Economic Updates

Increased connectivity to boost Bahrain trade links

Bahrain | 15 Sep 2014
Increased connectivity to boost Bahrain trade links

As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia while larger measures are under consideration.

Myanmar in the midst of tourism boom

Myanmar | 12 Sep 2014
Myanmar in the midst of tourism boom

Growing international interest in Myanmar, following the easing of sanctions by the West, has led to a period of unprecedented growth in the tourism industry and has seen visitor numbers soar to 2m last year from 300,000 in 2010, according to governmental data.

Philippines auto sector moves up a gear

Philippines | 9 Sep 2014
Philippines auto sector moves up a gear

The automotive sector in the Philippines is on track to break all records for sales in 2014, as rising demand and relatively low ownership rates means there is room for extended growth in the market. But delays in the launch of a government support scheme for the industry could hold back investments.

Saudi Arabia outlines plans for a more open market

Saudi Arabia | 9 Sep 2014
Saudi Arabia outlines plans for a more open market

Plans for new regulations on direct foreign investment in the Saudi Arabian stock market have been outlined, setting out requirements and limits for oversees buyers seeking to buy into the region’s biggest exchange.

De nouveaux investissements viennent renforcer le secteur de l’aéronautique au Maroc

Morocco | 9 Sep 2014
De nouveaux investissements viennent renforcer le secteur de l’aéronautique au Maroc

Deux nouveaux contrats d’investissement signé par le Maroc, d’un montant total de près de 45 millions d’euros, témoignent du fort intérêt que portent les investisseurs au secteur aéronautique du royaume nord-africain.

Fuelling Sarawak’s palm oil industry

Sarawak | 4 Sep 2014
Fuelling Sarawak’s palm oil industry

Concerns in Sarawak over a short-term decline in the price of crude palm oil (CPO), exacerbated by an increase in local production, are being eased by the prospects of CPO being used in national and international biofuel initiatives. However, doubts have been raised over the impact the programmes will have on the region’s vital CPO industry.

Le Gabon signe sept contrats de partage de production pétrolière

Gabon | 4 Sep 2014
Le Gabon signe sept contrats de partage de production pétrolière

Après des mois de négociations, le Gabon a signé en août sept contrats d’exploration et de production pétrolière, espérant ainsi inciter de nouvelles campagnes d’exploration en offshore profond et générer jusqu’à 1,1 milliard de dollars d’investissements, selon les estimations du ministère gabonais du pétrole.