Although economic headwinds have thrown international markets off course, the Philippine economy has managed to stay on a relatively even keel. Local authorities note that while GDP growth slowed in 2011 relative to 2010 due to weak external demand and government underspending, household
Articles & Analysis | Museum hopping: A tour of the cultural attractions in the capital from The Report: Kuwait 2012
Although located in a region that includes several ostentatious and glitzy neighbours, Kuwait takes a different approach to attracting visitors. Nestled between Iraq and Saudi Arabia in the north-west corner of the Gulf, the country is turning itself into a regional centre of retail as well as culture.
Articles & Analysis | Capacity and competition: To meet market demand, the hotel segment is set to grow rapidly from The Report: Mongolia 2012
The next several years are likely to see the Mongolian hotel market become considerably more competitive and dynamic as major international chains open in the country and existing institutions look to strengthen their positions in the industry.