International Business Times, Singapore Edition

Economy

Chaos in Middle East after Gulf nations cut ties with Qatar

Chaos in Middle East after Gulf nations cut ties with Qatar

Supermarket shelves are empty in the Qatar capital Doha. People are storing up large quantities of food water after several Arab nations recently cut ties with Qatar, including Saudi Arabia, UAE, Egypt, Bahrain, Yemen. These nations accuse Qatar of supporting terrorism. Qatar relies on its Gulf neighbors for 80% of its food imports. Iran has called for dialogues to resolve the conflict and has sent food supplies to Qatar. The rift also led to the suspension of all flights between Qatar and its Gulf neighbors. Angry customers lined up outside of the Qatar Airways office to demand refunds. Meanwhile, Donald Trump has taken the credit for the split.
Jun 7, 2017
By Staff Reporter
China exports and imports fall more than expected in July due to weakening demand

E&E sector spurs Malaysia's April exports up by 20.6%

According to data released by the Statistics Department, the imports sector grew to RM65.21 billion or 24.7%, which was below the 31.3% forecast by economists' reported The Star Online.
Jun 5, 2017
By Ushar Daniele
Five times Jeremy Corbyn lost his cool

Five times Jeremy Corbyn lost his cool

Leader of the U.K. Labour Party Jeremy Corbyn has had some feisty interviews in the past. So before the General Election on 8 June, here are five times his temper got the best of him. 
Jun 2, 2017
By Staff Reporter
Sigapore dollar

Expat packages worsen in Singapore: Survey

Despite this, the study pointed out that Singapore still offers some of the highest expatriate salary and benefits packages in the region, with some of the lowest tax rates.
May 19, 2017
By Kiersnerr Gerwin Tacadena
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Kevin McCarthy

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

By IBTimes SG Desk
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