Courtesy of The Economist, an article on Myanmar’s new laws on foreign investment: KEEN Western investors call Myanmar the final frontier. That neatly captures the excitement of placing a bet on the last big country in booming Asia to open up to the outside world. After the ending of most economic sanctions against a country […]
Read more »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 The Guardian, a report on Laos: Building momentum … a monk walks past a poster featuring a Vietnamese-financed real estate project in Vientiane, Laos. Laos has long been seen as a poor, landlocked, sparsely populated country. But it is at last emerging from its isolation. Once a part of French Indochina, ranking as the […]
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 »Via The Economist, an interesting look at the fastest economic growth worldwide: DESPITE its slowdown, China is still likely to be the fastest-growing big economy this year. But what will be the zippiest economy, big or small? According to the IMF, Libya’s economy will grow by an astonishing 122% this year. That would be one […]
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 […]
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