International Finance

Tag : Trading and technology

Economy

From ‘Made in China’ to ‘Innovate in China’

Huge capital and investment power will make the country a force to reckon with Suparna Goswami Bhattacharya September 8, 2015: In the West, people often opine that Chinese are not innovators but just copiers who can make a product at a cheaper rate. If somebody mentions inventions, like gunpowder and printing press which were invented...
Economy

Asia’s SMEs need capital to be competitive

Despite having millions of SMEs, only a few are able to grow where they can innovate September 8, 2015: Asia’s small- and medium-sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says...
FinanceWealth Management

Life insurance not on the priority list of Americans

Only 51% Americans own life insurance September 3, 2015: Only 51% of Americans own life insurance, and a primary reason is that it’s a product that remains highly misunderstood.  This is the latest finding from Northwestern Mutual’s 2015 Planning & Progress Study. This annual study exploring Americans’ attitude and behaviour towards finances and planning reveals that one of...
Economy

‘Ecosystem for SMEs in Oman is still nascent’

Adham Al Said spoke to IFM about the initiatives taken by His Majesty and challenges ahead IFM Correspondent September 2, 2015 SMEs play a major role in any economy. How is it in Oman? Recent reports and studies have suggested that SMEs form approximate 90% of active businesses. Their contribution to GDP is estimated to...
Economy

‘Salary is not the only criteria to attract top talent’

Suhail Masri, VP of Sales, Bayt.com says SMEs in the GCC can compete with larger MNCs IFM Correspondent September 1, 2015 With MNCs spreading their wings, are local SMEs losing potentially good employees to these bigger companies? The state of talent in SMEs in Oman is positive. After all, Oman attracts top talent from all...
Economy

Iran: Renewed interest

The initial round of foreign investment is expected to benefit petrochemical and metal industries Suparna Goswami Bhattacharya August 28, 2015: For economists worldwide, July historically is usually a quiet month. However, this year has been unusually active for the global economy. First, there was Greece’s debt crisis. Then the news of China’s stock plunging stroked...
Business Leaders

E-invoicing is the way forward

What Small Business, Enterprise and Employment Bill means for UK’s public sector Stephen Carter Augudt 25, 2015: Everyone has a stake in the efficiency of local and central government, we all pay taxes. And I for one, dislike paying for someone to process paper invoices. Especially, as there is a better and simpler way of...
Business Leaders

Guiding light for SMEs in Oman

Startup Oman aims to connect Oman’s entire SME ecosystem Suparna Goswami Bhattacharya August 24, 2015: Entrepreneurship is a great equaliser. Across the globe, entrepreneurs may come from varied backgrounds, but the language of entrepreneurship unites them. And testimony to this is the story of Startup Oman, a one-stop shop community for SMEs. The founders —...
Economy

Insurance companies staring at $1.5 billion Tianjin bill

Two massive explosions in a warehouse in the Chinese port have killed more than a hundred people, left hundreds more injured and devastated large parts of the city Tim Evershed August 21, 2015: Insured losses from the explosions that rocked the Chinese port of Tianjin on August 12 could rise to over $1.5 billion making...
Fintech

£6bn in revenue left on the table by mobile businesses last year

Survey reveals that more than half of UK smartphone users have abandoned their transaction August 20, 2015 London: Jumio Inc. on Thursday released results from the company’s latest Mobile Consumer Insights study, which looks at user behaviour and transactions on mobile. Conducted online by Harris Interactive, the study identifies the driving forces of purchase and...