pharmaceuticals
Singapore exports rise 9pc
Singapore's key nonoil exports unexpectedly rose for the second straight month in December, beating analysts' expectations and perhaps signaling that the worst may be over for the trade-dependent island nation's economy.
India's pharma industry set to quadruple by 2020
The Indian pharmaceuticals market is estimated to generate a market worth USD55 billion by 2020, according to a new McKinsey & Company report called India Pharma 2020: Propelling access and acceptance, realising true potential. This will be quadruple its value in 2009 when it was worth USD12.6 billion.
The report states that the pharma market has the further potential to reach USD70 billion by 2020 if aggressive growth efforts are embraced.
Singapore's exports surge
Singapore's exports surged unexpectedly in August, with strong demand for electronics and pharmaceuticals from major economies such as the US and Europe, suggesting the global recovery remains on track.
Singapore exports grow
Singapore's key exports continued to grow in February from a year earlier, helped by a strong bounce in the pharmaceuticals and electronics sectors and adding to the case for modest policy tightening next month, government data showed on 17 March.
Non-oil domestic exports rose 23.4 percent in February from a year earlier, the trade promotion agency International Enterprise Singapore said in a statement.
