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News Category: Business & Finance

Despite global slowdown, Asia’s economies show resilience and growth for 2023 – according to Asia House’s Annual Outlook

By asianet

Asia can defy a global economic slowdown in 2023 through an acceleration in digital transformation, greater regional coordination, and balanced monetary policies, according to new research from the London-based think tank, Asia House. The Asia House Annual Outlook 2023 [https://asiahouse.org/wp-content/uploads/2023/01/asia_house_annual_outlook_2023.pdf] examines how Asia’s economies can prevail and deliver robust growth through increased domestic demand for … Continued

Manulife and World Economic Forum Announce Global UpLink Innovation Challenges to Spur Nature-based Solutions to Climate Change

By asianet

Efforts will surface and scale innovative solutions that strengthen sustainable forestry and improve health and well-being. Manulife and the World Economic Forum (“the Forum”), announced the launch of two Innovation Challenges in 2023 through UpLink, the Forum’s open innovation platform. The partnership was announced at the Forum’s Annual Meeting in Davos and aims to engage … Continued

Maharashtra CM Eknath Shinde generates $17 billion of investment at WEF

By asianet

One of the largest investment commitments aims to generate over 101,389 jobs in the manufacturing, hi-tech, renewables and food processing sectors The Chief Minister of Maharashtra, Shri Eknath Shinde, concluded his World Economic Forum 2023 (WEF) meetings at Davos, on a successful note, paving the way for accelerated growth for Maharashtra and India. Shri Shinde’s … Continued

Guotai Junan, Bloomberg forge strategic partnership to serve higher quality opening-up of China’s capital market

By asianet

Guotai Junan Securities and Bloomberg L.P. signed on Monday strategic collaboration pacts to better seize opportunities in the higher quality opening-up of China’s capital market. The Chinese securities broker will thoroughly leverage its core capacity and advantages in comprehensive services platforms, digital technology and prudent compliance culture to forge pragmatic, profound and new cooperation modes … Continued

Chief Minister of Maharashtra, Eknath Shinde lines up MOUs in excess of $17 billion with investors, during visit to the World Economic Forum

By asianet

The Chief Minister of Maharashtra, India, Shri Eknath Shinde, has lined up 21 Memorandums of Understanding (MOUs) with leading foreign investors and global companies, worth over $17 billion, at the World Economic Forum (WEF). The investments are estimated to create more than 66,500 jobs over the next few years. These investments are aimed at jumpstarting … Continued

Purple Quarter Appoints Ex-Alibaba/Lazada, Ved Prakash, as Regional CEO

By asianet

– A step to bridging the gap between companies and tech leaders in international markets Global Bespoke CTO Search Firm, Purple Quarter [https://www.purplequarter.com/] today announced Ved Prakash as the Regional CEO to oversee its operations in the newly expanded APAC, Europe and US markets. The appointment is a strategic move to onboard a versatile leader … Continued

GOVERNMENT OF MONGOLIA: MONGOLIA BECOMES THE FIRST SINGLE-B RATED ISSUER FROM ASIA-PACIFIC TO SUCCESSFULLY ENTER THE INTERNATIONAL DEBT MARKETS IN 2023

By asianet

– Country’s budget deficit reduced by 60% – Bond issue four times oversubscribed Mongolia’s flagship New Recovery Policy has ensured that the country has eliminated the risk of a default, the country’s Minister of Finance has announced. In a press briefing, B. Javklan said that due to the implementation of the country’s New Recovery Policy, … Continued