For a regular star-performer among emerging markets, the Turkish economy had a modest year in 2014, with the rate of growth easing and the lira tumbling, though exporters managed to post record earnings despite weaker demand from some key markets.
For a regular star-performer among emerging markets, the Turkish economy had a modest year in 2014, with the rate of growth easing and the lira tumbling, though exporters managed to post record earnings despite weaker demand from some key markets.
A slowing of domestic and overseas demand, combined with uncertainty over Thailand’s political direction, cooled the economy in 2014, with most forecasts for this year indicating growth will remain subdued.
The telecoms market in Trinidad and Tobago is preparing itself for a shake-up following the news of a major acquisition in December at the same time as competition is set to intensify via the launch of a new mobile phone licence.
Lower oil prices and a rise in domestic demand could fuel a modest rebound for South Africa’s economy in 2015 after power supply and labour disruptions slowed growth last year.
Falling mineral prices and a tapering of foreign investment resulted in slower economic growth in Mongolia in 2014.
Automotive sales are set to accelerate in Malaysia this year with increased investment in production and greater emphasis on fuel-efficient vehicles, though a number of adverse factors such as a new goods and services tax (GST) as well as the strengthening US dollar may weigh on demand.
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