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Chen Ming-tong, the chairman of the Mainland Affairs Council (MAC), the decision-making body on cross-Strait policy, said on June 21 that Taiwan and China would resume talks over lifting the ban on direct charter and cargo flights across the Taiwan Strait and the ban on tour groups going to Taiwan directly from China.
The governor of the South African Reserve Bank has suggested a further increase in the interest rate might curb high consumer spending after the latest inflation figures came in well above the bank's target and household debt levels remained disturbingly high.
According to a recent economic report compiled by the International Bank of Qatar (IBQ) and its partner National Bank of Kuwait (NBK), Qatar's economy, the fastest growing in the Middle East in terms of nominal gross domestic product (GDP), is expected to see the pace of growth sustained at high levels over the next five years and as a result, its economy could double in size by 2012.
Brunei Shell Petroleum (BSP) is to supply natural gas to Brunei Darussalam's first world class methanol manufacturing plant, a landmark project for the country, which will kick start its downstream activities as well as stimulate economic diversity.
Ras-al-Khaimah's industrial and commercial fabric is continuing to rapidly expand, with the RAK Free Trade Zone (RAK FTZ) playing a strategic role in this development.
For many colleges and universities worldwide, meeting the seemingly endless demand for the master's degree in business administration (MBA) has resulted in a vast expansion in business education programmes.

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