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...
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...
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.
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...
