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India boosts Asian growth, as Latam and the Middle East look positive

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Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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Fresenius Medical Care opens office in Myanmar

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28-Jun-18 Fresenius Medicare Care, a dialysis provider, has opened an office in Yangon, Myanmar. Reforms have paved the way to expand its footprint in Myanmar, where government healthcare spending is rising but the burden of non-communicable diseases is growing. [image: Asia One]

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Alibaba and Tencent are taking the fight to Southeast Asia

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19-Jun-18 In Southeast Asia Alibaba and Tencent have spent billions to secure major equity stakes in the region’s leading tech startups. Online media, travel, ride-hailing and e-commerce will grow to USD200 bn by 2025, from USD50 bn in 2017. [image: Fortune]

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Google to invest USD550 mn in Chinese e-commerce giant JD.com

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18-Jun-18 Google will invest USD550 mn in Chinese e-commerce powerhouse JD.com as one piece of a broader partnership and as part of the US Internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. [image: Channel News Asia]

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