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1 – 10 of 111The IMF recently recommended structural reforms to bolster the economy, which has struggled to recover from the impact of the COVID-19 pandemic. Brunei has long been reliant on…
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DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
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Albanian tourism is booming. The country has posted Europe’s strongest growth in terms of overnight stays (the EU average was 13%). More than 60% of bookings came from foreign…
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DOI: 10.1108/OXAN-DB282074
ISSN: 2633-304X
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THAILAND: Tourism figures bode well
ICELAND: Rapid growth of 2022 will abate in 2023
Both the IMF and the UN Economic Commission for Latin America and the Caribbean forecast growth of 2.0% this year, driven by tourism. Tourism accounts indirectly for almost 40% of…
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DOI: 10.1108/OXAN-DB275764
ISSN: 2633-304X
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ASEAN's growth is nevertheless expected to outpace global growth, of which China and India are expected to contribute more than 50% -- India about 15% and China around 35%.
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DOI: 10.1108/OXAN-DB278021
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB273697
ISSN: 2633-304X
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The government closed the borders in December to avoid further spread of COVID-19, subsequently extending the closure through January. The move implied the loss of the entire…
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DOI: 10.1108/OXAN-DB259237
ISSN: 2633-304X
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This is helping to insulate them from immediate political pressures relating to the pandemic crisis, but their hopes for spurring long-term economic recovery depend greatly on…
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DOI: 10.1108/OXAN-DB253198
ISSN: 2633-304X
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Available second-quarter data indicate a shallower recession in most of the eleven eastern EU member states (EU-11) than the rest of the EU in January-June. This may be due to a…