Decline in Inflation Expectations Provide Support for Rate Cut
Decline in Inflation Expectations Provide Support for Rate Cut
Growing need for data security coupled with extensive use of biometrics technology in government digitization projects to drive India biometrics market
Growing demand from packaging, construction and automotive sectors to drive growth in India adhesives market through 2020
The Conference Board Leading Economic Index® (LEI) for Australia declined 0.2 percent in June to 104.5 (2010 = 100), following a 0.2 percent increase in May, and a 0.3 percent decline in April.
The Conference Board Leading Economic Index® (LEI) for India increased 1.5 percent in July to 103.1 (2010 = 100), following a 0.3 percent decline in June and a 1.3 percent decline in May. All eight LEI components advanced in July.
The Conference Board Leading Economic Index® (LEI) for Korea declined 0.2 percent in June to 109.5 (2010 = 100), following a 1.2 percent decline in May, and a 0.6 percent increase in April.
IFC, a member of the World Bank Group has ramped up investments in Pakistan over the past year, with a focus on renewable energy to address the country's power shortage, and loans to banks to boost financial inclusion, especially for small and medium enterprises (SMEs).
Impact of the June Interest Rate Cut Proves to be Short-Lived
~ Retail chains, shopping centres, telecommunications, banking and fast foods are fastest growing segments ~
38% of respondents in Asia Pacific said they have a defined mobile strategy that goes out at least 12 months - a higher percentage than in either Europe (34%) or North America (31%). Furthermore, 33% of APAC respondents agreed that mobile activities are central to their overall business and how they engage with customers. This compares to 32% of respondents in North America and 26% in Europe, reflecting how the mobile-first business transformation is being led by Asia Pacific.
Falling oil prices will substantially benefit the region, reducing transport costs, boosting production, and fostering economic growth
Higher disposable income, improved living standard, along with change in lifestyle and preferences to drive India food services market through 2020
Consumer confidence down 2.1% on the year