S. Korea eyes online trade platform deal with Uzbekistan
Sep 14, 2020 23:52 pm UTC| Economy
South Korea is seeking bilateral trade deals with Uzbekistan that would establish a platform to help local SMEs sell products through contactless channels, says Deputy Prime Minister and Finance Minister Hong...
Temporary flights to bring residents of China stuck in S. Korea back home
Sep 14, 2020 23:06 pm UTC| Economy
Korean Air Lines and Xiamen Airlines will operate seven flights from Incheon to Qingdao, Zhengzhou, and Xiamen until Oct. 15 to allow South Koreans residing in China to travel back to China. The COVID-19 crisis brought...
S. Korea to boost digital infrastructure investment as pandemic accelerates digitalization
Sep 11, 2020 21:40 pm UTC| Economy
South Korea will intensify investments in digital infrastructure to cope with the rate that the coronavirus pandemic is accelerating digitalization, says Finance Minister Hong Nam-ki. The focus of investments would...
The UK strikes post-Brexit trade agreement with Japan
Sep 11, 2020 17:34 pm UTC| Economy
The UK announced a $19.5 billion deal with Japan replicating the current EU-Japan deal and representing its first major post-Brexit trade agreement. Dubbed the UK-Japan Comprehensive Economic Partnership Agreement, it...
Relax, losing access to China won't make us the 'poor white trash of Asia'
Sep 10, 2020 09:15 am UTC| Insights & Views Economy
In another round of the increasingly bitter exchanges between China and Australia, a columnist for Chinas Global Times, Yu Lei, suggested that a further decoupling from China will make former Singapore Prime Minister Lee...
Saudi Arabia number 1 among 140 nations in digital competitiveness
Sep 09, 2020 15:57 pm UTC| Economy
Saudi Arabias heavy investments in technology allowed it to rank first among 140 nations in digital competitiveness, beating France, Indonesia, and China. The findings were based on a World Economic Forum report that...
Coronavirus showed the way cities fund public transport is broken – here's how it needs to change
Sep 09, 2020 07:12 am UTC| Economy
COVID-19 has triggered a crisis for public transport, as lockdowns caused its use to plummet by 70-90% worldwide. Even as lockdowns ease, buses and trains are can only carry 15% of the usual number of people due to social...
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