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Economic woes will dampen investor confidence in Laos

Location:

LAOS

Issues such as soaring inflation, currency depreciation and debt repayment problems are having a major impact on the economy. The World Bank estimates that GDP grew by 3.7% in…

Tourism reopening will ease Bhutan’s economic strains

Location:

BHUTAN

The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

Economic outlook remains weak in Jamaica and Trinidad

Location:

JAMAICA/TRINIDAD

Inflation and interest rates are up, although unemployment and poverty levels remain relatively low. More generally, both countries are being challenged by rising rates of violent…

Greek government has made good start towards recovery

Location:

GREECE

Mitsotakis government’s first moves.

East Timor-Australia ties are at a crossroads

Location:

EAST TIMOR/AUSTRALIA

He urged Australia’s Prime Minister Anthony Albanese to help resolve a long-running impasse over whether gas from the Greater Sunrise gas field should be refined in East Timor or…

Greece may regain investment grade in 2023

Location:

GREECE

Passage from speculative to investment grade (IG) would mark the end of the sovereign debt crisis besetting the country since 2009. The upgrade would lower government borrowing…

Nepal is unlikely to face a severe economic crisis

Location:

NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

Philippine economy should perform solidly this year

Location:

PHILIPPINES

Inflation is a top challenge for the government, which targets 6.0-7.0% GDP growth in 2024, compared with 5.5% in 2023. GDP grew by 5.7% year-on-year in the January-March quarter…

Bhutan’s new government may find itself stretched thin

Location:

BHUTAN

The People’s Democratic Party (PDP) was the winner. Poll campaigning was dominated by debate over the economic headwinds facing the small Himalayan kingdom, which lies between…

Debt woes will push Laos even closer to China

Location:

LAOS

It is relying on China -- a fellow one party, Marxist-Leninist state -- to help ease its woes. Meanwhile, the ruling Lao People’s Revolutionary Party (LPRP) is preparing for its…