Hailed by Chinese President Xi Jinping as “the project of the century”, the Belt and Road Initiative (BRI) promises to radically transform a vast swathe of the world’s trade and transport infrastructure. In doing so, it may also transform the way Asia does business with the world, and the way the world does business with Asia.
Building on positive performance in recent years, Myanmar’s economy is set to continue gaining momentum in the near and medium term, despite concerns over the slow pace of economic reforms and social unrest in Rakhine State. The economy is expected to grow by 6.7% in FY 2017/18, which ends in March 2018, according to an IMF forecast released...
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NATIONAL CHARACTER: While Bahrainis are interested in and open to foreign cultures, they are also very proud of their own identity, history and culture, and they are willing to share their local customs and traditions with those who are keen to learn.
Small businesses play an important and growing role in Bahrain’s economy. According to the Labour Market Regulatory Authority, more than 90% of licensed companies had less than 10 employees in 2016 and approximately 98% of them employed less than 50 people each. The activity of this prominent part of the economy has become easier to track in...
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