TAG: Tourism

Patrick Cooke
26 September 2016
Economic Snapshots

An economic boom driven by a $19bn natural gas project was followed by a sharp slowdown as global energy prices fell, putting pressure on the government to spread more equitable development in this resource-rich country.

Oliver Cornock
17 October 2016
Economic Snapshots

While in 2016 the world’s fastest-growing economies suffered due to low commodity prices and currency depreciations, Dubai still enjoyed steady GDP growth at around 4% and an increased drive towards consolidating its position as a knowledge-based economy.

Patrick Cooke
7 April 2016
Economic Snapshots

With GDP growth coming in at 5.8% for 2015, after averaging 6.2% from 2010-14, the Philippine economy is establishing a record of stable high growth rates, and the long-term growth outlook has improved. The BPO sector appears set to continue snowballing and increasingly leading growth across the economy, and the drop in oil prices is an important positive change, the effects of which are likely to continue to play out for years.