Philippine economy seen growing 6.5-7.0% in Q1: Minister
Author: ReutersFri, 2017-03-24ID: 1490294631733334100MANILA: The Philippine economy is expected to expand between 6.5 and 7.0 percent in the first quarter or faster, the economic planning minister said on Thursday, putting the government on track to meet its full-year target.The Southeast Asian economy is among the world’s fastest growing with gross domestic product expanding by 6.8 percent in […]
S. Korea throws shipbuilder Daewoo new $6bn lifeline
Author: AFPFri, 2017-03-24ID: 1490294631703333800SEOUL: South Korea offered troubled Daewoo Shipbuilding & Marine Co. a new $6 billion bailout on Thursday, as the giant firm’s financial crisis worsens.Daewoo is the world’s largest shipyard in terms of its order book and was previously given a 4.2 trillion won ($3.8 billion) aid package in 2015.It is majority-owned by state-owned banks. […]
Chinese premier warns Australia against protectionism
Author: APFri, 2017-03-24ID: 1490293831123218200CANBERRA, Australia: China’s premier on Thursday warned against protectionism, saying his country planned to close its $50 billion a year deficit with Australia by expanding the trading relationship rather than retreating from it.Premier Li Keqiang said in a speech in Australia’s Parliament House that globalization created “some problems,” but that free trade was not […]
Euro zone banks jump on last chance for cheap ECB loans
Author: AFPFri, 2017-03-24ID: 1490293831073217900FRANKFURT AM MAIN: Banks rushed for a final round of cheap long-term loans from the European Central Bank, the Frankfurt institution said Thursday, as signs mount that the cost of money may soon rise.Some 474 banks borrowed a total of €233.5 billion ($252 billion) — almost a fourfold increase compared with the €62.2 billion […]
Brexit delaying major UK infrastructure projects
Author: ReutersFri, 2017-03-24ID: 1490293831023217600LONDON: Britain’s move to leave the EU is delaying major UK infrastructure projects from tower blocks and power stations to new roads and rail lines, construction and services company Kier Group said on Thursday.Peers such as Capita, Mitie, Interserve and Carillion have all reported tougher trading in their UK businesses since last June’s Brexit […]
Food trucks: Concept of mobile street vendors comes to Saudi Arabia
Author: Shaistha KhanFri, 2017-03-24ID: 1490298885783945800Food and eating out are popular entertainment options in Saudi Arabia. People are always on the lookout to try the latest concept restaurant in town or the newest franchise chain. Thanks to Vision 2030’s focus on the opportunities for entertainment, event companies are now organizing and hosting family carnivals, bazars and festivals.These carnivals […]
No key, no access: Parker’s
Author: Shaistha KhanFri, 2017-03-24ID: 1490298885733945200Beg, borrow, or steal. Either way, you need a key to access Parker’s cool club. The recently opened Parker’s restaurant — with the first branch in Dubai, and the second one in Dhahran — is creating quite a buzz. The brand employs an excellent marketing strategy, which it uses to create a hype […]
Jane Austen: Events to remember on the bicentennial of her death will bring you closer to Mr. Darcy
Author: DENISE MARRAYFri, 2017-03-24ID: 1490297725713788800Have you ever been to Hampshire in England? If not there is an excellent reason to put it on your travel itinerary this year. For Hampshire is the home county of the renowned novelist Jane Austen, whose life and work is being celebrated this year on the bicentenary of her death, at just […]
Catherine expecting royal baby No. 3?
Author: ARAB NEWSFri, 2017-03-24ID: 1490297115993695000LONDON: There were no confirmations from the palace about an alleged pregnancy of Catherine, the Duchess of Cambridge, despite a new tabloid cover story claiming she is expecting her third baby. The new cover of Star announced, “Princess Kate Pregnant! Baby No. 3 Due In September!” The front of the edition even touts, […]
Brie Larson is running for president … in a movie
Author: ARAB NEWSFri, 2017-03-24ID: 1490297115953694700LOS ANGELES: Brie Larson is set to play the first woman to run to be President of the United States.The “Kong: Skull Island” star will take on the role of feminist icon Victoria Woodhull, who was the first female to run for office in American in 1872, in the forthcoming Amazon movie, according […]
