CEIC Blog

Curated news and insights covering emerging and developed markets directly from CEIC's analysts worldwide.  

Article

India Foreign Trade Policy Review

13th December 2017
The Indian Commerce and Industry Ministry released a review of the Foreign Trade Policy (FTP) for the period 2015-20 on December 5. The most discussed point of the presentation was the enhancement of the scope of the Merchandise Exports from India Scheme (MEIS) and the Service Exports from India Scheme (SEIS). The government announced that incentives worth 8,450 crore INR (1,3bn USD) would be applied to facilitate exports in labor-intensive sectors such as leather and footwear, hand-made carpets, agriculture and marine products.
Article

Eurozone: Deepening TARGET2 Imbalances

3rd November 2017
As of August, the countries that are running the biggest deficits are Italy (-414.2bn EUR) and Spain (-384.4bn EUR) - an amount that roughly mirrors the TARGET2 claims of Germany (852.5bn EUR). The roots of Italy's imbalance can be traced to the sovereign debt crisis in the Eurozone, when foreign investors have cut their exposure to Italian bonds. Other factors also weigh in, especially the ECB's quantitative easing (QE) program which has prompted Italians to decrease their holdings of the country's bonds in favour of higher-yielding foreign assets.
Article

Malaysia's 2018 Budget

3rd November 2017
Last week Malaysia's Prime Minister Najib Razak announced the 2018 budget, introducing government plans to contain the country's fiscal deficit.