Manufacturing plays a key role in the non-energy economy, of which it is the second-largest component. It is also a significant employer, accounting for 8% of the active workforce as of the third quarter of that year, per the most recent central bank figures. While the outlook for manufacturing remains challenging, performance figures indicate some measure of success in broadening the country’s...
Retail
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Chapter | Industry & Retail from The Report: Trinidad & Tobago 2018
Optimism is returning to Trinidad and Tobago after years of recession. With the IMF forecasting GDP expansion of 1% in 2018 and 0.9% in 2019, the government now has the opportunity to shift their focus from tackling short-term economic problems to implementing long-term reforms and policy initiatives.
Economic update | El aumento en las ventas augura un buen futuro al comercio minorista de Colombia
10 Oct 2018
Durante los primeros cinco meses del año, las ventas al por menor en Colombia se han incrementado gracias al aumento de la confianza de los consumidores, con un mercado sólido que continúa atrayendo a empresas dedicadas a la construcción de centros comerciales y a minoristas internacionales.
Economic update | Increased occupancy rates and rental returns to boost Kenya’s retail expansion
5 Oct 2018
Kenya’s retail sector is looking to recover from a slow 2017 following solid gains in occupancy rates and rental returns; however, oversupply in some regions, along with an acceleration in consumer and wholesale prices, could dampen expansion.
Rising demand and an accelerating population shift to major urban centres is driving activity in Sri Lanka’s retail sector, with a series of large-scale developments to launch in the coming months; however, recent pressures on domestic spending power could curb sales in the shorter term.
Interviews & Viewpoints | Chey Scovell, CEO, Manufacturers Council of Papua New Guinea: Interview from The Report: Papua New Guinea 2018
How would you assess government attempts to provide greater incentives for domestic industry?