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Insights
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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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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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]
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Insights
19-Jul-18 The UK's Independent online newspaper has entered into a Middle East strategic partnership with Saudi Research & Marketing Group (SRMG), which will see four Independent-branded sites launched in Arabic, Urdu, Turkish and Persian by the end of 2018. [image: News Champs]
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Insights
28-Jun-18 Pakistan’s absence of online payment solutions and weak consumer protection results in per-capita Internet retail spending at USD0.60, one of the lowest in the region, compared with USD871 in Korea for example. [image: Pakwired]
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