The European Commission (EC) has decided to suspend some farm aid payments to new EU member Bulgaria over suspected fraud, for the first time since the country joined the bloc in January 2007.
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Economic Update | EU Funds on Hold
22 Jul 2010
Economic Update | Acquisitions, Not Mergers
22 Jul 2010
Indonesia's banking sector is attracting attention this month, with Singapore's sovereign investment fund Temasek planning to sell its stake in Bank Internasional Indonesia (BII), the country's sixth...
Economic Update | Building Concerns
22 Jul 2010
While there has been no slowdown in the flow of new projects announced in the emirate, Dubai's construction sector, like those across the Gulf, is experiencing some difficulties as it struggles to...
Economic Update | Full Spend Ahead
22 Jul 2010
The Philippines is embarking on a programme of ramped-up spending, with a new budget allotting a significant amount to infrastructure projects and the government calling on local banks to help...
Economic Update | Dollar Peg to Stay
22 Jul 2010
Qatari officials have moved quickly to downplay suggestions that the emirate is about to sever its currency link with the US dollar, denying media reports that the peg could be removed as soon as the...
Economic Update | Skills Gap Continues
22 Jul 2010
South Africa's shortage of skilled workers is having an increasing impact on the country's economy, with state and private businesses struggling to fill crucial positions.
