Asian countries

Asian economies escape ‘manipulator’ tag, but expect trade friction

Beijing - Arab Today

Asian countries escaped the currency manipulator label in the latest US Treasury report, but remain wary of possible trade friction as President Donald Trump maintains his administration will seek to address trade imbalances. Trump has said some US trading partners, particularly China, manipulated their currency, but has since backed off that claim and acknowledged that China had not weakened theRead more

Egyptian tourist guide stresses Asian tourism's activity in summer

Cairo - Mohamed Ammar

The Egyptian tourist guide, Hend Oweis, explained that summer season has a large tourist activity in Asia, where there are some countries that are characterized by low-cost tourism, including Thailand, Indonesia, and Philippines. Most of the tourists are from Arab countries, who are celebrating their recent marriage as these countries have many offers for newly married, and there isRead more

King Salman lauds Asian leaders’ keenness to bolster bilateral relations

Riyadh - Arab Today

King Salman has briefed the Cabinet on the outcome of his visit to a number of Asian countries including Malaysia, Indonesia, Brunei, Japan and China. Presiding over the Cabinet session Monday at Yamamah Palace, King Salman appreciated the keenness expressed by leaders of these countries in bolstering bilateral relations and the viewpoints over regional and global issues serving international peaceRead more

King Salman’s visit to Asian countries to achieve Vision 2030 aims

Riyadh - Arab Today

Experts said the visit of King Salman to several Asian countries carries investment mega-opportunities that will help achieve the objectives of Vision 2030. They said strengthening relations with the East Asian countries allows the Kingdom to benefit from trade locations and the experiences of these countries, local media said. The board chairman of the Eastern Region Chamber of Commerce andRead more

King Salman’s visit to bolster trade and investment ties

Riyadh - Arab Today

Ahmed bin Sulaiman Al-Rajhi, chairman of the Board of the Riyadh Chamber of Commerce and Industry (RCCI), said agreements recently signed between the Kingdom, Malaysia and Indonesia will boost trade and investment ties. Al-Rajhi praised the outcome of King Salman’s visit to some of the southeast Asian countries, starting with Malaysia and Indonesia. He said the deals signed in MalaysiaRead more

Asian leaders hold talks after Trump dumps TPP

Tokyo - Arab Today

Negotiators from 16 Asian countries are meeting in the Japanese port city of Kobe this week for talks on a regional trade pact seen as a rival to the Trans-Pacific Partnership (TPP) rejected by US President Donald Trump. China is not part of the TPP but is playing a leading role in the Regional Comprehensive Economic Partnership (RCEP), which facesRead more

S. Korea to Speed Up Upgrade of FTA with ASEAN

Seoul - QNA

South Korea and Southeast Asian countries agreed to speed up negotiations to upgrade their free trade agreement, Seoul's trade ministry said Tuesday, amid rising fears over trade protectionism. Seoul has been in talks with the 10 Association of Southeast Asian Nations (ASEAN) to improve the FTA, which took effect in 2007, with Singapore becoming the chair country of theRead more

Japan sees trade surplus on cheaper oil, China rebound

Tokyo - Arab Today

Japan posted its first trade surplus in six years in 2016 thanks to a rebound in exports late in the year and persisting low oil prices, though uncertainties over US policy and global growth are overshadowing the recovery. The 4.1 trillion yen ($35.8 billion) surplus in 2016 compared with a 2.8 trillion yen deficit in 2015, the government reported Wednesday.Read more

Foreign Visitors to Japan Hit Record High in 2016

Tokyo - QNA

Japan had a record high 24.03 million foreign visitors in 2016, a rise by 21.8%, or over 4.3 million, from the previous high of 19.7 million set in 2015, Japan's Transport Ministry said Tuesday. Officials attribute the jump to the increase in the number of flights and cruise ships from Asian countries, as well as the easing of visaRead more

Smartphone-obsessed Finns rank tops in screen time

Helsinki - Arab Today

On the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news, checking emails or watching videos. A loud "yeah!" breaks the quiet, along with delighted screech from a toddler whose mother has just handed him her smartphone to calm him down with a video. Finland, once a world leader in mobile telephonyRead more