Jakarta opens mass rapid transit system
Indonesia’s capital inaugurated its first mass rapid transit system on Sunday, a $1.1 billion project seen as crucial to tackling some of the world’s worst traffic congestion. President Joko Widodo and other officials joine
MAX anti-stall software fix ready
A fix to the anti-stall system suspected in the crash of a Boeing 737 MAX 8 jet that killed 189 people in Indonesia is ready, industry sources said Saturday, as the company tries to avoid a lengthy grounding of its planes. Boeing was d
Sri Lanka opens work on $3.85bn refinery
Sri Lanka began construction yesterday of a nearly $4 billion oil refinery it hopes will revive foreign interest in its shipping facilities after Beijing’s takeover of a nearby port spooked international investors. Prime Minister
Bahrain participates in GCC eGovt meeting in Oman
Information & eGovernment Authority (iGA) Chief Executive Mohammed Ali AlQaed headed the 20th GCC eGovernment Executive Committee Meeting – hosted during 24th and 25th of March by Oman. The highly esteemed meeting was attende
CBB announces guidelines for short selling, security lending
Central Bank of Bahrain (CBB) yesterday announced a resolution introducing short selling of securities as well as giving securities on loan into the capital markets ecosystem of Kingdom. The resolution No. (23) issued by the top bank s
Responding to the Need for Change
When an organization faces challenges from direct-competitors, the marketplace or from transformations in the far environment such as new competition from disruptors, leaders have no choice but to manage through these challenges and lead change. But change always involves high levels of resistanc
Anti-Brexit protesters mass in British capital for rally
With Britain mired in political paralysis over Brexit hundreds of thousands of pro-Europeans thronged London on Saturday calling for another referendum on EU membership, in one of the biggest protests in decades. Organizers estimated around a million opponents of Britain’s departure
China should continue to open up its economy, Apple’s Cook
Apple chief executive Tim Cook yesterday urged China to keep opening up its economy as local rivals bit into the profits of the US tech giant caught in the crosshairs of a trade spat between Beijing and Washington. “We have seen China continue to change and evolve... We encourage Ch
