Articles

Vietnam To Join Sugar Tax Push

Consumer & Retail / Vietnam / Fri 08 Sep, 2017

Vietnam is set to join the list of Southeast Asian countries that are seeking to impose a sugar tax on soft drinks. The country has relatively low levels of obesity (traditionally the rationale behind a sugar tax) and so will be looking to stymie the threat of this disease, as we forecast demand for carbonated beverages to increase.

The Vietnamese

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BRICS Summit: Three Key Takeaways

Country Risk / Global / Thu 07 Sep, 2017

BMI View: The ninth annual summit of the BRICS did not result in any 'groundbreaking' initiatives, but we can nevertheless glean several key takeaways: the diversity of the BRICS means few common goals are identified; trade liberalisation is being pushed by China; and India is encouraging cooperation in moving the economies up the value chain.

The

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The Long-Awaited Return Of GCC IPOs

Banking & Financial Services / Middle East / Thu 07 Sep, 2017

Coming from a low base for activity following a difficult couple of years in the Middle East - due to the dramatic slump in crude oil prices, various political shockwaves, and a slowdown in economic growth - conditions for an uptick in IPO issuance among the Gulf Cooperation Council (GCC) economies are looking increasingly fertile once more. In a

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A SWF With Emerging Power 'Down Under'

Banking & Financial Services / Australia / Thu 07 Sep, 2017

Australia is home to one of the rising stars in the global sovereign wealth fund (SWF) world in the form of the Australian Government Future Fund - an independently managed fund within which the central government deposits its budget surplus for investment. According to the Sovereign Wealth Fund Institute, the Future Fund is currently the world's

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Commissioning Issues Threaten Start-Up Pipeline

Oil & Gas / United Kingdom / Tue 05 Sep, 2017

We have made a minor adjustment to our UK production forecast following ongoing commissioning issues at EnQuest's Kraken heavy oil field development. Whilst we remain positive on UK oil output growth, the potential delays to other project start-ups in the North Sea basin will remain the largest downside risk to the timescale of our production

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Walmart-Uber Partner In Escalating Delivery Battle

Consumer & Retail / United States / Sat 02 Sep, 2017

Walmart is ramping up its e-Commerce plans by expanding its presence in grocery delivery services, to better compete with rivals Amazon and Target, both of which have introduced same-day grocery delivery service. By deepening its partnership with Uber, Walmart is hoping to compete with its competitors via its fast delivery service, which promises

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Dubai To Spearhead Smart Distributed Solar Push

Renewables / United Arab Emirates / Fri 01 Sep, 2017

Dubai will be at the forefront of developing distributed solar capacity globally as the Emirate tries to curb wasteful electricity consumption by unlocking smart distributed management of consumption and generation.

We expect distributed solar capacity growth to become an increasingly important component of solar capacity growth in the United Arab

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Nuclear Tensions To Persist, Even If Dialogue Resumes

Country Risk / North Korea / Wed 30 Aug, 2017

Nuclear tensions between North Korea and its neighbours will persist for the foreseeable future, even if dialogue resumes. Pyongyang is determined to perfect its intercontinental nuclear missile capabilities and will not give up its arsenal, but could eventually agree to a freeze in return for diplomatic and economic incentives from Washington.

Al

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Inflation Inevitable From Bond Note Expansion

Country Risk / Zimbabwe / Wed 30 Aug, 2017

The Reserve Bank of Zimbabwe's decision to more than double the size of its bond note programme will see inflation move more firmly into positive territory over the coming months as the money supply increases further. The effect will be compounded by the likelihood of shortages of imported goods as the supply of hard currency with which to access

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