Vietnam’s military expenditure expected to be US$7.6 billion by 2023 The Vietnamese Government allocated US$5.4 billion towards military expenditure in 2018, of which 32.2% is earmarked for the procurement of defense equipment. The country’s defense expenditure increased at a CAGR of 6.14% over 2014–2018. The growing strength of the Chinese Navy and its assertiveness with regards to territorial claims in the South China Sea has compelled the Vietnamese Government to enhance its military capabilities. ..
Continue Reading>Global power insulator market will increase from $995.8m in 2017 to $1.2bn by 2022 ‘Insulators for Power Transmission, Update 2018’ report states that the Asia-Pacific region was the largest market in 2017, holding 53.5% share in terms of market value. EMEA (Europe, Middle East, and Africa) was the second-largest market, representing 26.7%, followed by the Americas with 19.8%. GlobalData identified China as the top country for insulators in terms of market volume with the installation of approximately 1.8 million units in 2017, followed by..
Continue Reading>Chinese HNW investors, who skew heavily towards entrepreneurial males across three industries, show strong demand for most forms of wealth advice and planning. A multi-service proposition underpinned by a proven ability to demonstrate returns will be key to tapping into demand.A uniquely large expat market, a burgeoning appetite for novel options such as robo-advice, and the upcoming monumental transfer of wealth between generations provides arguably the most significant growth opportunity for global wealth managers in the foreseeable future. ..
Continue Reading>Construction activity in Kuwait was weak in 2017, following the economic slowdown and low oil prices, which resulted in a deteriorating business environment. In addition, the government decreased its oil production capacity in 2017, in order to meet the output target of the Organization of the Petroleum Exporting Countries (OPEC). The government decreased the total production of crude oil by 6.9%, going from 2.9 million barrels per day in 2016 to 2.7 million in 2017. Consequently, the country’s construction industry contracted by 3.5% in real..
Continue Reading>The OTT video market in Europe is very competitive with a mixture of established international providers such as Netflix, HBO, and Amazon, operating alongside regional players and telco-operated OTT platforms, such as Sky, VodafoneZiggo, Telefonica, Deutsche Telekom, Telecom Italia, and Canal+, who are more recent market entrants. ..
Continue Reading>Costa Rican insurance industry gross written premium grew at a review-period (2013–2017) CAGR (compound annual growth rate) of 9.7%. This growth was backed by economic growth due to the presence of strong export demand and an influx of foreign direct investment (FDI), a favorable regulatory framework, and a rise in life expectancy and the working-age population. ..
Continue Reading>Diverse First-in-Class Pipeline Shows Promise for Treatment of Negative & Cognitive Symptoms First-in-class products have the greatest potential in terms of development and commercial prospects. In line with the overall pipeline, first-in-class innovation is dominated by products acting on neuromodulator targets with the strongest representation in the Discovery and Preclinical stages of development. ..
Continue Reading>Psoriasis is increasingly being recognized as a serious systemic disease with associated quality-of-life impairment and disability, rather than a cutaneous disease, which denotes a merely cosmetic affliction. As perceptions of the disease continue to change, healthcare professionals will increasingly consider treatment non-optional and the use of expensive systemic drugs will increase, accelerating market growth...
Continue Reading>A major end-market for paints and coatings is construction. In various countries construction output is healthy. The global paints and coatings market has grown healthily, both in value and volume terms in recent years. Stable growth is expected to continue in the coming years. Continued infrastructure investment in many countries will drive construction output, which in turn will spur demand for paints and coatings...
Continue Reading>Global hybrid and electric cars market has grown strongly in recent years. It is looking set to continue with strong double-digit growth in the forecast period. This is largely due to more countries committing to targets to combat CO2 emissions, as well as developing their charging networks...
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