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India boosts Asian growth, as Latam and the Middle East look positive

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 Insights

Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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Fresenius Medical Care opens office in Myanmar

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28-Jun-18 Fresenius Medicare Care, a dialysis provider, has opened an office in Yangon, Myanmar. Reforms have paved the way to expand its footprint in Myanmar, where government healthcare spending is rising but the burden of non-communicable diseases is growing. [image: Asia One]

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E-payments boom in Vietnam with new service providers

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26-Jun-18 E-payments in Vietnam grew 22% in 2017 to USD6.14 bn and will double to USD12.33 bn by 2022. E-payments have grown in the country due to more options becoming available, increases in Internet usage and smartphone ownership. [image: Vietnam Business TV]

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Grab’s evolution beyond ride hailing reaches Malaysia

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26-Jun-18 The Grab ride-hailing app has added Malaysia as the second market outside Singapore headquarters where customers may use the app for other purposes, such as making payments, earning rewards and transferring funds to other Grab users. [image: Ecommerce Daily News]

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