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Remittance and migration flows foil ranking

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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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Philippines first in Southeast Asia to offer 5G to consumers

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 Insights

01-Jul-19 Globe Telecom's Globe At Home Air Fiber 5G postpaid plans for residential users in the Philippines will be available in selected areas of the country from July 2019. Globe Telecom is utilizing Huawei equipment for its 5G network. [image: Globe Telecom / Lowyat]

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East and South Asia buoyant as other regions play catch-up

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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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