Although it has moderated from earlier double-digit highs, GDP growth remained robust in the early 2010s, accelerating from 5.3% in 2010 to 5.6% in 2011, 7.3% in 2012, 8.4% in 2013 and 8% in 2014. Growth has dropped off slightly since 2015, reaching 7% that year and 6.1% in 2016, according to the IMF. External headwinds, internal conflict and delayed implementation of some key reform policies...
Chapter | Country Profile from The Report: Myanmar 2018
Considered to be the last frontier market in South-east Asia, Myanmar remains focused on creating the right set of conditions to attract and facilitate foreign investment to spur economic development. Following decades of military rule that maintained a socialist and centrally planned economic model, cutting off access to the world’s financial markets and main trading routes, the country’s...
Economic update | SME accelerator initiative to support Bahrain’s diversification strategy
Bahrain has moved to improve its start-up ecosystem as part of plans to further diversify the economy, launching a new funding and training initiative specifically targeting entrepreneurs and small and medium-sized enterprises (SMEs).
Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
Articles & Analysis | Helpful phone numbers for visitors to Bahrain from The Report: Bahrain 2018
Bahrain Defence Force +973 17 653 333 Cabinet Affairs +973 17 223 366 Education +973 17 278 999 Finance +973 17 575 000 Foreign Affairs +973 17 227 555 Health +973 17 288 888 Housing +973 17 533 000 Industry, Commerce & Tourism +973 17 574 777 Information Affairs & Parliamentary Affairs +973 17 871 111 Interior +973 17 572 222 Justice...