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· July, 2010

Stories about Economics & Business from July, 2010

Qatar: Residents survive change to eight-digit phone numbers

In an effort to meet future demand, Qatar changes most mobile and landline numbers from seven to eight digits. Residents complain, but find the transition to be easier than expected.

Qatar: Expats Question Future Plans

If you are a long term resident in one of the GCC countries, what are your long-term plans? What will you do when you return home? At Qatar Living, expatriates...

Philippines: Opposition to Rail Transit Fare Hikes

Metro Manila commuters of the Metro Rail Transit will be facing fare hikes as the Philippine government plans to abandon subsidies for the public transportation because of rising operation and...

Latvia: Concerns Over the Future of the Largest Daily, Free Press

With the ownership of the largest daily newspaper, Diena, in question, many journalists in Latvia fear business interests and political influence would rule the news coverage ahead of the October...

Cuba: Economic Effects

“The unemployment phenomenon, which is vehemently denied by high officials in the government, is nothing new”: Iváns File Cabinet uses the example of Cuba's only telecommunications company to illustrate its...

Kenya: Mobile Payment Revolution

Erik looks at mobile payment services in Kenya: “Kenya is quickly gaining a competitive advantage in the mobile payments space. Led by mobile operator giant Safaricom with their Mpesa product,...

China: Looking for supplier

David Petersson gives some tips on identifying good and reliable suppliers in China.

Taiwan: Threatened by Microsoft

Tetralet complains about his recent experience with Microsoft [zht] about how the software giant emailed and called to threaten that if Tetralet does not welcome Microsoft to “help his company on...

Latvia: ‘The Harmony Center’ Political Bloc

All About Latvia writes about Saskaņas Centrs (“The Harmony Center”), Lativa's “most popular” political bloc.

The Balkans: Regional Lottery vs Nationalism

Belgraded writes about the planned revival of “the one big regional lottery” in the former Yugoslavia and does not “miss the opportunity to point out just how stupid nationalism is.”

Dominica: Going Virtual

“The Commonwealth of Dominica has gone virtual with great alacrity” in order to promote tourism; Repeating Islands has the details.

Taiwan: Manhattan”s” in Taipei

Pomelo(鉑鎂鑼) criticizes the vacuum promises(zht) made by Taipei mayor Hau Lung-pin who promises to build one Manhattan in Shezi region, yet another Manhattan in the basin of Danshui river before...

Malaysia: Drop in Foreign Direct Investments

The recently released United Nations World Investment Report 2010 brought to light the shape of the Malaysian economy to its citizens: Foreign direct investment has dropped by 81 percent. Here...

Ecuador: Leader of Citizen's Revolution Has an Economics Blog

Ecuadorian president Rafael Correa has been known for promoting Open Source Software. To prove this, he has created a blog where he explains economic matters didactically, so that people can...

Spain: First Online Galician Newspaper Closes Down

The first monolingual Galician online newspaper Vieiros [gz] has closed down after 15 years because of financial problems. In a melancholy post, Galician reporter McShuíbhne says the loss of language...

Bangladesh: Minimum Wages Raised In Garments Sector

After long protests and bargaining with the employers and the workers, the Bangladesh Government has decided to raise the minimum wages to Tk. 3000 per month ($44) which is approximately...

South Korea: A Politician’s ‘Emperor’s Dish’ Enraged Struggling Koreans

A South Korean politician's effort to experience the minimum wage earner's life went backfire due to poor understanding on the severity of the working poor's life conditions.

China: Explosion in Nanjing

A ruptured gas main is the reported cause of an explosion [zh] this morning at a plastics factory currently being torn down in NE Nanjing. Injuries are reportedly in the...

Taiwan: Film Festival of “Food and People”

Karen Yu announces on okogreen blog that the “2010 Food and People Film Festival”(zht)-co-hosted by fair-trade coffee shops and environmental NGOs-will be showing 4 documentaries on each friday through out...

South Korea: Expectations for New Micro-Finance Loans Rise Among Skeptics

New "Sunshine" micro-finance loans for low income households have just been launched in South Korea. Koreans struggling amidst a financial crisis greeted the news with enthusiasm, although some are also...

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