Articles

Key View:

• Real GDP growth will accelerate in Mexico in 2018 and 2019, driven by manufacturing and service sector growth.
• In 2019 and 2020, we expect a further uptick in growth, fuelled by growth in the primary sector and increased public spending under the administration of leftist populist Andres Manuel Lopez Obrador (AMLO).
• However

This quarter, we maintain our forecast for 3.3% growth in new vehicle sales across 2018, with commercial vehicle (CV) sales (3.9%) set to outperform passenger vehicle (PV) sales (3.0%).

• Following another year of double-digit declines for new vehicle sales in 2017, we adopt a cautiously positive view on the Omani market in 2018.
• We

The implementation of the International Maritime Organization (IMO)'s cap on sulphur content in marine fuels will prove majorly disruptive globally. Below we explore key implications for the oil and shipping sectors. 

The implementation of the IMO’s 2020 sulphur cap (IMO 2020) will accelerate efforts to curb maritime air pollution. However, it

Key View:

• In a bid to expand its portfolio, ride-hailing app Grab is partnering with HappyFresh to enter the online grocery delivery service market in South East Asia via Indonesia, Malaysia and Thailand.
• This strategic move would allow Grab to become an "everyday app", used by consumers for different needs and throughout the day, while also

China is set to lead the way on rail projects over coming years, dominating the global project pipeline in terms of both the value and the number of projects. While China is the major hub of rail sector activity, a mix of both developed and emerging markets including the US, India and Australia will offer substantial investment opportunities

Key View:

• There is increasing political will in Egypt to develop the healthcare sector.
• Legislative changes and financial backing from the World Bank will boost the success of Egypt's healthcare reform project.
• Healthcare reforms pose upside risks for drugmaker opportunities.

In July 2018, the World Bank announced plans to invest EGP9.5bn

• Sri Lanka's healthcare market has significant growth potential.
• Financial backing from the World Bank will boost the success of Sri Lanka's healthcare reform project.
• Private healthcare providers will continue to build their presence in the country.

Forecasts:

The healthcare spending in Sri Lanka is forecast to expand to LKR483.0bn (USD2.9bn

On paper, the Khartoum Declaration of Agreement holds substantial upside to South Sudan's oil production. However, the degree of damage inflicted on South Sudan's oil production in recent years and major barriers to the deal's implementation will continue to crimp the country's output.

• The Khartoum Declaration holds significant upside potential

• Economic uptick in Mongolia will spur private consumption as incomes rise and consumers remain optimistic about the economic trajectory of the country.
• Numerous retailers have been entering the Mongolian market, particularly South Korean companies which are diversifying their portfolios into emerging markets.
• Inflation, while below the

We believe that support for the Awami League government is likely to remain strong at the parliamentary elections which must be held by end-2018. This is likely to be supported by the populist FY2018/19 (July-June) budget, which saw a significant increase in planned spending that is targeted at the rural agriculture community and social development