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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Manufacture of Zardozi for the Eid-ul-Fitr festival - Bangladesh

Artisans working to meet the demand in markets ahead of Eid-ul-Fitr festival in 2025. Traditional Zardozi and Karchupi artisans are now struggle as low prices machine-made embroidery from Indian and other Asian countries, rising costs, and declining demand threaten their craft in Bangladesh. on March 19, 2025 in Chittagong Bangladesh. Photo by Md Rafayat Haque Khan/Eyepix Group/ABACAPRESS.COM

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Holi celebrators in New Delhi gear up for festival

STORY: Holi celebrators in New Delhi gear up for festival SHOOTING TIME: March 21, 2024 DATELINE: March 22, 2024 LENGTH: 00:01:35 LOCATION: New Delhi CATEGORY: CULTURE SHOTLIST: 1. shot of India gate 2. various of markets STORYLINE: Markets in New Delhi are bustled with Holi celebrators as the festival of colors is just around the corner. The ancient Indian festival marks the end of winter and the onset of the spring season, signifying the victory of good over evil. Millions of Indians, mostly Hindus, are expected to celebrate the Holi festival on March 25 across the South Asian country with religious fervor and gaiety. During the celebrations, participants will hold colored powder on plates and smear them on each other to express love and affection. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Spanish beef industry sees China's lifting of ban on exports as "super-positive"

STORY: Spanish beef industry sees China's lifting of ban on exports as "super-positive" SHOOTING TIME: March 13, 2024 DATELINE: March 15, 2024 LENGTH: 0:01:33 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of beef farms 2. various of fairs and meat manufactures 3. various of goods containers in the Port of Barcelona 4. SOUNDBITE 1 (Spanish): RICARD GODIA, President of the Spanish Association of Beef Producers 5. SOUNDBITE 2 (Spanish): RICARD GODIA, President of the Spanish Association of Beef Producers 6. various of beef farms STORYLINE: China's decision to lift a ban on imports of Spanish beef has been welcomed by the meat industry in Spain as "super-positive". SOUNDBITE 1 (Spanish): RICARD GODIA, President of the Spanish Association of Beef Producers "The beef industry's initial reaction is super-positive. Our main aim is to open new markets, above all the Asian market, and China was a market closed to us that is now open. The production plants still need certification before export

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CHINA-JIANGSU-WUXI-VOITH-WEIFU-COOPERATION (CN)

(240223) -- WUXI, Feb. 23, 2024 (Xinhua) -- This undated photo shows a company of Germany's Bosch Group in Wuxi, east China's Jiangsu Province. Germany's Voith Group on Thursday signed a strategic cooperation agreement with Chinese state-owned enterprise Weifu Group to develop and promote high-pressure hydrogen storage systems. Voith and Weifu, a renowned auto parts maker in the city of Wuxi, east China's Jiangsu Province, will focus on the research, development, large-scale production and application of the storage systems. With an approximate total investment of 120 million euros (129.8 million U.S. dollars), the two companies will establish joint ventures in Germany and Wuxi to cover the European, U.S. and Asian business markets. TO GO WITH "German new energy giant Voith inks hydrogen storage project deal with Chinese auto firm" (Xinhua)

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CHINA-JIANGSU-WUXI-VOITH-WEIFU-COOPERATION (CN)

(240223) -- WUXI, Feb. 23, 2024 (Xinhua) -- This undated photo shows a company of Germany's Voith Group in Wuxi, east China's Jiangsu Province. Germany's Voith Group on Thursday signed a strategic cooperation agreement with Chinese state-owned enterprise Weifu Group to develop and promote high-pressure hydrogen storage systems. Voith and Weifu, a renowned auto parts maker in the city of Wuxi, east China's Jiangsu Province, will focus on the research, development, large-scale production and application of the storage systems. With an approximate total investment of 120 million euros (129.8 million U.S. dollars), the two companies will establish joint ventures in Germany and Wuxi to cover the European, U.S. and Asian business markets. TO GO WITH "German new energy giant Voith inks hydrogen storage project deal with Chinese auto firm" (Xinhua)

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CHINA-JIANGSU-WUXI-VOITH-WEIFU-COOPERATION (CN)

(240223) -- WUXI, Feb. 23, 2024 (Xinhua) -- This undated photo shows an exterior view of Weifu Group in Wuxi, east China's Jiangsu Province. Germany's Voith Group on Thursday signed a strategic cooperation agreement with Chinese state-owned enterprise Weifu Group to develop and promote high-pressure hydrogen storage systems. Voith and Weifu, a renowned auto parts maker in the city of Wuxi, east China's Jiangsu Province, will focus on the research, development, large-scale production and application of the storage systems. With an approximate total investment of 120 million euros (129.8 million U.S. dollars), the two companies will establish joint ventures in Germany and Wuxi to cover the European, U.S. and Asian business markets. TO GO WITH "German new energy giant Voith inks hydrogen storage project deal with Chinese auto firm" (Xinhua)

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China's Changan Auto to set up EV plant in Thailand

STORY: China's Changan Auto to set up EV plant in Thailand DATELINE: Oct. 27, 2023 LENGTH: 00:01:11 LOCATION: Bangkok CATEGORY: ECONOMY SHOTLIST: 1. various of the land purchase contract signing ceremony 2. various of the promotion video of Changan Auto STORYLINE: Chinese automaker Changan on Thursday signed a land purchase agreement with Thailand's industrial estate developer WHA Group to build its new electric vehicle (EV) factory in the Southeast Asian country. The 40-hectare plant is located in Thailand's eastern Rayong province, part of the country's Eastern Economic Corridor (EEC), a special development zone. Scheduled to start operation in 2025 with an initial capacity of 100,000 units per year, the plant will be a production base for electrified vehicles to supply the Thai market and export to neighboring ASEAN and other markets including Australia, New Zealand, and Britain. Thailand has long been a major automobile production base in Southeast Asia due to its industrial chain and geographical a

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India's retail inflation falls to 6.83 pct in August

STORY: India's retail inflation falls to 6.83 pct in August DATELINE: Sept. 13, 2023 LENGTH: 00:01:13 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of vegetables in markets STORYLINE: The retail inflation in India fell to 6.83 percent in August from 7.44 percent in July, official data showed on Tuesday. The fall was attributed to the reduction in prices of vegetables, particularly tomatoes in August, compared to the previous month. The retail inflation of 7.44 percent in July was the highest in the past 15 months. The price data were collected from selected 1,114 urban markets and 1,181 villages through personal visits by field staff of the Field Operations Division of the National Statistical Office (NSO) on a weekly roster. The retail inflation still remains above the tolerance limit of 2-6 percent of the South Asian country's central bank. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Hong Kong eyes more ASEAN, Middle East presence in offshore renminbi market

STORY: Hong Kong eyes more ASEAN, Middle East presence in offshore renminbi market DATELINE: Sept. 5, 2023 LENGTH: 00:01:09 LOCATION: HONG KONG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Treasury Markets Summit 2023 STORYLINE: Head of the Hong Kong Monetary Authority (HKMA) said Monday that the regulator is working with banks to promote more participation from the Association of Southeast Asian Nations (ASEAN) and the Middle East in Hong Kong's offshore renminbi (RMB) market. Chief Executive of the HKMA Eddie Yue said an increasing number of economies, including those in the Middle East and the ASEAN, want to use the RMB to settle their trade with China. In a speech at the Treasury Markets Summit 2023 jointly organized by the HKMA and the Hong Kong Treasury Markets Association (TMA), Yue said Hong Kong's edge as the leading offshore RMB business hub is not just a matter of its mutual market access with the mainland. In fact, Hong Kong has the largest offshore RMB liquidity pool, occupies the t

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China's Hainan harvesting first batch of domestic durians

STORY: China's Hainan harvesting first batch of domestic durians DATELINE: July 24, 2023 LENGTH: 00:00:12 LOCATION: HAIKOU, China CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of a durian falling off the tree STORYLINE: South China's Hainan Province is harvesting the first batch of domestic durians. The durians on the Chinese markets are mainly imported from Southeast Asian countries. Most of the imported durians are picked when they are 70% or 80% ripe, which will affect their taste. Xinhua News Agency correspondents reporting from Haikou, China. (XHTV)

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70% surveyed companies from EU to increase investments in China: survey

STORY: 70% surveyed companies from EU to increase investments in China: survey DATELINE: July 22, 2023 LENGTH: 00:01:27 LOCATION: TIANJIN, China CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. SOUNDBITE (English): CHRISTOPH SCHREMPP, Chairman of the European Union Chamber of Commerce in China Tianjin Chapter STORYLINE: The European Union Chamber of Commerce in China Tianjin Chapter held a conference in Tianjin on July 19 to interpret the results of the European Business in China Business Confidence Survey 2023. According to the survey, if China increases market access for foreign companies, the untapped investment is not inconsiderable. 70% surveyed companies from the European Union in China aim to increase investments by 5% of their annual revenue. SOUNDBITE (English): CHRISTOPH SCHREMPP, Chairman of the European Union Chamber of Commerce in China Tianjin Chapter "There are some industries where the Asian region, especially China, will become in the future one of the biggest markets. There a

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River Yamuna in Indian capital swells to highest recorded level

STORY: River Yamuna in Indian capital swells to highest recorded level DATELINE: July 13, 2023 LENGTH: 00:02:18 LOCATION: New Delhi CATEGORY: ENVIRONMENT SHOTLIST: 1. Shot of India gate 2. various shots of overflowing Yamuna River 3. various shots of flooded houses and roads 4. various shots of shelter tent, relief camps and cars STORYLINE: River Yamuna in the Indian capital Delhi's territory swelled to a record level on Wednesday, with the water level of Yamuna recorded at 207.55 meters, according to India's central water commission. The level has broken the previous all-time record of 207.49 meters set in 1978. The river's danger mark is 204.5 meters. The Yamuna has flooded homes and markets, causing immense hardship to residents across the South Asian country. Many of them living near the river have moved to safer locations and some have shifted their belongings to the terraces of the buildings. The administration has issued a high alert, anticipating a rise in the water level and potential flood-lik

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Bangladeshi Muslims celebrate Eid al-Adha festival

STORY: Bangladeshi Muslims celebrate Eid al-Adha festival DATELINE: July 1, 2023 LENGTH: 0:04:36 LOCATION: Dhaka CATEGORY: CULTURE SHOTLIST: 1. various of cattle being transported by boat 2. various of cattle markets STORYLINE: Bangladeshi Muslims celebrated Eid al-Adha on Thursday, one of two major festivals in the South Asian country. In the capital Dhaka and elsewhere in Bangladesh, Muslims offered special prayers seeking divine blessings, peace and prosperity in tens of thousands of congregations of Eid al-Adha, also known as the festival of animal sacrifice. Cattle markets have been brimming with sacrificial animals. Bangladeshi Fisheries and Livestock Minister SM Rezaul Karim said the demand for sacrificial animals stood at 10 million this year, while more than 12.5 million animals were available for the ritual. Millions of Muslims and non-Muslim poor people in Bangladesh, who can not afford to buy meat even once in a year, get a chance of eating meat up to satisfaction as rich people will distr

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Cambodia earns 278 mln USD from bicycle export in Q1, up almost 20 pct

STORY: Cambodia earns 278 mln USD from bicycle export in Q1, up almost 20 pct DATELINE: May 3, 2023 LENGTH: 00:02:09 LOCATION: Phnom Penh CATEGORY: ECONOMY SHOTLIST: 1. various of bicycle shops in Phnom Penh 2. various of bicycles being displayed at bicycle shops in Phnom Penh STORYLINE: Cambodia exported bicycles worth 278 million U.S. dollars to foreign markets in the first quarter of 2023, a year-on-year increase of nearly 20 percent, the Ministry of Commerce said in a report on Tuesday. Ministry of Commerce's Undersecretary of State and spokesman Penn Sovicheat said Made-in-Cambodia bicycles had been exported to the European Union, the United Kingdom, the United States, Canada, Japan, and China, among others. "Bicycles have become one of our key manufacturing products for exports after clothes, footwear, and travel goods," he told Xinhua. He said Cambodia ranks first in the Association of Southeast Asian Nations (ASEAN) in terms of bicycle exports. There are currently five bicycle factories i

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Chinese New Year sales slow amid price hike in Myanmar

STORY: Chinese New Year sales slow amid price hike in Myanmar DATELINE: Jan. 21, 2023 LENGTH: 00:05:00 LOCATION: Yangon CATEGORY: ECONOMY SHOTLIST: 1. various of local markets STORYLINE: Sales of the Chinese New Year decorations and snacks in shops at Yangon's Chinatown have slowed as commodity prices are soaring in the Southeast Asian country of Myanmar. Retailers from Yangon's Chinatown said the prices of the festive products for the Lunar New Year nearly doubled, compared to the prices a year earlier. U Maung Aye, the owner of the One Star Store at Yangon's Chinatown, told Xinhua that his shop saw a slight decrease in sales of New Year products this year, saying that some prices were up nearly 100 percent. With the Year of the Rabbit around the corner, Chinese residents in Yangon are thronging the shops at Yangon's Chinatown to buy things for the New Year. "Red envelopes are selling well at my shops. As the new year is the Year of Rabbit, the sales of rabbit dolls are also good," Sin Sin, a re

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Fast Retailing to enter Indonesian market

JAKARTA, Indonesia - Naoki Otoma (R), group executive vice president of Fast Retailing Co., attaches a Uniqlo logo on a world map at a press conference in Jakarta on Feb. 13, 2013. Fast Retailing said it aims to set up its first Uniqlo casual clothing store in Indonesia in May or June and open nine more at an early date with a view to expanding operations in emerging Southeast Asian markets.

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Honda posts 18.8% rise in 1st-half group net profit

TOKYO, Japan - Tetsuo Iwamura, executive vice president of Honda Motor Co., attends a press conference in Tokyo on Oct. 28, 2014. The company lowered its group net profit outlook for the business year through March 2015 despite solid profit growth in the first half, amid faltering demand in Japan and some other Asian markets.

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ASEAN-plus-3 to boost cooperation to strengthen Asian bond markets

ASTANA, Kazakhstan - Finance ministers and central bank governors from the countries of the Association of Southeast Asian Nations, Japan, China and South Korea pose for photos at their meeting in the Kazakhstan capital of Astana on May 3, 2014. The meeting was held on the sidelines of the Asian Development Bank's annual conference.

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Sony unveils new Xperia Z Ultra smartphone

SHANGHAI, China - Kunimasa Suzuki, executive vice president of Sony Corp., shows the new Xperia Z Ultra smartphone to reporters in Shanghai on June 25, 2013. The company will begin selling the new device, featuring the world's largest full HD display for smartphones, mainly in Asian and European markets, in the coming months.

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Honda's Brio prototype for Asian markets

BANGKOK, Thailand - Takanobu Ito (2nd from R), president of Honda Motor Co., unveils a prototype of the Brio subcompact targeting Asian markets in Bangkok on Nov. 30, 2010. Honda plans to start selling the car in Thailand and India in 2011.

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More Japanese restaurants hit Asian markets

SINGAPORE, Singapore - People dine at a restaurant in Singapore run by the local arm of Japanese ''izakaya'' bar chain operator Watami Co. in April 2010. Major Japanese restaurant chain operators have been aggressively opening new outlets in other Asian countries.

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Honda ups full-year forecast for 3rd time on domestic, Asia sales

TOKYO, Japan - Honda Motor Co. Executive Vice President Koichi Kondo briefs reporters on the company's business performance in Tokyo on Feb. 3, 2010. He said the company raised its profit and sales outlook for the whole of fiscal 2009 ending in March for the third time, helped by cost-cutting efforts and brisk sales of fuel-efficient cars in Japan and other Asian markets.

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Oil tank port Kozmino starts operations

NAKHODKA, Russia - Russian Prime Minister Vladimir Putin speaks during a tanker-loading ceremony at Kozmino, near Nakhodka in Russia's Far East, on Dec. 28, 2009. Russia started loading the first oil tanker at Kozmino port which will serve as a key gateway for the country's energy exports to Asian markets.

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Mitsubishi Paper, Chuetsu Pulp to merge Oct. 1

TOKYO, Japan - Chuetsu Pulp & Paper Co. President Jiro Sugano (L) and Mitsubishi Paper Mills Ltd. President Takeshi Sato shake hands at a Tokyo hotel Jan. 31 after announcing the two companies will merge Oct. 1 on an equal basis to expand their business amid severe competition in emerging East Asian markets.

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Asia, Europe ministers to mull Asian bond markets

BALI, Indonesia - Finance ministers from the Asia-Europe Meeting (ASEM) pose for photographers in front of the International Convention Center in Bali on July 5 before starting a two-day conference.

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Itochu to sell fashion wear designed by Noriko Sakai

TOKYO, Japan - Television personality Noriko Sakai (C) poses with models wearing her ''PP rikorino'' brand outfits at trading house Itochu Corp. in Tokyo on Feb. 17. Itochu will begin selling the brand for young women in Japan and other Asian markets.

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Japanese Finance Minister Miyazawa opens ASEM forum

KOBE, Japan - Japanese Finance Minister Kiichi Miyazawa (C, front row) speaks at the opening session of a two-day conference of Asian and European finance ministers Jan. 13 at a hotel in Kobe's Chuo Ward. The ministers from the Asia-Europe Meeting (ASEM) are expected to focus their discussions on the two regions' economic outlooks amid growing signs of a U.S. economic slowdown and stock price falls in key global markets.

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GM unveils sports utility vehicle for Asian markets

TOKYO, Japan - The photo released Oct. 15 shows a compact sports utility vehicle General Motors Corp. (GM) jointly developed with Suzuki Motor Corp. for Asian markets. The 3.6-meter vehicle, dubbed the YGM-1, has a 1.3-liter engine and can accommodate up to five passengers.

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ASEAN leaders hand in hand

Leaders of the Association of Southeast Asian Nations (ASEAN) link hands at the opening ceremony of the two-day summit in Hanoi, Vietnam, on Dec. 15. The summit opened amid calls on countries outside Southeast Asia to open their markets and extend help to spur the region's economic recovery.

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ADB cuts India's GDP growth forecast to 7 pct

STORY: ADB cuts India's GDP growth forecast to 7 pct DATELINE: Sept. 22, 2022 LENGTH: 0:01:30 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India gate 2. various of the local markets 3. various of fuel station 4. various of traffic STORYLINE: The Asian Development Bank (ADB) on Wednesday cut down India's gross domestic product (GDP) growth projection to 7 percent for the remaining part of the current fiscal year (April 2022-March 2023), from 7.5 percent estimated in April. Terming it as a "modest downward revision," the ADB cited "higher-than-anticipated inflation and monetary tightening" as the reasons for the cut in its GDP projection for India. The ADB also raised its inflation forecast for India to 6.7 percent. It said that private consumption will be affected by higher inflation eroding consumer purchasing power even though consumer confidence continues to improve. "Sticky core inflation will adversely impact spending over the next two years if wages fail to adjust,

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Malaysia's ban on chicken exports takes effect

STORY: Malaysia's ban on chicken exports takes effect DATELINE: June 1, 2022 LENGTH: 00:05:00 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of morning market 2. various of chickens in cage and poultry suppliers STORYLINE: Malaysia's ban on chicken exports has taken effect as of Wednesday, aimed at stabilizing domestic supplies and alleviating shortages. Prime Minister Ismail Sabri Yaakob announced the ban on May 23 over ballooning prices of chicken and chicken products in the market and a supply shortage to local consumers. The export ban will remain in place until the situation stabilizes, allowing the Southeast Asian country to create a stock buffer. The measures, along with abolishing approved permits for imports as well as facilitating the claim process for subsidies to farmers, are aimed at shoring up the country's food security. Transactions in markets around the capital Kuala Lumpur showed sufficient chicken stocks available for sale at the set prices, which have been

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Malaysia's exports rise 20.7 pct in April

STORY: Malaysia's exports rise 20.7 pct in April DATELINE: May 20, 2022 LENGTH: 00:02:27 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. Malaysia's national flag 2. various of landscape of Kuala Lumpur city center 3. various of container vessels at Northport of Port Klang, Selangor 4. various of container yard at Port Klang, Selangor 5. various of container truck on road STORYLINE: Malaysia's exports surged 20.7 percent year-on-year to 127.49 billion ringgit (28.96 billion U.S. dollars) in April, marking the ninth straight consecutive month of double-digit growth, official data showed Thursday. The export growth was contributed mainly by shipments of electrical and electronic products mainly semiconductors driven by global digitalization trends, the Ministry of International Trade and Industry (MITI) said in a statement. Meanwhile, exports to major markets notably the Association of Southeast Asian Nations (ASEAN), China, the United States, the European Union (EU) and Japan recorded double-di

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Thailand reports new daily record of 28,379 COVID-19 infections

STORY: Thailand reports new daily record of 28,379 COVID-19 infections DATELINE: April 2, 2022 LENGTH: 00:02:48 LOCATION: Bangkok CATEGORY: SOCIETY/HEALTH SHOTLIST: 1. various of Thai people's lives, markets 2. various of Thai shopping markets, street view 3. various of people waiting for COVID-19 test 4. various of Thai people receiving COVID-19 vaccine injections STORYLINE: Thailand on Friday reported 28,379 new COVID-19 cases over the past 24 hours, the highest daily rise so far, bringing the total tally to over 3.65 million. The daily case tally has been rising for three consecutive days and renewed the record of 27,560 new infections set on Thursday, according to the Center for COVID-19 Situation Administration (CCSA), the country's COVID-19 task force. The capital Bangkok reported 3,350 infections during the last 24 hours, according to the CCSA. This came as the Southeast Asian country further eased entry rules amid efforts to revive the tourism sector. Starting Friday, international visi

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Matsushita to sell tilted-drum washing machines in China

OSAKA, Japan - Matsushita Electric Industrial Co. said Sept. 15 it will sell its tilted-drum combination washer and dryer machines (in handout photo) in China and other Asian markets later this month. The company, known for its Panasonic brand of consumer electronics, hopes to reinforce its brand image in China by attracting affluent households to the user-friendly model. (Kyodo)