Phuket Booms As Wealthy Russians Seek A New Home
January 14th, 2024
Courtesy of Nikkei Asia, a report on a Russian-driven real estate boom in Phuket: “Phuket is a paradise and we welcome everyone who wants it for their second home,” declared Sophon Suwannarat, Phuket’s new governor. Dressed in fine Thai silk, he was guest of honor at the champagne-fueled launch party for Gardens of Eden in […]
Read more »Somaliland: Dialing Up 5G Against All Odds
January 14th, 2024
Via Quartz, a report that Somaliland is one of the first low-income countries to roll out the high-speed network: Somaliland, the breakaway region of Somalia, is making a bold leap into the future by embracing 5G technology. This rollout, amidst ongoing security concerns, poverty, hunger and a complex humanitarian situation, marks a significant step in the country’s reconstruction and development efforts. […]
Read more »Montenegro’s Scandal-ridden Chinese Road
January 14th, 2024
Courtesy of The Diplomat, a look at how – a decade on – Montenegro faces crippling economic challenges and environmental degradation from the ambitious (and still incomplete) highway project: Conceived and planned a decade ago under a near billion dollar Belt and Road Initiative (BRI) loan by the Export-Import Bank of China, and built by […]
Read more »Africa’s Growth Prospects in 2024: Niger Forecast To Be Fastest Growing Economy
January 11th, 2024
Courtesy of Semafor, an article on Africa’s growth prospects in 2024: Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2024, the World Bank said in a new report. Growth in the region slowed to 2.9% in 2023, from 3.7% and 4.4% in 2022 and 2021, respectively. All but two of the 48 economies in […]
Read more »Philippine Economic Recovery in a Rebalancing World
January 11th, 2024
Via East Asia Forum, commentary on the Philippines’ economic forecast: Philippine aspirations to hit upper-middle-income country status were derailed by the COVID-19 pandemic, but economic planners remain optimistic that this target can be achieved by 2025. If a new era of global political and economic rebalancing is taking place, there are clear internal challenges and […]
Read more »China, Myanmar Revive Hopes for Bay of Bengal Deep Water Port in Kyaukphyu
January 11th, 2024
Via South China Morning Post, an article on revived hopes for a Bay of Bengal deep water port: Renewed push for Citic-led project in Rakhine state comes amid continued clashes between ethnic rebel groups and the ruling Myanmar junta Port expected to allow Beijing to bypass South China Sea for oil imports is cited as […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.