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The past will not deliver the future, and Hong Kong’s private sector must take on more direct responsibility, to identify and embrace today’s vastly different economic opportunities.
Germany's private sector unexpectedly returned to growth in April, driven by a solid rise in activity in the country’s service sector, a preliminary survey showed on Tuesday. The composite PMI index tracks the services and manufacturing sectors that together account for more than two-thirds of the German economy. "Factoring in the PMI numbers into our GDP Nowcast, we estimate that GDP may expand by 0.2% in the second quarter, following an estimated 0.1% growth in the first quarter," said Cyrus de la Rubia, chief economist at Hamburg Commercial Bank.
The story of Bangladesh’s rise comes in numerous versions with a common denominator. The initial conditions were abysmal: post-independence disorder, natural calamities, famine, and widely shared pessimism nationally and internationally. The lay of the land looks remarkably different 50 years down the road.
(Bloomberg) -- The family behind high-end supermarket chain Spinneys is seeking to raise as much as 1.38 billion dirhams ($375 million) in a rare private sector listing in Dubai that’s drawn Franklin Templeton as a cornerstone investor.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo Ess
THE Philippines needs to accede to the critical mineral agreement between the United States and Japan to ensure “resiliency of supply” of nickel ores and to enable the Philippines to attract more investments into mineral processing, according to Trade and Industry Secretary Alfredo E. Pascual. “Now, Japan has a critical…