Gwadar port in Pakistan. Reuters
India’s merchandise exports grew 11.02 per cent, on a year-on-year basis in March, to $32.55 billion from $29.32 billion reported for the corresponding month of last year, official data showed on Monday. “Exports in March 2019 were $32.55 billion, as compared to $29.32 billion in March 2018, exhibiting a positive growth of 11.02 per cent,” the Commerce Ministry said.
South Korea’s exports in May fell more than expected and for a sixth consecutive month from a year earlier, official data showed on Saturday, as expanding trade friction between the major economies darkened the prospects.
Taiwan’s export orders contracted for an eighth straight month in June, with global companies increasingly hesitant to make new investments in machinery as the China-US trade war wears on.
Win-win B2B (Business-to-Business) cooperation and enhanced P2P (People-to-People) contacts should follow the foundational G2G (Government-to-Government) phase of China Pakistan Economic Corridor (CPEC) to take the historic megadevelopment project to the next level.
Finance Minister Nirmala SItharaman has said a calibrated and balanced approach to deploying a mix of fiscal, monetary and structural measures by countries can help achieve their growth potential and asked the IMF
British shoppers grew more cautious about their spending in the three months to September despite enjoying real growth in their wages, raising concerns about the health of the economy in the run-up to Brexit.
In yet another milestone in the 5G journey, Etisalat successfully completed the first end-to-end 5G Standalone (SA) call in the UAE and has become the first operator in the Mena region to achieve this milestone.