Venezuela’s revenue comes mainly from oil exports; therefore, owing to the reduction of oil prices, the Venezuelan economy has been dramatically affected. During 2014, 2015, 2016, 2017 and 2018 the macro-economic numbers for Venezuela have substantially deteriorated, and inflation and devaluation are reaching historically high proportions.
Myanmar’s economy has been among the fastest-growing economies in Asia in recent years, with an expected GDP growth of around 6.6 per cent for 2018 and 7 per cent for 2019, according to the Asian Development Bank. Myanmar’s economy is supported by its abundant natural resources and commodities.
The Dominican Republic offers multiple business and investment opportunities as a result of its unique geographical location, current legal framework, economic stability and infrastructure. Its location, in the centre of the Caribbean, allows it to access the North, South and Central American markets with relative ease, as well as to serve as a bridge between those markets and Europe to trade goods and services.
Malaysia rooted its economy on its wealth of natural resources in agriculture and forestry and export of such commodities including rubber, tin, palm oil, petroleum and cocoa. Slowly, Malaysia diversified its economy by utilising natural resources and ventured into manufacturing sectors with separate sections on rubber-based products, palm oil products, electronics and electrical products. In 1983, Malaysia manufactured its first own national badged car company under the name of Proton and set in motion the country’s automotive industry.