Published May 03, 2019 Markets Motley Fool Facebook Twitter Comments Print Credicorp Ltd (NYSE: BAP)Q1 2019 Earnings CallMay. 03, 2019, 10:30 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, everyone. I would like to welcome all of you to Credicorp Ltd. First Quarter 2019 Conference Call. We now have our speakers in conference. Please be aware that each of your lines is in a listen-only mode. At the conclusion of today's presentation, we will open the floor for questions. At that time, instructions will be given as to the procedure to follow, if you would like to ask a question. With us today is Mr. Gianfranco Ferrari, Deputy Chief Executive Officer; Mr. Alvaro Correa, Deputy Chief Executive Officer; Mr. Cesar Rios, Chief Financial Officer; Mr. Reynaldo Llosa, Chief Risk Officer; and Ms. Francesca Raffo, Head of Transformation at BCP. Advertisement Now it is my … [Read more...] about Credicorp Ltd (BAP) Q1 2019 Earnings Call Transcript
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SINGAPORE — Last week, leaders and officials representing more than three dozen countries from across the world gathered in Beijing for the second Belt and Road summit. The event marks the two-year anniversary since China first convened its flagship initiative to coordinate trillions of dollars of infrastructure across Eurasia and the Indian Ocean in a broad effort to recreate the old Silk Roads. One nation that was missing from the summit: The U.S.Story Continued Below The fashionable position in Washington today is to dismiss the Belt and Road Initiative (BRI) as a power play that won’t last—an attempt at neocolonial debt trap diplomacy, in which China uses unpayable debts to control less powerful states, that is ultimately destined to collapse under the weight of financially spurious projects. On the other hand, there are also those who view BRI as a serious threat—a sign of China’s continued quest for global hegemony and the presence of a new Cold War … [Read more...] about Washington Is Dismissing China’s Belt and Road. That’s a Huge Strategic Mistake.
Tejumade Afonja was interested in artificial intelligence (AI) for years. She just wasn’t sure there was a name for it. “I didn’t know what it was called at the time,” she says. Instead, the now 24-year-old Nigerian got as close to as AI as she knew how and threw herself into an engineering degree. Over a chance discussion about NASA’s Curiosity Robot, she decided to learn about robotics and taught herself to code with online classes like MIT’s Introduction to Python. That led her an internship with kudi.ai , a startup building a finance app. A trip last year to a data science conference in Nairobi where she met then Microsoft researcher Timnit Gebru and other African academics crystalized everything. “That was the ultimate moment for me,” Afonja says. She came back to Lagos, quit her internship, and dedicated herself to AI, including starting a local chapter of AI Saturdays, a 16-week free class that helps anyone … [Read more...] about How Africa is seizing an AI opportunity
MoIT celebrates soaring export turnover in 2018 The $245 billion in total export turnover and 29 export categories exceeding the $1 billion threshold are touted as a major success for the Ministry of Industry and Trade (MoIT). The rosy export picture was highlighted as one of the achievements of the MoIT in 2018 at the review meeting held on January 17. Notably, last year, Vietnam’s total export turnover reached $245 billion, up 13.8 per cent on-year and exceeding the target set by the National Assembly and the government. 29 goods categories reached $1 billion in turnover, with five categories hitting $5 billion and five others $10 billion. Vietnam’s export markets expanded and now Vietnamese goods are present in almost all markets of the world. Numerous goods categories have set a solid foothold in key markets, including Europe, the US, Japan, and Australia. Especially, Vietnam saw an increase in export turnover in markets it signed free trade … [Read more...] about BUSINESS NEWS IN BRIEF 23/1
Robots will play a critical role throughout the modern workforce. A recent PwC study (pdf) of 29 countries estimated that on average, the proportion of jobs at high risk of automation will be roughly 20 percent by the late 2020s, and 30 percent by the mid-2030s. For employees around the globe, such shifts could mean preparing to share space with robots as colleagues or learning new skills as robots take over the most repetitive or dangerous tasks. When we talk about robots, we are essentially referring to two kinds: industrial robots and service robots. Industrial robots are found in factories or work environments that use assembly lines or similar approaches to build products or pick and pack orders at a fulfillment center. Service robots stand in for humans and are not necessarily machines; in certain cases, they are applications of artificial intelligence or robotic process automation (RPA). Both varieties will be transformative for many workers, depending on their … [Read more...] about How Robots Will Transform the C-Suite