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• Saudi Arabia’s medical devices market will grow steadily over our five-year forecast period, driven by Vision 2030 healthcare objectives.
• Saudi Arabia will continue to adopt innovative medical devices to tackle its chronic disease burden and improve patient outcomes.
• The expansion of multinational healthcare and medical device companies in

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• Economic activity is set to benefit from improving transport capacity in the Panama Canal because of recovering water levels and increasing grain cargoes in the second half of 2024.  
• However, the impact on GDP growth will be lagging, and weighed down by the closure of the Cobre Panamá copper mine late last year.  
• Limited fiscal space and a

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• Malaysia's 2024 Budget introduced sweeping tax reforms aimed at stimulating local industries and channelling investment into key sectors including advanced manufacturing.
• While Malaysia's corporate income tax rate is relatively high compared to some of its Asian peers, the recent targeted investment incentives will improve the market's

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• We forecast that the Central Bank of Kuwait will lower its benchmark policy rate by 50 basis points (bps) in H2 2024, less than the 75bps cuts that will be carried out by the US Federal Reserve. 
• The elevated policy rate in H2 2023 and H1 2024 – the highest since 2006 – paired with lower global food prices, will lead to a lagged slowdown in

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• The Infocomm Media Development Authority (IMDA) of Singapore has developed a comprehensive Green Data Centre Roadmap to steer the growth of data centres in a sustainable direction, while setting a target of 300MW to be allocated in the near-term for future IT load.
• We believe it is unlikely that the initiative will rekindle large-scale

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• Latin America will have the second highest health expenditure growth of any global region between 2024 and 2032. 
• Healthcare budgets will continue to outpace economic growth in key Latin American markets, signalling an increased focus on healthcare expenditure despite limited GDP growth.
• Advancing universal healthcare coverage and healthcare

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• We expect environmental policy to continue causing political divisions in Slovenia.
• Climate-friendly heating will remain a wedge issue in Slovenia’s green transition.
• This comes alongside concern that the cost of Slovenia’s green transition could be high due to the policy’s structural features.

With the European parliamentary elections

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• We expect that technological advancements will remain a top priority for mining companies in the coming years, with industry players seeking new innovative ways to secure a competitive edge in the market. 
• The technological landscape within the mining industry is poised for transformation in the near future, with the emergence of advanced

Key View: The continued decline in global battery costs and rising EV production in India will drive passenger EV sales to grow by 13.7% y-o-y in FY2024 and by 27.8% y-o-y in FY2025. We expect Tesla's arrival in late 2024 or early 2025 to boost the Indian EV market, given the strong pent-up demand for the brand. This could also lead consumers to