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Posted on July 28, 2020

Iraq issues ‘total curfew’ for Eid al-Adha

Iraq is instituting a “ total curfew ” for the upcoming Eid al-Adha holiday. The curfew will be in place from July 30 until Aug. 9, according to a statement today from the Iraqi government. Past total …

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Posted on July 28, 2020

Shares in Philippines’ new telecom firm surge after Duterte threatens rivals

Shares in top Philippine telecom firms PLDT Inc and Globe Telecom Inc fell on Tuesday after a threat by President Rodrigo Duterte to shut them down, while firms run by a telecom newcomer with ties to …

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Posted on July 28, 2020

Indonesia’s 2021 fiscal deficit seen expanding to 5.2% of GDP

Indonesia’s government will propose to parliament expanding its 2021 fiscal deficit assumption in Southeast Asia’s biggest economy to 5.2% of gross domestic product (GDP), Finance Minister Sri Mulyani …

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Posted on July 28, 2020

Qatar set to offer massive tourism infrastructure investments: al-Baker

Qatar will have ‘massive’ tourism infrastructure investments that will be on offer, said HE Akbar al-Baker, Qatar Airways Group chief executive and secretary-general of Qatar National Tourism Council.

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Posted on July 28, 2020

Qatar SportsTech officially launches new pre-accelerator programme EntelaQ

Qatar SportsTech (QST), a leading startup accelerator and hub for innovative sportstech companies in Qatar, has announced the launch of its new pre-accelerator programme, EntelaQ.

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Posted on July 28, 2020

Cost-reflective tariffs force large power customers to cut usage in Oman

A study commissioned by the Authority for Electricity Regulation (AER) Oman has found that the majority of Oman’s large electricity consumers have cut their annual consumption in the wake of the …

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Posted on July 28, 2020

RPT-Tokyo, Sydney aim to lure edgy HK financial firms, but Singapore a top draw

High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions to relocate even …

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Posted on July 28, 2020

Lebanon Is Now Rated as Low as Venezuela After Moody’s Cut

Lebanon had its rating cut to the lowest grade by Moody’s Investors Service, which said that bond investors will likely suffer major losses on their holdings as the government struggles to secure aid …

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Posted on July 28, 2020

UAE remittances business set for rebound

Al Ansari said the relatively less adverse impact on remittance business comes as a result of the UAE government’s balanced approach in managing the pandemic and minimise its effect on the state of …

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Posted on July 28, 2020

Cambodia Angkor Air ready to take-off

Tekreth Samrach said this month the company is observing a remarkable achievement as Cambodia Angkor Air celebrates its 11th anniversary on July 27. He said that in 2009, Cambodia Angkor Air was the …

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