Chile Cuts Interest Rate for Fourth Time in Six Months - Bloomberg

“The Chilean central bank opted to cut the benchmark interest rate an additional 25 basis points to 4%, citing a decline in Chinese exports which has dragged down copper prices. The economy will continue to confront such external headwinds in the months ahead, and consumer purchasing power will be negatively impacted by the pass-through effect of currency depreciation.”
- Christine Herlihy, Research Analyst, Latin America

.

Emerging Asia’s Grocery Challenge - Forbes

“Western MNCs can learn from locals in emerging Asia: good examples of optimizing organizational footprints, omnichannel go-to-market, and low-price positioning from leading local grocery chains.”
- Joel Whitaker, Senior Vice President, Global Research

.

Fashion Retailer Centrepoint Sets Five-year Target to Double MENA Outlets - The National

“Companies should monitor whether well-established GCC companies are starting to become tougher competitors in MENA region. Centrepoint, a Dubai-based retailer, is the latest example of a GCC-based company with significant regional ambitions. Other examples, including Saudi-based companies Al-Marai and Aujun, involved support from foreign MNCs.”
- Matthew Spivack, Practice Leader, Middle East & North Africa