Via ColomboPage, a report on Sri Lanka: Sri Lanka will become an upper middle income country with a per capita income of US$ 4,000 by 2015, the Governor of the Central Bank of Sri Lanka Ajith Nivard Cabral says. Sri Lanka’s current per capita income is expected to reach US$ 3,000 by the year’s end […]
Read more »Via Project Syndicate, an interesting look at African consumers: Nowadays, Africa’s economic potential – and the business opportunities that go with it – is widely acknowledged. Poverty and unemployment are still more widespread than in other emerging markets, but accelerating growth since 2000 has made Africa the world’s second-fastest-growing region (after emerging Asia and equal […]
Read more »Courtesy of The Financial Times, a report on Indonesia’s strong consumer spending: Indonesia’s economy grew by an enviable 6.2 per cent in the third quarter, in line with market expectations. With benchmark rates at a record low and exports responsible for a far smaller portion of the economy than its neighbours, Indonesia appears to have […]
Read more »Via The Financial Times, a look at Libya: A Libyan oil terminal burns during the civil war. Security troubles continue to make life difficult for business The property mogul beams with pride as he shows off his vision for developing Benghazi’s dilapidated city centre, which was sorely neglected during the four decades of Colonel Muammer […]
Read more »Via The Financial Times, a look at online retail in India: When it comes to internet users, India is growing fast. While the number of internet users globally rose 7 per cent last year, the figure was 41 per cent in India. And this is creating some interesting opportunities – not least for clothing retailers. […]
Read more »Courtesy of The Financial Times, an article on L’Oréal’s entree into Colombia and its plan to use that nation as launch pad into other parts of South America: Colombia’s female beauty is renowned for being naturally stunning. Sometimes there are some enhancements to what nature originally provided, though, helped by the scalpel of a plastic […]
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