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By Prabhat Patnaik The fact that income and wealth inequalities have increased quite dramatically under the neo-liberal regime is beyond dispute. The empirical work by Piketty’s team bears out the increase in income inequality. They use income tax data to infer about the share of the top 1 per cent of the population of a […]

The post Income And Wealth Inequalities Increase Substantially Under Neoliberal Regimes first appeared on IPA Newspack.

Interest Rates Are Expected to Peak in 2023 Further Border Reopening to Bring About Market Stability HONG KONG SAR – Media OutReach – 15 December 2022 – Global real estate services firm Cushman & Wakefield announced the Hong Kong Property Market 2022 Review and 2023 Outlook today. The overall property market remained quiet in 2022 as investment and business sentiment stayed cautious, impacted by interest rate hikes […]

HONG KONG SAR – Media OutReach – 16 December 2022 – Deloitte China CFO Program conducted the second issue of 2022 China CFO Survey in September with the theme “CFO leadership in the age of digital intelligence“. The respondents are CFOs from Chinese mainland, Hong Kong SAR and Macau SAR. Economic statistics to date show that China’s economy is recovering in 2022 despite the impact of a […]

By Krishna Jha In almost every act of development, there keeps flowing an undercurrent of loss. Every beginning is based on the negation of its preceding one. One glaring example is that of global warming. There is smog, wide spread and dense, erosion destroying the course of streams and rivers that had sheltered the human […]

The post Proposed Changes In Forest (Conservation) Rules Will Hit The Dwellers first appeared on IPA Newspack.

By Anjan Roy Energy shortage could become a thing of the past and so could be the concerns about global warming if what the US scientists have achieved could really be rolled out commercially. US department of energy has announced that its scientists have at last achieved a breakthrough in “fusion technology” for generating electricity. […]

The post Fusion Technology For Generating Electricity Can Change The Future first appeared on IPA Newspack.

By Nantoo Banerjee Few manufacturing industries in India have done as consistently well as the drug industry over the last four decades. The Indian drug industry is currently ranked the world’s third largest in pharmaceutical production by volume. The production has been increasing rapidly supported by rising domestic consumption and exports. The industry has been […]

The post India Is Fast Emerging As World’s Major Pharmacy Hub first appeared on IPA Newspack.

By Arun Srivastava Six weeks are certainly not the sensible time frame to judge a new prime minister’s performance, that is too in the case of United Kingdom, which has been suffering economic malaise that has turned endemic during the decade with Conservatives in the power. But still Rishi Sunak, the first Prime Minister of […]

The post Rishi Sunak Has Taken Few Positive Steps In Stopping Economic Downslide first appeared on IPA Newspack.

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BEIJING, CHINA – Media OutReach – 12 December 2022 – Following the winners announcement of Making Matters, China Design Challenge, the British Council has organised a series of miniature showcases in Shanghai and Manchester. Under the theme of “Fall in love with the future through circular design”, the Challenge aims to explore how the principles of a circular economy can be a catalyst for creativity, collaboration and […]

HONG KONG SAR – Media OutReach – 30 November 2022 – More than 40 outstanding project teams from Hong Kong’s property and facility management sector were recognised for their achievement at the Quality Property & Facility Management Award (QPFMA) 2022 Presentation Ceremony today, with the guest of honour Ms Winnie HO, JP, Secretary for Housing of the Hong Kong SAR Government and more than 200 guests in […]

Congress leader Rahul Gandhi on Sunday said the Bharat Jodo Yatra is teaching him things that cannot be learnt “while travelling in an aeroplane, a helicopter or any vehicle”, as the march entered party-ruled Rajasthan from Madhya Pradesh to a grand welcome by party workers here. Gandhi and his fellow yatris were received at Chanwli […]

The post Rahul’s yatra enters Rajasthan with grand welcome first appeared on IPA Newspack.

Riyadh: Saudi Arabia has issued permits for 725 industrial projects worth an accumulated SR1.37 trillion ($265 billion) in the first nine months of 2022, according to data from the Ministry of

By Arun Srivastava With Narendra Modi‘s archetypal Hindutva political edifice developing cracks and the party device finding it incapable to withstand the onslaught of Congress Party’s Bharat Jodo Yatra, the BJP top leaders have preferred to adopt a more virulent and belligerent posture against Rahul Gandhi. Adopting aggressive stance is the best mechanism for both […]

The post Bharat Jodo Yatra Has Imparted Tremors In Both BJP And RSS Leadership first appeared on IPA Newspack.

Matein Khalid Was King Dollar dethroned in November? The trade weighted US Dollar Index rose 20% from June 2021 to November 2022, its biggest bullish run since the year before the Plaza Accord in 1985. The macro ballast behind the King Dollar trend gained huge momentum after the Powell Fed abandoned its “inflation is transitory” mantra and began to raise interest rates in early 2022. The US […]

By Dr. Gyan Pathak December begins with two very bad news – first, the warning by the Global Wage Report 2022-23 by International Labour Organisation (ILO)of rising inflation that has caused a striking decline in real monthly wages highlighting the urgent need for policies to prevent further poverty, inequality and social unrest, and secondly the […]

The post Real Wages Falling With Price Rise And Inflation first appeared on IPA Newspack.

By Dr. Gyan Pathak A joint forum of ten central trade unions — including, INTUC, AITUC, TUCC, SEWA, HMS, CITU, AICCTU, LPF, AIUTUC and UTUC —has decided to boycott the virtual pre-budget consultation with finance minister Nirmala Sitharaman on November 28, demanding a physical meeting with reasonable time to speak. Pre-budget consultation is an annual […]

The post Central Trade Unions Boycott Finance Ministry’s Pre-Budget Virtual Consultations first appeared on IPA Newspack.

Rahul Gandhi’s ambitious ‘Bharat Jodo Yatra’ is in the news once again, but this time for all the wrong reasons. A viral video of a wrong song being played instead of the National Anthem for a few minutes during a stop in Maharashtra on Wednesday has triggered a row, with the BJP slamming the Congress […]

The post Row over national anthem faux pas at Rahul’s yatra first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 25 November 2022 – DHL Supply Chain, the world’s leading contract logistics provider and a business division under Deutsche Post DHL Group, has appointed Mihaela Isac as its Chief Information Officer (CIO) for Asia Pacific. Mihaela was most recently Vice President of IT Life Sciences & Healthcare in North America, where she was responsible for enhancing the organization’s IT offering in transportation […]

Integrated with the HKSTP IDEATION Programme to accelerate growth for early-stage startups HONG KONG SAR – Media OutReach – 24 November 2022 – Amazon Web Services (AWS) and Hong Kong Science and Technology Parks Corporation (HKSTP) today jointly launched the “Idea Launcher” co-ideation initiative to foster and accelerate innovation and technology (I&T) development in Hong Kong through extensive support, mentoring and coaching to help early-stage startups nurture […]

PHNOM PENH, CAMBODIA – Media OutReach – 24 November 2022 – Prince Foundation, via a donation by Chen Zhi, Chairman of Prince Holding Group, has contributed US$200,000 to Cambodia Kantha Bopha Foundation (CKF). This will aid the ongoing operations of Kantha Bopha Hospitals, which provide free and quality health care to children in the Kingdom. Prince Foundation representatives and Cambodia Kantha Bopha Foundation representatives during the handover […]

The Union labour ministry has summoned Amazon India to appear before the deputy chief labour commissioner in Bengaluru on Wednesday, in connection with the alleged forced terminations by the company, according to news agency IANS. “You (Amazon) are therefore requested to attend this office with all relevant records in the matter either personally or through […]

The post Labour ministry summons Amazon India over sackings first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 23 November 2022 – Hong Kong Design Centre (HKDC) announced the awardees of DFA Hong Kong Young Design Talent Award (DFA HKYDTA). 16 young and outstanding designers from Hong Kong were selected by a professional judging panel, 13 of them will be granted with extensive financial sponsorship to work or study abroad to gain exposure to other cultures and practical […]

By Dr. Gyan Pathak Outcome of CoP27 makes a history in agreeing on setting up a loss and damage fund to help the developing countries, but failed to agree on greater actions to successfully deal with the rising temperature of the Earth, that the Paris Agreement of 2015 has set to limit to 1.5 degree […]

The post COP27 Makes History On Loss And Damage But Delays Wider Deal first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 21 November 2022 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has expanded its line of cam latches with three new products targeting specific customer use cases. Soutcho’s E5 Cam Latch series makes it possible to provide secure, […]

HONG KONG SAR – Media OutReach – 21 November 2022 – Bacteria are truly abundant across the Earth’s surface, from the soil to the oceans. The microbial population of the air that surrounds us is comparatively unknown, but a research expedition led by PolyU scientists is about to change that. After nearly a decade of effort, they have compiled a comprehensive map of the world’s airborne microbes, […]

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