Asia (except ME & Indian SC)

Asia to continue driving global growth, development in years to come, says Kazakh president

BOAO, Hainan, March 28 (Xinhua) -- As the world economy faces various challenges calling for a new development paradigm, Asia is well positioned to continue driving global growth and development in the years to come, Kazakh President Kassym-Jomart Tokayev said here Thursday.

Addressing the opening ceremony of the Boao Forum for Asia Annual Conference 2024, Tokayev said the meeting takes place against a backdrop of unprecedented global uncertainty, fueled by geopolitical turbulence and economic upheavals, and "the outlook is not very promising."

Agricultural Bank of China sees net profit growth of 4.2 pct in 2023

BEIJING, March 28 (Xinhua) -- Agricultural Bank of China, one of the country's four big state-owned lenders, reported net profit growth of 4.2 percent in 2023.

The bank raked in 269.8 billion yuan (about 38 billion U.S. dollars) in net profit attributable to shareholders in the period, according to its annual financial report.

Its non-performing loan ratio stood at 1.33 percent at the end of 2023, down 0.04 percentage points from the end of 2022.

According to the bank, its risk offset capability remains strong, with a provision coverage rate of 303.87 percent.

China calls for solidarity, cooperation to create better future for Asia, world

BOAO, Hainan, March 28 (Xinhua) -- China's top legislator on Thursday called for solidarity and cooperation to meet challenges and work together to create a better future for Asia and the world.

Zhao Leji, chairman of the National People's Congress Standing Committee, made the remarks during a keynote speech at the opening ceremony of the Boao Forum for Asia Annual Conference 2024, which drew more than 1,500 people from political and business circles and think tanks from more than 60 countries and regions.

Israeli embassy in Singapore forced to take down 'insensitive' Facebook post

Singapore, Mar 25 (PTI) An "insensitive" post by the Embassy of Israel here that tried to make a political point citing the holy Quran has been taken down after the intervention by the government of Singapore.

The post on the Facebook page was made on Sunday.

China continues to harp on its claim over Arunachal Pradesh currently under Indian administration

Beijing, Mar 25 (PTI) China on Monday continued to claim that Arunachal Pradesh is part of its territory, notwithstanding India dismissing Beijing’s claim as “absurd” and “ludicrous”.

On Monday, Chinese Foreign Ministry spokesman Lin Jian reiterated China’s claim reacting to External Affairs Minister S Jaishankar's assertions on Saturday, dismissing China's repeated claims on Arunachal Pradesh as "ludicrous" and that the frontier state was a "natural part of India".

Malaysia-Canada Bilateral Trade Up 25 pct Post-CPTPP

KUALA LUMPUR, March 25 (Bernama) — Malaysia and Canada have shared diplomatic ties for nearly 66 years, and via the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP), bilateral trade rose by 25 per cent.

Malaysia is also Canada’s country coordinator for Asean this year. Malaysia will be the Asean chair in 2025.

Canada’s Export Promotion, International Trade and Economic Development Minister Mary Ng said it is great to see some of the numbers.

China, Cambodia agree to promote military cooperation

BEIJING, March 25 (Xinhua) -- Chinese Defense Minister Dong Jun met with Mao Sophan, deputy commander-in-chief of the Royal Cambodian Armed Forces and commander of the Royal Cambodian Army, on Monday in Beijing, with the two sides pledging to further promote military cooperation.

Dong said the China-Cambodia friendship has continued to flourish over time and the building of the China-Cambodia community with a shared future has entered a new era of high quality, high level and high standard under the strategic guidance of the leaders of the two countries.

China's relay satellite Queqiao-2 enters orbit around the moon

BEIJING, March 25 (Xinhua) -- China's relay satellite Queqiao-2 has successfully performed the near-moon braking procedure and entered its circumlunar orbit, the China National Space Administration (CNSA) said on Monday.

After about 112 hours of flight, the satellite began to perform near-moon braking at a distance of about 440 km from the lunar surface at 12:46 a.m. (Beijing Time) on Monday and entered its circumlunar orbit smoothly 19 minutes later, said the CNSA.

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