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By Prabhat Patnaik For a large part of the dirigiste period, the gross domestic product of the Indian economy grew at a rate of around 4 per cent per annum or less, which, though an improvement compared to the colonial era that had witnessed virtual stagnation, was not very impressive. This low steady growth over […]

The post Conditions Of Working People Will Be Worse Under ‘Hindu Rate Of Growth’ first appeared on IPA Newspack.

Building on their Fast-100 listing in Australian Financial Review 2022 SINGAPORE – Media OutReach – 17 March 2023 – On March 15th 2023, Adaptovate has been listed on the Financial Times and Statista High Growth Companies Asia Pacific list for 2023. Alex Rebkowski and Doug Ross ADAPTOVATE co-founders, senior partners and managing directors The 5th edition of the FT High-Growth Companies Asia-Pacific 2023 was released online on […]

Virtuos is set to become the largest game development company in Vietnam as Glass Egg aims to grow its Dalat team to 50 with local talent by the end of 2023, building upon its success in HCMC. SINGAPORE – Media OutReach – 17 March 2023 – Glass Egg – a Virtuos Studio today announced the launch of its 2D and 3D art production studio in Dalat, Vietnam. […]

SINGAPORE – Media OutReach – 16 March 2023 – In a digital-first world, enterprises are generating data at breakneck speed as they integrate technology into all areas of the business to adapt to market and digital disruptions. Over the last few years, market changes in the automotive sector have created a growing value gap between manufacturers and consumers. Industry disruptions such as changing customer digital behavior, stricter […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 16 March 2023 – Kenanga Investors Berhad (“Kenanga Investors”) received five awards at the Refinitiv Lipper Fund Awards 2023 (“Awards”). The firm was recognized for its exceptional performance and was awarded best Mixed Assets – Malaysia Pension Funds Group for the fourth consecutive time From left to right: Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors […]

LONDON: The Organization of the Petroleum Exporting Countries has further raised its forecast for Chinese oil demand growth in 2023 due to the relaxation of the country’s COVID-19 curbs, although it

By K R Sudhaman It is now clear that Chinese data are quite overstated and the Chinese economy now at over $18 trillion as officially announced, is grossly overestimated. Recently reports appeared in some newspapers including popular Hong Kong-based South China Morning Post, to suggest that Chinese growth figures were exaggerated by two percentage point […]

The post Is Chinese Economy As Large As It Is Projected To Be? first appeared on IPA Newspack.

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By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]

A 10-year lease on the facility will continue to grow GEODIS’ presence in China and offer logistics solutions for the growing e-commerce industry SHANGHAI, CHINA – Media OutReach – 15 March 2023 – GEODIS, a global leader in the transport and logistics sector, has signed a 10-year lease agreement with PRD Group for a 20,000 square-meter multi-user facility in Minhang district, Shanghai. The facility is set to […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China, held its first network conference for its BEST Malaysia and Singapore’s business partners in Kuala Lumpur, Malaysia. About 200 of Malaysia and Singapore BEST business partners were presented for this one-day event. Johnny Chou, the […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Goldwater International Limited is pleased to announce the launch of a one-stop wealth management service that includes technology adoption and flexible mandates. We manage the financial and non-financial assets of our valued customers by formulating personalized and reliable trust solutions, achieving comprehensive personal and family protection, retirement planning, and long-term asset arrangements Many high-net-worth individuals have […]

By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Prudential plc (“Prudential”) today announced that Prudential’s shares, which trade on the Stock Exchange of Hong Kong, are now included in the Shanghai-Hong Kong Stock Connect programme. The expansion comes after Prudential’s inclusion in the Shenzhen-Hong Kong Stock Connect programme and the Hang Seng Composite Index last year. James Turner, Group Chief Financial Officer, Prudential said: […]

Chiang Mai, Thailand and Da Nang, Vietnam offices are now in service HONG KONG SAR – Media OutReach – 13 March 2023 – International logistics service provider Dachser today announced the openings of its two new offices in Chiang Mai, Thailand and Da Nang, Vietnam. The new offices further expand the company’s footprint and strengthen its position in the region to serve growing customer demands, especially from […]

RIYADH: Saudi Arabia’s Ministry of Economy and Planning has partnered with Riyadh-based private consultancy firm Mukatafa to improve the Kingdom’s development plans and enable sustainable growth. As

By Harihar Swarup On August 15, 2047, India will turn 100. A hundred years of giant strides to becoming the world’s largest democracy and an economic superpower. Morgan Stanley, one of the most influential companies in the world, said last year that three mega global trends, global off shoring, digitalization and energy transition, are setting […]

The post India’s Growth Story Must Include People With Disabilities first appeared on IPA Newspack.

By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]

The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.

By Pradeep Kapoor LUCKNOW: The body language of the Leader of the Opposition in Uttar Pradesh assembly, Akhilesh Yadav during recently concluded budget session of UP Legislature made it clear that Samajwadi Party was very serious to put up challenge to ruling BJP in 2024 Lok Sabha polls. Akhilesh Yadav launched attack on Yogi government […]

The post Samajwadi Party Is Preparing To Put Up Serious Challenge To BJP In Lok Sabha Polls first appeared on IPA Newspack.

Arabian Post Staff The real estate market in Dubai saw a surge in off-plan property sales in February 2023. According to Allsopp & Allsopp’s proprietary data, there has been a 42.1% increase in off-plan property sales compared to the same period last year. This rise in demand for off-plan properties is a positive indication that the Dubai property market is gaining momentum and confidence in the future […]

SINGAPORE – Media OutReach – 10 March 2023 – SPTel, a joint venture company of ST Engineering and SP Group, today announced the launch of Singapore’s first sensor network powered by LoRaWAN. Leveraging SPTel’s pervasive hubs in Singapore, SPTel’s Sensor Network is a first-of-its-kind network built for national scale starting with the heartlands to increase the accessibility of IoT technologies and sensors for business applications, government projects […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline. However, MYR only lost 6.5% over the past […]

By K R Sudhaman The ruling Bharatiya Janata Party may be upset by the utterances of noted economist and former RBI governor Raghuram Rajan that India may be heading towards Hindu rate of economic growth meaning the economy is drifting towards an era of low growth. But this is something worth pondering over by the […]

The post Is India Heading Towards Hindu Rate Of Low Growth As Raghuram Rajan Says? first appeared on IPA Newspack.

MANILA, PHILIPPINES – Media OutReach – 9 March 2023 – GCash president and CEO Martha Sazon bannered the top Philippine e-wallet’s financial inclusion story at a keynote speech for the Mobile World Congress (MWC) in Barcelona. Before a global audience of industry leaders, Sazon highlighted that, “GCash is now a National Champion that helps transform a nation, and gives hope to many Filipinos. Powered by game-changing innovation, […]

Shariah-compliant fund offers diversity, sustained growth and stability to face dynamic market conditions KUALA LUMPUR, MALAYSIA – Media OutReach – 9 March 2023 – abrdn today marked the 10th anniversary of abrdn Islamic World Equity Fund. The fund is well diversified across multiple sectors and countries, providing investors with a combination of growth and stability in sectors such as IT, communications, consumer discretionary and health care. Gerald […]

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