Emerging Markets- Highlight
11 May 2018
Russia is getting ready to host the 2018 FIFA World Cup by investing heavily in its infrastructure. This state-assisted investment has become part of Russia’s effort to diversify its economy from its traditional pillars, and has helped it offset the impact of Western sanctions and caution in the international investment and financing sector. It has also underpinned the rapid growth of Hong Kong-Russia trade.
With 2017 alone seeing educational institutes across the Philippines enjoying a 25% increase in government funding, many of the country's schools and colleges are in the midst of an unprecedented and widespread technological upgrade.
With sub-Saharan Africa expected to be welcoming 50 million tourists a year by 2022, the focus is now on attracting the highest-spending visitors, with the new generation of affluent, digital-savvy Chinese travellers topping everybody's list.