Request a demo    13 March 2018 INFOGRAPHIC OF THE WEEK CHILE BANKING SECTOR 2018/2019 Chile’s banking sector is one of the most developed and competitive in Latin America. It is deep, solvent and highly integrated with the global economy. Despite more subdued economic growth since 2014, provoked mainly by a drop in international metal prices that widened the fiscal deficit, and coupled with a highly volatile exchange rate, the sector continued to grow with the value of outstanding deposits and loans rising by 3.3% and 5.3% y/y, respectively, in 2016.     Click to view it full screen    WEEKLY NEWS SUMMARY Below are the most read articles in the past week on EMIS Perspectives, our daily blog of emerging market news and insights.     ASIA     BELT AND ROAD INITIATIVE HELPS CHINESE COMPANIES EXPAND INTERNATIONALLY The Belt and Road Initiative is helping Chinese companies to increasingly expand overseas, creating a need for up to $2 trillion worth of infrastructure financing each year in Africa, the Middle East, Central Asia and Southeast Asia.     Read more    THAILAND’S RICE EXPORTS DROPPED BY 16.7% IN JANUARY Thailand’s volume of rice exports in January stood at 961,859 tonnes, a 16.7% decrease from 1.15 million tonnes recorded in December last year.     Read more    SOUTH KOREA’S MARITIME TRANSPORT DEFICIT HITS RECORD HIGH IN 2017 South Korea’s maritime transport deficit has risen sharply from US$1.34 billion in 2016 to US$4.78 billion last year, marking the biggest shortfall since the central bank began collecting data in 2006.    Read more                  LATIN AMERICA               MEXICO’S AUTO EXPORTS TO EUROPE SOAR 189% Y/Y IN FEBRUARY Mexico’s automotive exports to Europe jumped 189.3% year-on-year in February, daily El Economista reported citing figures released by the local Association of the Automotive Industry (AMIA).     Read more    ARGENTINA’S AUTOMOTIVE PRODUCTION SOARS 62.6% Y/Y IN FEBRUARY Argentina’s automotive output soared 62.6% year-on-year to 39 thousand units in February, CEEMarketWatch reported citing figures released by the Automotive Factories Association (ADEFA).     Read more    NEW VEHICLE SALES IN CHILE SURGE 23.6% Y/Y IN FEBRUARY New vehicle sales in Chile jumped 23.6% y/y to 29.427 units in February, CEEMarketWatch reported citing figures released by the National Association of Vehicle Distributors (ANAC).     Read more         EMERGING EUROPE      FIRST ROMANIAN "TECH UNICORN” PLANS EXPANSION Romanian startup UiPath, that has recently reached a valuation to up to USD1.1 thus becoming the first Romanian “tech unicorn”, has announced plans to open an additional R&D center in Romania.    Read more    POLAND TO SHIFT INTO EUR 2.5BN TRADE DEFICIT IN 2018 Poland will shift into a foreign trade deficit in 2018 from a EUR 0.4bn surplus in 2017, PAP Market Insider reported citing a forecast by the ministry of business and technology.     Read more    RIO TINTO MAY RETURN TO UZBEKISTAN’S MINING MARKET Australian-British mining corporation Rio Tinto, may consider re-entry to Uzbek mining market after Uzbekistan invited the corporation to resume its operation in the country, Trend reported.     Read more              MIDDLE EAST & AFRICA           SOUTH AFRICA’S GDP GROWTH ACCELERATES TO 3.1% Y/Y IN Q4 South Africa’s GDP growth accelerated to 3.1% y/y in Q4, beating consensus forecast of 1.8%, FANews reported. The rate in the previous three quarters were also revised slightly upwards.       Read more    ABU DHABI, DUBAI AIRPORTS RANKED AMONG TOP 3 BEST IN MIDDLE EAST IN 2017 Abu Dhabi Airport (AUH) and Dubai International (DXB) were rated by passengers among the top three best airports in the Middle East in terms of service quality for 2017.    Read more    AFRICAN IPO MARKET AMOUNTS TO USD 2.9BN IN 2017 African IPO market amounted to USD 2.9bn in 2017, according to PwC’s 2017 African Capital Markets Watch, APO – Press release said.     Read more    ABOUT EMIS EMIS operates in and reports on countries where high reward goes hand-in-hand with high risk. We bring you time-sensitive, hard-to-get, relevant news, research and analytical data, peer comparisons and more for over 120 emerging markets.     Read more    EMIS CHARTING TOOL EMIS CHARTS uses selected data points from the subscription-based EMIS service, to provide you with an interactive overview of sectors, key players and macroeconomic trends across 120+ emerging markets and allows you to create your own charts.     Try it out now    EMIS IN NUMBERS 125 countries  2M+  companies  58,000 articles per day 235 million searchable archive  250 industries  EMIS VIDEO SIGN IN HERE Copyright © 2018 EMIS, all rights reserved.