Recording steady growth in recent years, Myanmar’s industrial and retail sectors have been buoyed by solid macroeconomic fundamentals, economic liberalisation and regulatory reforms encouraging investment and expansion. The new administration has set a bold industrialisation target, with manufacturing expected to become one of the most significant economic growth drivers in the coming years....
Displaying 475 - 480 of 1025
Chapter | Industry & Retail from The Report: Myanmar 2017
Articles & Analysis | Ghana authorities launch new fund to develop domestic pharmaceuticals manufacturing from The Report: Ghana 2017
By announcing a $26m grant to support local pharmaceutical production, the government has reiterated its support to the development of an industry it views as a pillar of economic growth. The timing of this initiative is welcome, as local firms struggle to obtain financial assistance at affordable lending rates.
Articles & Analysis | Authorities move to prevent unfair trade practices in Ghana's industrial sector from The Report: Ghana 2017
The Cement Manufacturers Association of Ghana (CMAG) has repeatedly pressured the government over the course of the past couple of years to take action against what it views as unfair trade practices, in particular from Nigeria and China. As a result, the government recently adopted protective measures, including establishing mechanisms to...
Articles & Analysis | Ghana government to expand domestic industry to align with future growth from The Report: Ghana 2017
Ghanaian industry continues to display long-term growth potential across several sectors, including agro-processing, automobiles, pharmaceuticals and fast-moving consumer goods (FMCGs), among others. In the short term, while many firms are investing in boosting productivity to take advantage of existing opportunities, significant challenges,...
Articles & Analysis | Increased currency stability to boost overall business confidence in Ghana from The Report: Ghana 2017
While helping to increase exports, Ghana’s depreciating currency, the cedi, has had a negative impact on a number of local industries relying on imported inputs, like manufacturing. As 2016 reached its close, though, a combination of measures appeared to be contributing to greater currency stability.
Articles & Analysis | Favourable demographics point to future potential in Ghana's automotive industry from The Report: Ghana 2017
While the automobile industry is yet to surpass peak sales levels achieved in 2012, the sector is slowly recovering its breath. The market is still largely dominated by second-hand sales, yet as the economic situation in Ghana stabilises over time, the country’s growing middle class and overall young and urban population could spur the...