Arno Maierbrugger
Business journalist
South Korean government implements green credit system
South Korea is working towards ensuring a smaller carbon footprint for their country by announcing the implementation of a “green credit system” targeting large...
SBI Holdings and InvestAD to partner in Turkey
Abu Dhabi based InvestAD and Japanese corporation SBI Holdings have announced a joint venture in which they will partner to invest in Turkey. They...
Sabah contributes to ETP goals
Sabah Energy Corporation Sbd has announced it will contribute an estimated RM5 billion to Malaysia’s RM115 billion realized investment target. The company, a state...
Qatar to invest $10 Billion in Egypt
As the international community attempts to sort through the financial problems created during Egypt’s political revolution earlier this year, Qatar has announced a plan...
Brazil and Abu Dhabi partnership grows
As investors from the Middle East, and specifically Abu Dhabi and Dubai, look farther from their borders for international business opportunities, Brazil has become...
Yandex market cap bigger than LinkedIN
Yandex, the Russian search engine/internet service provider, hit the ground running with an initial public offering giving them a market cap of $11.2 billion. ...
Axis receives additional investments
Indonesian-based telecom Axis has announced that it has secured a $1.2 billion financing deal with several international banks to fund a huge expansion. Saudi...
Air Asia shows lower net profits but higher revenue
Despite rising fuel costs which led to a decrease in overall profits in the first quarter of 2011, revenue is up for Air Asia. ...
Thailand use of social media increases
As the spread of Facebook and Twitter hits developing countries, it leads to a dialogue as to the role of social media in these...
Palm oil representatives heading to US
Malaysia’s RM4.4 billion palm oil industry is hopefully getting another boost to its export prospects. The Minister of Plantation Industries and Commodities, Tan Sri...
MTDC announces new business growth fund
The Malaysian Technology Development Corps, founded in 1992 to promote venture capitalism in the country’s technology and innovation industries, has announced a new fund...
Manchester City FC excited for next phase in club
To avoid the recent common plagues of financial overextension now quite common in European Championship play, UEFA has announced a “financial fairness” rule to...
LinkedIn IPO leads to future concerns
After the recent Initial Public Offering (IPO) of Silicon Valley job amalgamator LinkedIn, many industry analysts wonder if the company will be able to...
International feelings on oil simmer
As physical temperatures rise for the summer, so does the heated climate of OPEC and the International Energy Agency. After production halted in Libya...
Guarana hoping to head for Middle East
The makers of Guarana, Brazil’s second most popular soft drink after only Coca-Cola, are trying to bring production of the drink to the Middle...
ADCB selling stake in RHB Capital
Abu Dhabi Commercial Bank is selling a 25% stake in Malaysian bank RHB Capital. It is valued at about $1.6 billion. They will announce...
Apple to launch cloud for iTunes
Apple has recently moved forward in their effort to provide iTunes through a cloud, allowing one to synch his iPod, iPhone, and computer through...
Saratoga and Tiger Airways to takeover Mandala
Troubled airline Mandala, grounded due to financial reasons since January, will get an influx of cash and experience from a partnership between Saratoga Capital...
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US chocolate giant opens research center in Malaysia
US-based Hershey Company, the world’s fifth largest chocolate and candy maker, has opened a new research and development (R&D) center in Malaysia to develop...
Stories of the week
VinFast likely to postpone US listing again on “market uncertainty”
Vietnam’s domestic car maker VinFast once again is set to postpone its much-awaited initial public offering (IPO) in the US, likely until next year...