The economy in Trinidad and Tobago is expected to see a short-term boost from increased public spending in the run-up to the general elections, scheduled for September 7.
Economy
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The current drive in Mongolia to promote growth and foreign investment appears likely to yield results, as a key breakthrough in a long-running dispute over the expansion of a mine will help act as a stimulus for a 10-year, $1bn sovereign issue in the coming months.
Recent attempts by the Central Bank of Myanmar (CBM) to reduce the use of dollars triggered an unexpected backlash in the form of dollar hoarding and black market trading, providing a timely reminder that managing the currency demands of a newly-opened economy is something of a learning curve.
Higher exports, supported by a robust industrial performance, took Vietnam’s GDP growth to a seven-year high in the first half of 2015, though trade imbalances and the risk of contagion from China remain a concern.
Articles & Analysis | Single market to lead to gradual regionalisation of insurance in Indonesia from The Report: Indonesia 2015
The ASEAN Economic Community’s (AEC) launch in 2015 is likely to have an impact on the region’s insurance industry. As the single market emerges, financial services will become borderless, products from one country will be sold in others, labour will be portable and companies will branch out into markets outside their home jurisdictions. However, the method and pace of...
Articles & Analysis | Capital requirements to drive tie-ups between local and foreign insurers in Indonesia from The Report: Indonesia 2015
Despite the talk of restrictions on foreign investment in insurance in Indonesia, international companies remain interested and active in the sector. A number of significant deals were completed in 2015, with others in the works, suggesting that the market’s potential outweighs the risk of ownership limits being put in place. For local insurance companies, capital pressures...