10 Nov 22 | CET: 02:25 PM -
10 Nov 22 | CET: 02:50 PM
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Global inflation is expected to peak this year and cool down gradually from 2023 on the back of economic slowdown and rapid monetary tightening. Uncertainty remains, however, and the outlook is subject to many risks. This video answers our top four most frequently asked questions on inflation.
In times of crisis, large companies with diverse portfolios are eyeing demerging and divestitures to optimise their core business and redirect their efforts to areas with larger future growth potential.
Trade tensions and major disruptions in global supply chains have pushed investors to look for alternative business locations. The regional bloc of the Association of Southeast Asian Nations (ASEAN) is increasingly viewed as a prospective option for new investments thanks to trade liberalisation, rapid digital advancement and cost advantages.
Global disruptions caused by the war in Ukraine, soaring energy prices and the pandemic have brought new challenges for businesses, but also new opportunities. While post-pandemic economic growth diminished unemployment, with increasing numbers of job vacancies, the labour market has tightened in many advanced economies, with companies battling for skilled employees.
Ageing, urbanisation and migration continue to be major factors shaping global population. The number of seniors around the world is expected to grow and with it the focus on wellness and health to increase. Meanwhile, rapid urbanisation and intensifying international migration is expected to have long-term implications for socioeconomic development across the globe.
The global economy is on course for a sharp slowdown, with a worsening outlook for the rest of 2022 and below-trend growth forecast for 2023. A looming energy crisis in Europe, the surging cost of living, a sharp tightening of global financial conditions, and slowdown in China are major negative factors. As more economies face recession in 2023, the year ahead will be challenging for businesses and consumers worldwide.
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