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Posted on January 26, 2021

UAE company to invest 190 mln USD to modernize port in Angola

World, a United Arab Emirates (UAE) company, signed on Monday a contract of 190 million U.S. dollars to modernize the multipurpose terminal of the Port of Luanda. DP World will invest overall 190 ... ( read original story ...)

Posted on January 26, 2021

Azerbaijan to create Karabakh development model – Center for Analysis of Economic Reforms

The Azerbaijani Center for Analysis of Economic Reforms and Communications continues research on the development of the Karabakh region, director of the center Vusal Gasimli told Trend. Gasimli ... ( read original story ...)

Posted on January 26, 2021

Fitch revises 9 Sri Lankan financial institutions’ ratings on recalibration; 2 downgrades

Fitch Ratings has revised the National Long-Term Ratings of Sri Lankan financial institutions following the recalibration of the agency's Sri Lankan national rating scale. The recalibration is to refl ... ( read original story ...)

Posted on January 26, 2021

South Korea Fourth Quarter GDP Beats Expectations, Sets Scene for Strong 2021

SEOUL (Reuters) - South Korea's economy grew at a faster-than-expected pace in the fourth quarter as it ended the coronavirus-stricken year solidly poised for a recovery in 2021 thanks to surging ... ( read original story ...)

Posted on January 26, 2021

Remote working: Yay or nay? 8 leaders tell us when it works best and its pitfalls

In this first part of a special feature, we speak to leaders from Siemens ASEAN, Schneider Electric, Luxasia, and more for their views on what has become a norm since the onset of the pandemic. ( read original story ...)

Posted on January 26, 2021

Kuwait projects $40bn deficit as infighting delays reform

Kuwait forecast its eighth consecutive budget deficit for the year starting April 1, unveiling a fiscal plan that sees a near-7 per cent rise in spending as political bickering delays reforms and ... ( read original story ...)

Posted on January 26, 2021

Kuwait will keep airport at 30% of capacity until further notice

The cabinet also ordered Kuwait's Directorate General of Civil Aviation to reduce the number of flights arriving in the country ... ( read original story ...)

Posted on January 26, 2021

Nearly 7 in 10 Singapore firms confident they can stay in business despite big Covid-19 hit: Survey

On the flip side, 1 in 3 companies are not sure if they can keep operating in the next 6 to 12 months.. Read more at straitstimes.com. ( read original story ...)

Posted on January 26, 2021

Cambodia’s COVID-19 positive cases rise to 460 with migrant cluster increasing to 83 and another imported case

Cambodia’s migrant worker’s COVID-19 cluster has now risen to 83 with  23-year-old woman  from Samaki Meanchey Village, Sangkat Poipet, Poipet City, Banteay Meanchey Province testing positive at the ... ( read original story ...)

Posted on January 26, 2021

IMF expects Turkey’s economy to expand 6% in 2021

The International Monetary Fund (IMF) said Monday that it expects Turkey's economy to expand by around 6% in 2021 with the country’s COVID-19 vaccine rollout and recovery in trading partner growth. ( read original story ...)

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