Rough times for Saudi retail as government cuts bite
RIYADH: Diamonds glitter in the display cases of Saddam al-Yafae’s shop, but the business has lost its sparkle. He and…
Browsing: Business
Controversial Indonesian tax amnesty proves divisive
JAKARTA: Indonesia has hailed a tax amnesty as a major success after it raised more than US$7 billion in its…
Turkey sees lower growth for troubled 2016
ISTANBUL: Turkey cut its growth forecast for 2016 to just above three per cent, as the global economic environment and…
World Bank raises 2016 East Asia growth view, sees limited Brexit impact
SINGAPORE: The World Bank slightly raised its 2016 economic growth forecast for developing East Asia and the Pacific yesterday, saying…
Malaysia, Brunei to enhance economic relations
PUTRAJAYA: Malaysia and Brunei have reiterated their commitment to enhance economic cooperation especially in Sabah and Sarawak. In a joint…
Signs of improvement from SapuraKencana
KUCHING: Analysts are generally positive on SapuraKencana Petroleum Bhd’s (SapuraKencana) latest round of awards representing the group’s second largest batch…
Government will not cut public sector emoluments — Johari
KUALA LUMPUR: The government will not cut operating expenditure in terms of government emoluments following declining revenue, but will instead…
Firms can explore opportunities in Jharkhand
NEW YORK: At a recent roadshow event in New York, the mineral-rich state of Jharkhand in Eastern India made a…