Business News

Business News

News about trade, finance, investment trends and issues.

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IPIC (The International Petroleum Investment Company) revealed in recently disclosed financial statements that the Abu Dhabi government-backed corporation posted a 65% decrease in profits...

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Malaysian Prime Minister Datuk Seri Nijab Razak has been summoned to Saudi Arabia for a special private luncheon.  The invitation was extended by the...

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Singapore is looking to overtake Hong Kong as the capital of international fund management.  With $1.1 trillion in assets, up 13% from last year,...

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Qatar is set to proudly premiere the first large-scale movie produced by the Doha Film Festival.  Black Gold, starring Freida Pinto of Slumdog Millionaire...

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Brazilian exports to Arab countries are at an all-time high, due mainly to food exports.  Middle Eastern countries bought $4.1 billion worth of goods...

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Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a...

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Despite a 31.5% decrease in earnings over the first quarter of 2011, SingTel remains confident about its long-term investment in Indian telecom Bharti.  The...

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As Malaysia strives to meet its Economic Transformation Program (ETP) goals of economic development, namely increasing job creating and gross national income, it has...

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If Malaysia wishes to attain developed nation status by 2020, as is the government’s goal, its productive growth must grow by at least 5%...

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A new survey just released by Saudi Arabia’s National Commercial Bank (NCB) and international business information agency Dun and Bradstreet, shows that the business...

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For the 161st month in a row, Malaysia’s exports and trade surplus has continued to grow in March.  Exports hit a record high of...

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In a controversial move, Myanmar has applied yet again to hold the chairmanship of ASEAN, the Association of Southeast Asian Nations, this time in...

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For a real estate developer such as Mohammad Alabbar, chairmain of Emaar, the Emirati company, there is no time to waste on such trivialities...

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Glencore, the world’s largest commodities trader, recently announced a flotation valued at $11 billion.  Now, Aabar (owned by Abu Dhabi’s International Petroleum Investment Company)...

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If Malaysia’s ambitious Economic Transformation Programme is successful, the country might see an increase in its middle class of up to 3.3 million people...

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Last year’s visit by Malaysia’s Deputy Prime Minister to Indonesia was in hopes of recruiting corporate investments in Malaysia by Indonesian businesses.  Now, four...

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The largest commodities trader in the world, Glencore, has announced that it values its impending flotation at about $61 billion.  Shares will be offered...

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Recent analysis by a group of 19 international experts suggests that Chinese inflation will slow slightly this year as compared to the last, but...