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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Severe COVID-19 impact could see long-term consolidation of Australian banking market, says GlobalData

The quarterly profits of the Australian banks will be significantly down and an enduring squeeze on smaller players could result in the long-term consolidation of the market, according to GlobalData, a leading data and analytics company. Resham Karira, Retail Banking Analyst at GlobalData, comments: “Government support, particularly the cheap funding, will help, but it can […]
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Drones stepping up fight against COVID-19, says GlobalData

The coronavirus (COVID-19) pandemic is changing the way people interact and businesses operate. In a world where lockdown measures and social distancing have become the new norm, drones are playing a key role in helping authorities and governments in different ways to contain the spread of the outbreak, says GlobalData, a leading data analytics company. […]
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ICMR banks on Bharat Biotech expertise to develop COVID-19 vaccine in India, says GlobalData

Following the news that Indian Council of Medical Research (ICMR) and India-based Bharat Biotech have partnered to develop an indigenous COVID-19 vaccine; Anupama, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “ICMR selected Bharat Biotech due to its expertise in indigenous vaccine development. COVID-19 virus isolate obtained from ICMR’s National […]
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Bangladesh solar PV module manufacturers need stimulus to maintain operations after lockdown extension due to COVID-19 pandemic, says GlobalData

Fllowing the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day COVID-19 industrial lockdown; Somik Das, Senior Power Analyst at GlobalData, a leading data and analytics company, comments: “Module makers have demanded BDT5bn ($58.9m) to be spent on grants, long-term interest-free loans, […]
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China’s pre-FID projects at stake amid uncertainty due to COVID-19 outbreak, says GlobalData

Reduced demand due to COVID-19 outbreak and the subsequent economic slowdown have forced China’s petrochemical players to re-work on their investment strategies. As a result, several pre-final investment decision (FID) projects are at risk, according to GlobalData, a leading data and analytics company. John Paul Somavarapu, Oil and Gas Analyst at GlobalData, comments: “The outbreak […]
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