By Dr. Gyan Pathak The unprecedented rise in temperature touching 40 degree Celsius, in parts of India in February, which is technically a winter month, has threatened not only the food security of the country but also various sectors of the economy – ranging from availability of potable water to electricity impacting almost all aspects […]
The post Unprecedented Rise In Temperature Threatens Food Security first appeared on IPA Newspack.
By K Raveendran The global electric vehicles (EV) industry is facing a slow down after two years of vigorous growth. The trend is also getting reflected in the Indian industry. Globally, this is forcing manufacturers to cut prices and India does not seem to be an exception. According to Rystad Energy EV specialists, from the […]
The post Dip In Demand, Tax Changes Prompt Price Cuts By Global EV Industry first appeared on IPA Newspack.
By Ashis Biswas There has been no negative impact in Bangladesh of recent disclosures made by the short seller US-based Hindenburg Research group, about an alleged stock market manipulation by the Adani group: A Bangladeshi Minister has confirmed that Bangladesh will receive its first supply of 750 Megawatts from an Adani-built power plant at Godda, […]
The post No Adani Affairs Impact On Indian Power Supply To Bangladesh first appeared on IPA Newspack.
By K Raveendran Nirmala Sitharaman’s budget has played truant with the gold trade, which is in the throes of a crisis for what the finance minister has not done rather than any act of commission in her last full-fledged budget of her current tenure. The gold trade had been looking for a cut in the […]
The post Budget Shock Tricks Gold Trade, Imports Plunge To 32-Month Low first appeared on IPA Newspack.
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 […]
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 […]
100 per cent increase in tobacco duty, consider a tax on non-recyclable plastic products Offer a two-tiered e-consumption vouchers with a target disbursement period in the first half of 2023, with HK$2,000 as the base amount for all eligible Hong Kong residents, and an additional HK$6,000 for underprivileged groups (in total HK$8,000) Maintain the HK$10,000 tax rebate on salaries tax and increase tax allowances HONG KONG SAR […]
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 […]
By Nantoo Banerjee With government banks and financial institutions involved in massive funding in the lately stock-crashed Adani group enterprises, legislators from India’s main opposition parties are understandably concerned. Last week, even the Supreme court sought to know from the government and market regulator the steps needed to improve the regulatory and statutory mechanisms to […]
The post Debt-Heavy Adani Group May Take Time To Overcome That Sinking Feeling first appeared on IPA Newspack.
By K Raveendran In a desperate bid to defend Adani, an orchestrated attempt is being made to present shorting as something undesirable and even abominable. Adani himself has tried to pretend that the action by US investment firm Hindenburg in exposing the irregularities in his group’s accounting practices as an attack against India and the […]
The post Shorting Being Made Scapegoat For Adani Group’s Woes Due To Malpractices first appeared on IPA Newspack.
By James M Dorsey A recent survey of Iranian public opinion suggests that the lack of confidence in a Middle Eastern regime is starkest in Iran, although crisis-wracked Lebanon, Egypt, or Syria may compete. Surveyed in late December by the Netherlands-based Gamaan Institute, an overwhelming majority of the 158,000 respondents in Iran and 42,000 Diaspora […]
The post Survey Finds Iran To Be Ripest Country In Middle East For A Revolution first appeared on IPA Newspack.
By K Raveendran Further hikes in steel prices are in the offing as upside risks in the global markets have strengthened in recent weeks. Faced with a decline in global production, manufacturers across the world are raising their prices. Indian steel mills have already effected a 3-5 percent increase in prices across the board, with […]
The post Reversal Of Fortunes For Steel Industry As Price Increase Picks Up Momentum first appeared on IPA Newspack.
By Kalyani Shankar How does one assess the impact of Congress leader Rahul Gandhi’s just completed Bharat Jodo yatra? Has he achieved his goal vis-a-vis himself, his party and the Opposition? The answer is yes; he has partially succeeded in his image makeover. But about the Party and the Opposition, it is too soon to […]
The post After Yatra’s Success, Rahul Gandhi’s Main Task Should Be To Energise The Congress first appeared on IPA Newspack.
By Nantoo Banerjee The Russia-Ukraine war will complete a full year on February 23, this year. And, there is no sign of the war coming to an end any time soon. In fact, the armed conflict between the two East European neighbours is becoming deadlier by day. As of January 29, this year, the UN […]
The post West Unlikely To Stop Fuelling Russia-Ukraine War Soon first appeared on IPA Newspack.
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 James M Dorsey Prime Minister Binyamin Netanyahu has put Israel’s closest allies and some of his key partners on the spot. So has a generation of Palestinian youth that has nothing to lose and no longer sees fruitless engagement with and acquiescence of the Jewish state as a means of realizing their national and […]
The post Israelis And Palestinians Do What They Do Best, But For Wrong Reasons first appeared on IPA Newspack.
#beyourbestlover this February as iShopChangi celebrates the month dedicated to love with a myriad of exciting offers to indulge in. Enjoy up to 75% off in sitewide discounts, on top of hard-to-miss deals! SINGAPORE – Media OutReach – 1 February 2023 – From 1 to 28 February 2023, prepare to be enamoured as iShopChangi celebrates romance and self-love this season. With flash sales, exclusive curated gifts and […]
By K Raveendran With China slowly reopening after it abandoned the zero-Covid policy, global markets are bracing up for an industrial inflation, denoting higher industrial material prices. Already signs of importers of Chinese goods and materials having to dish out more for their requirements are visible, according to analysts. China’s zero-Covid policy has been central […]
The post China Reopening Changing Market Dynamics Impacting Importers first appeared on IPA Newspack.
By P. Sreekumaran THIRUVANANTHAPURAM: It has become a nauseatingly unredeemable tale of rejection and rebuff for Kerala. True to pattern, the State has once again been given the cold shoulder in the Union Budget. None of the demands made by the state have been accepted. The only silver lining has been the decision to increase […]
The post Union Budget 2023-24: Kerala Again Cold Shouldered first appeared on IPA Newspack.
By Dr. Gyan Pathak Union Budget 2023-24 is deceptive. The very presumptions of revenue and growth are overestimated, promises made are too high to be realized, allocations made are inequitable for different sectors as well as social groups, and the higher allocations made for certain sectors are being energetically overplayed. If the Indian Economy is […]
The post Deceptions In Plenty In The Union Budget 2023-24 first appeared on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 3 February 2023 – Colony Coworking Space, a leading provider of flexible office solutions, has just announced the introduction of their new “Best Price Guarantee” for private offices at its wholly-owned Jerry Coworking Space. With this guarantee, businesses and entrepreneurs can show Jerry Coworking Space their best competing price of any coworking space in Klang Valley, and Jerry Coworking Space […]
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 […]
