Uzbekistan, Pakistan Set $2 Billion Trade Target Following High-Level Talks in Islamabad

By Sadokat Jalolova Uzbek President Shavkat Mirziyoyev arrived in Islamabad on a state visit on February 5, marking a new chapter in Uzbekistan-Pakistan relations. According to official sources, the Uzbek leader’s aircraft was escorted by Pakistan Air Force fighter jets upon entering the country’s airspace. At Nur Khan Airbase, Mirziyoyev was received by President Asif […]

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Hong Kong summons Panama envoy over CK Hutchison ports ruling

BEIJING: Hong Kong’s commerce chief on Friday summoned the Panamanian Consul General in the city to condemn a court ruling that annulled Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal. The move came after China’s Hong Kong and Macau Affairs Office warned Panama of “heavy prices” to pay over the […]

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India’s trade blitz seeks to keep a sinking global order afloat

By Biman Mukherji When India sealed a landmark free-trade pact with the European Union last month, Brussels’ top bureaucrat saw more than an economic deal taking shape. “India has risen and Europe is truly glad about it,” European Commission President Ursula von der Leyen declared. “Because when India succeeds, the world is more stable, more […]

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Hong Kong firm begins arbitration proceedings over ruling against its Panama Canal port contract

HONG KONG: Hong Kong’s CK Hutchison Holdings said Wednesday its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional. Hutchison said it strongly disagreed with last week’s ruling, and China warned Panama would pay “a heavy price” if it persisted. […]

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How China’s Comac plans to take on Boeing and Airbus

At the Singapore Airshow, exhibition halls are filled with aircraft models, simulated cockpits and interactive displays showcasing the latest advances in commercial aviation. Among them, one stand has drawn particular interest: Comac, China’s state-owned aircraft manufacturer. Comac has made notable progress since its C919 passenger jet flew to Singapore two years ago, marking its first […]

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China ties make Darwin Port a bigger test for Australia than Panama port dispute: analysts

By Kandy Wong Any decision by Australia to regain control of Darwin Port is likely to differ from Panama’s move to nullify a contract on its geostrategically vital canal, as fears of Chinese retaliation and a limited security consensus limit Canberra’s options, analysts said – though they warned the issue could still reopen strains in […]

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Why India may ‘gravitate back’ to US bloc after tariff deal with two-way trade set to rise

By Biman Mukherji A trade deal reached between India and the United States could lead to closer geopolitical alignment between the two countries and bring New Delhi a step closer to becoming a leading manufacturing hub. But observers are sceptical that New Delhi may stop buying Russian crude oil, and whether the volume of American […]

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Kyrgyzstan and China to Launch Direct Flight Between Osh and Kashgar

A new air route connecting Osh, Kyrgyzstan’s second-largest city, with Kashgar in China’s Xinjiang Uyghur Autonomous Region is expected to launch in April, according to a statement from Airports of Kyrgyzstan JSC. The announcement follows a meeting held on January 30 with the Commercial Aircraft Corporation of China (COMAC). The new flight is intended to […]

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Singapore to launch national space agency to capture piece of US$1.8 trillion global market

By Jean Iau Singapore is set to establish a national space agency in April, a move that industry insiders believe will cement the city state’s role as a pre-eminent regional hub for extraterrestrial innovation. The launch of the National Space Agency of Singapore (NSAS) aims to capture a slice of a global space economy projected […]

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China launches free-trade experiment at port Hainan

Chinese officials are promoting the launch of a free-trade port on the tropical island of Hainan as a major step in opening the economy to foreign investors, even as global trade tensions rise and protectionism increases elsewhere. Officials describe the transition to what they call the world’s largest free-trade port as a “substantial leap” in […]

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