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By Anjan Roy So much for the much vaunted solidarity in the free world. The liberal and democratic nations of western Europe and America had vowed they were all standing firmly behind the besieged Ukraine to defend the free world against alleged Russian autocracy. The wide-ranging sanctions against Russia are starting to bite the western […]

The post French President Macron’s Visit To China Divides Western Nations On Ukraine Issue first appeared on IPA Newspack.

By K Raveendran With the US Federal Reserve set to continue raising interest rates to combat record inflation rates, the highest in 40 years, there are calls that the Reserve Bank of India deviate from its traditional policy of mirroring the US interest rate hikes. The RBI has effected six consecutive rate hikes despite an […]

The post It May Be Time For RBI To Decouple From Policies Set By U.S. Federal Reserve first appeared on IPA Newspack.

By K R Sudhaman Global debt and recession are two major challenges afflicting many parts of the World, particularly the global south. India, which heads G 20 this year, has a great responsibility to work with member countries to find a solution to these problems. In this connection, India’s G20 Sherpa Amitabh Kant is right […]

The post Global South Is Looking To India To Find Ways To Deal With Debt Crisis first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 27 March 2023 – Sharp falls in inflation to leave behind some of the recent challenges for the global economy. Central banks approaching the end of the tightening cycle partly as a response to recent tensions in the banking system. Easing supply chain pressures and resilient labour markets to support recovery but uncertainty about the outlook remains high. KPMG forecasts world GDP […]

Key priorities for the year include bridging Singapore’s protection needs and financial gaps amidst rising inflation, enhancing the digitalisation journey for consumers and the industry, and supporting Singapore’s sustainability agenda SINGAPORE – Media OutReach – 23 March 2023 – The Life Insurance Association, Singapore (LIA Singapore) today announced the newly elected members of its Management Committee at the Association’s Annual General Meeting (AGM) and annual luncheon held […]

PARIS: French President Emmanuel Macron said Wednesday that the pension bill that he pushed through without a vote in parliament needs to be implemented by the “end of the year.” Macron, who made the

A Resilient Performance In 2022, Well Positioned For Opportunities In 2023 And Beyond HONG KONG SAR – Media OutReach – 15 March 2023 – Performance highlights for the continuing business on a constant (and actual) exchange rate basis1 APE sales2 up 9 per cent (5 per cent) to $4,393 million with both agency and bancassurance channels delivering APE sales growth in the second half of 2022 New […]

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By Arun Kumar India’s per capita income, representing the average income of an Indian citizen, has risen from INR 79,000 in 2013–14 to INR 1,71,000 in 2022–23 — an increase of 116 percent. Therefore, some claim that incomes have more than doubled in India since the present ruling dispensation took office. The catch is that: […]

The post Indian Economy Is Showing Rising National Income With Decline In Social Welfare Of People first appeared on IPA Newspack.

Matein Khalid There was no way Uncle Sam was going to allow a mass extinction event to destroy thousands of VC funded tech and life science startup to be wiped out due to the collapse of Silicon Valley Bank (SVB). The “flight to quality” trade, illustrated by a steep plunge in the yield of the 2 year US Treasury note from 5.07% last Wednesday to 4.35% is […]

By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]

The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.

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: […]

HONG KONG SAR – Media OutReach – 8 March 2023 – Atradius, a global trade insurance leader, has today released its 2023 Regional Economic Outlook report, setting out growth forecasts for key economies in Asia, including the outlook for a newly reopened China, and offering a long-term view on the risks of geo-economic fragmentation resulting from ongoing supply chain reconfigurations and geopolitical tensions. Please find below the […]

Shopee announced several platform enhancements, including more cross-category synergies, and the expansion of our brand intellectual property (IP) portal SINGAPORE – Media OutReach – 17 February 2023 – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, held its annual Shopee Brands Summit 2023 yesterday. Themed ‘Sailing Through Evolving Seas: Winning with Consumers in E-Commerce’, this year’s summit focused on how brands can adapt to a […]

The economy of the oil-rich Abu Dhabi, which has proven crude oil reserve of 97 billion barrels, has recorded 10.5 percent growth in the first 9 months to a record Dh830 billion in 2022, according to a statement by Statistics Centre – Abu Dhabi (SCAD). Non-oil sectors contributed 50.3 percent to Abu Dhabi’s Gross Domestic Product (GDP), with an increase of Dh39 billion compared to the same […]

Singapore fintech investments bucked global trend, up 22 percent to US$4.1 billion in 2022, from US$3.4 billion the previous year. Top three investment areas in Singapore were Crypto/Blockchain, Payments and Wealthtech. Global fintech market attracts U$164.1 billion across 6,006 deals in 2022 – a strong showing despite falling from the high of US$238.9 billion seen in 2021. Top three fintech investment areas globally are Payments, Crypto/Blockchain and […]

Hong Kong S.A.R – Media OutReach – 14 February 2023 – The year 2023 starts with good news on the macroeconomic front. First, Europe has avoided a recession that looked long promised. Efficiency gains and the slowdown in activity have led to a sharp drop in energy prices and thus a welcome slowdown in inflation. Finally, the prospect of a rebound in China in the second half […]

SINGAPORE – Media OutReach – 10 February 2023 – AGON by AOC – one of the world’s leading gaming monitor1 and IT accessories brands – presents the new G-Menu software suite for the management of all AGON by AOC-branded peripherals – ranging from monitors to keyboards, mice, headsets and mouse pads. AGON by AOC’s gaming portfolio, renowned for its award-winning monitors, has been broadened over the last […]

By Arun Srivastava It is for the first time in the history of the RSS, the proponent of politics and philosophy of Hindutva, that it has come out in the favour of a capitalist. The reason is simple: to protect the interest of its political front, the BJP, and its public face, Narendra Modi. The […]

The post India’s Crony Capitalism Thriving With Tacit Support Of State Power first appeared on IPA Newspack.

Industry’s first O-RU vendor to support the NB-IoT and LTE-M technologies Expand O-RU portfolio to support TDD technology HONG KONG SAR – Media OutReach – 8 February 2023 – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, SEHK stock code: 2342) – Comba Network Systems Company Limited (“Comba Network”), a subsidiary of the Group, today announced significant feature enhancements across the OpenRadio® product portfolio, including […]

HONG KONG SAR – Media OutReach – 6 February 2023 – Asendia, one of the world’s leading e-commerce logistics providers, today announced the strategic hire of Joshua Mclarin as CEO of Asendia Hong Kong/ North Asia. This is a major milestone for Asendia as Joshua will bring his expertise into helping Asendia cater for the growing market needs since its presence in North Asia in 2012. Joshua […]

The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: rising interest rates, an ongoing inflation shock, and, as a result, falling stock markets and a strengthening dollar. KUALA LUMPUR, MALAYSIA – Media OutReach – 6 February 2023 – The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: […]

By Dr K R Shyam Sundar The Economic Survey (ES) 2022-23 prepared the ground for the focus points in the Union Budget 2023-24 presented on February 1… Labour law reforms were implemented. It is not a question of the Union Government’s failure. It is the duty of the Union Government to pass laws and frame […]

The post 2023-24 Budget Keeps Key Issues Of Indian Workers Unaddressed first appeared on IPA Newspack.

By Saifur Rahman The International Monetary Fund (IMF) this week approved a 42-month credit line of US$4.7 billion including US$3.3 billion under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as US$1.4 billion under the newly created Resilience and Sustainability Facility (RSF). This approval enables the immediate disbursement of US$476 million. Bangladesh is the first Asian country to access the RSF. “The 42-month […]

By Dr. Gyan Pathak “The fundamentals of the Indian Economy are sound as it enters its Amrit Kaal, the 25-year journey towards its centenary as a modern, independent nation. Policies pursued carefully and consciously to ensure …” was of course noisy and highly opinionated statement of the Economic Survey 2022-23, but the Union Budget 2023-24, […]

The post Union Budget 2023-24 Is Not Fair To The Vulnerable Sections first appeared on IPA Newspack.

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