Vietnam gains 7.9% of GDP as a result of US-China trade war
The other big winners from the trade war are Taiwan, Chile, Malaysia, and Argentina
Robust private sector earnings a ray of hope as Brazil faces recession
Profits at firms listed on Sao Paulo’s B3 stock exchange rose 40 percent year on year in Q1
Jafza plans to return $354 mn to stimulate UAE economy
The money will be returned in cash and bank guarantees to companies operating in its jurisdiction, according to reports
More good news for Macri as Argentina posts $11.16 mn surplus in April
With the deceleration in inflation in April, the developments boost president’s re-election chances
China needs stronger measures to fight US trade war as investment stalls
In April, China saw decelerating growth in industrial output at 5.4% and retail sales at 7.2%
Indonesia’s Q1 GDP growth falters as commodity prices fall
With the country being a major exporter of palm oil and coal, the drop in prices of the commodities has affected the GDP
Kenya to reduce budget deficit to 3 percent by 2022
The nation will lower its budget deficit to 5.6 percent from 6.3 percent by 2020
Trump China trade war might positively impact ASEAN region
A study has found that the region’s trade activities look quite positive for most experts with moderate to strong growth in 2019
Saudi Arabia achieves surplus as oil revenue spikes 48% in Q1
The Kingdom has recorded a budget surplus for the first time since the collapse of oil prices in 2014
Biggest corporate reform in 30 years to boost business in Nigeria
President Buhari will sign the new companies’ law to enhance the ease of doing business
China’s BRI expected to drive bull run in Malaysia’s stock market
Massive Belt and Road projects to attract foreign funds to Malaysia equities