In the era of population decline, South Korea’s most crowded place is its prisons. The total capacity of 54 correctional facilities nationwide, including prisons and detention centers, is 50,614 ... ( read original story ...)
S. Korea weighs higher property taxes on nonresident homeowners
March 12 (Asia Today) --South Korea's land minister said Thursday the government is preparing a property tax overhaul that could raise the burden on owners of ultra-high-priced homes and single-home ... ( read original story ...)
China’s robot half-marathon came with plenty of chaos — and one broken record
China once again staged a half-marathon for humanoid robots. It delivered a record — and plenty of chaos. A robot from Chinese smartphone and gadget maker Honor clocked 50 minutes and 26 seconds at ...
Seized Iranian-flagged ship was part of fleet that frequented China
The cargo ship seized by U.S. forces in the Gulf of Oman belongs to a subsidiary of a sanctioned Iranian state-owned group.
Raffles Medical’s China business is underperforming but group says time is needed to deliver
Senior management has observed the sector for more than 30 years before considering venturing into the north Asian market Read more at The Business Times.
Thailand mulls higher public debt for $30 billion borrowing
Thailand’s government may lift a voluntary ceiling on public debt to open room for additional borrowing of about $30 billion to fund measures to shore up an economy hit by global energy shocks, ...
Tradewind Finance Provides USD 2.5 Million Non-Recourse Export Factoring Facility to Vietnamese Cable Exporter
Tradewind Finance has provided a USD 2.5 million non-recourse export factoring facility to a cable manufacturer based in Vietnam. The facility, structured by Tradewind's Shanghai office, converts ...
Pakistan signs IFC advisory deal for rollout of 10 million smart meters
Pakistan has signed an advisory agreement with the IFC for private sector participation in installing 10 million smart meters across all Discos. The Power Division says the move is part of a wider ...
China unveils technological breakthrough that could one day propel drones indefinitely
Chinese scientists have developed a special power transmission platform to charge drones mid-air using microwaves, a proof-of-concept design that may one day lead to UAVs flying indefinitely.
US expands Asia defense drills in shadow of China, Iran threats
The US on Monday kicked off its major annual joint Indo-Pacific military drills in the Philippines, seeking to reassure allies of its regional defense commitments while embroiled in a war with Iran.