February 23, 2022/United Capital Research Last week, the National Bureau of Statistics released its FY-2021 GDP report. The non-oil sector expanded by 4.7% y/y in Q4-2021, bringing FY-2021 growth to 4.4%. This marks a modest rebound from the 1.3% contraction in FY-2020. The sector remains the primary driver of economic growth, […]

February 23, 2022/Cordros Report Event: On 21st February, the Russian President, Vladimir Putin, ordered the Russian troops to enter eastern Ukraine after recognising Donetsk and Luhansk as independent entities. Meanwhile, in the last few months, events in the global political environment have been primarily centered around the brewing tensions between […]

February 23, 2022/CSL Research As expected, analysis of the Q4 2021 GDP report showed the manufacturing sector real GDP closed the year positive, rising by 3.35% y/y in 2021 from a contraction of 2.75% y/y in 2020. The sector has shown positive growth since the start of 2021, benefitting from […]