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HONG KONG SAR – Media OutReach – 31 January 2023 – WRISE Group is pleased to announce the launch of “WRISE Wealth Management Hong Kong” (“WRISE WM”), a technologically advanced wealth management firm for Hong Kong’s ultra-high-net-worth individuals (UHNWIs) and their family offices to ease the complexities of total wealth management. With the number of family offices increasing across the Asia-Pacific, and the market pivoting towards performance […]

By Sushil Kutty Flood ravaged, economically bankrupt and politically panned. Pakistan’s Finance Minister Ishaq Dar has found a scapegoat. God Almighty! Dar cut to the chase, saying that because Allah created Pakistan, Allah will have to get Pakistan out of the hole, make it prosper and help it develop. That is a common belief across […]

The post Pakistan’s Economic Collapse Is A Culmination Of Long Neglect first appeared on IPA Newspack.

By Satyaki Chakraborty The Brazilian President Lula, after strongly rebuffing the attempts of the former right wing president Jair Bolsonaro to foment riots to unseat the left wing incumbent,   has taken  a major step to consolidate the economic cooperation of the left leaning  ruling governments of the Latin America. The leaders of Brazil and Argentina […]

The post Brazil And Argentina Jointly Move To Develop A Common South American Currency first appeared on IPA Newspack.

By Nantoo Banerjee The best thing the Narendra Modi government’s last full budget before the next Lok Sabha election can do is to focus primarily on job creation and provide attractive incentives to large industrial investments to help push quality employment. The government has done reasonably well in the infrastructure investment sector, despite various constraints […]

The post Union Budget 2023-24 Should Focus On Jobs first appeared on IPA Newspack.

Arabian Post Staff The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the Kingdom who offered their insights on how Saudi’s strategic investments, geopolitical […]

YouBiz has launched its first white paper on spend management, with analysis of over 60,000 business transactions from over 4,500 companies, and surveys with over 160 SME executives in Southeast Asia today. The press release highlights emerging spend insights YouBiz uncovered and how spend management will be the key growth driver for SMEs in 2023. For more information on the 2023 Business Spend Insights report by YouBiz, […]

Allianz Global Corporate & Specialty (AGCS) publishes 12th annual survey of key business risks around the world, according to 2,700+ respondents Pandemic outbreak plummets down the list of worries as Covid-19 restrictions have largely been removed Climate-related concerns increase in Asia Pacific, with natural catastrophes and climate change amongst the top five risks SINGAPORE – Media OutReach – 17 January 2023 – It is both stability and […]

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HONG KONG SAR – Media OutReach – 17 January 2023 – The highly acclaimed 2022 Qianhai-Guangdong-Hong Kong- Macao-Taiwan Youth Innovation and Entrepreneurship Competition had come to a grand finale and announced its winners in both Tertiary Institutions and Secondary Schools Streams on December 29, 2022 in Hong Kong. With the competition running into its 7th year, organizers have received over 300 submissions covering 100 schools in Hong […]

Senthil Kumar joins as CEO of Asendia Singapore/South Asia and Stuart Foster joins as Managing Director of Asian Desk, APAC in January 2023 SINGAPORE – Media OutReach – 16 January 2023 – Asendia, one of the world’s leading e-commerce logistics providers, announced today the strategic hire of Senthil Kumar as CEO of Asendia Singapore/South Asia (Asendia Singapore Pte Ltd) and Stuart Foster as Managing Director of Asian […]

By Dr. Gyan Pathak India would be going downhill for the next two years, if Global Economic Prospect just released by the World Bank is of any indication. GDPs for 2023and 2024 have been revised down to 6.6 per cent and 6.1 per cent respectively, which are below 0.5 and 0.4 per cent compared to […]

The post Economic Slowdown To Haunt India The Next Two Years first appeared on IPA Newspack.

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 January 2023 – The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the year’s end. The year 2022 has been all-around eventful and fateful. Let’s give due diligence to the 10 most important events that affected the financial markets. The year 2022 has been dominated by two major issues: the extreme […]

HO CHI MINH CITY, VIETNAM – Media OutReach – 5 January 2023 – With a dim outlook for the banking industry, most securities firms expect conservative profit growth for banks in 2023. Securities firm VNDirect said the State Bank of Vietnam has increased policy rates by 200 basis points and this rate hike would inevitably put pressure on banks’ net interest margin this year as the cost […]

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

  By Satyaki Chakraborty Luiz Inacio Lula da Silva took office SundayJanuary1for a third term as Brazil’s president, in a ceremony marked by the absence of his predecessor Jair Bolsonaro and violent demonstrations by far right supporters in different parts of the country. The 77-year-old ex-metalworker, who previously led Brazil from 2003 to 2010, took […]

The post 2023 Starts With Lula’s Presidency In Brazil Amidst Big Regional Uncertainties first appeared on IPA Newspack.

By Anjan Roy If any one thing defines 2022 it is Russia’s Ukraine war. Coming close on the heels of the covid pandemic, unleashed by China’s callus and lackadaisical handling of the initial outbreak, world’s woes are brimming over. Bad luck would not come alone, in the very closing days of the year, the wildfire […]

The post Global Economy Hit By Ukraine War In 2022 Is Entering Another Uncertain Phase In 2023 first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 22 December 2022 – Amid the city-wide COVID-19 outbreak peak in H1 along with the impact of the global economic recession, the luxury residential market has not been immune to the consequences of the macroeconomic environment, with a notable drop in sales transactions in 2022, with 49% fewer HK$10M+ sales in 2022 (pro-forma as of November 2022(1)). However, Hong Kong’s […]

Matein Khalid Three millennia of Chinese history and the neonlit grandeur of Macau are a testament to the fact that passion for speculative assets is a recurrent theme across untold generations in the Middle Kingdom. Yet even I was stunned by the swiftness and intensity of the bull market in China/Hong Kong that began in late October after a sell off triggered by foreign selling after President […]

HONG KONG SAR – Media OutReach – 30 November 2022 – Top property leaders across Asia will explore investment trends and outlook at MIPIM Asia Summit 2022 on 6 and 7 December 2022 at the Grand Hyatt, Hong Kong, where the prestigious MIPIM Asia Awards Ceremony will also be presented. Characterized by worldwide recovery from the global pandemic and turbulent macroeconomic environment, 2022 is a year of […]

By K R Sudhaman World Bank has revised upwards its earlier GDP growth estimate to 6.9 per cent for India this financial year on the back of strong macroeconomic fundamentals and economic revival after Covid-19 mayhem. This is certainly music to the ears as India is perhaps a few countries looking up in otherwise gloomy […]

The post Finance Minister Must Focus On Speedy Job Generation Through 2023-24 Budget first appeared on IPA Newspack.

RIYADH: Despite macroeconomic conditions impacting the sector globally, the construction industry in the Kingdom continues to lead the Middle East and North African region, said a recent report.

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 K Raveendran Deductive logic has gone for a toss when it comes to forecasting international oil price behaviour. Defying all expectations of a spike, crude prices have hovered just about the same level as last year this time, which means the commodity is trading in the $70s range. This is quite a turnaround, given […]

The post Oil Price Behaviour Surprises With A Turnaround Despite Bullish Undertones first appeared on IPA Newspack.

By Saifur Rahman Abu Dhabi economy recorded 11.6 percent growth in the first half of 2022, compared to the corresponding period in 2021, according to a statement issued by the Statistics Centre – Abu Dhabi (SCAD), making it the fastest-growing economy in the world this year, as per available information. At the end of the first half of 2022, the real Gross Domestic Product (GDP) at constant prices exceeded […]

Arabian Post Staff In spite of the global macroeconomic headwinds and geopolitical instability, the aviation industry has maintained its consistent recovery providing a positive outlook for the year ahead, according to the ACI Asia-Pacific’s Airport Industry Outlook, a quarterly assessment of the airports’ performances. The Airport Industry Outlook for Quarter 3 2022 (July to September) provides a snapshot of airport business performance across the region as well […]

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