The victory of pro-democracy opposition groups in Myanmar’s general election on November 8 is expected to bring renewed investor confidence, as the country continues to pursue an agenda of economic liberalisation.
Asia Economy
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Foreign direct investment (FDI) and trade in Brunei Darussalam are expected to increase under the recently agreed Trans-Pacific Partnership (TPP) deal, dovetailing with the Sultanate’s efforts to diversify its economy.
Economic update | Mongolia eyes rural growth
29 Sep 2015
Mongolia’s remote regions are beginning to feel the benefits of public and private initiatives aimed at attracting investment and promoting rural development in a bid to tackle rising levels of urbanisation and imbalances in regional wealth.
Falling commodity prices and a slowing economy will cut into Papua New Guinea’s national revenue this year, although with growth levels forecast at 10% or more, the impact of any downturn may be softer than expected.
Following successful completion of the Papua New Guinea liquefied natural gas project, the country is experiencing a surge of optimism about foreign investment and overall economic growth. PNG remains favoured by its traditional investors such as Australia, but it is increasingly a target for new players, including China and Japan.
Articles & Analysis | Many variables: Page 34 from The Report: Papua New Guinea 2015
With the ramping up of the PNG LNG project, the contribution of the resources sector will rise from 12% to 22% of GDP over the span of a year. Falling LNG prices, however, will affect returns in the near term. PNG is a resources-dependent economy and is set to become more so over time, but the development of other sectors is also key. The non-...