#growth

GTDW FDI Trade & Supply Chain Digitalisation News

Oct 26, 2022
1 min

Vietnam Sees Fastest Growth in Southeast Asia for Two Years

Government forecasts 2022 GDP growth at 8%, beating target Vietnam sees inflation quickening to about 4.5% in 2023 The prime minister’s annual address sets the economic direction for the year ahead and comes amid efforts to support a recovery from last year’s anti-virus lockdowns, when factories were shuttered and global supply chains were crippled. Since then, the economy has rebounded as restrictions ended, domestic demand picked up and exports increased. For the rest of 20

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UNCTAD: How start-ups are boosting investment in South-East Asia

GTDW FDI Trade & Supply Chain Digitalisation News

Oct 24, 2022
3 min

UNCTAD: How start-ups are boosting investment in South-East Asia

The rise of start-ups in the region is a factor behind the dynamism of foreign direct investment there, an UNCTAD-ASEAN report finds. Foreign direct investment (FDI) flows to members of the Association of Southeast Asian Nations (ASEAN) surged 42% to $174 billion in 2021, rebounding to the record reached in 2019 before the COVID-19 pandemic dragged down investment. The increase in FDI to ASEAN countries outpaced the 30% average growth rate for developing economies, highlighti

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Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 13, 2022
2 min

Report: SE Asia Leads Adoption Of New Tech - Steady Rise In FDI Is Testament To Investor' Confidence

Meta and Bain & Company report unveils key digital consumer insights as eCommerce outlook across the region remains positive and digital consumer population continues to grow! Southeast Asia’s long-term outlook remains robust with the region’s projected GDP growth from 2022 to 2023 forecast to outpace most other markets such as the US, the EU, and China. This is according to Bain & Company and Meta ’s annual SYNC Southeast Asia report which looks at the digital economy and th

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China posts record $101 billion trade surplus but export boom could fade

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 10, 2022
1 min

China posts record $101 billion trade surplus but export boom could fade

China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year ago, marking the fastest pace of growth this year, according to Chinese customs statistics released on Sunday. Analysts polled by Reuters had forecast a 15% increase. In June, exports increased 17.9%. Imports, meanwhile, grew 2.3% from a y

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GLOBAL GIGAFACTORY PIPELINE HITS 300; CHINA DOMINATES BUT THE WEST GATHERS PACE

GTDW FDI Trade & Supply Chain Digitalisation News

May 27, 2022
2 min

GLOBAL GIGAFACTORY PIPELINE HITS 300; CHINA DOMINATES BUT THE WEST GATHERS PACE

The number of gigafactories in the pipeline has surpassed 300 as the global rush to develop lithium ion battery production capacity continues. There is now 6,387.6 gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark’s May 2022 Gigafactory Assessment, a 68% year-on-year increase. China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to aut

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Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 28, 2022
1 min

Mapped: The World’s Largest Economies, Sized by GDP (1970-2020)

Global GDP has grown massively over the last 50 years, but not all countries experienced this economic growth equally. In 1970, the world’s nominal GDP was just $3.4 trillion. Fast forward a few decades and it had reached $85.3 trillion by 2020. And thanks to shifting dynamics, such as industrialization and the rise and fall of political regimes, the world’s largest economies driving this global growth have changed over time. This slideshow using graphics from Ruben Berge Mat

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Visualizing the Material Impact of Global Urbanization

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 21, 2022
2 min

Visualizing the Material Impact of Global Urbanization

Consumption in Asia is set to increase as the continent hosts the majority of the world’s megacities—cities housing more than 10 million people. However, the biggest jump in the next decades will happen in Africa. The continent is expected to double in population by 2050, with material consumption jumping from 2 billion tonnes to 17.7 billion tonnes per year. Cities only cover 2% of the world’s land surface, but activities within their boundaries consume over 75% of the plane

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Malaysia Top ASEAN Market For Expansion By Gulf Firms

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 15, 2022
1 min

Malaysia Top ASEAN Market For Expansion By Gulf Firms

Standard Chartered Bank says Malaysia has been named as the top expansion market for Middle East companies focusing on Asean The bank said the latest survey for its “Borderless Business: Middle East-Asean Corridor” found that Middle East companies were positive about business growth in the region, with a significant 78% viewing Malaysia as the top location. Key growth sectors for Malaysia in the report’s growth watch list that were attractive to Middle East companies were ref

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IMF: A Disrupted Global Recovery - Latest World Economic Outlook

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 9, 2022
2 min

IMF: A Disrupted Global Recovery - Latest World Economic Outlook

Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty. The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages. Supply disruptions still weigh on activity and are contributing to higher inflation, adding to pressures from strong demand and elevated

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Beyond income: Redrawing Asia’s consumer map - A $10 trillion consumption growth opportunity

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 15, 2021
2 min

Beyond income: Redrawing Asia’s consumer map - A $10 trillion consumption growth opportunity

Asia is the world’s consumption growth engine — miss Asia and you could miss half of the global picture, a $10 trillion consumption growth opportunity over the next decade. Scale continues to be a key characteristic, but the story of the next ten years and beyond is one of rising diversity in consumer markets in this already diverse region amid significant social, demographic, and technological change. Three changes in perspective are key to understanding the new consumption

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IMF - Emerging Asia To Retain Positive Growth in 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 17, 2020
1 min

IMF - Emerging Asia To Retain Positive Growth in 2020

In a report published on Tuesday by IMF, the world economy is forecast to shrink 3% in 2020. However, the IMF sees emerging Asia as the one region with a positive growth rate in 2020, at 1%. Vietnam is expected to stay on top of its game with 2.7% while the Philippines and Indonesia are at 0.6% and 0.5% respectively. Full report: https://lnkd.in/e4Gw3St #economy #gtdwchina #trade #investment #fdi #growth #asia #asean #vietnam #malaysia #philippines #thailand #indonesia #globa

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