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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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19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]
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13-Jun-19 Bangladesh's Finance Minister AHM Mustafa Kamal proposed to provide a two percent incentive on money remitted by expatriate Bangladeshis. "This will significantly increase the remittance inflow through legal channels and discourage the 'hundi' business," he said. [image: UNB]
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10-Jun-19 With unsold inventory and production cuts reflecting an automotive market slowdown, the Indian auto industry is upset with government's ambitious targets for bringing in electric mobility in the two- and three-wheeler segments. [imae: iStock]
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02-Jun-19 With incipient regulatory changes in China on Indian drug imports, Dr Reddy's has identified about 70 products to be launched in a few years and is also planning to build a new plant very close to its existing one. [image: The Economic Times]
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