Filipinos’ remittances to keep positive trend
Remittances from Overseas Filipino Workers (OWF) remained strong during the first quarter of 2013. The Philippines Central Bank forecasts a solid 5 per cent annual increase in remittances volume for...
View ArticleCrowdsourcing firm launches in the UAE
Eureeca, a crowd investing or crowd sourcing platform targeting growth companies and small & medium businesses to source funding from the crowd, announced its official launch on May 14 with funding...
View ArticlePhilippines blacklisted for handling aid
France has put the Philippines on a blacklist of countries that do not help investigate foreign aid fraud, according to a report published by Agence France Press on May 28. The blacklisting means that...
View ArticleHigh hopes for UAE, Qatar market status upgrade
After five years in a row of missed opportunities, the UAE and Qatar are under consideration for a reclassification from their current frontier market status to that of emerging market, a move deemed...
View ArticleUAE firm to build hotels in Myanmar
An United Arab Emirates-based company is among the five businesses that were were granted permission to invest in Myanmar on June 12, according to the Myanmar Investment Commission. Gecko Holdings Ltd,...
View ArticleLost in the dunes of Dubai, I thought of Brunei
As I cross the city streets and desert dunes of Dubai, I cannot help but wonder how this nation could attain such greatness. Having always watched in fascination of Dubai via YouTube, the five days...
View ArticleUAE scopes out Philippine poultry
A UAE mission including halal inspectors recently took a tour of the Philippines to visit poultry plants just weeks after a ban on meats was lifted, a chief at the Philippine Department of Agriculture...
View ArticlePhilippines: Poultry with prospects
An interview with San Miguel Pure Foods' president Rita Palabyab
View ArticleMore Saudi tourists to Thailand – despite travel ban
Despite a travel ban being in place since the 1990s, the number of Saudi tourist to Thailand is growing, Arab media reported on July 24. Although there are no official numbers, it is estimated that...
View ArticleASEAN consumers among world’s most confident
A recent report by consumer research firm Nielsen showed that people in ASEAN countries are among the world’s most confident consumers due to dynamic growth and an expanding middle class in the region....
View ArticleInfographic: A glimpse at Overseas Filipino Workers
The Philippines is increasingly dependent on its workers not only finding employment abroad, but also propping up the domestic economy. Philippines workers abroad – Overseas Filipino Workers, or OFWs –...
View ArticleIndonesia to stop ‘exporting’ maids by 2017
The Indonesian government has said it will stop to allow domestic helpers to work abroad by 2017 under the country’s new Domestic Worker Roadmap, according to a statement by the Manpower and...
View ArticleCebu Pacific plans Qatar route
The Philippines’ low-cost carrier Cebu Pacific Air said it is considering launching direct flights from Manila to the Qatari capital Doha. Officials from the Manila-based airline, the largest in the...
View ArticleSingapore-GCC trade agreement in effect
A new trade pact, the Gulf Cooperation Council-Singapore Free Trade Agreement (GSFTA) came into effect on September 1, 2013. The GSFTA is a comprehensive free trade agreement (FTA) covering trade in...
View ArticleWarning of fake ringgit used by tourists
Fake banknotes, most of all the Malaysian ringgit, are being increasingly used in Thailand’s south, the Thai Association of Foreign Exchange warned on September 6. “Very realistic” counterfeit ringgit...
View Article‘Most handsome’ Arab makes Vietnamese girls sob
Omar Borkan Al Gala, the “most handsome Arab” who came to fame after he was given marching orders from Saudi Arabia in April 2013 over concerns he might bee “too sexy” for female Saudis has made an...
View ArticleMalaysia, UAE boost ties in Islamic finance
The central banks of Malaysia and the United Arab Emirates signed a pact to foster closer economic ties between the two countries, including in the area of Islamic finance. The pact, signed on October...
View ArticleGCC Islamic Banking industry to go global at the 9th WIEF in London
As the United Arab Emirates (UAE) continues to play a leading role in global Islamic finance, senior dignitaries from the World Islamic Economic Forum set the stage for the forthcoming 9th WIEF...
View ArticleMalaysia has to face its challenges
There are some strange things going on in Malaysia these days and one has to wonder what the underlying reasons are. First of all, the government has been busy over the past weeks to brush aside all...
View ArticleBecoming a truly global company
Felda's group CEO Mohd Emir Mavani Abdullah about his strategy
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