Mongolia’s government is emphasising its plans to diversify from reliance on mining-related revenues and investment in the hope that the development of the manufacturing and agricultural sectors will create a more advanced industrial base.
Industry
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The government in Thailand is hopeful that a weakening of export sales to Europe will be offset by rising demand for Thai goods and services among fellow ASEAN countries and the US.
Economic update | Malaysia: From rainforest to market
28 Sep 2011
The early September announcement that Malaysia is home to some 6000 species of herbs, all of which could have commercial value, has refocused attention on the possibility of a brand-new industry for the South-east Asian nation.
Economic update | RAK: Targeting small businesses
27 Sep 2011
Small and medium-sized enterprises (SMEs) play a growing role in RAK’s economy, enjoying government support and benefitting from continued upgrades to the local infrastructure.
The Philippines business processing outsourcing (BPO) sector is fast developing into one of the pillars of the nation’s economy, with both earnings and employment levels soaring in recent years, though there are concerns that international competition, rising costs and staff shortages could undermine future growth.
En la última década, el sector industrial y de manufactura peruano se ha expandido sostenidamente junto con su creciente economía. Se espera que la economía siga creciendo a paso fuerte (se prevé un crecimiento de entre 6% y 7% en 2011), por lo que el sector de manufactura debería recuperarse del difícil período que siguió a la crisis financiera internacional. El sector engloba varías áreas prometedoras, como textiles, producción de alimentos y agricultura, y servicios de valor añadido que derivan del desarrollo de su amplio sector minero.