[Asia Round-up] UAE is world’s charity capital with $5 billion aid
Culture of giving deeply rooted in Emirates’ society and nurtured by leaders since the inception of the UAE, says Shaikh Mohammed The UAE increased its aid rate to 1.5 per cent of GDP, the highest in the 34-member Organisation for Economic Co-operation and Development (OECD). The Emirates’ contributions rose more than threefold as it offered […]
Lee Kun-hee, The Man behind Revolutions
First comments I read in Arabic,on the death of Samsung Electronics Chairman; Mr. Lee Kun-hee, showed that he was the man behind revolutions. If we speak of Arab region, it is clear how every house, and each citizen might be expressing easily their own experiences with some products with the label “Samsung” printed or engraved […]
A gateway for Syria solution
The Homs truce could be the gateway for a solution in Syria, despite some skepticism expressed by some people as opposition fighters make their way out of the troubled city following the deal brokered under United Nations sponsorship. Most skepticisms are fueled by questions about what is going to happen after the opposition and regime […]
President renames excellence award; VP says march towards Vision 2021 will continue
The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, has ordered that the Emirates Government Service Excellence Award be renamed the Mohammed bin Rashid Government Excellence Award as a tribute to the outstanding role played by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of […]
[Asia Round-up] It pays to be cautious about digital cash
The collapse of the bitcoin exchange MtGox tells a lot about both entrepreneurs and cyber buyers. Some US$450 million is said to have been lost from the debacle. The vision of inflation-less currency that can move easily and without cost between sender and receiver is an attractive one. But, one should not get carried away […]
How long shall Lee Kun-hee be unconscious?
Samsung Electronics Chairman Lee Kun-hee has remained unconscious until Tuesday. It seems that it will take more time until he regains consciousness, according to sources, May 13. Samsung Medical Center (SMC) said Lee had briefly experienced trouble breathing but his condition then stabilized, though he remained under sedation. An SMC spokesman said, “Lee is in […]
IMF says Pakistan economy on track but inflation looms
ISLAMABAD: The International Monetary Fund said Saturday that Pakistan’s economic reform program remained broadly on track, but warned over rising inflation. Pakistan received a $6.7 billion IMF bailout package last year to help the country achieve economic reforms, particularly in its troubled energy sector. “The IMF is encouraged by the overall progress made in pushing […]
Post Lee Kun-hee structure at Samsung?
How shall Samsung business group overcome the shock of Lee Kun-hee’s heart attack? Lee has been leading the Samsung group with his charismatic leadership until now. He has pushed the ‘Mach’ management and he has been the real leader of the group in every aspect of the conglomerate. However, his over-the-weekend heart attack raised anew […]
Overall Review of Global Papers’ Editorials
For a couple of days I have read through several newspapers and checked what they editorialized about. Considering that the abduction of schoolgirls has been a hot topic over the world for several weeks, it was understandable that the New York Times touched on this issue. It is an issue concerned with very fundamental human […]
Samsung, after Lee Kun-hee’s heart attack?
This event may precipitate the succession plan at Samsung After Lee Kun-hee’s sudden heart attack over the weekend, emerged the issue of succession plan at the Samsung business group again. It has become a matter of grave concern how Samsung’s succession plan will evolve. While business watchers guess that the succession plan will be precipitated […]