Search results
1 – 10 of 23The 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…
Details
DOI: 10.1108/OXAN-DB284691
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB275764
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB273697
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB270224
ISSN: 2633-304X
Keywords
Geographic
Topical
However, with a second wave underway and the mining and tourism sectors -- key foreign exchange earners -- upended, he recently changed tack, authorising an immunisation programme…
Details
DOI: 10.1108/OXAN-DB260870
ISSN: 2633-304X
Keywords
Geographic
Topical
Rebooting the economy is just one challenge facing Prime Minister Prayut Chan-o-cha. The junta leader-turned-civilian premier continues to come under pressure from a pro-democracy…
Details
DOI: 10.1108/OXAN-DB266195
ISSN: 2633-304X
Keywords
Geographic
Topical
Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…
Details
DOI: 10.1108/OXAN-DB266266
ISSN: 2633-304X
Keywords
Geographic
Topical
It has fallen from about 6.50 at end-March and 5.95 at end-2019. There is speculation about a possible balance of payments crisis due to the COVID-19 pandemic, economic…
Details
DOI: 10.1108/OXAN-DB251995
ISSN: 2633-304X
Keywords
Geographic
Topical
While concerns remain that the project will worsen its external debt position, demand to use the line is strong, even though there are currently no onward services for passengers…
Details
DOI: 10.1108/OXAN-DB270381
ISSN: 2633-304X
Keywords
Geographic
Topical
The economic impact of COVID-19.