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Tattered South Asian Remittances in Focus as Digital Solutions Offer Ray of Hope

Tattered South Asian Remittances in Focus as Digital Solutions Offer Ray of Hope

Remittance payments sent from migrant workers back to their home countries are considered a lifeline for many families in developing countries. Not only do they help families to survive, but they also fuel consumption spending in these nations, which helps drive economic expansion in developing countries.

The COVID-19 pandemic has left a battered economy in its wake, as lockdown measures have taken their toll on businesses and households alike. No sector of the economy has been left untouched and the remittance market is no exception. Plunging unemployment, social distancing measures, and travel bans have stifled the flow of payments to countries that need it the most, including those located in South Asia.

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5 Things You Might Not Know About COVID-19 In India

5 Things You Might Not Know About COVID-19 In India

Some have spoken of the “mystery behind India’s low death rates” from the COVID-19 disease, and an apparent slow spreading of this disease. India's government praises a successful containment cluster strategy as the main reason. With the little we know about the new coronavirus, however, it is too early to cry victory, and caution must be exercised making any predictions. Albert Schram takes us deeper into India's COVID-19 story.

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How is COVID-19 affecting the outlook of Myanmar's garments industry?

How is COVID-19 affecting the outlook of Myanmar's garments industry?

A single industry can push frontier markets into the mainstream. For Myanmar this was pegged to be the garments industry. With wages rising in China, manufacturers and investors have been searching for the new factory of the world. Are the fundamentals in Myanmar strong enough to weather the coronavirus pandemic and to rise above its ASEAN neighbours?

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Southeast Asia's tourism and travel sector after COVID-19: a way forward

Southeast Asia's tourism and travel sector after COVID-19: a way forward

The coronavirus started in China before spreading to other countries. Southeast Asia’s travel and tourism sector felt the impact of the virus right away due to the decline in arrivals from China. The subsequent spread of the virus resulted in lockdowns and other social restriction policies which made the damage to the sector even worse. With tourism and travel activities coming to an almost complete halt, ASEAN governments are now slowly looking for a way out.

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Emerging markets are in trouble, but there might be hope

Emerging markets are in trouble, but there might be hope

Emerging markets and frontier markets, despite their huge potential, do contain risk. That is particularly noticeable in times of crisis like today. The Institute of International Finance (IIF) reported that investors have already taken $95b USD out of Emerging Market stocks and bonds since late January.

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