Via The Dial, commentary on how Kenya’s $5 billion railway to nowhere is exacerbating debt and corruption. One morning in March, a Chinese-built train departed the Kenyan capital of Nairobi and headed to the middle of nowhere. Chugging along the Standard Gauge Railway (SGR), the train was eerily empty until a dozen Kenyan students from […]
Read more »Courtesy of Afshin Molavi’s highly recommended Emerging World Week substack report, a look at India’s growing aviation sector: The battle for the Indian air traveler just got hotter. Budget carrier IndiGo — India’s largest airline — announced last week a blockbuster deal to buy 500 narrow body jets from Europe’s Airbus. The multi-billion dollar deal […]
Read more »Via Columbia ThreadNeedle Investments, analysis of Indonesia’s economic potential: Previously Indonesia has been vulnerable to the commodity cycle, but the country is forging a unique path to unlock its economic potential Government policies have boosted exports, economic growth and attracted much needed long-term investment The country has witnessed an impressive resurgence, with improved macroeconomic performance […]
Read more »Courtesy of Harvard Business Review, commentary on how the price-to-book ratios of Indian subsidiaries of multinationals far exceeds those of their parent companies, suggesting the subsidiaries have better growth prospects. But tailoring your strategy for India requires customizing your products and services and tapping into the “India stack.” At the end of financial year 2022, […]
Read more »Via The Diplomat, a look at – whether or not the rail line turns a profit – Jakarta is hoping that its new high-speed rail line brings a wider range of subsidiary benefits: Test runs are now underway for the long-awaited high-speed rail line linking Jakarta and Bandung, which means the project is nearing completion. […]
Read more »Via Al Monitor, a look at Yemen’s dire economic circumstances: At a livestock market in war-battered Yemen, goats and sheep meant to be slaughtered for the Muslim Eid al-Adha holiday are happily munching on hay, instead of leaving with a buyer. The market trader Eiad al-Alimi expected better business this year, following a lull in […]
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