NAWAF AL SABAH WRITES– Islam, soon to become the most followed religion worldwide, currently second to Christianity, garners some of the most devout followers. Muslims are committed to daily prayers (salat) on schedule. In Saudi Arabia, for instance, Muslims are mandated to close businesses during prayer time. Unfortunately, this practice…Full Article SAUDI ARABIA: How Closing Doors during Prayers is Costing Saudi Arabia
FAHAD ALSUDAIS WRITES– On March 5, China’s Prime Minister Li Keqiang unveiled plans to introduce tax cuts and credit reform measures intended to sustain and fuel Chinese private investment, job growth and domestic consumption, without relying heavily on US export revenues. In particular, the manufacturing sector is expected to see…Full Article CHINA: Lower Taxes and Boosts to Fight Lowest GDP Growth in 30 Years
FAHAD ALSUDAIS WRITES– Vision 2030: this ambitious socio-economic reform plan is Saudi Crown Prince Mohammed bin Salman’s brainchild. It has two primary goals: To foster growth in privately owned enterprises in the Kingdom of Saudi Arabia (KSA) and to steer away from dependence on non-renewable, environmentally toxic oil. Launched in…Full Article SAUDI ARABIA: New Saudi, Non-Oil, Private Enterprises Rise Thanks to Vision 2030
RYAN URBAN WRITES – On October 1, a Singapore tech startup bought half of Rolling Stone, becoming the first-ever outside investor in the 49-year-old magazine. BandLab Technologies is a social music company aimed at encouraging rising music artists to collaborate with one another by combining features from Facebook, SoundCloud and…Full Article SINGAPORE: HALF OF THE STONE ROLLS INTO KUOK’S COURT
AMANDA KRETSCH WRITES – Taiwan’s Hon Hai Precision Industry Co. has sealed the deal to take over and revive Sharp Corp, making this acquisition the first time a foreign company will acquire a Japanese electronics manufacturer. Hon Hai and Sharp negotiated for months, but with the downturn of Sharp, a…Full Article JAPAN: Taiwan Makes a Sharp Move
PEYTON CROSS WRITES – With the recent release of the iPhone 6, millions of Americans are preparing for a technological upgrade. More than 9,000 miles away, Sri Lanka is also gearing up for its own IT reboot. On September 14, the Colombo Page reported that the Sri Lankan government plans to…Full Article SRI LANKA: Time for an Upgrade!
British Prime Minister David Cameron’s recent three-day visit to Mumbai and New Delhi- the first visit from an English premier in 20 years — is ripping across Asian subcontinent. Accompanied by the largest entourage of British business officials ever to travel overseas with a prime minister, Cameron had a myriad…Full Article INDIA: Cybercrime Response is Crucial to Cameron’s Agenda
Heels, lace, and mini-skirts! These are some of our favorite things. By “our,” I mean the possessive term for females. China’s new clothing line, Yuekou, is marketing these pieces to young Chinese fashionistas in a brand new way that is shocking to their audience, as well as the rest of…Full Article CHINA: A New Fashion Model In Town