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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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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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Insights
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
18-Jun-19 7-Eleven Vietnam is using Domo’s cloud-based platform to integrate all supply-chain data, from warehouse to point-of-sale, as a "single source of truth". The platform's insights have helped 7-Eleven reduce write-off expenses by 25%, by identifying inefficiencies and optimising processes. [image: Vietnam Investment Review]
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Insights
10-Jun-19 Vingroup JSC has started work on a smartphone factory with a 125 mn unit capacity. CEO Nguyen Viet Quang said orders from partners in the US and Europe spurred the investment in increasing its current capacity by 25 times. [image: Reuters / Mai Nguyen]
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