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An agreement to invest in coal-fired power generation could be a positive move for broadening Nigeria’s energy mix and strengthening formal grid supply, which lags well behind demand.
While cement manufacturers in Oman are expanding operations to meet new domestic and international demand, they continue to face a challenging business environment due to intense foreign competition. However, the outlook for future growth remains positive as the government rolls out infrastructure projects as part of its current five-year economic development plan.
With one of the world’s strongest tourist industries, Thailand is now working to build on its international reputation, developing high-earning segments and broadening its market reach.
The collapse of a leading Mongolian bank has underscored both the weaknesses and strengths of the banking system, with an apparent failure of corporate governance prompting a swift reaction from regulatory authorities.
A tourism leader in the region, Malaysia has seen its position challenged in recent years as nearby rivals have stepped up efforts to attract more visitors.
The weakening of the lira could herald further problems for the cooling Turkish economy, with growth forecasts being scaled back and an expanding trade deficit taxing government efforts to keep interest rates low and inflation under control.

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