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Pune mayor to attend 'Global Silk Road' event in Kazakhstan

Monday, July 2nd, 2018

Mayors from various cities across the world will be attending a two-day international mayor's forum in Kazakhstan capital Astana on July 2 and 3.
This global forum will be inaugurated by the President of Kazakhstan, Nursultan Nazarbayev, and is being held to mark the fifth anniversary of the Belt and Road Initiative (BRI) and as part of the 20th anniversary of Astana becoming the capital of Kazakhstan.

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Warming Antarctic risks diet of Emperor Penguins

Wednesday, May 16th, 2018

The most beautiful birds in Antartic, Emperor Penguins eat a variety of fish but diminishing sea ice in the warming Antarctic means less fish to eat.

The tallest and heaviest of all living penguin species, Emperor Penguin, have a varied menu that changes with the season.

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China using back channels to stop North Korea: US envoy

Wednesday, May 31st, 2017

The United States Ambassador to the United Nations Nikki Haley said on Tuesday that Washington believes China is being 'productive' as it is using its channels to stop North Korea from carrying out missile launches.

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India, Germany agree to enhance collaboration in skilled human resource

Wednesday, May 31st, 2017

Berlin [Germany], May 30 (ANI): Recognizing the importance of Vocational Education and Training (VET) towards making a transformational impact in creating sustainable livelihood opportunities for the youth and buildingefficient pool of skilled human resource,India and Germany on Tuesday agreed to further strengthen collaboration in this area.

Chinese president meets Cambodian King

Tuesday, September 1st, 2015

Chinese President Xi Jinping met with Cambodian King Norodom Sihamoni in Beijing on Monday.

King Sihamoni is visiting to attend the country's V-Day celebrations on September 3.

Xi said China cherishes its traditional friendship with Cambodia and is are ready to maintain high-level contacts with that country in various forms.

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Kim Jong-un dismisses top officials after standoff with Seoul

Sunday, August 30th, 2015

 

North Korea's supreme leader Kim Jong-un has dismissed top officials after a standoff with South Korea.

According to the New York Times, the standoff began after land mines were planted by North Korea that injured two South Korean soldiers.

The two countries, earlier in the week, threatened strikes against each other before reaching an agreement on measures to reduce animosity.

South Korea responded by resuming propaganda broadcasts critical of Kim's authoritarian rule for the first time in 11 years.

During a ruling Workers' Party meeting, Kim hailed the agreement, which came after marathon talks, as a "crucial landmark" that put "catastrophic" inter-Korean relations back on track toward reconciliation. (ANI)

Indian diaspora in Dubai 'excited' with PM Modi's address

Tuesday, August 18th, 2015

 The enthusiastic Indian disapora lauded Prime Minister Narendra Modi post his passionate address and said that he is bringing India on a new level.

"We have been looking forward to this event since two months. PM Modi told us that he will provide us with security and stability here, which was very assuring," said an Indian national.

"We are excited with his speech. The fact that there will be a temple here in Dubai is something that is great and our community could not be happier with this news," added a Mangalorean residing in Dubai.

However, there were a few people who felt that the Prime Minister had not said anything concrete in his speech with regard to providing solutions to their problems.

PM Modi accepts Nawaz Sharif's invitation to Pakistan for 2016 SAARC Summit

Friday, July 10th, 2015

 Prime Minister Narendra Modi, who held bilateral talks with his Pakistani counterpart Nawaz Sharif in Ufa, Russia, has accepted the latter's invitation to Pakistan for the SAARC Summit in 2016.

Foreign Secretary S Jaishankar shared the information.

"Prime Minister Nawaz Sharif reiterated his invitation to Prime Minister Modi to visit Pakistan for the SAARC summit in 2016, which Prime Minister Modi accepted," he said, after the Prime Ministers of India and Pakistan finished their bilateral talks.

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Zhang Dejiang pays tributes to Mahatma Gandhi at Rajghat

Monday, June 15th, 2015

China's Chairman of the Standing Committee of the National People's Congress Zhang Dejiang on Monday paid tributes to Mahatma Gandhi at Rajghat.

Zhang, who arrived in New Delhi late on Sunday night, had earlier met Maharashtra Governor C Vidyasagar Rao and stressed upon strengthening cooperation between the Parliaments and provincial legislatures of India and China.

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An Important day for India- Korea Ties

Tuesday, October 9th, 2018

Ambassador Sripriya Ranganathan presented her credentials to H.E. Mr. Moon Jae-in, President of the Republic of Korea earlier today. Noting that his state visit to India in July this year was very successful and productive, President Moon said that both the countries need to work hard to realise the fullest potential of the India- ROK relations.

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Will Another Financial Crisis Come? Dr.Yellen’s Diagnosis

Tuesday, October 9th, 2018

Seoul, Korea, October 12, 2018 –Janet L. Yellen, the Former Chair of the Federal Reserve
System, delivers a keynote speech on October 12, the last day of the 19th World Knowledge
Forum.
Dr. Yellen will discuss the economic situation in Korea, the United States, emerging markets,
and the world as a whole with Jae Yoon Shin, the Former Chairman of the Financial Services

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As Far As the Potentials Go, It Will Be Huge.

Sunday, July 22nd, 2018

Sunjoy Joshi is Chairman of the Observer Foundation (ORF), New Delhi and its Chief Executive. As a former member of the Indian Administrative Service he has had a long experience in development and economic policies of the government of India.
Recently he visited Korea to attend an international conference organised by the National Diplomatic Academy of Korea.
Here are the excerpts of the interview he had with Biz Tech Report while in Seoul.

1. Question: Welcome to Korea. What brings you to Korea this time?
Answer: We came here to attend an international conference hosted by the Korean National Diplomatic Academy on July 3, 2018. Conference was focused on President Moon Jae-in's new southern policy and his new initiatives on ASEAN countries and India.

2. Question: How do you see the international conference hosted by the National Diplomatic Academy on July 3, 2018 regarding the Korean government's new southern policy on ASEAN countries and India?

 

Answer: All participants readily recognized the rise of ASEAN countries and India, and noted that the fluid situation of global politics made it all the more necessary to work together because of the changing security architectures of the world. We are living in the world which is very uncertain today. The North Atlantic Alliance had been the most prominent features of international politics following the end of World War II. Many would admit today that the Atlantic Consensus has broken down. While that does seem to be the case I do not think Trump is the reason for the breaking down of the Atlantic Consensus. Trump may be a symptom but he is far from being the cause. In my opinion the Atlantic Consensus had frayed well before Trump. It was frayed by two seminal events of the 21st century.
The First event was 9/11 and the consequential War on Terror launched by the coalition of the willing without any multilateral sanction. With the War on Terror in the aftermath of 9/11 multilateralism was laid to rest in the debris of the twin towers. The second event was the financial crisis of 2008 following which the Holy Grail of globalization and free trade and globalization began to be questioned in the very Atlantic capitals that had promoted these ideals in the first place.
The breakdown of the Atlantic consensus necessitates that Asian countries be prepared to take their destiny into their own hands and start conversations about their common concerns and goals. The most important factor for emerging countries is going to be to ensure economic development that leads to inclusive growth in the face of disruptive technologies that have accelerated the pace of transformation stupendously.

3. Question: What was your main message in the conference?A

Everyone is talking about Indo-Pacific. However, Indo-Pacific means different things to different countries around the world and must be seen in a context that is larger than the immediate tactical concerns of the main protagonists. The Atlantic perspective always segregated the South Asian and South East Asian parts of the world treating them as if they were two different universes. This, in spite of their centuries old linkages of culture and trade. Following their lead, strategic discourse tended to do the same. Not just governments and strategic commands, but even universities, academics, and think tanks tend to have separate South Asian and South East specialists. 

The Indo-Pacific does not end at the Bay of Bengal. It must be understood first in the context of its heterogeneous diversity and as a much larger construct. It must be seen as the bridge between the Pacific and the Atlantic that serves to integrate the land mass of Afro-Eurasia into one, and not three continents.
A rising Asia is correcting that anomaly in strategic thinking. Countries within the region and without have moved to this wider notion of the Indo-Pacific. Countries like Japan and Korea also are now thinking in terms of strategic role with like-minded nations in a much wider arena so as to enforce a rules based multi-lateral order.

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“Korenter” is the Way Forward

Monday, July 2nd, 2018

 

As Korea is trying to adjust to the emerging economic situation in the world, many new innovative ideas are being suggested by Korean intellectuals and leaders. One such idea is “korenter”, emphasizing complete Korean economic integration with regional and world economies, which is propagated by Dr. Yoo Jang-Hee, Korea’s top most leading strategic economic thinker. Quite opposite to what is currently happening in Europe where more countries are opting out of the European Union, Dr. Yoo Jang-Hee is advocating rather Korea should enter the world economy more strongly.

 Currently Dr. Yoo Jang-Hee is an emeritus professor at Ewha Womans University in Seoul, South Korea. Following his undergraduate work in economics at Seoul National University, he earned his M.A in economics at UCLA, and received his Ph.D. from the Department of Economics at Texas A&M University., He also served the Korean government in various positions, including President of Korea Institute for International Economic Policy (KIEP), Vice Chairman of Presidential Council of Economic Advisors, Chairman of the National Commission for Corporate Partnership to name only a few.

 Recently Biz Tech Report had the chance to sit with Dr. Yoo Jang-Hee in his office in downtown Seoul and explore his views on the current global economic situation and options left for Korea to cope with the fast-changing regional and international economic environment.

  Here are the excerpts of the interview. 


Q1: How do you see the prevailing current economic situation in the world?

Prof. Yoo: The current economic situation in the world is very capricious.  A lot is happening within a short period of time. In this fluid situation countries are trying to protect their economic interests by imposing safeguards and increasing trade tariffs. But this is wrong. All trade disputes must go through the WTO even though it takes a longer time. It is a mechanism that the whole world created to avoid any unfair situations and to restrict the powerful counties from dominating the whole world trading system in a wrong way.

 Q2: Is multilateralism dead? Or is there still some hope left?

Prof. Yoo: In the short run, the multilateralism is going to be on the verge of facing strong attack from the big powers. In the long run however, the whole world is not that patient to live with this anti-multilateralism or power-oriented order of the world trading system, because the whole world has already experienced a better way through which it was able to grow faster. Before WWII, protectionism and nationalism were on top; but because of recognition of the disorder of international trade, 23 major trading countries came together to establish the order of world trade and adopt the GATT in 1947. Since then in 70 years, in a long-term trend, the whole world has been moving toward free trade and multilateralism. So there is still hope left. In the short run, the multilateralism is under attack and may be at a crisis. But in the near future, the whole world is wise enough to come back to the free trade and multilateralism.

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Seeing a much bigger role for India in Korea and the Region- Dr. Lakhvinder Singh

Friday, June 15th, 2018

Dr. Lakhvinder Singh, founder and director of the India-Korea Business and Policy Forum, has spent many years in Korea as professor, lecturer, commentator and writer. Here he talks to Donald Kirk on the critical but often neglected topic of India’s role in the region, notably Korea:
 
Question: Should India be playing a bigger strategic role in the region in terms of defense, including sending troops to east Asia, or would that be too upsetting in terms of China's response?
Answer: Today there exist very strong strategic imperative for deeper defense cooperation between two countries. With the rapid increase of Chinese military might in the region, the balance of power is shifting very fast. The USA-led security structure is in great stress. No country in Asia can face the changing “balance of forces” in the region alone. To keep some degree of stability in this fast-changing region we must work closely with each other. Stronger India-Korea defense ties is the answer and way forward. Let us work together in that direction.

Q: We often hear about 6-party talks on N. Korea. How about making it 7-party talks and including India as a major player with diplomatic ties with both N. and S. Korea?

A: India has very serious stakes in maintaining peace in this part of the world. After the end of the Korean War in 1953, India played very important role in peace-building on the Korean peninsula. It is time India becomes active again in playing a role in building peace in Korea. Indian engagement as a facilitator of the peace process could be very beneficial for the region as India has very good diplomatic ties with all parties involved including North Korea. India is one country that everyone can trust.

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India Gains Access to Sabang - A Road Map for Economic and Sustainable Development

Thursday, June 14th, 2018

While that may be quite plausible, it is useful to keep in mind that sea ports and the associated infrastructure serve many purposes besides commercial and strategic. In fact, maritime infrastructure is inherently flexible in nature, and offers a wide spectrum of opportunities for policy makers to pursue political, diplomatic, strategic, economic, technological, cultural, environmental, ecological and developmental engagements.

Last month, during Prime Minister Modi’s visit to Jakarta, India and Indonesia issued a joint statement which ‘underlined the importance of stronger connectivity, particularly on sea links, in order to facilitate economic cooperation and people-to-people contact’, and “welcomed the plan to build connectivity between Andaman Nicobar-Aceh to unleash the economic potentials of both areas.” Further, they appreciated the “decision to set up a Joint Task Force to undertake projects for port related infrastructure in and around Sabang.” The joint statement also made reference to adoption of the “Shared Vision on Maritime Cooperation in the Indo-Pacific between India and Indonesia” which would act as a catalyst to develop “further cooperation in maritime sector which can be a force of immense stability in the region.”

The above documents and declarations are significant and substantive to develop Sabang into a maritime hub that can contribute to the Blue Economy and development of the Aceh region and the Andaman & Nicobar Islands. This can be achieved in at least six thematic areas that are closely connected with each other and are embedded in India’s Act East Policy and Indonesia’s Global Maritime Fulcrum.

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Busan Metropolitan City Mayoral Candidate Mr. Oh Geo-don

Thursday, June 7th, 2018


It is election time in Korea. The campaigns for gubernatorial, mayoral and local council elections, as well as by-elections for 12 parliamentary seats to be held on June 13, are set to start on Thursday, June 7, 2018.

The ruling Democratic Party of Korea (DPK) party is expected to sweep the elections. Its candidates for 2,280 public servant posts, including 17 mayors and governors, and 17 education superintendents will be campaigning tirelessly in the next few days.

All parties are wooing voters with pledges and slogans. The ruling DPKis expecting to reap the fruits of recent North Korea peace overtures with its slogan, "Peace and the Economy." DPK expects big win over its main opposition, Liberty Korea Party (LKP) nation-wide.

According to recent reports, the Democratic mayoral candidate in Busan, Mr. Oh Geo-don, is leading in approval ratings against the conservative main opposition, LKP.

The pre-election polls show Oh Geo-don with a 50.5% approval rating against 20.4% LKP’s Such Byung-soo, the current mayor of Busan.

Recently the Asia Pacific Business and Technology Report attended events organized by Oh Geo-don’s campaign. Below are excerpts of the conversations.

 

Q1. What was the main purpose of yesterday's event held by the Real Estate Policy Committee?
- On June 4, around 300 people gathered in down town Busan to pledge support for our election campaign. The Real Estate Policy Committee has been serving in various parts of Busan for quite some time. Recently it acquired nationally recognized certification as a certified real estate agency. Although there are 7,750 real estate brokerage offices operating in Busan, the market has been getting sluggish and the new opportunities are closing. Of the 10,000 members in the Busan area, the 300 vice chairmen of the 23 committees under the Real Estate Policy Committee gathered and declared their support our polices and agenda.

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Emerging Trends of Tomorrow’s Communications

Wednesday, May 16th, 2018

Since its inception in last century, mobile wireless communications have gone through a gradual, steady evolution from its early days to broadband 4th Generation (4G) wireless systems. Dr. Abhishek Roy, a Principal Engineer and leading wireless professional from Samsung Electronics ㅑ is of the view that 4G has truly “brought a new wireless revolution” – online services, which were un-thinkable a few years back, are now a reality. Railway reservations, ordering food in restaurants and even calling cabs are now only a matter of few clicks using our mobile phones.

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Can USA Stop China Through War? Trade or Hot War.

Monday, May 7th, 2018

Can USA Stop China through War?  Answer is  big "NO". War with China at this stage of human history can hurt free world more than China and thus must be avoided at any cost. It is simply too late to stop China through war. Genie is already out of the bottle.The best and only peaceful way to stop China is to fix the internal problems of liberal order and outgrow China.

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Holi “Festival of Colors” in Korea

Tuesday, March 6th, 2018

Starting from scratch in 2011 today Holi ‘festival of colors’ has become one of most important event for the cultural party goers in Korea. Every year in month of March thousands of foreigners and Koreans throng to the beach to enjoy this festival of colors with their friends and dear ones. We had the chance to sit with main organizers of the festival to get a preview what we can expect in this year’s festival

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China’s Growing Profile in Asia and India

Monday, January 8th, 2018

Recently during the 19th National Congress of the Communist Party of China, political leadership vowed to build the world’s best armed forces, matching its newly acquired economic status. Given the recent pace of Chinese military modernization, it is becoming increasingly difficult for Indian armed forces to catch up.

Upending Maritime and Military Operations Through Blockchain

Tuesday, December 5th, 2017

Cryptocurrencies such as the Bitcoin’s gold, Ethereum, Zcash, Litecoin, Dash, Ripple, Monero etc. have created enormous excitement among the global financial community. Some states have adopted cryptocurrency as a legal form of payments and tool of exchange, and others have set timelines for its implementation. Interestingly, a few have chosen to annul its usage and announced their own version of cryptocurrency.

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International Exhibition on Smart Technology for Sustainable Development & Procurement (STS&P 2017) to focuses on implementing the UN 2030 Agenda in South Korea

Saturday, November 18th, 2017

In order to overcome the worldwide serious Poverty, Hunger, Disease and Environmental Pollution, a new type of industrial exhibition ‘International Exhibition on Smart Technology for Sustainable Development & Procurement(STS&P 2017)’ focusing on Sustainability Development Goals(SDGs), will be held in Songdo ConvensiA, Incheon, South Korea. It is to be for three days from November 30(Thu), 2017 to December 2(Sat), 2017.

‘STS&P 2017’ will exhibit all kinds of technologies and smart technologies necessary for implementing Sustainable Development and United Nations Framework Convention on Climate Change(UNFCCC). It will be also the place to share the information for implementing SDGs and UNFCCC, and to discuss how these international trends will affect mid-to long-term management strategies of various companies in the world.

South Korea is the only country in the world that has grown from an OECD beneficiary to a donor. It has significance that an international exhibition for sharing and developing international procurement resources is held in the country used to be the aid beneficiary of the UN and international organizations. It could be a precedent of international cooperation and an example of a virtuous cycle. In this context, the international attention is also expected.

STS&P 2017, which will be held for the first time this year, places priority on Asia and Africa as a major strategic region. Its goal is to become a brand exhibition for expansion of technology and procurement enterprises for sustainable development. Annually expanding its scope and scale, STS&P has a challenge to reach Latin America in 2018, and grow into the worldwide influential exhibition for sustainable development in 2019.

In addition, there will be a platform for SMEs, start-up companies and technology developers from a variety of countries to meet potential buyers-aid agencies, procurement officers and distributors in each country, development aid NPOs- and investors such as global financial institutions.
Until now, confirmed buyers are United Nations Procurement Division(UNPD), United Nations Development Programme(UNDP), United Nations Office for Project Services(UNOPS), The International Bank for Reconstruction and Development(IBRD), and SM Cares from Philippines. Inviting international development associations, non-profit organizations, and multinational corporations in and out of South Korea is actively going on.

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India and Peace Building on Korean Peninsula

Thursday, August 10th, 2017

The election of President Moon Jae-In offers a tremendous opportunity for renewing peace talks for the Korean Peninsula and pursuing a comprehensive vision for security in East Asia that will inspire a generation. However, we can already detect the misunderstandings and miscommunications that fueled grave doubts and conflicts during the previous six party talksduring the administration of President Moon’s previous boss, President Roh Moon-hyun.

Unless President Moon embraces a truly original approach, one that moves beyond the negative impressions surrounding the “Sunshine policy,” he risks spending his entire administration defending himself against attacks from skeptics in Washington, Tokyo and at home in Seoul that will keep him from realizing the grand plans that so many aspire for..

Bringing together the members of the six party talks (South Korea, North Korea, China, Japan Russia and the United States) will not be easy, and if they feel that this is just a repeat of what was tried ten years ago, the difficult negotiations may generate more darkness than light

But what if another party entered the process that could serve as the host for the Six Party Talks, a country that that has good relations with all the nations concerned, but which is not a direct party to the disagreement, a nation that has extensive experience in addressing the sticky issues regarding nonproliferation?

You might ask whether such a nation exists because it sounds too good to be true. But India is exactly that country.
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India maintains good relations with North Korea where it has an embassy and it has become an important trade partner as well. At the same time, India has been openly critical of North Korea’s nuclear program and has encouraged real reform on the part of Pyongyang.

India also has long-term ties with China at multiple levels and, although there have been disputes, there has also been immense bilateral cooperation as part of the economic integration known as “Chindia.”The two countries have deep military and diplomatic relations as the two leaders of the developing world.

And Indian engagement with Russia is also broad and deep, offering new potential approaches for expanding the six party talks to deal embrace security concerns in Asia as a whole.

But that is not all. India has not only maintained strong ties with the developing world, but it also shown remarkable innovation and flexibility in forging closer relations with the two players who are most likely to be skeptical of any effort to restart the Six Party Talks: Japan and the United States.

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Augmented Reality: Opportunities for Naval Forces

Tuesday, August 8th, 2017

The previous year, 2016 had been a seminal year for Augmented Reality (AR). It witnessed the launch of Pokemon Go, a free-to-play, location-based AR game developed by Niantic for iOS and Android devices. The activity involved a Pokémon appearing on Google Maps and then allowing the gamers to use their browsers to search for the exotic monsters located at real-world positions and physically reaching up to them and then hit an icon on screen, and be rewarded with items and experience points.

What began as an ‘April Fools’ joke, the app-based game caught the attention of millions of young and old gaming enthusiasts across the globe who competed with each other in the streets and public places such as parks, zoos, monuments, clock towers, etc. to ‘capture, train and battle’ titular creatures (pocket monsters) or Pokémon characters’ through their mobile phones and devices to fight other creatures within the game. For instance, ghost-type Pokémon appeared in graveyards and water-type creatures near lakes and rivers, and even in military establishments forcing the US military’s Joint Base Lewis-McChord near Tacoma, Washington, issuing a warning not to ‘chase Pokémon into controlled or restricted areas, office buildings, or homes on base’ and the Pentagon even promulgated rules for playing Pokemon Go in and around its premises.

The above may sound like an innocuous entertainment, but it showcased that it is possible to overlay virtual objects on the real-world places thus augmenting it into a new reality. However, it is useful to mention that AR systems are not new, have seen many applications for specific systems and were naturally exclusive and therefore very expensive. What is perhaps significant about the recent applications of AR is its ready availability and low-costs which encouraged it to attract general public and enter the consumer market place with a bang.

Three Realities

Before attempting to understand the role of AR for military purposes, it is useful to define a few concepts relating to Reality. Virtual Reality (VR) “is an artificial, computer-generated simulation or recreation of a real-life environment or situation. It immerses the user by making them feel like they are experiencing the simulated reality firsthand, primarily by stimulating their vision and hearing” and produces environment in which the users interact with virtual content. The digital content merges with the user’s perceptual experience by creating 2D and 3D images in the field of view. In essence, the participant-observer is totally immersed in, and able to interact with, a completely synthetic world.

Unlike VR, AR “layers computer-generated enhancements atop an existing reality in order to make it more meaningful through the ability to interact with it. AR is developed into apps and used on mobile devices to blend digital components into the real world in such a way that they enhance one another”. It achieves this by combining the virtual with the real and is used on small hand held devices with cameras.

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