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Posted on July 31, 2020

Second former Unaoil executive jailed over Iraq contract bribe

A second former executive of Monaco-based consultancy Unaoil has been jailed in the UK for his role in a multi-million-dollar bribery plot to secure oil infrastructure contracts in Iraq after the fall …

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Posted on July 31, 2020

Rare Insights On Business In North Korea From Being In The Hermit Country

Anyone thinking of doing business in North Korea would do well to begin by reading a delightful new book by Andray Abrahamian, who’s studied in Britain, the U.S. and South Korea and spent a decade …

( read original story …)



Posted on July 31, 2020

S.Korea stocks drop on U.S. data but post biggest monthly gain in 3 months

South Korean shares snapped four straight sessions of gains on Friday after sluggish U.S. data underscored the COVID-19 pandemic’s deep economic impact, but the benchmark index posted its biggest …

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Posted on July 31, 2020

Nok Air files for business rehabilitation

Thai budget carrier Nok Air has filed for business rehabilitation with a view to restructuring the company, taking a similar path to flag carrier Thai Airways which filed for the same protection in …

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Posted on July 31, 2020

What can we learn from the Thai Airways rescue plan?

Thai Airways has suffered some turbulent times lately, with huge financial losses eventually leading to bankruptcy. The future is beginning to look brighter for Thailand’s national carrier after …

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Posted on July 31, 2020

Iran won’t stop ballistic missile & nuclear programs despite US pressure – Supreme Leader

Iran’s Supreme Leader Ali Khamenei said his country won’t cave in to US demands to stop developing ballistic missiles and a nuclear industry, saying Tehran is capable to stand up to Washington’s …

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Posted on July 31, 2020

Vietnam, Which Avoided Coronavirus for 99 Days, Records First COVID-19 Death

Vietnam had been seen as a global success story in combating the coronavirus with zero deaths and no cases of local transmission for 99 days …

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Posted on July 31, 2020

Philippines Extends Coronavirus Curbs as Infections Hit Record for Second Day

The Philippines reported Southeast Asia’s biggest daily jump in new coronavirus cases for a second straight day on Friday, as its president extended restrictions in the capital to quell the spread, …

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Posted on July 31, 2020

‘Pakistan can meet growth target’

Still, it is possible to achieve the economic growth target of 2.1% in the year, if the government ensures effective utilisation of funds allocated in the budget for the Public Sector Development …

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Posted on July 31, 2020

In Batang, Indonesia takes steps to improve investment

For now, it is a dusty red patch of degraded plantation, a short drive west of Semarang on the north shore of Central Java.. Read more at straitstimes.com.

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