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India’s Adani Group partners with BASF in petrochems foray

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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]

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E-commerce giant Signa Sports United goes Asia

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10-Jan-19 One of Europe’s leading online sports and outdoor platforms enters into a strategic partnership with Aeon Co. from Japan and Central Group from Thailand. According to Signa, both are “Asia’s largest retailers”. [image: Signa Sports United]

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China’s billions are powering Latin America’s tech boom

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08-Jan-19 With growing emphasis on telecommunications, Chinese investment is increasingly the primary fuel behind Latin America’s tech boom. Beijing wants deals with countries that are resource-rich and have growing consumer demand, such as Colombia, Mexico, Argentina, Chile, Peru and Brazil. [image: Nelson Ching / Bloomberg]

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Raffles Medical Group opens its first China hospital in Chongqing

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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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India and Egypt rare bright spots amid stalled growth in emerging markets

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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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