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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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Foxconn plans to manufacture iPhones from Tamil Nadu, India

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27-Dec-18 Taiwanese contract manufacturer Foxconn will invest well over INR1,500 crore (USD216mn) in new production lines to manufacture certain iPhone models in its factory near Chennai. The project is expected to bring employment of over 25,000 jobs. [image: The Economic Times]

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