After five years in a row of missed opportunities, the UAE and Qatar are under consideration for a reclassification from their current frontier market status to that of emerging market, a move deemed overdue by some.
Qatar Airways managed to tap the expanding air travel industry with targeted network extensions at a time when many other global long-haul carriers are suffering from exploding overhead costs and cuts in business travel budgets.
Remittances from Overseas Filipino Workers (OWF) remained strong during the first quarter of 2013. The Philippines Central Bank forecasts a solid 5 per cent annual increase in remittances volume for the full year.
A multi-state visa for ASEAN visitors is a highly desirable and necessary way to improve the region’s growth prospects. And, this will be a great relief for business travelers who want to explore various opportunities in the region.
Indonesia, the largest economy and the most populous country in Southeast Asia, is opening up for more oil-related investments. The country needs new oil refineries to meet the domestic demand of its ever-growing population.
An newly published investment index by US media group and centrist think tank Foreign Policy, listing 102 countries globally for best returns, is based on a - to put it mildly - questionable and misleading methodology.
It is little known outside the industry that Qatar is a major destination for construction firms from ASEAN, especially from Malaysia and Thailand. Big names have a long-standing presence in the Qatari market.