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Home ASEAN News (page 107)

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Sri Lanka’s fuel shortage is expanding the black market

By Jasmine C.
August 2, 2022
in :  ASEAN News, Economy
Sri Lanka's fuel shortage is expanding the black market

Although Akshant appears to be no different than any other tuk tuk driver in Sri Lanka, his earnings are three times more than those of his peers. This is due to the fact that he has been selling fuel on the illicit market despite their now being a major scarcity. The man, who was 59 years old, made the statement …

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Myanmar’s junta would extend emergency rule for 6 months

By Burapha
August 1, 2022
in :  ASEAN News, Geo Politics
Myanmar's junta would extend emergency rule for 6 months

State media reported on Monday (August 1) that the head of Myanmar’s junta, Min Aung Hlaing, will extend the state of emergency in the country for an additional six months. The media also reported that the junta’s national defense and security council has given its approval for the extension of the state of emergency. After seizing power from the elected …

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NASA says Beijing didn’t disclose information before rocket crash

By Jasmine C.
July 31, 2022
in :  China, Technology, World
NASA says Beijing didn't disclose information before rocket crash

On Saturday, July 30, a Chinese rocket crashed down to Earth over the Indian Ocean, but NASA stated that Beijing had not supplied the “specific trajectory information” that was required to determine where possible debris would fall. The United States Space Command reported that the Long March 5B rocket re-entered Earth’s atmosphere over the Indian Ocean at approximately 12:45 p.m. …

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Chinese Super League will carry on during the World Cup

By Katherine S
July 30, 2022
in :  China, Sports, World
Chinese Super League will carry on during the World Cup

Once the season resumes on August 5, the Chinese Super League will not take a break for the World Cup finals in November and December as the Chinese football authorities have stated. The World Cup finals will be held in Russia in November and December. After the completion of the first ten rounds on July 12, the league went on …

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As COVID-19 spreads, Japan looks to regions for help

By Katherine S
July 29, 2022
in :  Health, Japan
As COVID-19 spreads, Japan looks to regions for help

There are no plans for any comprehensive national measures; however, Japan is encouraging regional authorities to take their own counter-measures against the spread of a new coronavirus variant that has sent cases surging to record levels. This is despite the fact that there is currently no plan in place for any such measures. As the BA.5 strain of the virus …

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Taiwan fired flares at a drone near a remote island

By Katherine S
July 28, 2022
in :  China, Geo Politics
Taiwan fired flares at a drone near a remote island

Taiwan’s military shot flares on Thursday, July 28th, to scare away a drone that “glanced by” a heavily guarded island near the Chinese shore, the Defence Ministry said. Taiwan, claimed by China as its territory, has complained of increased Chinese military maneuvers in recent years to force Taipei’s democratically elected government to recognize Beijing’s sovereignty. According to the ministry, the …

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Asia’s richest woman loses half of fortune amid China’s property crisis

By Jasmine C.
July 28, 2022
in :  China, World
Asia's richest woman loses half of fortune amid China's property crisis

A billionaire index revealed on Thursday that China’s real estate industry had been devastated by a liquidity shortage, which has caused the wealthiest lady in Asia to lose more than half of her fortune over the past year. According to the Bloomberg Billionaires Index, Yang Huiyan, who is a majority shareholder in the Chinese property company Country Garden, saw her …

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South Korea will take cybermeasures if North Korea conducts nuclear test

By Burapha
July 27, 2022
in :  Geo Politics, North Korea, South Korea
South Korea will take cybermeasures if North Korea conducts nuclear test

The Minister of Foreign Affairs of South Korea issued a warning on Wednesday that if North Korea goes forward with its planned nuclear test on July 27th, it will almost certainly face stronger limitations, including measures to impair its capabilities to engage in cyberattacks. Since May, President Yoon Suk-yeol nominated top diplomat Park Jin has stated that North Korea has …

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The ice industry flourishes in the summer heat in Shanghai

By Burapha
July 26, 2022
in :  Business, China
The ice industry flourishes in the summer heat in Shanghai

Throughout the month of July, the skyrocketing temperatures in Shanghai, the commercial metropolis of China, have kept Ye Xiangxiang quite busy. According to Ye, the manager of an ice-making factory owned by Shanghai’s Yuhu Ice Company and located on the outskirts of the city, business in 2022 is twice as good as it was in a typical year. “This year, …

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Sri Lanka asks China for trade, investment, and tourist aid

By Jasmine C.
July 26, 2022
in :  China, Economy, World
Sri Lanka asks China for trade, investment, and tourist aid

Amidst negotiations for an emergency US$4 billion package to assist it to emerge from an economic collapse, Sri Lanka has urged China for support with trade, investment, and tourism to help it expand sustainably, Colombo’s envoy to Beijing said on Monday, July 25th. Having depleted its foreign reserves, the island nation of 22 million people is experiencing its biggest economic …

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