The Oman International Bank is set to become the latest market player in the US$1 trillion Islamic financial industry, according to reports from The National.
The bank announced on Sunday that it was considering a “strategic alliance” with another financial institution within the Middle-Eastern region, in the wake of the nation hosting its first-ever Islamic banking conference.
21 July 2011.
Now let’s get this right: Singapore is a great place to do business. It’s the gateway to Asian economies and where businesses big and small base themselves to trade with the rest of South East Asia – and the world. But as much as Singapore prides itself in being the best place for business in Asia, underneath the sparkling facade of its Central Business District and well-dressed, well-spoken and good-looking frontline representatives lies fundamental practices – things just aren’t right.
I had the great pleasure of interviewing David Cook, the Communications Director for Cisco, Asia Pacific, Japan and Greater China, this week. Responsible for communications across a very complex and diverse region, David had some terrific insight toward internal communications as a skill in its own right, and he talked about how authenticity, honesty, and sincerity are vital for success within this core business function.
The South Korean robotics industry experienced record growth last year in output, sales and exports, as increased investments in manufacturing facilities raised productivity levels and technical expertise for 395 firms surveyed by the Korea Association of Robot Industry.
According to the survey, combined sales for the 395 firms nearly doubled to 1.93 trillion won in 2010 (US$1.827 billion) from 2009 to 2010.Total production volume and exports also shot up by 75 percent and 137 percent to around 1.78 trillion won and 229 billion won, respectively.
China may be the world’s largest auto market; but despite its rapid growth in the past two year, the country still lags behind Germany, Japan and the United States in terms of technology, development environment, innovation and talents, according to Fu Yuwu, vice chairman with the Society of Automotive Engineers of China.
Speaking at the eighth China Changchun International Auto Expo, Fu identified the lack of talent in China as the main roadblock for the continued advancement of the country’s auto industry.
Newly wed royal couple, Prince William and Kate Middleton, are set to become “ambassadors” for British business around the world, according to a report from The Telegraph.
The Duke and Duchess of Cambridge will travel the world on royal tours designed to boost the commercial interest of the United Kingdom abroad.
The green movement is one of the most under-rated issue in global economics today. If we ruin the planet to live on, where would we do business then? The rise of green technologies and increasing investment in the sector over the years is a good sign that conservation is being taken seriously by the powers that be – but let’s face it, anything as controversial as this can be taken a bit too seriously, or erm, passionately.
Here’s a few jokes to take to the bar this weekend:
The Internet is one of the fastest growing industries in the world. Keeping track of its growth is often an incredibly difficult task as the environment continously changes – with new technology, new providers, new resources and new methods.
As the Internet gets bigger, faster and more mobile each day, the biggest challenge for analysts is how to follow the progress and also on how to present the information in a way where others can follow the data.
The rise in advertising spend by companies big and small is always a good indicator of global economic recovery. After all, it’s one of the first budgets companies pull in bad times. So if you’re wondering which companies are spending the most on advertising (and you’re after a share of that market!), here’s the top 200 advertising budgets:
Related: Advertising Industry
Eight years after the Concorde was retired due to low passenger numbers and high maintenance costs, A British firm has unveiled plans to build a supersonic plane that would be twice as fast as the Concorde and far more environmentally friendly.
HyperMach announced its plan for the SonicStar Aircraft at the Paris Air Show last week, which could potentially cut airline travel time by 75 percent.
A trip from London to New York would take a mere two hours while passengers travelling from London to Sydney would reach their destination in just three and a half hours.
