Each week Frontier Strategy Group’s global team shares their view on key media stories, and what the implications are for businesses that operate in emerging markets. For more information about how to contact our analysts, send us an email.
Martina Bozadzhieva on “Kenya secures deal to keep duty-free access to EU market”
“As the timeline for final agreement to the EPA by all EAC members has been extended to January, MNCs will need to continue monitoring negotiations to assess the impact on their cost of importing from Europe into Kenya; as well as the potential impact on the local economy.”
Link to article | Read More of Martina’s Commentary | Have a Question for Martina?
Cheng Siew Chua on “Vietnam trims 2016 GDP growth target to 6.3-6.5%”
“Despite the downward revision of gross domestic product growth, Vietnam is still expected to remain an outperformer in the region, supported by its steady growth in the manufacturing sector. This presents opportunities to multinationals who are considering expanding their production base for Vietnam-made exports.”
Link to article | Read More of Cheng Siew’s Commentary | Have a Question for Cheng Siew?
Mark McNamee on “Sterling slide, weak U.S. jobs data fuel risk aversion”
“MNCs should continue to expect further depreciation of the pound to the dollar, particularly starting in December this year with a likely US interest rate hike but also from periodic political statements - such as from PM May and French President Hollande recently. Businesses should prepare for a far weaker pound next year when the UK formally begins Brexit proceedings.”
Link to article | Read More of Mark’s Commentary | Have a Question for Mark?
Athanasia Kokkinogeni on “Spain moves towards rightwing government after socialist quits”
“PSOE Socialists Pedro Sanchez quit after pressures from party leaders to support Rajoy’s government. Although Sanchez’s resignation opens the way for negotiations between the two parties, factions within PSOE and the lack of a leader will delay any agreement as we head closer to the October 31 deadline for a government, before potential new elections by Christmas.”
Link to article | Read More of Athanasia’s Commentary | Have a Question for Athanasia?