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Insights
11-Jul-19 More than half of banking and financial clients in Asia now use fintech products and services, according to a recent survey. Emerging markets across Asia, Latin America and Africa are quickly becoming the largest growth areas for fintech participation. [image: iStock]
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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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01-Jul-19 China has unveiled a shortened 'negative list' for foreign investment, relaxing or removing ownership restrictions on shipping agencies, gas and heat pipelines in bigger cities, cinemas, value-added telecoms, and oil and gas exploration and development. [image: iStock]
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01-Jul-19 China has introduced a new law which toughens penalties on production and sale of fake or substandard vaccines. The law stipulates that supervision of vaccines will cover the "whole process", from vaccine development, production and distribution, to vaccination. [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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