Japanese industry minister Saito

Japanese industry minister Saito

Japanese Economy, Trade and Industry Minister Ken Saito speaks during a press conference in Tokyo on April 2, 2024, about the government's plan to offer up to 590 billion yen ($3.9 billion) to domestic chip venture Rapidus Corp. in additional financial aid.

Malaysia witnesses more domestic visitors in Q1

STORY: Malaysia witnesses more domestic visitors in Q1 DATELINE: June 28, 2023 LENGTH: 00:02:54 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of tourists at the Porta De Santiago in Malacca 2. various of tourists visiting the Stadthuys in the heart of Malacca City 3. various of the Malacca River and tourists enjoying a cruise ride in Malacca 4. various of Pulau Lang Tengah, Terengganu 5. various of Langkawi, Kedah STORYLINE: The number of Malaysia's domestic tourists rose 33.7 percent year-on-year to 48.6 million in the first quarter of 2023, official data showed Monday. The Department of Statistics Malaysia (DOSM) said in a statement that for quarter-on-quarter comparison, the number of domestic visitors increased by 3.9 percent as compared to the fourth quarter of 2022. Meanwhile, domestic tourism expenditure for the first quarter stood at 19.2 billion ringgit (4.1 billion U.S. dollars), jumped 47 percent year-on-year, and rose 4.6 percent quarter-on-quarter. DOSM data also showed that

China, Türkiye strong strategic partners with great potential: Turkish businessman

STORY: China, Türkiye strong strategical partners with great potential: Turkish businessman DATELINE: Nov. 12, 2022 LENGTH: 00:01:13 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Shanghai 2. various of the 5th CIIE 3. SOUNDBITE (English): AYDIN ACUN, Noor Asia Greenlife 4. various of Norasia Greenlife Company's products 5. various of the 5th CIIE STORYLINE: The fifth China International Import Expo (CIIE) concluded in Shanghai on Thursday. It saw 73.5 billion U.S. dollars worth of tentative deals reached for one-year purchases of goods and services, up 3.9 percent from that of last year. A Turkish businessman whose company joined the CIIE for the first time this year said that the CIIE is a very important platform. SOUNDBITE (English): AYDIN ACUN, Noor Asia Greenlife "We know very well that CIIE is the most important import organization (expo) in China as a very strategic step to explain the company and the products in the Chinese market. For Türkiye, as I've repeated a lot o

IMF staff approves second review of Argentina debt relief deal

STORY: IMF staff approves second review of Argentina debt relief deal DATELINE: Sept. 21, 2022 LENGTH: 00:01:12 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Argentina 2. various of Argentine capital Buenos Aires 3. various of the Buenos Aires Stock Exchange STORYLINE: Technical staff of the International Monetary Fund (IMF) on Monday approved the second review of the organization's debt relief agreement with Argentina, paving the way for the South American country to access some 3.9 billion U.S. dollars in the coming weeks, the IMF said. "IMF staff and the Argentine authorities have reached staff-level agreement on the second review under Argentina's 30-month EFF (Extended Fund Facility) arrangement," the agency said in a press release. The approval corresponds to the government's fulfillment of quantitative program targets in the second quarter, the IMF said, adding "most... were met." The agreement is subject to the approval of the IMF Executive Board, which is expe

Construction machinery exported to RCEP countries from Guangxi, China

STORY: Construction machinery exported to RCEP countries from Guangxi, China DATELINE: July 15, 2022 LENGTH: 00:00:45 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: 1. various of construction machinery 2. various of Qinzhou Port in south China's Guangxi Zhuang Autonomous Region STORYLINE: More than 130 pieces of construction machinery were on their way to Australia and Indonesia, departing from south China's Guangxi Zhuang Autonomous Region on Monday. Officials say this was the first whole-vehicle export to the Regional Comprehensive Economic Partnership (RCEP) member countries from Qinzhou Port. Produced by Guangxi Liugong Group Co., Ltd., the exports included loaders, road rollers, and excavators. In the first five months of this year, imports and exports with the RCEP member countries via Qinzhou Port grew 28.6 percent year on year to 26.25 billion yuan (about 3.9 billion U.S. dollars). RCEP is the world's largest free trade deal that entered into force in January. Xinhua News Agency corresp