Siam News Network

By almost any measure – GDP, life expectancy, literacy, exports and more – India has fallen far behind China since 1978 T.N. Ninan The debate in a small group earlier this week was about how far India is behind China.The quick numbers tossed out varied all the way from ...

Throughout history, science and innovation have been robust job creators – and as multinational firms shift research and development operations from the US to Asia, the manufacturing jobs have followed. Read more

With implications both local and global, minimum wages and prices are on the rise in Guandong province, a region that’s been at the center of China’s manufacturing and economic rise. Government goals include moving beyond the low-end manufacturing that has long characterized Chinese industry and dealing with mounting inflation ...

Inflation in China is slowing down, according to government statistics released last week.  But while economists have greeted the news as a sign of easier times ahead, many in China remain wary. The National Bureau of Statistics reported last Thursday that the December consumer price index (CPI) had increased 4.1 percent ...

The Philippine energy and natural resources department last week gave the thumbs down to the application of Sagittarius Mines Incorporated (SMI) for environmental clearance for its planned commercial production of copper and gold in the Tampakan, South Cotabato. The department of energy and natural resources (Denr) cited the ordinance ...

HONG KONG (AP) — Several hundred Hong Kong stockbrokers have marched to the city’s stock exchange to protest plans to trim their lunch break between morning and afternoon trading sessions to an hour. The stockbrokers carried placards Thursday denouncing the plan to shorten the break by 30 minutes. Rally ...

With the death of North Korea’s dictator, speculation focuses on transfer of power and the fate of the nation’s nuclear weapons program. Much depends on whether successor Kim Jong-un can earn respect from North Korea’s military leaders. Military expenditures are estimated to represent about 25 percent of the nation’s ...

Korea’s government supports the growth of national small businesses through a new policy of ‘ecosystemic development.’ Small businesses account for 99 percent of total businesses in Korea, but their exports only amount to around 35 percent of total value. This policy encourages large businesses to share their growth with ...