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Following the recent decision of India to ban wheat exports; Arnab Nath, Economist at GlobalData, a leading data and analytics company, offers his view: “India’s decision to ban wheat exports may slow down the sharp rise in domestic prices of wheat but may not decline due to supply side constrains as the crops were damaged […]
With new COVID-19 strategy Taiwan looks to balance public health and economic well-being, says GlobalData
With continued surge in COVID-19 cases, the Central Epidemic Command Center (CECC) of Taiwan has announced a ‘new Taiwanese model’, a three-staged procedure, as part of which, individuals who have received three vaccination shots can use rapid testing instead of visiting a healthcare facility for PCR testing while they undergo home isolation. This will help […]
Jobs Recap April 2022: Job closures outweigh new job postings, reveals GlobalData
Active jobs down by 7% month-on-month in April 2022 Technology and retail sectors had the most active jobs Active jobs globally witnessed a decline of 7% month-on-month in April 2022 as postings fell and closures rose. Technology themes – Cloud and Digitalization, had the most job closures, reveals GlobalData, a leading data and analytics company. […]
GlobalData revises economic growth projections for GCC nations upwards to 4.4% in 2022
The sharp rise in the prices of oil and gas since the beginning of the Russia-Ukraine conflict in late February 2022 has been a boon to the Gulf Cooperation Council (GCC) nations. Against this backdrop, GlobalData has revised its 2022 economic growth projections for GCC nations upwards to 4.4% in 2022 from its earlier projection […]
Novel therapies will redefine Alzheimer’s digital space in Japan, says GlobalData
Alzheimer’s disease (AD) is a progressive fatal neurological disorder and the most common cause of dementia primarily affecting the elderly population, with AD-associated dementia accounting for two-thirds of dementia cases in Japan. Against this backdrop, novel therapy approvals will enrich the present digital marketing space for AD in Japan, says GlobalData, a leading data and […]
Global deal activity down by 25.1% in April 2022, finds GlobalData
A total of 4,649 deals (comprising mergers & acquisitions, private equity, and venture financing deals) were announced globally during April 2022, which is a decline of 25.1% over the 6,071 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the […]
Deal-making activity in travel and tourism sector down by 28.1% during April 2022, finds GlobalData
A total of 64 deals (comprising mergers & acquisitions, private equity, and venture financing) were announced in the global travel and tourism (T&T) sector during April, which is a decline of 28.1% over the 89 deals announced in March 2022, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, […]
Increased prevalence of diabetes and product innovation to boost insulin pens market in India, says GlobalData
The insulin pens (diabetes care devices) market in India is expected to reach around US$400m in 2025, driven by the increasing prevalence of diabetes and the innovation of new products such as Roche’s ACCU-FINE pen needles for virtually painless insulin delivery, forecasts GlobalData, a leading data, and analytics company. India has the second-largest number of […]
International travel set to maintain growth in 2022 with full recovery expected by 2025, observes GlobalData
International departures will reach 68% of the pre-COVID-19 levels globally in 2022 and are expected to improve to 82% in 2023 and 97% in 2024, before making a full recovery by 2025 at 101% of 2019 levels, with a projected 1.5 billion international departures. However, the trajectory for the recovery in international departures is not […]
Tirzepatide has potential to drive weight loss market dramatically, observes GlobalData
Eli Lilly announced topline results of tirzepatide from its SURMOUNT-1 Phase III clinical trial recently. The participants taking tirzepatide drug lost up to 52 pounds (24kg) in the 72-week Phase III study, with 63% of participants taking tirzepatide 15mg achieving at least 20% body weight reductions as a key secondary endpoint. With significant weight loss […]
Impressive financial performance, soaring energy prices help Saudi Aramco overtake Apple to become world’s most valuable company, says GlobalData
Following the news that energy giant Saudi Aramco has overtaken Apple to become the world’s most valuable company; Parth Vala, Analyst at GlobalData, a leading data and analytics company, offers his views: “Reportedly, from the pick of $182 a share, Apple’s share price reported year-to-date (YTD) drop of 19.5% to $146.5. On the other hand, […]
Japan production sentiment down 30% QoQ in Q2 2022, supply sentiment flat, finds GlobalData
Lockdowns in China, coupled with compounding supply chain issues and COVID-19-related uncertainties, continue to impact the sentiment of companies discussing Japan as a geography. The sentiment for production is down nearly 30% in Q2 2022* over Q1 2022 while capacity sentiment is down 8%, according to the company filing analytics database of GlobalData, a leading […]
Alternative payments to disrupt Philippines e-commerce payments market, says GlobalData
Alternative payment tools have emerged as mainstream for e-commerce payments in the Philippines and accounted for 30.7% in total e-commerce value in 2021, with mobile and digital wallets displacing traditional payment methods like cash and cards, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Payments Analytics reveals that the e-commerce […]
Digital diabetes care support on rise in India, observes GlobalData
Diabetes has reached epidemic proportions over the last three decades and India continues to have the second-largest number of adults with diabetes worldwide, after China. Consequently, lifestyle management is a crucial step in improving patient outcomes and metabolic parameters associated with the disease. In this context, various pharmaceutical companies and healthtech companies are offering personalized […]
AIS looks to maintain market leadership through 5G network investments and strategic partnerships, says GlobalData
Following the news that Thailand-based mobile operator Advanced Info Service (AIS) has partnered with Krungthai Bank Plc (KTB); Deepa Dhingra, Senior Telecom Analyst at GlobalData, a leading data and analytics company, offers her view: “Given the possibility of Thailand’s mobile market becoming a duopoly with the planned merger of the country’s second and third largest […]
Equities, mutual funds to drive Singapore affluent population growth at 3.7% AAGR between 2022-2026, forecasts GlobalData
The Singaporean wealth market remains resilient and continues to grow despite the impact of COVID-19, with the affluent population witnessing 4.5% growth in 2021. With the country’s economy coming out of the ill-effects of COVID-19, this population segment, which includes mass affluent investors (holding liquid assets of US$50,000–$1m) and high-net-worth (HNW) individuals (holding liquid assets […]
Didi Chuxing struggles to find safe haven amid strict Chinese regulations, says GlobalData
Didi Chuxing is facing a multifaceted regulatory challenge. The company announced plans to de-list from the US in December 2021, only five months after successfully listing on the New York Stock Exchange. But as China imposes stricter data security regulations, Didi is now struggling to list in Hong Kong, says GlobalData, a leading data and […]
Tech, media, and telecom IPO market in India loses momentum, observes GlobalData
The Indian tech, media, and telecom (TMT) IPO market was going strength to strength till 2021, but the trend has reversed in 2022. Amid the rising market volatility and economic slowdown, the companies listed in 2021 are now struggling to match the COVID-19 pandemic-boosted share prices and are trading below their IPO valuations. This has […]
APAC deal activity YoY up by 11.6% in Q1 2022, finds GlobalData
A total of 4,511 deals (comprising mergers & acquisitions [M&A], private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during Q1 2022, an increase of 11.6% over 4,042 deals announced during Q1 2021, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that […]
Chinese startups raise US$18.6bn VC funding during Q1 2022, finds GlobalData
Chinese startups continued to raise the highest venture capital (VC) funding amount among the Asia-Pacific (APAC) countries during Q1 2022. A total of 1,006 VC funding deals were announced in China during January-March 2022 while the disclosed funding value of these deals stood at US$18.6bn, according to GlobalData, a leading data and analytics company. China, […]