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...
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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
29 Mar 2018
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 | A guide to Bahrain's hotels from The Report: Bahrain 2018
Relaxing retreat ELITE RESORT & SPA Bldg. 101 Sheikh Hamad Causeway T: +973 17 313 333 / +973 17 558 200 F: +973 17 558 229 / +973 17 558 229 cro@elitegrouphotels.com www.elitegrouphotels.com Rooms: 154 suites with one-, two- or three-bedrooms. Non-smoking rooms, VIP rooms, bridal suites. Business & Conference Facilities: 24-hour...