An increasing appetite for domestic content and a rising appreciation by foreign filmmakers of South Africa as a filming location should sustain growth in the country’s entertainment industry, with the sector’s expansion set to outpace that of the broader economy in the years ahead.
Announced in June and effective from July, a KSh2.1trn ($20.5bn) budget marks Kenya’s largest to date, with planned expenditure up by about 18% on funds allocated in the previous fiscal year.
A revival in international passenger numbers, coupled with strong domestic traffic, has seen Thailand accelerate its aviation infrastructure investment programme to meet increased demand.
Investment regulation reforms and the removal of foreign-ownership caps in several industries may help spur capital investment as well as bolster confidence in the Vietnamese economy.
Lower oil prices are likely to moderate Bahrain’s economic growth this year, though a strong non-oil sector, along with a sustained programme of state investment, should underpin GDP expansion into 2016 as oil markets await renewed demand.
Government efforts to loosen regulations banning foreigners from directly owning property in Indonesia promise to bolster tax revenues and spur greater investor interest.
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