All Countries and All Sectors

January’s revelation that the Philippines’ economy grew 3.7% in 2011 came as the government and central bank announced new measures to further boost growth. Indeed, President Benigno Aquino’s administration plans to spend its way through current economic challenges, refocusing on domestic − rather than foreign − markets.

Recent strong performance of the retail sector looks to indicate that Dubai’s tourism sector could be entering a period of sustained growth, despite the regional impact of the Arab Spring. Traditionally, these two sectors have been closely linked, with millions of tourists coming to the emirate each year to experience what has become known as the “shopping capital of the Middle East”.

The financial sector in Ras Al Khaimah (RAK) performed well in 2011, with banking institutions weathering uncertain global economic conditions. Expected investments from the government and private sector, meanwhile, are set to keep capital flowing in and offer opportunities for further growth.

A new draft National Information and Communications Technology ICT Policy, released in January, aims to bring together all of Nigeria’s related technology policy under a single statute, overhauling outdated regulations to better manage the country’s dramatic growth in computer and internet usage over the past decade.

The real estate market in Mongolia is expected to expand significantly in the coming years, thanks in part to increasing incomes and rapid urbanisation created by the country’s mineral wealth. With the capital city expected to be home to more than half of the population by 2030, Ulaanbaatar will be the focus of this surge in real estate growth.

La baja penetración bancaria minorista en el Perú ha obligado a sus bancos y entidades microfinancieras a diseñar estrategias innovadoras para expandir su base de clientes. Si bien el PBI per cápita del Perú se incrementó de $3312 en 2006 a $5291 en 2011, muy pocos peruanos encomiendan sus ingresos adicionales al banco.