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The Center for Research and Communication was founded in 1967 as a private, non-stock, non-profit research institution serving the needs of the business community for economic information. It pioneered in economic forecasting and industry analysis, regularly communicating economic forecasts and industry studies through written reports, briefings, conferences and seminars. Soon after, CRC started to offer graduate degree courses to complement the training of its research staff.

CRC today is in the process of further rationalizing its operations by creating new divisions to achieve a greater focus in sectors that have in recent years become integral to the economic development of the country. By establishing divisions that will concentrate on knowledge work for the tourism and information technology industries among others, CRC hopes to help shape policy in these areas that will help to realize their full potential in the near future.

Throughout the years, CRC has kept the tradition of balancing scholarly research and active engagement in policy debates and reforms. Taking advantage of the opportunities arising from new technologies and the advent of a borderless world to expand the scope of its mission, today's CRC continues to follow this tradition of harnessing knowledge for progress.

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