The year 2010 will be remembered in Abu Dhabi for the local government forging ahead with a counter-cyclical spending regime aimed at boosting the economy and buttressing the Economic Vision 2030.
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Economic update | Abu Dhabi: Year in Review 2010
7 Jan 2011
Economic update | Brunei: High hopes for halal
7 Jan 2011
Brunei’s halal manufacturing industry is looking at 2011 as its breakthrough year, with the sector aiming to greatly expand both its range of products and the overseas markets its sells to, though there are still some challenges to be met before the full benefits of the groundwork that has been laid can be reaped.
A high-speed railway line could link Thailand, Laos and China as early as 2015, with construction work set to begin in 2011. The joint venture is aimed at strengthening regional integration and economic ties, though questions remain over how it will affect the ASEAN economy.
The Philippines government is hoping that higher levels of investment and better weather will come to the aid of the agricultural industry as the sector tries to compete with other segments of the economy.
As concerns over “hot money” grow in emerging markets, the scale of capital inflows into the Thai economy has led local officials to announce that they are weighing investment controls to limit appreciation pressures on the baht.
Economic update | Philippines: IPO takeoff
4 Jan 2011
The Philippines capital markets enjoyed a flurry of activity in the closing months of the year, with a number of firms aiming to hold an initial public offering (IPO) to take advantage of the high levels of liquidity in the marketplace and the increasing momentum in the country’s economy.