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Home ASEAN News (page 74)

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Augmented reality device will be made by Apple’s Chinese contract manufacturer

By Burapha
February 23, 2023
in :  Business, China, Technology
augmented reality device will be made by apple's chinese contract manufacturer

Nikkei Asia reported on Thursday, February 23, that Apple’s Chinese contract manufacturer Luxshare Precision Industries Co Ltd will assist develop the iPhone maker’s long-awaited augmented reality (AR) device. Luxshare has taken over the AR development team in Shanghai, which was previously controlled by Taiwan’s Pegatron, according to a source quoting people familiar with the subject. Luxshare is the first company …

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Indonesia values China’s support for the Myanmar peace agreement

By Burapha
February 22, 2023
in :  China, Indonesia
indonesia values china's support for the myanmar peace agreement

Indonesia’s Foreign Minister Retno Marsudi stated on February 22 that she welcomes China’s support for the regional group ASEAN’s five-point peace agreement, which aims to stop hostilities in Myanmar’s military-ruled territory. Retno spoke after meeting with his Chinese counterpart, Qin Gang, in Jakarta. “Indonesia extends its gratitude to China for its support of the five-point consensus.” She stated that (it) …

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China and ASEAN will step up negotiations on a South China Sea code

By Jasmine C.
February 22, 2023
in :  China, Geo Politics, Philippines
china and asean will step up negotiations on a south china sea code

Indonesian and Chinese officials announced on February 22 that negotiations on a code of conduct (COC) for the South China Sea will be strengthened this year, as the region worries over China’s aggression in the key waterway. In Jakarta, Indonesian Foreign Minister Retno Marsudi met with his Chinese counterpart Qin Gang ahead of a round of code negotiations beginning in …

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Hong Kong is under pressure to reduce budget spending as the deficit rises

By Katherine S
February 21, 2023
in :  China, Economy
hong kong is under pressure to reduce budget spending as the deficit rises

Hong Kong is under pressure to reign down spending as it announces its annual budget on Wednesday, February 22. This is due to its massive fiscal deficits accrued during the COVID-19 epidemic, as well as its efforts to stimulate the economy and reclaim its financial luster. After spending over HK$600 billion on limiting the spread of illnesses and giving economic …

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The housing crisis has impacted South Korea’s ‘jeonse’ rent-free renters

By Burapha
February 21, 2023
in :  South Korea
seoul properties as moon government facing pressure to ease housing affordability

South Korea’s rent-free renting system, which landlords and renters alike benefitted from over a lengthy period of rising residential property prices, is suffering as a result of a drop in housing values. With the “jeonse” arrangement, renters pay a deposit of up to 70 percent of the home’s value, then live rent-free for two years until the landlord returns the …

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Chinese harassment in the South China Sea is becoming a “daily occurrence”

By Jasmine C.
February 20, 2023
in :  China, Geo Politics, Philippines
chinese harassment in the south china sea is becoming a daily occurrence

Addressing a prestigious security conference in Munich, Germany, Filipino Foreign Secretary Enrique Manalo called attention to China’s escalating harassment of Philippine warships in the South China Sea, characterizing it as a “daily occurrence” in the dangerous waterway. “On a daily basis, there are still numerous events taking place in the South China Sea, and there are daily occurrences of harassment …

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South Korea and the US will conduct nuclear drills in response to North Korean threats

By Burapha
February 17, 2023
in :  Criminal, North Korea, South Korea
south korea and the us will conduct nuclear drills in response to north korean threats

In an effort to better confront North Korea’s threats, South Korea and the United States will conduct tabletop drills in Washington, D.C., the week after next, according to Seoul’s defense ministry on February 17. Nuclear-armed North Korea launched a record number of missiles in 2018, including intercontinental ballistic missiles (ICBMs) capable of striking anyplace in the United States, and resumed …

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Air France CEO says Chinese rivals have “unfair edge” flying over Russia

By Noto
February 17, 2023
in :  Business, China, World
air france ceo says chinese rivals have unfair edge flying over russia

Air France-CEO KLM’s has warned that European airlines forced to take longer flights to Asia to avoid Russia will struggle to compete with Chinese rivals if travel picks up following the Covid-19 shutdowns. Ben Smith stated that Chinese airlines had a “unfair edge” over European airlines that have been prohibited from Russian airspace since the full-scale invasion of Ukraine about …

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US urges all countries to warn China against Taiwan conflict

By Jasmine C.
February 16, 2023
in :  Taiwan
us urges all countries to warn china against taiwan conflict

US Deputy Secretary of State Wendy Sherman on Wednesday urged all countries to warn the People’s Republic of China (PRC) against conflict over Taiwan, adding Beijing should not use any visits by US lawmakers to the island nation as a pretext for military action. US-China relations experienced a major blow last August during a visit by then speaker of the …

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South Korea military study declares North “enemy,” estimates plutonium stockpile at 70 kg

By Burapha
February 16, 2023
in :  Criminal, South Korea
south korea military study declares north enemy, estimates plutonium stockpile at 70 kg

Thursday, February 16 was the first time in six years that South Korea has referred to North Korea as its “enemy” and reported an increase in Pyongyang’s stockpile of weapons-grade plutonium. The yearly white paper provides a peek of the secretive North’s expanding nuclear and conventional military arsenals. The North Korean dictatorship and military were referred to as “our adversary” …

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