Batam (ANTARA) - Bank Indonesia (BI, the central bank) engages economic actors from Johor, Malaysia and Singapore in the Riau Islands Syariah and Halal Festival in Batam on Sunday. Head of Bank Indonesia's Riau Islands office Fadjar Majardi said that as many as 12 economic actors from the two neighboring countries met with owners of 27 micro, small and medium enterprises (MSMEs). "The meeting between 27 entrepreneurs promoted by Bank Indonesia with 12 potential buyers from Johor and Singapore was arranged by Bank Indonesia's Representative Office in Singapore," Fadjar said. The Business Matching forum was expected to help SMEs get buyers in developing their businesses. In addition to business meetings between Bank Indonesia-assisted entrepreneurs and Singaporean as well as Malaysian businessmen, the Riau Iislands Syariah and Halal Festival also includes needs matching, bringing together charity providers and mosques which require donations through the launch of Charity QR, a QR … [Read more...] about Bank Indonesia engages economic actors from Malaysia, Singapore
World islamic economic forum
Contrary to the views of most economists, the Trump administration expects the U.S. economy to keep booming over the next decade on the strength of further tax cuts, reduced regulation and improvements to the nation's infrastructure.The annual report from President Donald Trump's Council of Economic Advisers forecasts that the economy will expand a brisk 3.2 percent this year and a still-healthy 2.8 percent a decade from now. That is much faster than the Federal Reserve's long-run forecast of 1.9 percent annual economic growth.The administration's forecast hinges on an expectation that it will manage to implement further tax cuts, incentives for infrastructure improvements, new labor policies and scaled-back regulations — programs that are unlikely to gain favor with the Democratic-led House that would need to approve most of them.Kevin Hassett, chairman of the White House council, insisted that the president's economic agenda would provide enough fuel to drive robust growth at a … [Read more...] about White House foresees long economic boom, but others don’t
Global political and business leaders are gathering in the mountain resort of Davos in Switzerland this week for the World Economic Forum’s Annual Meeting. It starts on Tuesday 22 January, and will wrap up on Friday 25 January. What's on the agenda? 'Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution' is the theme this year. According to the World Economic Forum's website, it picks up on two major trends — global cooperation challenges, and changes as a result of the high-tech digital revolution. Professor Klaus Schwab, Founder and Chief Executive of the World Economic Forum, explained: "This fourth wave of globalization needs to be human-centred, inclusive and sustainable. We are entering a period of profound global instability brought on by the technological disruption of the Fourth Industrial Revolution and the realignment of geo-economics and geopolitical forces. "We need principals from all stakeholder groups in Davos to … [Read more...] about World Economic Forum 2019: What to expect at this year’s Davos?
Brian Rohan, Associated Press Updated 10:11 am PST, Monday, January 14, 2019 Israel Energy Minister Yuval Steinitz, speaks during an interview with The Associated Press, in Cairo, Egypt, Monday, Jan. 14, 2019. Egypt has hosted its first ever regional gas forum, with several government delegations attending including the Israeli Energy Minister in the first such official visit since its 2011 Arab Spring uprising. less Israel Energy Minister Yuval Steinitz, speaks during an interview with The Associated Press, in Cairo, Egypt, Monday, Jan. 14, 2019. Egypt has hosted its first ever regional gas forum, with several government ... more Photo: Amr Nabil, AP Photo: Amr Nabil, AP Image 1 of / 4 Caption Close Image 1 of 4 Israel Energy Minister Yuval Steinitz, speaks during an interview … [Read more...] about Egypt launches regional gas forum, including Israel in fold
By Stephen Kalin RIYADH (Reuters) - An 18-year-old Saudi woman's flight from what she said was an abusive family has rallied opposition to the kingdom's male guardianship system, still a major constraint on women despite the conservative Muslim country's efforts to open up. Some freedoms have been granted under Crown Prince Mohammed bin Salman, who ended a ban on women driving, eased restrictions on gender mixing, and championed firsts such as allowing women to serve in the armed forces. Yet those changes have been accompanied by a crackdown on dissent, including the arrest and alleged torture of some of the activists who campaigned for decades to improve women's rights - as well as Muslim preachers who opposed them. Many activists are calling for an end to the guardianship system, which has been chipped away at slowly over the years but remains in force. Under the system, every Saudi women is assigned a male relative - often a father or husband but sometimes an uncle, brother or even … [Read more...] about Saudi woman’s flight rallies opposition to male guardianship