Bahrain economy stable says PM

Prime Minister Shaikh Khalifa bin Salman Al Khalifa affirmed yesterday during a meeting with the president of Bahrain Chamber of Commerce and Industry that the kingdom’s economic stability had not been affected by the world crisis.

Shaikh Khalifa said that the government was monitoring the world economic situation and was able to take appropriate decisions to come out with a new economic vision to help resolve any possible impact of the crisis.

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Work fee fears ‘proved wrong’

By SOMAN BABY

FEARS that increased labour fees would force smaller establishments out of business have been proved wrong, says an official. More than 30 per cent of the applications submitted for new work visas at the Labour Market Regulatory Authority (LMRA) are from establishments employing one to five workers, said LMRA e-services and public relations manager Waheed Al Balushi.

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