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5 - 11 March 2016

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From the CEO OF EMIS



One of the best things about being the CEO of EMIS is the opportunity I have to visit so many interesting places. Uniquely amongst global information providers, most of our staff are based in developing countries which means I get to actually experience what it’s like to operate in the markets we report on. I have been in Bulgaria this week, visiting EMIS’ extensive editorial, technology and finance teams in our Sofia office.

Bulgaria is a fascinating market for many reasons. Geographically, it is no more than a 2 or 3 hour flight from nearly all European countries, affording it numerous trade opportunities. Economically, the global crisis put a sharp halt to previously rapid growth but the country has recovered faster than its near neighbours. Demographically, the country faces a potential crisis with a rapidly decreasing population due to migration and low birth rates. From a business perspective, there are huge positives in terms of low taxation and a highly skilled workforce but there is also a high administrative burden. One of my maxims is that you have to be prepared to accept the rough with the smooth in emerging markets and Bulgaria is a good example of this. Although, for EMIS, the positives have far outweighed the negatives up to now.


Best wishes,

Guy Dunn
Chief Executive Officer

P.S. I expand on how Bulgaria became such an important location for EMIS in this article I recently published on LinkedIn.

EMIS Insights and reports

Here are two of our own exclusive industry insights from EMIS' team of highly experienced, locally-based analysts. EMIS Insights deliver the most relevant industry news, data and research from over 25 sectors in 21 countries.


INDIA TEXTILE: WEAVING SUCCESS

India is one of the few countries in the world that has expanded at all levels of the textile value-chain, from natural and synthetic fibres through yarn and fabrics.




Read more


CZECH TRANSPORTATION: THE ROAD TAKEN

Road freight dominated the transport mix in 2014, having a market share of about 79%, and is expected to grow by an annual average rate of 2.4% between 2015-2019.




Read more
 
Infographic of the week


With China’s economic growth slowing in 2016, overseas investment from the world’s most populated country is going in the exact opposite direction. Chinese overseas investment has come a long way in the last decade, propelling itself from virtually zero to roughly $100 billion a year. Investors from the East Asian nation have invested $1.03 trillion in foreign property, stocks and bonds in the decade to mid-2015.



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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.

VIJAY MALLYA SEEKING ONE-TIME SETTLEMENT WITH BANKS

Mallya is now seeking a one time settlement with the banks, and he revealed, "Legal proceedings apart, I have been making efforts to reach a one-time settlement with the banks.




Read more…
INDONESIAN ONLINE GROCER TO DEBUT IN THE PHILIPPINES

HappyFresh will be launched in the Philippines by the second quarter of the year.Consumers can purchase and have goods delivered using the mobile app or the website.




Read more…
THAILAND TO CREATE OFFICE OF SPECIAL ECONOMIC ZONES

The Thai government has approved the creation of the Office of Special Economic Zones. Deputy Prime Minister Somkid Jatusripitaksaid said.




Read more…
BOLIVIA TO OFFER RUSSIA HYDROPOWER PORTFOLIO

Bolivia is set to offer to Russian companies a great number of hydropower projects, Russian newswire ITAR-TASS reported on Monday.

 


Read more…
SPANISH GAMESA TO CONSTRUCT 70MW WIND FARM IN URUGUAY

Spanish wind energy solutions provider Gamesa will construct a 70MW wind farm in Uruguay, international media reported on Wednesday.




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BOLIVIA & RUSSIA IN $300MN NUCLEAR DEAL

Russia will build an up-to-date nuclear research laboratory in Bolivia, under a $300 million deal signed on Sunday, newswire Agence France-Presse reported.





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ROSNEFT TO BOOST DRUZHBA PIPELINE OIL EXPORTS

Russia’s top oil producer, Rosneft, plans to boost its oil exports to Europe via the Druzhba pipeline by 3 to 5 % this year to reach up to 29 million tonnes.




Read more…
SLOVENIA STOPS TAKING IMMIGRANTS

Slovenia stops taking immigrants as of Tuesday midnight and its neighbour Croatia followed suit, local media reported on Wednesday.





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RUSSIA’S TMK REPORTS NET LOSS OF USD 368 MLN, WIDENS BY 70%

TMK, the Russian oil and gas pipe maker, reported net loss of USD 368 mln as of end-2015, comparing to net loss of USD 217 mln a year earlier.




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IRAN RAISES OIL EXPORTS TO EUROPE

Iran, OPEC’s third largest oil producer, will raise its oil exports from 1.5 mln bpd in February to 1.65 mln bpd in March due to the European market’s higher demand.




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MOODY’S LOWERS THE RATINGS OF 5 GULF COUNTRIES

Moody’s Investors Service has revised its outlook for the debt ratings of 5 Gulf countries to lower grades, including Saudi Arabia, UAE, Kuwait, Qatar, and Bahrain.




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RUSSIA TO INVEST $40BN IN IRAN’S INFRA-STRUCTURE

Russia will invest $40 billion in Iran’s infrastructure according to bilateral agreements, local media reported citing Mahdi Mohtashami.




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.

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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.

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EMIS in Numbers


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1.3 million
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