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.
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.