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☆ Asia’s year in review: Who had it good — and who had it bad — in 2023
▼ + stars: | 2023-12-22 | by ( Curtis Chin | Jose B. Collazo | ) www.cnbc.com time to read: +7 min

As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region. But who had it good and who had it bad in 2023? Bad year: China's property marketWith millions of Chinese citizens still waiting for homes they put down payments on — but might never be built — 2023 was a particularly bad year for China's property market. A newly built property is seen from the air in Hangzhou city, Zhejiang province, China, Dec 15, 2023. Chinese families and individuals who once saw homes as more than somewhere to live but also as investments have reason to fear 2023 won't be the last bad year they face.

Persons: Curtis, Chin, Jose B, —, Vikram, Amit Dave, Narendra Modi, Taylor Swift, Kim Ji, Jennie, Kim Jennie, Roseanne Chae, Lisa, Lalisa, King Charles, Rose, Roseanne Park, Jisoo Kim, Jennie Kim, King Charles III, Yoon Suk Yeol, Kim Keon Hee, Victoria Jones, Blackpink, Michelle Yeoh, Joe Biden, Xi Jinping, San Francisco —, China Evergrande, Moody's, Asia's Organizations: Asian Development Bank, RiverPeak Group, ISRO —, Indian Space Research, Orbiter, ISRO, Buckingham, Sustainable, COP26, Getty, YG Entertainment, APEC, U.S, International Monetary Fund Locations: U.S, Asia, Turkey, Syria, Maui, Hawaii, Lahaina, Pacific, India, Gujarat Science City, Ahmedabad, Korea, British, LONDON, ENGLAND, Glasgow, London, England, South Korea, Malaysian, New Zealand, Thailand, China, San Francisco, United States, Taiwan, South China, Country, Hangzhou city, Zhejiang province

☆ India aims to send astronaut to the moon by 2040
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +1 min

People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNEW DELHI, Oct 17 (Reuters) - India aims to send an astronaut to the moon by 2040, the government said on Tuesday, as Prime Minister Narendra Modi issued instructions to the space department that include plans for a space station by 2035. After that success, India launched a rocket to study the sun and is scheduled conduct a test later this week as part of its crewed space mission. "Prime minister directed that India should now aim for new and ambitious goals, including setting up 'Bharatiya Antariksha Station' (Indian Space Station) by 2035 and sending first Indian to the moon by 2040," the government said in a statement. "To realize this vision, the Department of Space will develop a roadmap for moon exploration," it added.

Persons: Amit Dave, Narendra Modi, Modi, Shivam Patel, Robert Birsel Organizations: REUTERS, Bharatiya, Department of Space, Thomson Locations: Gujarat Science City, Ahmedabad, India, DELHI

☆ Explainer: What is India's next space mission after moon landing?
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave Acquire Licensing RightsBENGALURU, Aug 25 (Reuters) - On the heels of the success of the Chandrayaan-3 moon landing, India's space agency has set a date for its next mission - this time to study the sun. It aims to study solar winds, which can cause disturbance on earth and are commonly seen as "auroras". In 2019, the government sanctioned the equivalent of about $46 million for the Aditya-L1 mission. The Indian space agency has earned a reputation for world-beating cost competitiveness in space engineering that executives and planners expect will boost its now-privatised space industry. The Chandrayaan-3 mission, which landed a spacecraft on the lunar south pole, had a budget of about $75 million.

Persons: Amit Dave, Joseph, Louis Lagrange, Nivedita, Giles Elgood Organizations: REUTERS, Rights, Indian Space Research Organisation, European Space Agency, NASA, Orbiter, ISRO, Thomson Locations: Gujarat Science City, Ahmedabad, India, Sriharikota, French, Bengaluru

☆ Moon rover exits India's Chandrayaan-3 spacecraft to explore lunar surface
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. REUTERS/Amit Dave Acquire Licensing RightsNEW DELHI, Aug 24 (Reuters) - The moon rover of India's Chandrayaan-3 exited the spacecraft on Thursday morning to begin its exploration of the lunar surface, the country's space agency said on messaging platform X, formerly known as Twitter. the Indian Space Research Organisation (ISRO) said in its message. People across the country tuned in to watch the landing on Wednesday, with nearly 7 million people viewing the YouTube live stream alone. Chandrayaan-3 is expected to remain functional for two weeks, running a experiments including, a spectrometer analysis of the lunar surface's mineral composition.

Persons: Amit Dave, Russia's Luna, Sakshi Dayal, Tom Hogue, Christopher Cushing, Gerry Doyle Organizations: REUTERS, DELHI, Twitter, Rover, Indian Space Research Organisation, Thomson Locations: Gujarat Science City, Ahmedabad, India, Lander, Chandrayaan

☆ India’s space startups are ready to blast off too
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Amit Dave Acquire Licensing RightsBENGALURU, Aug 24 (Reuters Breakingviews) - Nearly seven million people watched India’s space program make history on Wednesday. The Indian Space Research Organisation (ISRO) became the first to land near the moon’s unexplored south pole. Peak XV Partners, formerly Sequoia India and Southeast Asia, in June led a $10 million investment in Digantara, which maps space debris. At $74 million, the bill for India’s moon mission was less than the cost of producing 2013 Hollywood space thriller "Gravity". New Delhi is finalising new foreign direct investment rules, and that will likely turbocharge India’s space startups.

Persons: Amit Dave, Elon Musk, Singapore’s GIC, Pranav Kiran, Coinbase’s, Una Galani, Streisand Neto Organizations: REUTERS, Rights, Reuters, Indian Space Research Organisation, ISRO, SpaceX, XV Partners, Sequoia, Skyroot Aerospace, Hollywood, Twitter, Thomson Locations: Gujarat Science City, Ahmedabad, India, Sequoia India, Southeast Asia, Digantara, New Delhi

☆ Chandrayaan-3 punches home India's lead in budget space flights
▼ + stars: | 2023-08-24 | by ( Nivedita Bhattacharjee | ) www.reuters.com time to read: +4 min

[1/2] People watch a live stream of Chandrayaan-3 spacecraft's landing on the moon, inside an auditorium of Gujarat Science City in Ahmedabad, India, August 23, 2023. Although India's government allocated the equivalent of $1.66 billion for the department of space for the fiscal year ending in March, it spent around 25% less. By contrast, NASA has a $25 billion budget for the current year. Put another way, the annual increase in NASA's budget - $1.3 billion - was more than what ISRO spent in total. It used Indian suppliers for vehicle assembly, transportation and electronics to keep costs low.

Persons: Amit Dave, Chandrayaan's, Russia's Luna, Somak Raychaudhury, Amit Sharma, Somanath, Narendra Modi's, Ankit Patel, Patel, Nivedita, Aditi Shah, Aftab Ahmed, Kevin Krolicki, Raju Gopalakrishnan Organizations: REUTERS, Rights, Indian Space Research, NASA, ISRO, Somanath, Ashoka University, Tata Consulting Engineers, Reuters, Thomson Locations: Gujarat Science City, Ahmedabad, India, Chandrayaan, Russia, Bengaluru, New

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