In the mid-20th century, Argentina was a tantalising draw for investors and talent fleeing post-war Europe. However, questionable financial management in the 1990s led to excessive volumes of debt, hyperinflation and an unprecedented currency crisis. But in only two decades, Argentina has returned as a new focus of investors and companies. The newly elected government is working to recover the interest of American and European companies.
Officials in Myanmar are encouraging proposals for new mining developments following a series of new reforms aimed at incentivising investment in the segment.
New initiatives focused on building agricultural production capacity and lowering costs for goods carried overseas seek to move Papua New Guinea one step closer to becoming a more competitive, export-driven economy.
How did Peru achieve the highest growth in the global retail industry for 2017, and what challenges might result in the short to medium term?
After several years of decline, industrial exports grew by 10.3% in 2017 to reach $4.8bn. This was due to a 4.3% increase in the shipment of chemicals, which hit over $1.4bn, and a 16.8% rise in iron and steel to total $1.2bn. These encouraging figures continued through to 2018. The Association of Exporters (ADEX) reported that industrial...
Driven by the expansion of shopping malls, low prices at supermarkets and pharmacies, and a growing middle class, the retail industry grew by 4.3% in 2017 and is projected by the Lima Chamber of Commerce and the Retail Labour Union to grow by up to 6% in 2018.
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