Telenor eyes Serbian acquisitions
News from Emerging Markets
Turkish steel exports to Egypt in the first five months of 2015 jumped by 70% year-on-year to 359,000 metric tons, despite import duties having been imposed, according to latest Turkish Steel Exporters' Union (CIB) statement obtained by Platts Monday.
Saudi Arabia's Public Investment Fund (PIF) plans investing up to $ 10 billion in infrastructure and agricultural projects in Russia in partnership with the Russian Direct Investment Fund (RDIF), Kirill Dmitriyev, RDIF director told TASS.
The Singapore Exchange (SGX) reported growth in securities, derivatives, and commodities activities in June. For securities, traded value was S$25 billion - up 20 per cent year-on-year and up 8 per cent month-on-month. Daily average value was S$1.2 billion; 20 per cent more from a year earlier and 8 per cent higher than a month before.
Out of the 8 UN Millennium Development Goals (MDGs) that were set, Bangladesh is well on its way to becoming a role model of success at achieving these goals. Maternal and child mortality rates have decreased drastically and work is still being done to provide free education for all.
China's gross domestic product (GDP) growth may fall below 7 percent in the second quarter of this year, some institutions predict. Meanwhile, the institutions generally believe that Chinese economy will bottom out in the second half of 2015.
Investment in agriculture and rural development seems to be decreasing year by year in total socio-economic development, according to the Ministry of Agriculture and Rural Development (MARD). In the year 2000, investment in agriculture accounted for 14% of total investment in Vietnam. The percentage dropped to 7.5% in 2005 and to 5% this year.