Business Monitor International
Business Monitor International (BMI) is a leading source of market intelligence encompassing Country Risk, Financial Markets and Industry Research.
With over 25 years experience, BMI currently services clients in over 140 countries worldwide, including more than 400 of the Fortune 500, who rely on BMI’s analysis, ratings and forecasts, covering over 175 countries and 22 industry verticals. Each client has access to highly structured, consistent coverage of each country and industry vertical, applying BMI’s proprietary forecasting, risk rating and assessment methodologies.
... as several companies bring their plays into production. We believe investment into Turkey's mining sector will be forthcoming over the coming years as Prime ... by 2023. With more than 50 different minerals found in economically adequate quantities, Turkey ranked 10th in the world for the mineral variety of its ...
Jun, 2013 60 pagesWe hold a cautious outlook on New Zealand's agribusiness sector, as we expect a strong dollar to erode the earnings of the highly export-dependent industry. We believe ... decline closer to the five-year average. Over time, an increasing amount of New Zealand's beef production will be sourced from the dairy herd. ...
Jun, 2013 73 pages... to the country's dynamic and youthful population in excess of 75mn, the strong economic outlook and an improving business environment. Turkey's increasing appeal to foreign investors - due to a number of factors, such as market-friendly policies and enormous demand for infrastructure development - further ...
Jun, 2013 125 pages... report examines the trends occurring in the country's current and future defence procurement and the order of battle across its armed forces. ... emboldened the opposition. The country's pro-democracy activists want Kuwait to become a constitutional monarchy, with a government no longer dominated by the ruling ...
Jun, 2013 77 pages... and tablets reported double-digit growth, making Malaysia one of the region's high-growth consumer electronics markets. We expect private consumption to grow ... export market and the outlook for employment could also weigh down consumer confidence and spending on discretionary lifestyle products such as TV sets. ...
Jun, 2013 62 pages... being the multibillion dollar Eastern Gas Programme, which will cement Russia's economic pivot towards Asia. In light of the developments planned, especially ... for construction industry value growth of 4.9% for 2013. The themes that currently shape Russia's infrastructure sector are: The Russian government's ...
Jun, 2013 84 pagesOver the first five months of 2013, vehicle sales in Argentina increased 15.0% y-o-y, to 374,130 units. This follows a rise of 32.3% y-o-y in May and 30.1% y-o-y in April, which we believe has artificially buoyed the year-to-date figure. For now, we maintain our forecast for a 10% increase in 2013. Despite ...
Jun, 2013 58 pages... the regulatory environment. Central to BMI’s analysis are our unique Commercial Banking Business Environment Ratings. BMI’s unique country-comparative Risk ... and operational risks. The reports also feature profiles of leading banks, covering total assets, liabilities, client deposits, lending, bond holdings ...
Jun, 2013 72 pagesOur outlook on Kuwait's food and drink sector remains strong, and with robust domestic consumption continuing to drive growth, the Kuwaiti economy ... to the headline GDP figure. Headline Industry Data (local currency) 2013 food consumption growth = +3.8%; forecast compound annual growth rate (CAGR) to 2017 = ...
Jun, 2013 99 pagesBMI View: BMI expects Pakistan's consumer electronics market will grow by around 6% in 2013. We have revised down our forecast, after modest ... drivers include a rising population and growing affordability. Demand for consumer electronics goods is also influenced by trends in Middle Eastern markets. Headline ...
Jun, 2013 70 pages... PC sales making a strong recovery and strong demand for tablets and smartphones. In 2013 consumer electronics spending is expected to grow even as high fuel costs and uncertainties over employment dampen consumer spending. In our view the main driver will be product innovation such as LED ...
Jun, 2013 79 pages... the contraction, to -2.6% year-on-year (y-o-y). We believe the recession will last until 2014, when a contraction of 0.2% is anticipated. The key trends in Argentina's Infrastructure sector are: Leading indicators for building permits show consistent contractions, as the industry runs out of steam under the ...
Jun, 2013 50 pages... taking place in the Latin American giant. We have downgraded our 2013 real GDP growth forecast to 3.3%, from 3.5% previously, as economic activity data ... at the country's ports. After a February strike created delays at some of Brazil's largest public ports on the back of government plans to modernise the ...
Jun, 2013 146 pagesBMI View: We forecast Chile's mining sector will grow in 2013, albeit at a more moderate pace than in previous years. Major miners will ... to more conservative expansion and acquisition plans. We forecast Chile's mining sector will expand by 1.3% in 2013. But because of weakening commodity prices, we forecast ...
Jun, 2013 83 pagesBMI Industry View The Croatia real estate report examines the commercial office, retail, industrial and construction sectors and considers the ... covering H212 - and examines how best to maximise returns in the commercial real estate market while minimising investment risk. Exposure to the eurozone sovereign ...
Jun, 2013 59 pagesBMI View: Croatia has one of the more developed telecommunications markets in the Central and Eastern Europe region. It has managed to maintain relatively ... lowered our forecasts for the broader mobile market, particularly for 2013. The fixed-line market contracted by 9.4% y-o-y in Q412, reversing the positive ...
Jun, 2013 97 pages... , growth is likely to be modest, averaging between 2.0% and 3.0% over 2014-2017. With the exception of Russia and China, foreign interest in Iran's construction sector will remain limited, while constrained government finances, persistent project implementation issues and sluggish activity in the oil and gas ...
Jun, 2013 53 pagesBMI's Q3 Israel Defence & Security report examines the impact the January elections will have on the country's domestic security and foreign policies, ... that the UN agreed to give Palestine non-state membership (despite vociferous protests by Israel and the US). Although this was a victory for the Palestinian ...
Jun, 2013 111 pagesBMI's report examines Libya's current defence and security environment, and the prospects for restoring the country to normality following the end ... the international community much work remains to be done in stabilising the current security situation. In terms of the reports key findings, BMI believes that ...
Jun, 2013 70 pagesBMI View: We believe Australia's tourism sector offers solid long term investment potential due to the country's well developed and increasingly popular ... growth in terms of inbound arrivals. Growth has since recovered, and from 2013 onwards we expect to see very positive growth year on year of around 10%. ...
Jun, 2013 62 pagesFollowing several years of strong growth in private consumption in Chile, we expect a slowdown over the next several years as economic activity slows, impacting consumer confidence. We continue to believe that the next several years will see Chilean real GDP growth trend lower, and we forecast real GDP growth ...
Jun, 2013 124 pagesBMI's Syria Defence & Security report for Q213 Q313 examines the country's place in the Middle East and the wider world, while also ... 's armed forces and its military procurements. The report's conclusion remains that while Syria continues to retain robust and relatively well-equipped armed forces, the ability ...
Jun, 2013 85 pages... increasingly bleak in face of regional competition. The main trends and developments we highlight for Australia's oil & gas sector are: Our forecast for gas ... estimate of 59.7bcm in 2012. This growth will be brought about by the development of gas fields that will come online alongside the completion of LNG ...
Jun, 2013 173 pages... total tonnage throughput and the container throughput in 2013, helped by the country's economic growth. An increase in the country's private consumption will support freight volumes at the country's ports, outweighing downward pressure on Romania's exports and the country's role in the transhipment of goods.
Jun, 2013 131 pages... of the bloc such as budget cuts, tax increases and declines in economic confidence. In 2012, passenger car production in Slovakia increased 40.7%, to some 900,000 units. In 2013, we forecast production in this segment to increase 8.1%, to 972,900 units. This vehicle production growth, in Slovakia and other ...
Jun, 2013 61 pagesBMI View: Thailand's telecoms market is characterised by a mobile market approaching saturation, a fixed market in decline since 2007 and a very low broadband penetration rate. The successful launch of 3G services in May 2013 offers some potential in the market but the heavy degree of state control ...
Jun, 2013 116 pages... potentially devastating game-changer for the Australian auto industry, Ford Australia announced in May 2013 that it would be ceasing production of cars in October ... Japanese imports, such as the Mazda 3. Announcing the closure, Ford Australia's President, Bob Graziano, stated that the company's production costs ...
Jun, 2013 67 pagesOur general view for the Czech auto sector in 2013 is bleak, largely on the back of our belief that private consumption will remain subdued. Results for the year so far bear this out, with the heavier commercial vehicle segments outperforming the passenger and light commercial ...
Jun, 2013 53 pages... through imports alone. Having mainland China at its doorstep helps, as the outlook for Hong Kong is linked directly to that of its parent state. The main trends and developments we highlight for Hong Kong's oil and gas sector are: Natural gas is still viewed simply as a power generation fuel, but ...
Jun, 2013 79 pages... growth areas such as tablets, ultrabooks and smartphones. The Hungarian consumer faces yet another tough year, as fiscal austerity, tighter credit ... in H113 is another constraint on demand for imported consumer electronics products. However, the consumer electronics market still has considerable latent growth ...
Jun, 2013 67 pagesThe Japan Real Estate report examines the commercial office, retail, industrial and construction segments throughout the country in the context of ... the past 18 months and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of ...
Jun, 2013 67 pagesBMI View: Japan's telecommunications industry has been important to the country's development, playing a key role in driving economic growth by equipping consumers and businesses with a comprehensive network of fixed-line, mobile and broadband services. Although the country is facing an ageing population and ...
Jun, 2013 100 pages... its lustre over the past few months as the Mongolian government seeks to renegotiate mining contracts and extract a greater share from the ... to push the foreign investment community so far. The mining sector is of paramount importance to Mongolia's overall economy, contributing more than 20% to the country's ...
Jun, 2013 71 pagesBMI View: Morocco's agriculture sector holds promising potential, particularly the dairy, poultry and sugar industries. The dairy sector is benefiting ... short term. Despite these hurdles, grains output will rebound strongly in 2013/14 after drought-like conditions led to asteep decline in production in the ...
Jun, 2013 93 pages... , the latest data from operators show a return to growth in H212. Looking beyond subscriber figures, the Romania market is at a key point in its development, with all three of the largest operators having launched LTE services as of May 2013. The extent to which they ...
Jun, 2013 115 pagesTotal Vehicle Sales According to the Korea Automobile Manufacturers Association (KAMA), domestic vehicle sales for the first four months of 2013 came ... the economy in the coming quarters, which we believe, will continue to weigh on auto sales (see our online service, April 25 2013, 'Staying Downbeat Despite ...
Jun, 2013 85 pagesBMI View: The Thai petrochemicals industry is now looking to add value to basic chemicals production following a surge in olefins and polymers capacities over ... risks as Asia struggles with over-supply and a volatile market scenario. Thailand's petrochemicals industry has made rapid progress. The policy of free ...
Jun, 2013 78 pages... . Growth over the forecast period is expected to average 1.84% y-o-y, with industry value expected to reach US$3.72bn by end-2022. Key developments in the sector: Yemen announced plans to carry out a study for the construction of a water and gas desalination plant in the area of Moon Bay. The plant, which ...
Jun, 2013 42 pagesBMI View: The Australian telecommunications industry is one of the highest value markets in Asia Pacific and even the world, underpinned by high ... net additions at the expense of Vodafone Hutchison Australia. The auction of 700MHz digital dividend spectrum in May 2013 will encourage the introduction of LTE ...
Jun, 2013 116 pages... a number of sectors, including social housing, renewables and hydropower, gas conversion, and airports and ports. Central America presents a broad range of opportunities across the infrastructure and wider construction sectors as infrastructure deficits across the ...
Jun, 2013 84 pages... from the major operators highlight the extent to which the French telecommunications market is under heightened pressure. Although new customers continue to be added in ... were not sufficient to make up for reduced income from call termination. France returns to the top of BMI's Risk/Reward Ratings in the Q313 ...
Jun, 2013 113 pages... connections, which showed slow and erratic growth in the first quarter of 2013. Strong uptake of data services in Q113 support our continued view ... Q412. Mobile ARPU contracted by 3.3% in Q113, reflecting continued fierce competition as Glo Ghana enters its second year of operation in the mobile market. The ...
Jun, 2013 91 pages... by the end of 2017. In the broadband market wireless subscription growth continues to be the main driver of sales, with the launch of LTE services in 2013 expected to sustain this trend. ARPUs have exhibited relative stability, with only moderate downward pressure on prices. We believe that the trend of ...
Jun, 2013 121 pagesBMI View: Rising interest in Papua New Guinea's gas potential is supporting investment from major upstream players. With the first liquefied natural gas ( ... for first gas in 2014 and is 80% complete despite a 20% cost overrun. Exxon and Oil Search are continuing the hunt to prove the resources base to underpin ...
Jun, 2013 102 pagesGrowth is forecast to slow somewhat in the Philippines' freight transport on the whole, with a few exceptions to this rule (the ports of Cagayan de Oro ... four-year nadir. Despite a relatively strong 2012 in which total Philippine exports grew by 7.6%, electronics exports have struggled for an extended period ...
Jun, 2013 78 pages... . The Romanian government remains confident that its state-owned power company Hidroelectrica will emerge from insolvency procedures by the middle of ... , according to Prime Minister Victor Ponta, the planned listing of nuclear power company Nuclearelectrica on the Bucharest Stock Exchange may be delayed, owing ...
Jun, 2013 60 pagesBMI View: Singapore's telecommunications industry has outperformed many of its regional peers with strong adoption of the latest products and services. ... Singapore's mobile sector will grow by only 1.5% annually between 2013 and 2017 due to the high penetration and a shift in operators' strategies. The fixed- ...
Jun, 2013 106 pages... due to the country's positive long-term economic outlook, growing middle-class population and its traditional commitment to improve healthcare. Headline Expenditure Projections Pharmaceuticals: BRL52.4bn (US$26.8bn) in 2012 to BRL57.0bn (US$27.5bn) in 2013; +8.7% in local currency terms and 6.3% in US ...
Jun, 2013 157 pages... products. Government measures to boost usage of insurance in rural areas have also been beneficial. Particular regional markets within China have been very ... segment, gross written premiums contracted during calendar 2011. As of mid-2013, it is clear that they have (just) returned to growth in calendar 2012. ...
Jun, 2013 124 pages... to be dominated by state-owned companies and constraints on the development of micro-insurance. Nevertheless, the growth in the overall economy, and the development ... that are wealthy enough to use it. As of early 2013, the latest developments indicate that life insurers continue to deal with the clampdown ...
Jun, 2013 136 pages
