Sarath.Chandra@globaldata.com

Business Fundamentals

Facebook and Jio deal win-win situation for both, says GlobalData

Following the announcement of Facebook’s US$5.7bn investment for 9.99% stake in India-based Jio Platforms Limited (JPL) on 22 April 2019; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the deal: “The deal, which is India’s largest foreign direct investment for a minority stake, came at a time […]

Technology

Government aid is required to sail Indian telcos from AGR storm, says GlobalData

The telecom sector in India, which is already reeling under a debt of around US$54.46bn, has come under more pressure due to the recent Supreme Court ruling on adjusted gross revenue (AGR) dues, says GlobalData, a leading data and analytics company. Since 2005, there has been an ongoing dispute between the Department of Telecommunications (DoT) […]

Automotive

Acquisition of UK’s iconic motorcycle brand Norton will strengthen TVS position in international markets, says GlobalData

Following the news that Indian two-wheeler manufacturer TVS Motor Company has acquired British motorbike brand Norton Motorcycles (UK) Ltd; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “The £16m (INR1.53bn) acquisition comes as a historic move from TVS as it is poised to strengthen the India-based […]

Insurance

Hong Kong life insurance business to slowdown in 2020 due to Covid-19, says GlobalData

Hong Kong’s life insurance industry is expected to slow down, with an expected annual growth of 3.9% in 2020 as compared to the 6.6% in 2019, according to GlobalData, a leading data and analytics company. GlobalData has revised the country’s insurance data in the aftermath of the global Covid-19 outbreak. Hong Kong’s life insurance market […]

Banking

Cash payments set to decline further in New Zealand over next four years, says GlobalData

Cash payments in New Zealand are set to witness decline over the next four years due to the growing concerns arising from the coronavirus (Covid-19) pandemic, says GlobalData, a leading data and analytics company. GlobalData’s revised-forecasts for card transactions in New Zealand predict that the number of ATM cash withdrawals will decline by a compound […]

Disruptor

Digital contact tracing helping Asian countries to flatten Covid-19 curve, says GlobalData

As the world struggles with the coronavirus (Covid-19) outbreak, Asian countries are galvanizing every digital tool at their disposal to curb the spread and better manage the evolving pandemic. Using digital contact tracing, governments have begun a massive exercise of tracking people’s movement via their smartphones and identifying all those who may have come in […]

Business Fundamentals

Asia-Pacific deal activity shows signs of revival during the week ended 19 April 2020, says GlobalData

The number of deals announced in the Asia-Pacific region increased by 5.4% during the week ended 19 April 2020 compared to the previous week, according to GlobalData, a leading data and analytics company. However, an analysis of GlobalData’s Financial Deals Database reveals that the deal volume remained below the Q1 2020 and March 2020 weekly […]

Technology

Microsoft 365 looks to monetize huge Windows 10 userbase in Asia, says GlobalData

Microsoft seems to have decided the way forward to monetize its massive userbase of one billion devices running on Windows 10, of which nearly 33% are estimated to be from the Asia-Pacific region. With employees undertaking remote working for an extended period owing to the coronavirus (Covid-19) outbreak, the Redmond giant is now betting on […]

Insurance

Australia’s insurance industry to decline in 2020 due to Covid-19, says GlobalData

Australia’s insurance industry is poised for a decelerated growth over the next five years due to the challenging business environment and coronavirus (Covid-19) outbreak. As a result, the country’s insurance industry is projected to decline by 1.3% from AUD115.7bn (US$80.5bn) in 2019 to AUD114.1bn (US$77.5bn) in 2020, according to GlobalData, a leading data and analytics […]

Travel & Tourism

Spike in domestic tourism expected in Australia, says GlobalData

Australia’s Minister for Trade’s warning that borders may stay closed until 2021 is expected to boost domestic tourism in the short term, says GlobalData, a leading data and analytics company. Rheanna Norris, Associate Analyst at GlobalData, comments: “Countries that are dependent on Australian tourism, such as Indonesia and New Zealand have already seen and will […]

Automotive

Decline in overseas demand forcing South Korea’s auto giants opt for ‘strategic’ production halts, says GlobalData

Following the news that South Korean vehicle manufacturer Kia Motors plans to shut three production units due to drop in overseas demand; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “South Korea was among the initial countries that were impacted by the coronavirus (Covid-19) outbreak. The […]

Technology

Asia-Pacific region to be prime growth driver of global battery electric vehicles by 2030, says GlobalData

Despite the decline in passenger car sales across the globe owing to the coronavirus (Covid-19) outbreak, the Asia-Pacific (APAC) region is expected to lead the global battery electric vehicles (BEV) market over the next decade, says GlobalData, a leading data and analytics company. GlobalData’s Market Opportunity Forecasts Model estimates that despite the Covid-19 outbreak, the […]

Banking

Covid-19 to further drive e-commerce payments growth in China over next four years, says GlobalData

The growth of Chinese e-commerce market has been revised up, considering the positive push due to coronavirus (Covid-19) outbreak, according to estimates by GlobalData, a leading data and analytics company. As consumers are increasingly shifting away from in-store to online spending to avoid exposure to disease vectors, e-commerce payments are set to record a steep […]

Insurance

South Korea’s life insurance business to decline in 2020 due to Covid-19, says GlobalData

With South Korean life insurers coming under intense pressure due to stagnating sales amid challenging business environment and increasing claims due to coronavirus (Covid-19) outbreak, the country’s life insurance market is set to decline by 1.2% from KRW112.3 trillion (US$96.0 billion) in 2019 to KRW110.9 trillion (US$92.3 billion) in 2020, according to GlobalData, a leading […]

Technology

Covid-19 underscores need for contact center resilency, says GlobalData

Coronavirus (Covid-19) has created many operational issues for businesses across the Asia-Pacific (APAC) region. While many B2C businesses across sectors such as retail, tourism, and transportation are struggling to stay afloat, they cannot ignore their customers during the crisis. Against this backdrop, the pandemic has underscored the need for contact center resiliency to be part […]

Pharma

Curadev and Bayer agreement shows switch in gears towards STING antagonists, says GlobalData

India-based Curadev’s licensing agreement with Bayer in March 2020 for the discovery and development of novel stimulator of interferon genes (STING) antagonists across indications with high unmet need signifies the importance of the STING mechanism for research by top pharma companies, says GlobalData, a leading data and analytics company. As part of the collaboration, Bayer […]

Banking

Cash transactions to decline further in Japan amid Covid-19 pandemic, says GlobalData

The share of cash in the overall payment transaction volume in Japan is set to decrease over the next five years, as users are increasingly considering currency notes to have the potential to transfer the deadly coronavirus (Covid-19) infection, according to GlobalData, a leading data and analytics company. Subsequently, the pandemic is expected to push […]

Pharma

Government initiatives minimize Indian pharma industry manufacturing and supply chain disruptions amid Covid-19 crisis, says GlobalData

India’s coronavirus (Covid-19) lockdown has impacted the manufacturing and supply chain operations of pharmaceuticals despite pharmaceutical manufacturing being considered an essential service and excluded from the lockdown. However, government initiatives have helped to minimize disruptions to pharmaceutical manufacturing and the supply chain, says GlobalData, a leading data and analytics company. The issues faced by the […]

Business Fundamentals

Asia-Pacific witnesses decline in deal activity during the week ended 12 April 2020, finds GlobalData

A total of 278 deals were announced in the Asia-Pacific (APAC) region during the week ended 12 April 2020, a decrease of 17.5% compared to 337 deals announced during the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s deals database reveals that the deal volume also remained below […]

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Facebook and Jio deal win-win situation for both, says GlobalData

Government aid is required to sail Indian telcos from AGR storm, says GlobalData

Acquisition of UK’s iconic motorcycle brand Norton will strengthen TVS position in international markets, says GlobalData

Hong Kong life insurance business to slowdown in 2020 due to Covid-19, says GlobalData

Cash payments set to decline further in New Zealand over next four years, says GlobalData

Digital contact tracing helping Asian countries to flatten Covid-19 curve, says GlobalData

Asia-Pacific deal activity shows signs of revival during the week ended 19 April 2020, says GlobalData

Australia’s insurance industry to decline in 2020 due to Covid-19, says GlobalData

Spike in domestic tourism expected in Australia, says GlobalData

Decline in overseas demand forcing South Korea’s auto giants opt for ‘strategic’ production halts, says GlobalData

Asia-Pacific region to be prime growth driver of global battery electric vehicles by 2030, says GlobalData

Covid-19 to further drive e-commerce payments growth in China over next four years, says GlobalData

South Korea’s life insurance business to decline in 2020 due to Covid-19, says GlobalData

Curadev and Bayer agreement shows switch in gears towards STING antagonists, says GlobalData

Cash transactions to decline further in Japan amid Covid-19 pandemic, says GlobalData

Government initiatives minimize Indian pharma industry manufacturing and supply chain disruptions amid Covid-19 crisis, says GlobalData

Asia-Pacific witnesses decline in deal activity during the week ended 12 April 2020, finds GlobalData

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