Insights
Jul-19 Stalled growth in emerging market economies is projected to pick up from a four-year low of 4.0 percent in 2019 to 4.6 percent in 2020-21, reflecting the waning impact of financial pressures in some large markets. Growth in all emerging regions has been weaker than expected but activity in East and South Asia remains buoyant. Other regions are expected to recover in 2020-21. Growth in both Latam and MENA is expected to be a subdued 1.7% in 2019, but MENA countries show more promise thanks to oil exports, policy reforms and tourism. [image: World Bank]
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25-Jun-19 Shanghai wants to become an intelligent manufacturing hub – a city that specializes in the combined intelligence of people, processes and machines for better economic outcomes. The city hopes to export "intelligent manufacturing solutions" by 2021. [image: iStock / zorazhuang]
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Insights
21-Jun-19 Tesco Thailand is opening up to 750 more convenience stores, which would be a 50% expansion. In light of its success in Thailand and Malaysia, the company is considering expansion in other Asian markets including South Korea and China. [image: The Thaiger]
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19-Jun-19 Healthcare professionals in Singapore are using AI for clinical diagnosis more than their counterparts in other countries, except for China and Saudi Arabia. At 28% Singapore had the third-highest percentage among the 15 countries surveyed by Royal Philips. [image: The Straits Times]
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Insights
19-Jun-19 Popular short-form video app TikTok, developed by China's ByteDance, has been slowly ramping up its advertising strategy. However, the company still generates revenue from in-app purchases, and that number hit a high of USD9 million in May 2019. [image: TechCrunch]
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