After decades as a primarily agrarian society, over the past six years Myanmar has made considerable progress towards the development of a sustainable industrial base. Its key manufacturing sectors – which include textiles and garments, food and beverage (F&B) products, and construction materials – have attracted growing investment and, consequently, have rapidly expanded output. In 2014...
Industry
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Chapter | Industry & Retail from The Report: Myanmar 2016
Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.
Articles & Analysis | Fast fashion retailers gain popularity in Peru from The Report: Peru 2016
The fast fashion business model has revolutionised the apparel industry. By streamlining design, production and distribution, the latest clothing trends can be transferred from the catwalk to the sales rack in a matter of weeks. One of the keys to the success of the model is the near-shoring of suppliers. Inditex, owner of numerous brands...
Articles & Analysis | Peru steel firms seek profit in competitive climate from The Report: Peru 2016
In recent years Peru’s steel production has remained steady, at some 1.1m tonnes annually. With the development of major mining and infrastructure projects, the country imports about half of its total steel consumption. Around 70% of the demand is for long steel products, of which 60% has traditionally been supplied by local producers. For...
Articles & Analysis | Peru government initiatives to diversify local industry from The Report: Peru 2016
Traditional exports, principally metals, have helped make Peru one of the fastest growing Latin American economies over the last decade. However, falling commodities prices have taken their toll on export revenues and GDP growth. The focus of the Ministry of Production (PRODUCE) in recent years has, therefore, been on diversifying the Peruvian...
Chapter | Industry & Retail from The Report: Peru 2016
With falling commodity prices taking their toll on Peru’s export revenues and GDP growth, the focus of the Ministry of Production (PRODUCE) has turned to the diversification of the economy and provision of greater added value to production. PRODUCE has set the target of returning Peru to 7% growth rates through private partnerships that will develop the country´s secondary and tertiary...