Cautious but optimistic growth outlook
The International Monetary Fund (IMF), in its October issue of the World Economic Outlook, anticipates global GDP growth to rebound by 5.2% year on year in 2021, following a sharp contraction of 4.4% estimated for 2020 (+2.8% in 2019).
Despite an expected turnaround in global GDP growth, both IMF and the Organisation for Economic Co-operation and Development caution that there are still uncertainties and downside risks for growth in 2021, especially with the potential of new cases increasing widely or if there are challenges in the development and deployment of a vaccine.
We believe the downside risks to 2021 would be less influenced by trade tensions between the US and China, and incoming US president Joe Biden has promised to strengthen trade relations with its allies. With mounting domestic issues at hand, especially with concerns about the pandemic as well as further stimulus measures, we do not anticipate Biden will place additional pres
Posted on January 16, 2021 | Views: 13,391
Awaken Mgr2021-01-17T09:36:15-08:00
This interview took place in front of 650 people at a retreat with Eckhart Tolle and Kim Eng in Norway in September 2015.
Eckhart Tolle: Yes.
David: How would you describe the process of Awakening and would you share a few personal stories about the ups and downs of your own Awakening?
Eckhart: In the case with me, the suffering became so intense I couldn’t stand it any more. I couldn’t stand myself any more. On some level it must have been a realization that I was generating the suffering. I didn’t really consciously know that but I could not live with myself any more.
SINGAPORE's benchmark Straits Times Index (STI) touched 3,000 points on Thursday for the first time since March last year, gaining 0.76 per cent or 22.49 points. Read more at The Business Times.
Sharp rise in online trading on stock market
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published : 11 Jan 2021 at 04:30
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Online accounts trading on the Thai stock market nearly doubled last year in line with global trends, due to lower commissions and greater convenience as well as overall increased trading volume following the pandemic.
According to data from the Stock Exchange of Thailand (SET), there were 11.4 million accounts trading online in 2020, or 34.4% of total market turnover, up from the previous year s total of 6.82 million accounts or 25.3% of the total market trading volume.
In 2020, the SET recorded total trading value of 16.4 trillion baht, up 27% from 2019, and its average daily turnover was 67.3 billion baht, up 28.3% from the previous year s daily trade volume of 52.5 billion.
Maybank Investment Bank is looking at a stock market benchmark index target of 1,830 for this year.
PETALING JAYA: A combination of better earnings and ample liquidity is what will drive the local equity market higher this year.
Maybank Kim Eng regional head (equity research) Anand Pathmakanthan said the investment bank was looking at a 45% year-on-year growth in terms of corporate earnings this year against a decline of 11% last year, supported by continued growth in the earnings of glove companies as well as a recovery in earnings of sectors like banking and plantation.
“Earnings outlook and liquidity – in both areas, 2021 is looking good, “ he said via an online briefing session yesterday organised by Maybank Investment Bank.