Wednesday 24 August 2016
 
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Asia

Global tourism growth resilient this year

Travel and tourism will contribute less than previously forecast to the economies of France, Turkey and Brazil this year, hit by attacks, political and economic turmoil, though globally the sector is resilient, the World Travel and Tourism Counc

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Pokemon Go spurs lifestyle changes

Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters. From Indonesia to Hon

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Asia stocks fall while dollar crawls up, oil near 8-week high

Asian stocks retreated on Friday as traders took profits from shares close to one-year highs, while the dollar edged up from a near eight-week low after some Federal Reserve officials reiterated the case for raising interest rates in coming mont

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Dmg events welcomes new team members

Dmg events – Middle East, Asia & Africa, a leading international exhibitions company, has announced the recruitment of two high-profile senior executives as it looks to drive greater growth in its successful Design and Hospitality divi

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Dubai Duty Free scoops two top awards

Dubai Duty Free walked away with the awards for “Best CSR Practices” and “Best Community Action at the recently concluded 6th Asia Best CSR Practices and Sustainability Excellence Awards held in Singapore.  

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Southeast Asia gains popularity among ME travellers

Gulf residents travelling abroad to enjoy summer breaks are being drawn to Southeast Asia with direct air routes, the affordability factor, cooler temperatures and an ample choice of accommodation options all coming into play, a leading hospital

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70pc of remittances from Qatar went to S Asia states

South Asian countries are the largest beneficiaries of remittances originating from Qatar, according to Xpress Money, a leading money transfer brand. India, the largest recipient of remittances in the world received $3.99 billion

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AirAsia places $2.7bn engine order

AirAsia today announced that it has ordered 200 additional CFM LEAP-1A engines to power 100 new Airbus A321neo. The order, which expands its LEAP engine fleet to nearly 730 engines, is valued at $2.7 billion at list price. The agr

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Oil falls further under $50 on Asia demand concern

Oil fell on Monday over signs that US shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs.   Brent crude was trading

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Citigroup merges EMEA, Asia consumer banking businesses

Citigroup is merging its consumer banking unit in Europe, Middle East and Africa (EMEA) with Asia, the largest region for profit for the business outside North America, according to an internal memo seen by Reuters on Thursday. Th

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