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India Covid: Economy sees record growth during deadly wave

India’s economy rebounded at a record rate in the three months to the end of June even as a devastating second wave of Covid-19 hit the country. Looser pandemic curbs allowed for more economic activity compared to the country’s first nationwide lockdown in 2020. Gross domestic product (GDP) grew by 20.1% for the April to […]

How India is closing trade deals faster than ever

30% of Malaysians expected to be vaccinated against COVID-19 next year: PM Muhyiddin

A total of 9.6 million people or 30 per cent of Malaysia’s population are expected to be vaccinated against COVID-19 next year, Prime Minister Muhyiddin Yassin said on Saturday (Nov 28).  He noted that the government has signed two agreements for the procurement of COVID-19 vaccines… To read more: https://www.channelnewsasia.com/news/asia/covid-19-malaysia-vaccine-30-per-cent-population-muhyiddin-13657684 SOURCEl CNA

MyDIGITAL Corporation, Petrosains Inks MoU to Drive MDEB and 4IR

Battle of the COVID-19 vaccines

By Charles F. Moreira, Editor As mentioned in our earlier article, China-based biotechnology companies are amongst the first worldwide to have begun phase III clinical trials of their  domestically developed COVID-19 vaccines, with China National Biotec Group (CNBG) and Sinovac expecting their vaccines to be ready for public use by the end of this year. […]

China’s trade with Belt and Road countries enjoys robust growth

CHINA’S COVID-19 VACCINES EXPECTED TO BE PUBLICLY AVAILABLE BY YEAR END

By Charles F Moreira, Editor Two of China’s companies, China National Biotec Group (CNBG) and private Sinovac Biotech showcased their respective domestically developed COVID-19 vaccine candidates at the China International Fair for Trade in Services (CIFTIS) in Beijing over the 5 and 6 September 2020 weekend. According to the World Health Organisation (WHO) website, as […]

China’s trade with Belt and Road countries enjoys robust growth

Commentary: Malaysia goes slow on COVID-19 reopening for good reason

Four months have passed since I first highlighted the underappreciated success of Malaysia’s COVID-19 response. During that time – which includes the tail end of the first movement control order (MCO) – only 25 deaths and around 3,300 infections were recorded… To read more: https://www.channelnewsasia.com/news/commentary/malaysia-movement-control-order-mco-lifting-recovery-restriction-13071162 SOURCE: CNA

MyDIGITAL Corporation, Petrosains Inks MoU to Drive MDEB and 4IR

India Posts Worst GDP Slump of Major Nations as Virus Spikes

India’s economy posted the biggest contraction among major economies last quarter, with a recent surge in coronavirus infections weighing on the outlook for any recovery. Gross domestic product shrank 23.9% in the three months to June from a year earlier, the Statistics Ministry… To read more: https://www.bloomberg.com/news/articles/2020-08-31/india-s-economy-plunges-by-record-23-9-after-harsh-lockdown SOURCE: BLOOMBERG

How India is closing trade deals faster than ever

China’s economic bounceback can be a model for world economies

Hao Zhou is Unigroup Chair Professor and associate dean of the PBC School of Finance at Tsinghua University in Beijing and vice chair of the National Institute of Financial Research at Tsinghua. For those used to seeing China’s economy grow faster than virtually any other in the world, its 6.8% contraction in the first quarter […]

China’s trade with Belt and Road countries enjoys robust growth

Software Fills In For India-Based Compliance Teams In COVID Lockdown

The COVID-19 crisis has exposed a lot of unfamiliar reliance on globalization and outsourcing, but regulatory compliance? With India on a severe lockdown, banks that had outsourced a lot of their compliance work to India find it can’t be done — the staff can’t go into the office and often the internet is too weak […]

How India is closing trade deals faster than ever

In a coronavirus-struck world, India and China alone may escape a recession this year

The Indian economy, which was already in the midst of a major slowdown, is now facing a severe deceleration due to the Covid-19 pandemic. This has prompted unprecedented firefighting measures from the country’s central bank. On March 27, the Reserve Bank of India (RBI) cut the repo rate, at which it lends to commercial banks, to 4.4%. It […]

MyDIGITAL Corporation, Petrosains Inks MoU to Drive MDEB and 4IR

‘It all feels a little off’: Caution as post-virus China reopens

Millie Yang had been self-quarantining at home in Beijing with her 11-year-old son for several weeks when the youngster begged to be taken to hospital. “I’ve got the virus,” he said through tears. “I can’t breathe.”  His fear of COVID-19 had been mounting in recent days and Yang suspected he was having a panic attack… […]

China’s trade with Belt and Road countries enjoys robust growth

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