The intensification of security uprisings in the beginning of August severely hit activity in the Lebanese private sector economy at the fastest rate in six months. Steep drops in output and new orders ... read more
Far from being a simple figure, Lebanon’s imports account for almost 50% of its GDP. Not a shocking fact when you see that ten years ago, imports also stood at 43% of the country’s GDP. The matter to ... read more
The contraction in the private sector’s economy seemed to have pulled the brakes in April. According to Blominvest’s release today, BLOM PMI reached a four-month high in April posting 48.5 points, although ... read more
Lebanon’s public finances have long been precarious. According to the World Bank, in the 10 years prior to the Syrian conflict, the fiscal deficit averaged 9.7% of GDP, taking the debt to GDP ratio to a ... read more
“The private sector’s economy has further contracted in March, as gauged by Blominvest’s economic indicator “BLOM PMI” released today. Posting 46.2 for the month, BLOM PMI was slightly above its February’s ... read more
The headline on KPMG’s 2013 Food and Beverage Industry Outlook reads: “The table is set for change”. Indeed, the global F&B industry is going through a sweeping alteration as advanced technology ... read more
Over the course of 2013, the Lebanese economy faced critical operating conditions. The macroeconomic backdrop was rattled by recurrent security incidents and political deadlocks on one hand and by ... read more
Although the BLOM Lebanon PMI registered 45.5 in February 2014, up from 44.7 in January, the reading still signals deterioration in the performance of the private sector. Commenting on the latest survey ... read more
The contraction of the private sector activity in the second half of 2013 led to pessimistic expectations of several economists and business people. The purchasing managers’ index for Lebanon (BLOM PMI) ... read more
Development of ICT was impressive throughout the past decade but contains stark differences between developed and developing countries, including Arab countries. The International Telecommunication Union ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here