Thai Airways International Airways estimates it will cut another 6,000 to 7,000 jobs this year, reducing the workforce to around 14,000 employees. Thai Airways International Public Company Limited ... ( read original story ...)
Iran plans new manoeuvres in Hormuz Strait in Feb
Iran unveils its willingness to hold new naval exercises in the Strait of Hormuz next month, coinciding with new financial sanctions signed into law by US President Barack Obama on New Year’s eve ... ( read original story ...)
Egypt-Iran rapprochement: Prospects and challenges
The strained Egypt-Iran relationship has long been marked by pragmatism by both sides. But with President Morsi gearing up to visit Tehran, how far will the Brotherhood go to open a new chapter with ... ( read original story ...)
Airbus bullish on space business in Philippines
European aircraft manufacturer Airbus is optimistic about the growth opportunities of its space business in the Philippines. ( read original story ...)
B-52s again fly over Mideast in U.S. military warning to Iran
A pair of B-52 bombers flew over the Mideast on Sunday, the latest such mission in the region aimed at warning Iran amid tensions between Washington and Tehran. ( read original story ...)
Bangladesh Bank orders MFS firms to stop advertisements targeting each other
Bangladesh Bank has ordered the mobile financial service or MFS providers not to conduct advertisement campaigns targeting each other with offensive content. ( read original story ...)
Diokno’s FIST law gives Philippine banks a boost, but do they need it?
The ‘bad bank’ asset management company recently launched in the Philippines has not just been designed to make life easier for the banks, it could boost growth as well. ( read original story ...)
‘Only 20 Indian (tech) firms worth billion dollars… How will they fight evil, big-tech guerrillas?’
Vijay Shekhar Sharma, founder & CEO, Paytm, believes govt’s new digital media laws will help check monopoly of big firms, says the start-up ecosystem in India has come of age with more capital ... ( read original story ...)
Biz confidence at India Inc rises to 10-year high
Ficci’s Business Confidence Index witnessed further improvement at 74.2.Centre’s capex push in the budget is likely to lead to faster revival in growth, said respondents ... ( read original story ...)
Business confidence in India touches decadal high: FICCI
As the demand scenario improves and economic activities gather momentum, a FICCI survey shows that confidence among Indian businesses and entrepreneurs is significantly high and the business ... ( read original story ...)