News: Mcnews

Istanbul’s third airport, expected to be the world’s largest, will be “the apple of the Developing Eight countries’ eye,” Turkish Airlines CEO Temel Kotil told Anadolu Agency. “After opening this airport, passengers will flood to [Istanbul] from Asia,” he said.… Read More

Kingsley Alu The 5th edition of the Small and Medium Enterprises (SMEs) of Inter-Governmental bodies of the Eight Developing Countries (D-8) being hosted by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has begun yesterday in Abuja. The… Read More

Mr Saeed Koozechi, the Iranian Ambassador to Nigeria, on Tuesday called for greater cooperation among news agencies from the Developing 8 (D8) countries to boost economic and trade ties. Koozechi made the call when he visited the Managing Director of… Read More

Iranian Vice-President for Women and Family Affairs Shahindokht Molaverdi voiced Tehran’s readiness for joint efforts with the group of Developing 8 Countries (D-8) aimed at ensuring the economic empowerment of Muslim women.   In a meeting with Secretary General of… Read More

Board of Investment: Since time immemorial, the spirit of free enterprise, competition and innovative entrepreneurship have been the dominant driving forces in the economic life of Bangladesh which has always encouraged external trade and investment. The British East India Company… Read More

Malaysia’s economy has been growing strongly, with gross domestic product expected to expand by as much as 5.5% this year, but the debt burden remains a problem. The government is aiming to shrink its budget deficit by cutting fuel and… Read More

Better External Demand to Support Growth- By JASON NG And JAKE MAXWELL WATTS  Malaysia’s economy growth should grow 4.5% to 5.5% this year on stronger exports, but it faces risks of rising inflation and softer domestic demand, the country’s central… Read More

Turkey aims to upscale renewables by 30 percent by 2023 with the second fastest rise in demand for energy in the world after China By Oguzhan Ozsoy and Bahattin Gonultas Turkey looks to renewable energy as an alternative source to… Read More

Iranian President Hasan Rouhani, who pays a historic visit to Turkey with an Iranian delegation composed of one vice president, seven ministers and a number of businessmen, described partnership between Turkey and Iran as ‘strategic’ and ‘strong’ with future plans… Read More

Indonesia will begin construction next month of its long-delayed $1.6-billion Sarulla project, the world’s biggest geothermal power plant, the country’s chief economic minister said on Wednesday. Southeast Asia’s largest economy, home to the world’s largest geothermal resources, is racing to… Read More