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shankar besta

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Maritime exercises with US will help Japan enhance deterrence against China and North Korea, says GlobalData

Following the news that the Japanese Maritime Self-Defense Force (JMSDF) Hyuga-class destroyer conducted maritime bilateral exercise with the US Navy’s carrier strike group; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The maritime drills with the Hyuga-class helicopter carrier will assist the JMSDF in preparing for the F-35B’s […]
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ST Engineering bags estimated $1.2 billion deal to build multirole combat vessels for Singapore Navy, says GlobalData

Following the announcement of the new contract signed between Singapore and ST Engineering to build multirole combat vessels; Akash Pratim Debbarma, Defense Analyst at GlobalData, offers his view: “The contract is part of the modernization of the Armed Forces of Singapore to secure its maritime boundaries and sovereignty. The country plans to replace its current […]
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Vietnam hot drinks sales to surge by 9.1% CAGR through 2027 spurred by product innovation and cafe chain expansion, says GlobalData

The resurgence of social gatherings, celebrations, and tourism activities is bolstering the on-premise consumption of hot drinks in Vietnam. Besides, new product launches and marketing campaigns by leading companies and the expansion of hotel, restaurant, and café (HoReCa) chains are accelerating the recovery of the country’s hot drinks sector. As a result, Vietnam’s hot drinks […]
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Global surgical sutures market to reach $4.5 billion by 2033, forecasts GlobalData

With the increasing prevalence of chronic diseases, trauma, and the burden of age-related health conditions, there will be a higher need for surgical procedures and healing-related medical devices like surgical sutures. Limitations in healthcare resources and an emphasis on improving patient outcomes are also fueling the development of healing-promoting suture materials and faster application methods. […]
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Manga and anime IP nostalgia presents opportunities for Japanese consumer brands to attract young consumers in China, says GlobalData

Japanese cosmetics firm Shiseido Company Limited recently launched a limited edition of its Anessa sunscreen line in China, with packaging inspired by Doraemon, a classic Japanese manga comic character. The new launch is in line with Shiseido’s ‘WIN 2030’ strategy to emerge as the top global beauty brand by 2030 by leveraging its Japanese heritage. […]
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ChatGPT has the power to change healthcare, says GlobalData

Although artificial general intelligence that can solve problems just like a human is still decades away, ‘good enough’ AIs such as OpenAI’s ChatGPT and ChatGPT-4, which can write original prose and chat with human fluency, hold the potential to completely change healthcare, says GlobalData, a leading data and analytics company. The revolutionary technology is coming […]
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Medtronic can challenge Boston Scientific in PFA market with CE-marked Affera system, says GlobalData

Medtronic recently secured CE approval for its Affera Mapping and Pulsed-Field Ablation (PFA) catheter system. Consisting of the Sphere-9 catheter and Affera Prism-1 mapping software, Medtronic’s ablation system is developed to treat atrial fibrillation (AF). With CE approval, Medtronic can challenge Boston Scientific’s Farapulse system, the only PFA catheter system that is readily available currently, […]
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Alternative payments account for over quarter of e-commerce payments in Taiwan, reveals GlobalData

While cards remain the most preferred payment tool for e-commerce purchases in Taiwan, alternative payment solutions are increasingly being used for online purchases, accounting for a share of 28.8% share in total e-commerce transaction value in 2022, finds GlobalData’s 2022 Financial Services Consumer Survey*. GlobalData’s E-Commerce Analytics reveal that the Taiwanese e-commerce market grew by […]
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Deregulating digital innovations will boost growth in South Korean insurance industry, says GlobalData

The South Korean insurance industry is set to witness digital disruption as the implementation of the regulatory authority’s proposal to deregulate digital innovations will increase competition between neo-insurers and incumbents resulting in the rollout of innovative products, says GlobalData, a leading data and analytics company. According to GlobalData, the South Korean insurance industry is expected […]
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India to dominate caustic soda capacity additions in Asia by 2027, forecasts GlobalData

India is set to register the highest caustic soda capacity additions in Asia, contributing about 39% of the region’s capacity additions by 2027, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Caustic Soda Industry Installed Capacity and Capital Expenditure (CapEx) Forecast by Region and Countries including details of All Active Plants, Planned […]
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Reliance Consumer relaunches Campa to take on carbonate majors Coca-Cola and PepsiCo in India, says GlobalData

Reliance Consumer Products Limited (Reliance Consumer) relaunched the iconic Indian carbonate brand Campa in March 2023, just in time for the hot Indian summer. The company is leveraging penetration pricing, high marketing expenditure, and its broad retail distribution network to bring Campa at par with the carbonate brands of multinational operators, Coca-Cola and PepsiCo, who […]
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Rivaroxaban holds potential to become new standard of care for atrial fibrillation patients with advanced CKD, says GlobalData

At the 72nd annual American College of Cardiology (ACC) meeting, new real-world data was presented from the XARENO study demonstrating that the new oral anticoagulant (NOAC) Xarelto (rivaroxaban) was associated with a reduced risk of adverse kidney outcomes in patients with non-valvular atrial fibrillation (NVAF) and advanced chronic kidney disease (CKD), compared to vitamin K […]
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