Bloomberg South Korea is famous as a high-tech powerhouse, from Samsung’s smartphones, the world’s fastest internet connection speed and world-beating innovation. And while presidential hopefuls are laying out plans to develop new technology to drive the economy over the next five years, here is a reality check: the advantage of Korean companies over their Chinese competitors is closing fast. ...

  Dubai / Emirates Business The UAE Purchasing Managers’ Indexâ„¢ (PMIâ„¢) — a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy — picked up to a 19-month high of 56.2 in March, from 56.0 in February. Growth of the UAE non-oil private sector gained further momentum in March, continuing the trend ...

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has concluded its successful participation at the 5th Dubai International Government Achievements Exhibition (DIGAE), which was held from April 2-4, under the theme: ‘National Governments .. Global Achievements’. DEWA’s stand attracted many visitors who commended its innovative projects and initiatives, and actively took part in discussions, lectures, and workshops that ...