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Insights
Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]
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Insights
31-Dec-18 Asia's naphtha market looks set to face downside pressure in the first half of 2019 as key producers in the Middle East and Southeast Asia ramp up production, while demand in Northeast Asia could falter during a heavy steam cracker maintenance season. [image: Platts Oil]
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Insights
30-Dec-18 JGC Corp has been awarded the contract for the construction of chemical plants that will be the foundation of a high-performance synthetic-resin manufacturing and sales undertaking in Thailand involving Kuraray, PTT Global Chemical and Sumitomo Corp. [image: JGC Corporation]
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Insights
28-Dec-18 The Malaysian government announced a free national health insurance scheme for the bottom 40% of the population, called B40 National Protection Scheme. From 1-Jan-19, it will provide coverage against 36 critical illnesses with payouts of up to MYR8,000 (USD1,944). [image: Lua Jiamin / Mediacorp]
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Insights
18-Dec-18 Southeast Asia is coming into its own as a key market for anything from cars to computers. But tens of millions still have no bank account. Demand for savings plans, insurance and banking still has lots of room to grow. [image: HSBC]
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