BMI View: The Indonesian retail market remains highly prospective, supported by the central bank's
accommodative monetary policy position and the stabilisation of the rupiah currency in the aftermath of
economic headwinds earlier in 2016. We note that a sustained reco ..."
BMI View: As one of the most mature and developed retail markets in the world, combined with a
lacklustre economy, the outlook for the Retail sector is not particularly strong. We are seeing retailers cut
back on their store numbers in order to focus on profitability ..."
BMI View: Bahrain's economy is feeling the negative impact of lower oil prices, which has led to the
government cutting back on long-standing subsidies. This has negatively affected household and business
confidence, leading to more cautious spending in 2016. In the l ..."
BMI View: As a less diversified economy than some of its GCC peers, Kuwait will face greater challenges
in achieving substantial growth in the environment of low commodity prices. Even though the economic
trough seems to be a thing of the past, the growth in household ..."
BMI View: Four new shopping centres in Q416 and H117 will see increased spending from both wealthy
expats and Qataris, as the capital Doha seeks to usurp Dubai's seat of regional dominance in retail
infrastructure and supply. Household spending will increase by 8.2% i ..."
BMI View: Growth in the Philippines' retail market will be supported by rising wages and disposable
incomes, with a young urban population keen to make aspirational purchases. We expect significant
opportunities for expansion and new market entrants in urban areas, as ..."
BMI View: Turkey's retail industry benefits from a large urban population that is enjoying steadily rising
incomes. Over our five-year forecast period to 2020 we expect economic growth to be fairly slow but
steady, averaging 3.3% a year. This growth will support a ris ..."
BMI View: We maintain our positive outlook for Israel's retail sector and forecast total household spending
to grow by 4.6% in 2016. Elevated domestic and regional security threats, while continuing to suppress
tourism receipts, look unlikely to have any significant n ..."
BMI View: After a difficult 2015, Thailand's economy is starting to recover, supported by large public
spending on infrastructure projects and flourishing tourism sector. While political instability remains a
constant risk, especially with the much revered King Bhumib ..."
BMI View: The Vietnamese economy is facing headwinds associated with harsh weather as well as adverse
conditions in global commodity trade. Nonetheless, we expect the situation to improve gradually over the
next year, mostly on the back of steady foreign direct invest ..."