– BRICS is considering accepting several emerging markets into the grouping – High energy prices and US interest rates are encouraging expansion – Trade between Russia, China and India has grown notably since March – Food and renewable energy offer significant potential for cooperation As emerging markets recover from the Covid-19 pandemic and face financial headwinds due to interest…
Despite the challenges of the Covid-19 pandemic, Malaysia’s increasingly diversified economy exceeded 3% growth in 2021 and is forecast to surpass 5% growth starting in 2022. With a robust manufacturing and services offering, some 40% of jobs in the country linked to export activities and a trade-to-GDP ratio above 130% over the last 12 years, Malaysia has a demonstrated openness to trade and investment. Grounded…
– The G7 has pledged to invest $600bn in public and private funds over the next five years – The investment aims to narrow a $40trn infrastructure gap in emerging markets – Initial focus areas are climate and energy, ICT, gender equity and health – With investment from China’s BRI slowing, the G7 seeks to lead global development Amid rising inflation and debt levels in emerging markets,…
Roundtable on how to address infrastructure gaps in emerging Asia | | Oxford Business Group Signing ceremony between Oxford Business Group and InfraCo Asia: at the table Allard Nooy, CEO, InfraCo Asia; Polina Virr, Regional Director for Asia, Oxford Business Group. From left to right: Phillippe Valahu, CEO, PIDG; Karen Menzel, Head of Partner Relations, PIDG; Lindsey Zouein, Communications…
– The WTO has passed agreements on food exports, fishing and Covid-19 vaccines – Supporters say they provide emerging markets with tangible economic and social benefits – Vaccine access and e-commerce still divide developed economies and emerging markets As countries face record-high food prices, inflationary pressures and other challenges associated with the economic recovery from the…
The Philippine roadmap for inclusive, balanced, long-term growth is aligned with environmental, social and governance (ESG) principles and the UN Sustainable Development Goals (SDGs). Indeed, ESG adoption is growing on the corporate level in the country – and increasingly being recognised as an opportunity for risk mitigation – despite some implementation challenges. This ESG Intelligence report…
The Philippine roadmap for inclusive, balanced, long-term growth is aligned with environmental, social and governance (ESG) principles and the UN Sustainable Development Goals (SDGs). Indeed, ESG adoption is growing on the corporate level in the country – and increasingly being recognised as an opportunity for risk mitigation – despite some implementation challenges. This ESG Intelligence report…
– Remittances to low- and middle-income countries are projected to rise by 4.2% in 2022 – Inflows are expected to provide crucial support amid rising energy and food costs – The pandemic highlighted the importance of remittances to emerging markets – Funds are increasingly being sent via digital channels, with new start-ups entering the market As rising inflation and the global food…
The Philippine tobacco industry accounted for roughly 6% of tax revenue in 2020, and 58% of so-called sin tax receipts. Given its wide-reaching value chain and multiple stakeholders, this publication outlines the industry’s pivotal role in employment, with more than 2m Filipinos estimated to be financially supported by the segment. The research explores why tobacco is important not only for farming…
– In May the US Federal Reserve implemented its largest interest rate increase in two decades – The move is likely to affect emerging market currencies and increase debt payments – Emerging markets are better positioned to combat higher interest rates than in the past – Many central banks anticipated the rate hike and implemented their own fiscal measures Following the US Federal Reserve’s…