Business Update

China's economic growth rate for 2018;
China's economic growth rate for 2018;​

China's 6.6% economic growth rate for 2018 is the slowest pace recorded since 1990. Source: The Wall Street Journal. Jan.21,2019.

Wilmar, Adani sign deal with govt to invest $350m
Wilmar, Adani sign deal with govt to invest $350m​

Wilmar and Adani Group will invest $400 million to establish an industrial park in the Mirsarai economic zone to produce agro-based foods and allied products. Source: The Daily star, 22nd January, 2019

Big Korean firms to invest in Bangladesh
Big Korean firms to invest in Bangladesh​

Korean companies including Samsung, Hyundai, Daewoo, LG will invest in Bangladesh, said the president of The Korea International Cooperation Agency’s (Koica). Source: The daily star, 22nd jamuary,2019

China-Pakistan economic corridor to generate 700,000 jobs
China-Pakistan economic corridor to generate 700,000 jobs​

CPEC is likely to generate up to 700,000 jobs in in industries such as raw materials processing and catering. Source: hrmasia, 14th January, 2019

Amazon to hire 1,300 more workers in India in regional recruitment drive
Amazon to hire 1,300 more workers in India in regional recruitment drive​

Amazon has decided to add more jobs as it plans to expand beyond its e-commerce and cloud business. Source: hrmasia, 19th January, 2019.

Infosys aims to tap more Japanese mfg companies with JV
Infosys aims to tap more Japanese mfg companies with JV​

Infosys, India is looking to expand its footprint in Japan and make the most of the transformation wave in the manufacturing sector. Source: Peoplematters.in/news Dated: Jan.16, 2019.