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Insights
09-Jul-19 The World Bank’s update on migration and remittances points to an almost 10% jump in 2018 to USD530 bn for low and middle-income countries, although the pace is projected to slow for the remainder of the year. [image: iStock]
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Insights
Jul-19 Stalled growth in emerging market economies is projected to pick up from a four-year low of 4.0 percent in 2019 to 4.6 percent in 2020-21, reflecting the waning impact of financial pressures in some large markets. Growth in all emerging regions has been weaker than expected but activity in East and South Asia remains buoyant. Other regions are expected to recover in 2020-21. Growth in both Latam and MENA is expected to be a subdued 1.7% in 2019, but MENA countries show more promise thanks to oil exports, policy reforms and tourism. [image: World Bank]
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Insights
08-Jan-19 Raffles Medical Group officially has opened its first hospital in China in south-western Chongqing. Touted as Singapore's first tertiary hospital in China, Raffles Hospital Chongqing is a 700-bed facility with a gross floor area of more than 100,000 sqm. [image: Raffles Medical Group]
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Insights
28-Jun-18 Pakistan’s absence of online payment solutions and weak consumer protection results in per-capita Internet retail spending at USD0.60, one of the lowest in the region, compared with USD871 in Korea for example. [image: Pakwired]
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Insights
Apr-18 Rising geopolitical tensions, increased protectionism and unexpectedly abrupt tightening of global financial conditions pose downside risks to growth market economies, especially in Asia, says the World Bank. Growth in the key Asian region is projected to increase in 2018 and 2019. Indonesia, Brazil and India will all pick up pace, even as China moderates.
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