Malaysia

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Relatives of Malaysia Airlines Passengers Receive Compensation

Relatives of passengers from the missing Malaysia Airlines flight 370 have begun receiving compensation payments of USD 50,000.

Six Malaysian families and one Chinese family have so far received compensation from the airline's insurance company, while 40 more expect to receive such in the coming days, BBC reported.

Bulgaria to Open Trade Missions in 20 Countries by end-2014

Bulgaria will open trade missions in 20 countries by end-2014, according to a media statement of the government.

The new trade representations are to be opened in the United Arab Emirates, Oman, Saudi Arabia, Qatar, Iran, northern Iraq (Erbil), Algiers, Tunisia, Ghana, Indonesia, Thailand, Malaysia, Pakistan, Armenia, Turkmenistan, Mongolia, US (Chicago), Hungary and Cyprus.

Turkey, South Korea sign major trade deal

Turkish Minister Yazıcı (C), Undersecretary of South Korean Customs Administration Baek Un-chan (L) and his Turkish counterpart pose at the ceremony. Turkey moved to develop its multi-billion dollar bilateral trade with South Korea yesterday by signing a deal to harmonize their customs systems – the first such deal between the Asian nation and a European country.

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