Global air freight sees major slump in January
   Kuala Lumpur - International demand for air freight recorded a dip of 23.6 per cent in January because of a lull in world trade amid the global economic downturn, the Association of Asia Pacific Airlines said Friday.    The drop in freight ton kilometres was seen from the same month a year ago as total cargo loads registered a mere...

Global air freight sees major slump in January

Seoul: North Korea steps up preparations for missile launch
   Seoul - North Korea has begun to test radar and other equipment in preparation for launching what it claims to be a satellite, South Korean media reports said Friday.    Increased activity was reported from the Musudan-ri missile launch site in the north-east of the communist state as North Korea moves closer to what South Korea...

Seoul: North Korea steps up preparations for missile launch

More than 22,000 workers laid off in Malaysia since October
   Kuala Lumpur - A total of 22,887 workers, including more than 6,600 foreigners, have been said off in Malaysia in almost five months due to the global economic crisis, a news report citing government figures said Friday.    The retrenched workers came from a total of 654 employers, mainly from the manufacturing sector, and were...

More than 22,000 workers laid off in Malaysia since October

India logs slowest quarterly growth in nearly six years
   New Delhi - A sharp slowdown in the Indian economy was evident Friday when official data showed growth at 5.3 per cent in the October-to-December quarter, the slowest quarterly growth in almost six years.    The figure was a substantial decrease from the 8.9-per-cent expansion recorded in the same period the previous year as the...

India logs slowest quarterly growth in nearly six years

Army launches search for missing officers after mutineers surrender
   Dhaka - Convoys of army troops Friday entered the headquarters of the paramilitary Bangladesh Rifles (BDR) to search for missing army officers, while police arrested more than 200 border troops involved in a mutiny against their commanders two days ago.    "The army entered the compound with the prime minister's permission to...

Army launches search for missing officers after mutineers surrender

Vietnam and Myanmar to expand trade ties
   Hanoi - Officials and executives at a Vietnam-Myanmar trade fair have signed several deals to boost trade between the two countries, Vietnamese media reported Thursday.    Vietnam government representatives signed a memorandum of understanding Wednesday to import more than 5 million dollars of wood from Myanmar by 2010 at the...

Vietnam and Myanmar to expand trade ties

Mainland Chinese visitors boost Hong Kong tourism figures
   Hong Kong - Hong Kong appeared to buck tourism trends worldwide by recording an 11 per cent increase in visitor numbers in January, official figures released Thursday showed.    Almost 2.8 million people visited the former British colony in January compared to 2.5 million in January 2008, according the Hong Kong Tourism Board...

Mainland Chinese visitors boost Hong Kong tourism figures

Taiwan's jobless rate hit record high in January
   Taipei - Taiwan's seasonally adjusted jobless rate skyrocketed to 5.33 per cent in January, as sharply reduced global demand seriously battered the local manufacturing industry, a government agency said Thursday.    Some 578,000 Taiwanese were officially classified as out of work, 29,000 more than in December, the Directorate...

Taiwan's jobless rate hit record high in January

Singapore man fined for tying up sex worker
   Singapore - A Singapore court fined a restaurant manager 500 Singapore dollars (326 US dollars) Thursday for tying up a sex worker who subsequently fell to her death from a window of the man's ninth-floor flat, a news report said.    Edmund Peter Anthony had taken the 27-year-old Thai woman home and had sex with her on October 15,...

Singapore man fined for tying up sex worker

India confident that Bangladesh situation will be resolved amicably
   New Delhi - India said Thursday that the border guards' mutiny in neighbouring Bangladesh was an internal matter and it was confident that the neighbouring country would resolve the situation amicably.    There is growing concern in India over the volatile situation in Bangladesh. The two nations share a 4,096-kilometre...

India confident that Bangladesh situation will be resolved amicably

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