 World Bank staff estimates World Development Indicators IMF Balance of Payments Statistics _Asia Times.jpg)
Insights
02-May-19 Foreign remittances to Asian countries hit USD300 bn for the first time in 2018, underscoring the ever-rising importance of overseas employment for the region. Major recipients such as Pakistan and the Philippines have GDPs only slightly bigger than that. [image: World Bank staff estimates, World Development Indicators, IMF Balance of Payments Statistics / Asia Times]
Read More
 Reuters_Mohamed Abd El Ghany.jpg)
Insights
22-Apr-19 Egypt will begin a rollout of its new comprehensive health insurance system in July 2019, to be rolled out over a 15-year period. the World Bank pledged USD530 million to a five-year initiative aimed at improving healthcare standards. [image: Reuters / Mohamed Abd El Ghany]
Read More
 ADCB_Handout via Thomson Reuters Zawya.jpg)
Insights
22-Apr-19 The wave of M&A in GCC financial services is needed to raise efficiencies and build the scale required to increase investments in financial technology, as payment solutions are increasingly enabled by fintech, according to Rishi Kapoor, co-CEO of Investcorp. [image: ADCB / Handout via Thomson Reuters Zawya]
Read More
 Mastercard Newsroom.jpg)
Insights
25-Mar-19 Online shopping platform Lazada and Mastercard announced a five-year partnership to develop Southeast Asia's e-commerce ecosystem. The duo will develop marketing and education campaigns to increase consumer confidence, as well as reward schemes to incentivise use of digital payments. [image: Mastercard Newsroom]
Read More
 Alizila.png)
Insights
14-Mar-19 Alipay and Barclaycard - which processes half the UK's card transactions - have collaborated to allow UK retailers to accept Alipay. 483,000 Chinese tourists will spend USD1.33 bn in 2019. The UK also has about 493,000 Chinese residents and students. [image: Alizila]
Read More
