International Finance

Category : Economy

Economy

Merging ecology and economy to transform urban mining

However, recovery of raw materials from various products is difficult November 5, 2015: According to the United Nations Environmental Programme, an estimated 50 million tons of electronic waste are generated around the world every year. What’s more, the metal deposits found in many types of e-waste can be 40 to 50 times richer than the raw ore extracted...
Economy

More concern about Chinese economy

Survey reveals uptick in late payment of B2B invoices October 23, 2015: Concern over China’s economic performance persists, causing a further downward revision of its 2016 growth forecast from 6.9% this year to 6.7% in 2016. Atradius survey shows an uptick in late payment of B2B invoices in China. This can have a knock-on effect on...
Economy

The quest for robust and synchronised growth

The world economy is at the intersection of at least three powerful forces October 19, 2015: The IMF’s new World Economic Outlook (IMF 2015) points out that the world economy is at the intersection of at least three powerful forces. First, China’s economic transformation – away from export- and investment-led growth and manufacturing, in favour of a...
Economy

ADB, partners to help energy sector drive Indonesia’s growth

Country’s energy industry has suffered underinvestment due to subsidies October 8, 2015: The Asian Development Bank (ADB) has approved a $500 million loan, including $100 million from the ADB-administered ASEAN Infrastructure Fund, to help stimulate Indonesia’s energy sector, support the government’s reform agenda, and unleash the sector’s potential as a key engine of sustainable economic...
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Oman wants to increase success rate of SMEs

International Finance Desk
Over 50% fail within five years, which is a drag on efforts by the Gulf nation to diversify its oil & gas based economy IFM Correspondent September 15, 2015: The two-day Oman SME Summit in Muscat got off to a rousing start with a welcome speech and special address by His Highness Al Sayyid Dr. Adham...
Economy

From ‘Made in China’ to ‘Innovate in China’

Huge capital and investment power will make the country a force to reckon with Suparna Goswami Bhattacharya September 8, 2015: In the West, people often opine that Chinese are not innovators but just copiers who can make a product at a cheaper rate. If somebody mentions inventions, like gunpowder and printing press which were invented...
Economy

Asia’s SMEs need capital to be competitive

Despite having millions of SMEs, only a few are able to grow where they can innovate September 8, 2015: Asia’s small- and medium-sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says...
Economy

‘Ecosystem for SMEs in Oman is still nascent’

Adham Al Said spoke to IFM about the initiatives taken by His Majesty and challenges ahead IFM Correspondent September 2, 2015 SMEs play a major role in any economy. How is it in Oman? Recent reports and studies have suggested that SMEs form approximate 90% of active businesses. Their contribution to GDP is estimated to...