The Thai government has unveiled a new package of measures aimed at promoting economic activity and maintaining growth at up to 5%, though opinions are mixed whether the stimulus programme will be able to meet its targets, or even whether it is warranted in the current economic climate.
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Foreign firms have objected to trade union proposals to raise the minimum wage, fearing this will cost the Philippines its competitive edge in what is an increasingly tough global investment climate. However, unions say the changes are crucial as workers need to shoulder increasing utility costs.
Among the cultural attractions that Colombia has to offer, its array of music and dance styles are the most representative. In addition to an introduction to Colombia’s most distinguished dances, this chapter contains helpful information for visitors to Colombia, including information on dress code, language, visas, communications, currency and traffic. It also features hotel listings and contact...
Consistent macroeconomic growth in the past decade, averaging 4.5% from 2002 to 2012, has renewed investment confidence in Colombia. Strong economic performance is expected to continue with the IMF anticipating GDP growth of around 4.1% in 2013. With a liberal legislative framework for free trade zones and high investor protection, Colombia attracted the second-highest investment flows in the...
Chapter | Country Profile from The Report: Colombia 2013
A new era of confidence is sweeping Colombia after a history marked by instability, social inequality and counter-insurgency efforts against guerrilla movements. Steady economic progress and increased security have renewed confidence in Colombia, which has sought to further integrate its economy regionally as well as globally through free trade agreements and membership in regional blocs. With...
Economic update | Las inversiones en infraestructura impulsan el crecimiento del PIB en Panamá
23 Aug 2013
El gobierno de Panamá continúa invirtiendo fondos públicos en el marco de la revisión de la infraestructura nacional que se viene desarrollando, la cual incluye mega-proyectos tales como la expansión del Canal de Panamá equivalente a US $ 5.25 mil millones, el Metro de Ciudad de Panamá que asciende a los US$ 1.88 mil millones, el mejoramiento de las carreteras, los aeropuertos y los puertos nacionales.