8:01 pm June 29, 2015 | No Comment
London. Rapid growth in the multi-billion dollar volunteer tourism industry has prompted calls for tighter controls with concerns over exposing vulnerable communities to unskilled foreign labour and dodgy operators exploiting foreigners for profit.
6:20 pm June 29, 2015 | No Comment
Bangkok. Thailand on Monday launched a smartphone app to attract Muslim visitors, something that could help further boost an industry which has been steadily recovering since a 2014 coup.
5:33 pm June 29, 2015 | No Comment
Hanoi. State oil and gas PetroVietnam group said it has begun construction of an oil and gas terminal on Phu Quoc island off the country's southern coast at a combined investment of 5.6 trillion dong ($260 million).
5:11 pm June 29, 2015 | No Comment
Chicago. Amazon.com will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share.
5:01 pm June 29, 2015 | No Comment
Bangkok. Thailand's Superblock PCL said on Monday that it had signed a memorandum of understanding with Japan's Energy Complex to develop a 300-megawatt (MW) solar farm in Japan at an estimated cost of 27 billion baht ($798.11 million).
4:51 pm June 29, 2015 | No Comment
Singapore. Short-sellers are targetting AirAsia amid accounting worries at Asia's biggest budget carrier, with its shares among the most borrowed securities in Southeast Asia in recent weeks, data shows.
4:33 pm June 29, 2015 | No Comment
London. European bank shares stumbled towards their biggest daily fall for four years on Monday, led by big lenders in Italy, Spain and France, after Greece closed its banks and imposed capital controls as it faced the prospect of leaving the eurozone.
4:14 pm June 29, 2015 | No Comment
Rafa Nadal and David Ferrer along with other high-profile figures in Spanish tennis have signed an open letter criticizing their federation over the poor running of the sport in the latest development of an ongoing feud.
4:04 pm June 29, 2015 | No Comment
Seoul. South Korea's Samsung Bioepis, a developer of generic versions of biotech drugs, said it was considering a Nasdaq IPO — a move that comes as it seeks about $1.3 billion for product development and as the Samsung Group makes a bigger push into biopharmaceuticals.
4:00 pm June 29, 2015 | No Comment
Greeks woke up to shuttered banks, closed cash machines and a climate of rumours and conspiracy theories on Monday as a breakdown in talks between Athens and its creditors plunged the country deep into crisis.
3:56 pm June 29, 2015 | No Comment
Burundians voted for a new parliament on Monday after a night of sporadic blasts and gunshots, and weeks of violent protests against President Pierre Nkurunziza's decision to seek a third term in office.
3:48 pm June 29, 2015 | No Comment
Japanese Finance Minister Taro Aso said on Monday he did not think declines in Japanese stocks would spread or that the yen would suddenly spike due to turmoil triggered by a deepening crisis in cash-strapped Greece.
3:47 pm June 29, 2015 | No Comment
Basel, Switzerland. Swiss drugmaker Novartis AG boosted its presence in pain management on Monday by agreeing to buy US-Australian biotech firm Spinifex Pharmaceuticals, the companies said in separate statements on Monday.
2:39 pm June 29, 2015 | No Comment
Japan's trouble-plagued new National Stadium, the centerpiece of the 2020 Summer Olympics, will cost more than $2 billion to build, nearly twice the original estimate, and be completed two months later than first thought, officials said on Monday.
2:34 pm June 29, 2015 | No Comment
China on Monday accused the Philippines of spreading misinformation and "creating the illusion of the victim" in their dispute over the South China Sea after Manila aired a three-part documentary defending its position.
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