economy

What We Expect to Indonesia and Turkey in G-20 Summit in London?

March 31, 2009 by D-8 Secretariat

D-8 Secretary General, Dipo Alam, writes on Turkish Today’s Zaman*), on the importance of Turkey and Indonesia in representing D-8, and moslem world in the emerging market economy.

Indonesia and Turkey will represents two democratic republics with major Muslim population…

Iran-Turkey on Trade Corridor

February 09, 2009 by D-8 Secretariat

Head of Iran's Chamber of Commerce, Mohammad Nahavandian
Head of Iran’s Chamber of Commerce Mohammad Nahavandian suggests a change in the import corridor for goods Iran receives from Europe. An Iranian official suggests that the country should import its European…

Nigeria’s Economic Growth is On Track, Says Yar’Adua

February 02, 2009 by D-8 Secretariat

Yar'Adua: Nigerian economic growth is on track, as the administration had showed clear commitment to ensure economic empowerment of the people
The Federal Government last week in Abuja reiterated its stance that the nation’s economic outlook remained very favourable, in…

Malaysia and Egypt can be Trade Gateways

January 07, 2009 by D-8 Secretariat

Muhyiddin and Rachid shaking hands after their meeting at Muhyiddin’s office in Kuala Lumpur
Malaysia and Egypt should encourage their business sectors to make use of the nations’ role as trade gateways to the Asian and Arab-African regions. International Trade…

Indonesia Eyes US$25b of Investment in Energy and Mining

January 05, 2009 by D-8 Secretariat

Energy & Mining sector is viewed to be less affected by financial crisis
In a bold move, the Indonesian government forecasts investment in the oil, gas, power and mining sectors in 2009 will grow by 16.7 percent compared to this…

Turkey’s Oyak Cement Invests Despite Shrinking Market: Turkish Resilience Proof againts the Financial Crisis

December 16, 2008 by D-8 Secretariat

Oyak Cement Group is pressing ahead with investments
Turkey’s Oyak Cement Group said Wednesday it was pressing ahead with investments despite an expected 10 percent decline in domestic cement sales this year due to an economic slowdown.
The group said…

Bangladesh: Global Financial Crunch Set to Cut Remittances

December 03, 2008 by D-8 Secretariat

Remittances are Bangladesh's second-biggest source of foreign income
Millions of Bangladeshis will be hit by an expected downturn in remittances because of the global financial crisis, experts warn.
Some five million Bangladeshis work abroad, mostly in the Middle East, in…

INTEL, Egypt Sign Deal for Motherboards Factory

December 03, 2008 by D-8 Secretariat

INTEL Headquarters
Intel Corp, the world’s biggest chipmaker, signed a deal with an Egyptian company on Monday to build the first factory to produce motherboards in Africa, the Egyptian Information Ministry said.
The ministry said 85 percent of the production…

Bangladesh Exports to Surge Despite Global Recession

December 03, 2008 by D-8 Secretariat

Ready Made Garment sector as one of the pillars of the Bangladesh economy
The ready made garment sector, one of the pillars of the Bangladesh economy, is definitely in a positive mode despite global financial meltdown.
Talking to media persons…

Actual Jan-Oct FDI In Indonesia +53% On Yr To $13.95B: Official

December 03, 2008 by D-8 Secretariat

The actual FDI in Indonesia rose 53% to $13.95 billion
The actual foreign direct investment in Indonesia rose 53% to $13.95 billion in the first 10 months of 2008 from a year earlier, the chairman of the official investment board…