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Safety worries will slow micro-mobility adoption

Location:

INTERNATIONAL

Its larger rival Uber is likely to follow suit. Such ride-hailing and sharing technology companies are at one end of the micro-mobility transformation of urban transport to rider…

Nepal is unlikely to face a severe economic crisis

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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…

New railway’s early days give Laos cause for optimism

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LAOS

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…

Laos is at growing risk of sovereign debt default

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LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Sri Lanka’s economic crisis is far from resolution

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SRI LANKA

Prime Minister Ranil Wickremesinghe, only appointed in May, has also said he will quit. Wickremesinghe has played a key role in talks with the IMF over a desperately needed…

Sri Lanka move on domestic debt will be of limited use

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SRI LANKA

Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

Parts of Greek economy will be unreformed post-bailout

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GREECE

Greece will re-enter international capital markets solely on the strength of its economy, after a near-decade-long recession that wiped out one-quarter of its output and left…

Manama will struggle to vary its investor offering

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BAHRAIN

The Economic Development Board (EDB), the country’s investment promotion agency, announced in March that its ‘golden licence’ scheme of incentives for local and foreign investors…

Morocco will struggle to lift growth rates

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MOROCCO

This is below the medium-term target of average annual real GDP growth of 6%, with economic performance largely affected by poor agricultural harvests. There was a modest recovery…

Virus will have wide effects on US industry

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UNITED STATES

Trump on March 16 ordered social distancing and many businesses’ closure for 15 days, to slow COVID-19’s spread and avoid overwhelming hospitals. Transport, tourism, leisure…