FeaturedTransportEV maker Lucid to open its first manufacturing unit in Saudi ArabiaIFM CorrespondentMay 24, 2022 by IFM CorrespondentMay 24, 2022 Kingdom of Saudi Arabia will give up to $3.4 billion in financing and incentives over the following 15 years.... Read more
AviationFeaturedPrivate plane usage surges despite rising jet fuel pricesIFM CorrespondentMay 24, 2022 by IFM CorrespondentMay 24, 2022 In 2021, private plane usage had dramatically increased.... Read more
EconomyFeaturedThailand still battling to regain pre-pandemic tourism fortunesInternational Finance Business DeskMay 23, 2022May 24, 2022 by International Finance Business DeskMay 23, 2022May 24, 2022 Thailand abandoned its Test & Go quarantine protocol on May 1, enabling vaccinated travellers to enter freely.... Read more
CommodityFeaturedMalaysia to review proposed cut in palm oil export tax, says ministerInternational Finance Business DeskMay 23, 2022May 23, 2022 by International Finance Business DeskMay 23, 2022May 23, 2022 The Finance Ministry has been requested to reduce the tax from 8% to 4%-6%.... Read more
EconomyFeaturedJ&J partner Aspen gets zero orders for vaccination due to a lack of demandIFM CorrespondentMay 20, 2022 by IFM CorrespondentMay 20, 2022 Aspen hasn't got a single order for their branded version of the J&J injection due to a lack of demand — even in Africa.... Read more
FeaturedTechnologyFacebook accused of intentionally removing Aus govt pages, emergency infoIFM CorrespondentMay 20, 2022 by IFM CorrespondentMay 20, 2022 The whistleblowers have accused the platform of intentionally blocking Australian government and emergency health websites in 2021.... Read more
FeaturedReal EstatePalm Jumeirah beach villa worth Dh63 million sold by Luxhabitat SothebyIFM CorrespondentMay 20, 2022May 19, 2022 by IFM CorrespondentMay 20, 2022May 19, 2022 This has been one of the most significant sales in Dubai’s property market in the second quarter.... Read more
EconomyFeaturedJob vacancies take over unemployment in UKIFM CorrespondentMay 19, 2022 by IFM CorrespondentMay 19, 2022 Between the months of January and March, the jobless rate decreased to 3.7%, which has been the lowest in over 50 years.... Read more
FeaturedFinanceSri Lanka on verge of first foreign debt defaultIFM CorrespondentMay 19, 2022 by IFM CorrespondentMay 19, 2022 Grace period expires on May 18 for missed dollar bond coupons.... Read more
FeaturedTechnologyElon Musk could seek price cut for $44 bn Twitter dealIFM CorrespondentMay 18, 2022 by IFM CorrespondentMay 18, 2022 Musk, on May 13 had put a $44 billion offer to buy Twitter on hold as details about the spam accounts were still pending.... Read more