S. Korean gov't, telcos collaborate to expand 5G to rural areas
Sep 02, 2020 22:21 pm UTC| Economy
The South Korean government and mobile carriers SK Telecom Co., KT Corp., and LG Uplus Corp. launched a task force to help expand 5G coverage into rural areas and allow roaming network sharing where population density is...
Foreign agriculture investments don't always threaten food security: the case of Madagascar
Sep 02, 2020 13:19 pm UTC| Economy
Large-scale land acquisitions have been increasing in developing countries following the 2007/8 high food price crisis. Countries with limited agricultural potential, like Gulf states, have been driving foreign...
How foreign countries can help Indonesia's economy recover from COVID-19 downturn
Sep 01, 2020 09:19 am UTC| Economy
The COVID-19 pandemic continues to wreak havoc on the Indonesia economy. The latest data showed minus 5.32% economic growth in the second quarter. To recover from this downturn, Indonesia needs every assistance available,...
Indonesia tightens importation of 11 products, including sneakers, bicycles
Sep 01, 2020 07:06 am UTC| Economy
Indonesia tightened importation rules for certain consumer products, including sports footwear, bicycles, and air conditioning electronics, after imports exceeded 70 percent in May and June. The country is now requiring...
Chinese factory activity dip slightly due to floods
Sep 01, 2020 06:30 am UTC| Economy
Chinese factory activitys Purchasing Managers Index (PMI) slipped slightly in August to 51.0 from 51.1 in July due to widespread floods. The PMI, a key gauge of manufacturing activity in China, was also below Bloombergs...
S. Korea, Cambodia to expand export portfolio in 2nd round of free trade talks
Aug 31, 2020 19:18 pm UTC| Economy
South Korea is conducting the second round of free trade negotiations with Cambodia this week to expand its export portfolio to cushion the economic fallout from the pandemic. According to the Ministry of Trade,...
Online transactions lift S. Korean retail sales 4.4% in July
Aug 31, 2020 12:57 pm UTC| Economy
Retail sales in South Korea surged 4.4 percent in July from last year as online platforms enjoyed increased demand for groceries and home appliances. The 26 major offline and online retailers posted combined sales of...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects