United States
Asia takes lead in number of millionaires
Fast-growing Asia-Pacific for the first time outnumbered North America in the number of dollar millionaires, according to the World Wealth Report 2012, released by...
G20 pledges to strengthen global economy
Facing the debt crisis in Europe that threatens to affect markets worldwide, G20 world leaders who concluded their annual meeting in Los Cabos, Mexico,...
Maximising gains in the Philippine property sector
The news about the growth of the Philippine economy is also positively affecting the Philippine property market. Heightened confidence is expected to fuel the growth of property-related demand in the short- to medium-term.
South China Sea dispute a threat to regional stability
The dispute over the South China Sea is no longer limited to regional claimants and could threaten the stability of the entire Southeast Asia region, if diplomatic efforts between China, the Philippines and the US fail.
Nomura speaking the language of Malaysia
One of the world’s leading financial services companies is now speaking a global language while staying true to its Japanese roots and culture. Nomura...
Paris number one luxury home destination
Paris has increasingly become a popular destination for foreign investors looking to buy property, and has seen prices increase as a result. Luxury home...
China set to become leading luxury consumer
As its population and development increase, China will soon overtake Japan as the world’s largest consumer of luxury goods. This year’s World Luxury Association’s...
UAE and Western Australia to work on wheat issues
Government leaders from the UAE and Australia met this week to discuss grain exports between the two countries. After last year’s drought in major...
Saudi millionaires on the rise
In a recent study by the Boston Consulting Group, it was revealed that, not unexpectedly, Saudi Arabia has the highest concentration of “ultra-high net...
Rare earth mine halted for UN investigation
In an effort to upend China’s 90% monopoly on the rare-earth mineral market, Malaysia is hoping to build a rare-earth mine in Pahang. However,...
UAE tops Saudi for US exports
Trade to and from the United States is at an all-time high in the United Arab Emirates. For the first year ever, the UAE...
Singapore exports decline in April 2011
Singapore’s non-oil domestic exports took an unexpected drop in April of this year, the first decrease of 2011. Analysts blame a reduced demand for...
Malaysia must increase productivity growth
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%...
General Electric signs gas turbine contract in Saudi Arabia
A new deal between US corporation General Electric and the Saudi Electric Company is expected to bring 100 jobs and 1,680 megawatts of power...
MIDA delegation to Texas
Malaysian delegates will head to Texas, USA for the Offshore Technology Conference held there May 2 to 5. The Malaysian Investment Development Authority will...
GCC countries score on friendliness index
Several Gulf Coast countries scored high on a poll run by HSBC about the friendliness of their nations. Despite recent political unrest, Bahrain scored...
Google enters online travel industry
Google is actively attempting to break into the worldwide $300bn a year online travel industry. While the US and Europe have long since been...
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Loss-making Thai Airways frets about $3-billion plane purchase
Thailand’s flag carrier Thai Airways, whose business model is under heavy attack from regional discount carriers, is under pressure from the government as 51-per...
Stories of the week
Singapore residential property sales drop 64% in August
Residential property sales in Singapore shrank by 64 per cent in August to the lowest point in six months as government cooling measures took...