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By K Raveendran Like it or lump it: the Chinese have more influence on you and me than what we are ready to admit. Apparently, the world is increasingly revolving around China, a proposition that the West used to boast. Whether it is the outbreak of coronavirus in Wuhan that brought the world down, or […]

The post China Retains Its Overbearing Influence On Global Economy first appeared on IPA Newspack.

By James M Dorsey The question for Saudi Arabia and Pakistan is not whether either country will recognise Israel but when and who will go first. For the past two years, Saudi Arabia was believed to want a Muslim state in Asia, home to the world’s three most populous Muslim majority countries, to recognise Israel […]

The post Pak Recognition Of Israel Is A Matter Of Time first appeared on IPA Newspack.

Improved Infrastructure Narrows the Price Gap Between Urban Areas and NT Q2 residential transactions are expected to increase by 48% q-o-q to reach 14,900 cases, decline in prices has moderated Railway infrastructure and transportation continue to be robustly developed, anticipated to enhance and shorten travelling times, and is expected to bring up property prices in the New Territories, with growth potential to outperform urban prices We expect […]

VICTORIA, SEYCHELLES – Media OutReach – 14 June 2022 – Bybit, one of the fastest growing crypto exchanges in the world, launched today its first-ever Bear Market Guide, an educative resource to help investors navigate through the volatile times that cryptocurrencies and equity markets are facing, overcoming the turbulence by researching and potentially taking advantage of possibilities to stay ahead of the bear market. Featuring a contemporary […]

By Anjan Roy Unabated rises in food and fuel prices have kept India’s retail inflation at elevated levels. Even without getting into the nitty-gritty of detailed figures, the price trend are hurting and needs to be tamed if only for maintaining overall stability. Several questions are now cropping up: first of all, how defiant are […]

The post Food Prices Have Gone Up To Unbearable Levels For Common People first appeared on IPA Newspack.

Ever wondered why it’s so easy to spot a luxury car in Dubai? Many people in the emirates rent or own these cars rather easily. Find out the reasons behind this. Dubai is a desert city where you can readily find and spot some of the world’s most expensive luxury vehicles parked at traffic signals or prowling the streets. Some of the trendiest and costliest luxury and supercars […]

By Nantoo Banerjee There is nothing to be surprised about the continuous exit from the Indian stock market by foreign portfolio investors (FPIs). It has been going on for the last several months. The market is overheated. It has been out of sync with the country’s economic growth since 2017 and corporate performance in general. […]

The post Foreign Portfolio Investors Find Indian Market Hot first appeared on IPA Newspack.

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By K Raveendran Like all other investment instruments, weaker investor interest has affected gold prices as well.  There has been bi-directional equity volatility in recent times, but this has failed to support gold prices as short term momentum waned. Gold fell 3.8 percent  in May this   year  leaving it just under 2 percent higher on […]

The post High Inflation, Rate Hikes Add To Gold’s Appeal Both As Hedge And Asset first appeared on IPA Newspack.

COVID-19 Pandemic and Mass Migration Wave Triggers Surge in Business Start-ups HONG KONG SAR – Media OutReach – 13 June 2022 – The fifth wave of Covid-19 has swept Hong Kong, the unemployment rate climbed to a ten-month high of 5.4 per cent, and more than 200,000 people were out of work. The livelihood consumption and tourism-related sectors have been severely affected, especially the retail, accommodation, and […]

SINGAPORE – Media OutReach – 13 June 2022 – After months of product development and beta testing, local on-demand logistics platform JustGo Singapore announced that it has officially launched its tipper truck booking app in Singapore. Founded in 2021, JustGo’s vision is to transform the construction industry by adopting new technologies, overcoming the stigma that the industry is failing to keep up with technological advances. With the […]

Wine Distributor Partners with SOLARR to Offer Redeemable NFT for Physical Wine HONG KONG SAR – Media OutReach – 9 June 2022 – Grand Cru Cellar (GCC), one of the largest wine importers and distributors in Hong Kong, announced plans to enter into the Non-fungible token (NFT) space, making it the first wine distributor in Asia to offer a wine NFT. The strategic move is set to […]

Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit and secure International Monetary Fund (IMF) bailout money. The nation of 220 million people is facing a balance of payments crisis, with foreign reserves […]

The post Pakistan to ban new car purchases to secure IMF bailout first appeared on IPA Newspack.

By Dr. Gyan Pathak Surging food costs in South Asia, a region populated by more than one-third of the global poor and where one-fifth of calories come from wheat products, pose significant challenges to poverty alleviation and food security. The World Bank’s projection of downside risks to the economic outlook of the region presents even […]

The post Surging Costs Of Food Pose Significant Challenge In South Asia first appeared on IPA Newspack.

First AI Automatic Trading Robot in Hong Kong with Easy Access to Cryptocurrency Market HONG KONG SAR – Media OutReach – 9 June 2022 – Cryptocurrency has always been accused of being a lesser-known investment tool, the general public does not know much about it, and some people even misunderstand that Bitcoin is the only option of cryptocurrency. In recent years, as several cryptocurrencies continue to hit […]

By Sanjay Roy The possibilities of persistent inflation seem to be looming large and a resultant contraction in demand primarily because of a cost-of-living squeeze is going to impact the growth rate, the forecast of which undergoes a downward revision in recent rounds by most rating agencies. The Russia-Ukraine war and the consequent rise in […]

The post High Inflation Is Eroding The Real Wages Of The Working People In India first appeared on IPA Newspack.

Maharashtra Chief Minister Uddhav Thackeray on Wednesday said that because of the BJP, the country had to face an embarrassing situation at the international level as it was “brought to its knees and was forced to apologise” by the Gulf countries over the controversial remarks made by a BJP spokesperson on Prophet Mohammad. Addressing a […]

The post Uddhav says BJP forced to kneel down before the world first appeared on IPA Newspack.

By Anjan Roy Reserve Bank of India has done a delicate pirouette in formulating its monetary policy in the context of extreme volatility and uncertain turn of events. All that RBI has done on Wednesday is to raise the policy interest rate —called the repo rate— by half a percentage point.  This rate hike comes […]

The post Rise In Interest Rate By RBI Again Is A Part Of Its Plan To Deal With Global Headwinds first appeared on IPA Newspack.

Cellini announces the opening of its sixth outlet at The Centrepoint. Cellini’s new store will open its doors this June and will make its mark amongst other retail businesses in the iconic Orchard Road, Singapore. In addition to its furniture selection boasting exquisite craftsmanship and characteristic designs, the new boutique will offer up to 60% off storewide in celebration of the launch. SINGAPORE – Media OutReach – […]

By Nantoo Banerjee It is a matter of serious concern that India’s public debt level is among the highest in emerging economies while the country’s debt affordability is among the weakest. Generally, the average threshold limit prescribed for public debt-to-GDP ratio is 77 percent with each additional percentage point of debt costs 0.017 percentage points […]

The post India’s Public Debt Level Is Too High To Become Comfortable first appeared on IPA Newspack.

Booking with a professional property manager can be the difference between a glorious trip and a nightmare, especially if you’re among the 60% of people who travel one to two times a year. Are you planning on renting out your house through Airbnb to make some extra money this summer? If so, you probably want to make sure that you choose an Airbnb property manager who has […]

By Dr. Gyan Pathak In the absence of adequate social security for migrant workers, their rural households of largely left-behind women supported millions of migrant workers when they returned after the COVID-19 pandemic struck the country and induced a severe recession that also rendered small traders and operators of microenterprises destitute and reduced the incomes […]

The post Workers, Small Traders, Enterprises, And Farmers Rendered Destitute first appeared on IPA Newspack.

By Dr. Shilpi Bhattacharya Do the Adani Group’s recent acquisitions of cement (63.19 per cent stake in Ambuja Cements and 54.5 per cent in its subsidiary ACC) and media (49 per cent stake in Quintillion Business Media) companies raise concerns for the Competition Commission of India (‘CCI’)? Media reports have said that they are unlikely […]

The post Gautam Adani’s Buying Spree Merits A Rethink In India’s Competition Law first appeared on IPA Newspack.

By Prabhat Patnaik Central banks all over the capitalist world are raising, or are about to raise, interest rates as a means of countering the currently rampant inflation, which is certain to push a world economy that is barely recovering from the effect of the pandemic, back towards stagnation and greater unemployment. Of course the […]

The post Neo-Liberal Economic Agenda Can Never Tackle Inflationary Pressures first appeared on IPA Newspack.

From 3 June to 3 July 2022, enjoy huge savings on all your favourite iShopChangi products with the much-anticipated iShopathon. Make the most of attractive offers on health, beauty, homewares, electronic goods and more! SINGAPORE – Media OutReach – 3 June 2022 – Bringing you some of iShopChangi’s most generous discounts to date, iShopathon by iShopChangi comes packed with site-wide flash sales, Manic Monday promotions, live streams […]

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