The Indonesian government is in the midst of pursuing an ambitious new growth strategy, emphasizing investment over domestic consumption as a primary growth driver in the wake of depressed commodity prices, lagging household consumption and lower-than-anticipated government revenues.
La industria del turismo en Panamá continúa mostrando un crecimiento sólido en el número de visitantes y se espera que, apoyada en el aumento de las inversiones, siga registrando una mayor expansión.
Oman is pressing ahead with a number of new developments in its tourism sector as part of a drive to diversify its economy amid a backdrop of sustained low global energy prices.
A country of extraordinary diversity, spread across some of the world’s most spectacular, and often inhospitable, terrain, Papua New Guinea today is a country once again at a crossroads. A major economic boom driven by a massive liquefied natural gas project has been swiftly followed by a sharp slowdown as global oil prices fell, and as a result the government has come under some pressure.
While Mexico’s tourism industry posted significant growth last year, the sector must refocus its efforts on improving awareness of and access to peripheral tourist markets to fuel further expansion. According to the UN World Tourism Organisation, the sector recorded 32.1m international tourist arrivals last year, while the World Travel & Tourism Council (WTTC) reported that tourism directly accounted for 7% of the country’s GDP, with this increasing to 15.1% upon taking indirect contributions into account.
Articles & Analysis | Papua New Guinea's Port Moresby grows reputation as international event host from The Report: Papua New Guinea 2016
When Port Moresby was chosen as the location for the 2015 Pacific Games, some people were concerned. The capital does not have the strongest reputation for safety – although this perception is far removed from reality, according to many who live and work there. In any case, the prospect of having thousands of athletes and their families...