FrontierView (part of FiscalNote)

A new edition of Future Frontiers is out! This month, we’re looking at the best ways to?evaluate different global opportunities and determine in which markets to do business.?Focusing on the biggest and fastest-growing economies may seem like a logical choice, but that's far from the whole story. Read the article below ??And don’t forget to subscribe to receive the next edition directly in your inbox. #marketprioritization

South Africa’s mounting fiscal strains signal further spending cuts in 2025. Underperforming revenue collection and rising debt servicing costs will constrain public sector opportunities and temper consumer spending growth. Business implications: ?? MNCs selling to the public sector should anticipate muted demand growth and tough pricing negotiations for the foreseeable future.? ?? Firms looking to raise performance should prioritize selling to departments receiving above-inflation budget allocations such as Home Affairs, or position their offerings as providing cost-saving solutions. ?? The government’s campaign to cut the civil service wage bill over the coming years will weaken a once-key driver of consumer demand, especially among middle-income households.? ?? However, the government’s commitment to providing social grants to the poorest households means there is unlikely to be a drop in demand for low-priced FMCG products over the coming year. Read our full view on the impact of South Africa’s Medium Term Budget Policy Statement ?? And then sign up to The Lens for weekly insights into the latest trends and their implications for business: https://lnkd.in/eeeesByj #SouthAfrica #SAbusiness #SAbudget #marketprioritization #investmentstrategies #planning2025

The unified GCC tourism visa is set to launch in early 2025. Officially named ‘GCC Grand Tours’, it will allow expatriates and tourists to visit all six GCC countries on the same visa and spend more than 30 days in a given country. Business implications: ?? Firms should align with local teams and partners on quarterly demand expectations considering seasons and festivals across the GCC, such as Riyadh Season in Saudi Arabia, Khareef in Oman, and various sporting events planned in Qatar.? ?? In parallel, adapting product portfolios to different tourism dynamics – such as Qatar's event-driven tourism cycles – will allow firms to position products more favorably throughout periods of higher demand.? ?? Leveraging joint-tourism ventures – such as Bahrain and Saudi Arabia’s strategic joint tourism venture – will allow firms to promote cross border packages that target business and short-stay travelers. Find out more about how to prepare your business to leverage increased inbound tourism across the GCC ?? And then sign up to The Lens to receive weekly insights into the latest developments impacting business professionals: https://lnkd.in/eCVwX2z2 #GCCtourismvisa #GCCGrandTours #tourism2025 #tourisminfrastructure #planning2025

What are the low-probability, and yet high-impact risks you should be looking out for to safeguard your business next year? Find out in our Events to Watch 2025 report, coming out soon! Antoine Bradley, our Senior Analyst, US and Global Economics, outlines what to expect from the report in a year that promises to be interesting… Watch his video now ?? #EventstoWatch2025 #globalrisk #riskmonitoring #planning2025

*SSA Market Monitor* – Slowing inflation bolsters business and consumer sentiment in Sub-Saharan Africa (SSA). Headline inflation fell to multi-year lows in C?te d’Ivoire, Kenya, South Africa, and Tanzania in September, and has retreated from recent peaks in Ghana and Angola. ?? Disinflation has been driven by the stabilization of currencies against the USD, stable food prices, and sharp drops in fuel price inflation.? ?? These trends have bolstered private sector sentiment, as receding price sensitivity contributes to improving purchasing power. Firms should take the opportunity to review their pricing strategies in tandem with product portfolios to ensure they are well positioned to capitalize on stronger demand dynamics.? ?? There are exceptions, however. Inflation has risen in Ethiopia following the birr’s sharp devaluation in July, and Nigeria continues to battle multi-decade-high inflation following domestic fuel price liberalization. Subscribers can access the full SSA Market Monitor for November here ?? Or follow the same link to read a summary and then sign up for a free trial to enjoy full access to our market-leading insights, research and data:https://lnkd.in/e4CxMZZG #SubSaharanAfrica #SSAinflation #SSAbusiness #marketprioritization #investmentstrategies #planning2025

As a giant healthcare market with massive untapped potential, China has often experienced delays in introducing innovative drugs and medical devices. Our Senior Analyst Julie Xu considers how the drug and medical device access policy in Hong Kong and Macau offers new opportunities in China. Watch her video now ?? To find out more, read our full report, ‘’Greater Bay Area Special Pathway Spotlight’, here ??: https://lnkd.in/eiw4ERJq #Chinahealthcare #Guandonghealthcare #HongKongMacauHMDDA

FrontierView's most recent LATAM Pharmaceutical Monitor provides essential insights into pharmaceutical spending in LATAM countries in 2025. While firms will see nominal growth in public pharmaceutical budgets, these increases might not suffice for expansive coverage improvements. Here's what you need to know: ?? Brazil is leading the charge with an anticipated 18% rise in its specialized pharmaceutical budget. This signifies increasing opportunities for pharmaceutical investments and partnerships in the region. ?? Despite budget increments, LATAM governments are under pressure to curtail expenses on high-cost drugs. This necessitates innovative approaches to pricing and collaboration with local health authorities, evidenced by Argentina’s negotiation successes with PAMI. ?? Recent developments, like Brazil’s Supreme Court decision on high-cost drug judicialization, highlight the dynamic regulatory landscape. Executives need to stay agile and informed to navigate and capitalize on these changes effectively. Subscribers can access our full LATAM Pharmaceutical Monitor here: https://lnkd.in/esdQHDN2 #LATAMhealthcare #LATAMhealthcarespending

*APAC Market Monitor* – October was eventful in Asia Pacific, with the month marking a series of important political and policy developments in the region: ?? The Chinese government unveiled a long-awaited stimulus package to support the economy as it struggles with deflationary pressures. ?? Japan held general elections, while the Vietnamese parliament elected a new president. Meanwhile, Malaysia released its 2025 budget, and the newly appointed Indonesian president confirmed his cabinet. ?? In other parts of the region, easing inflation is finally allowing central banks to lower interest rates from previous highs. South Korea, Thailand, and the Philippines all saw a decline in interest rates last month. ?? Other important developments include India’s new electric-vehicle scheme, the Australian government’s efforts to control its two dominant supermarkets, and the South Korean government’s investment expansion into its domestic semiconductor industry. Subscribers can access the full APAC Market Monitor for November here ?? Or follow the same link to read a summary and then sign up for a free trial to enjoy full access to our market-leading insights, research and data: https://lnkd.in/ewM9Fhq9 #APAC #APACelections #APACeconomy #marketprioritization #investmentstrategies #planning2025

The German snap elections does not change our base case for a CDU win and should pave the way for the temporary suspension of the controversial debt break. The collapse of the German government is an event we considered possible in our 2024 Events to Watch report and is a good reminder of the need to develop and reassess market scenarios planning. Business implications: ?? The snap elections do not change our base case for the new German governing coalition, which will be headed by the CDU, with Friedrich Merz likely to be Germany’s new Chancellor.? ?? The big question for businesses is whether the new government will suspend the controversial debt break – a coalition with the SPD, under a new leadership, might give it the political space to do so. ?? Renewed fiscal support for the economy may boost growth but is unlikely to significantly change the trajectory of the market. However, new public investments and increased support for energy intensive industries can create some new pockets of opportunities. Capturing them will require close monitoring of fiscal adjustments and ensuring channel partners are well positioned to react to the upcoming spending amendments. Find out more in our full insights piece on the 2025 elections outlook ?? And then sign up to The Lens, our weekly newsletter covering the business implications of latest developments from across the globe: https://lnkd.in/eDnNTG2e #Germanelections #CDU #Germaneconomy #marketprioritization #investmentstrategies #planning2025

*MENA Market Monitor* – The escalation in hostilities between Israel and Hezbollah continues to shape countries across the region, with the former pursuing a consistent and wide-ranging aerial campaign targeting areas across Lebanon. Business implications: ?? Firms can expect to see a contraction in the Lebanese economy into 2025 as violence intensifies, demand contracts, and sentiment sinks to record-low levels. ?? A prolonged period of instability is likely to be maintained into Q1 2025 as ongoing tit-for-tat attacks between Iran and Israel are set to begin in the coming weeks. ?? Elsewhere in the region, other countries remain relatively insulated from the ongoing war; business activity in Saudi Arabia will grow next year, driven by increased incentives, regulatory reforms, and expanding project pipelines. ?? In parallel, the UAE is set to attract more foreign investments in 2025 due to its progress in providing a business-friendly environment, easing regulations, PPPs, golden visa regime, and favorable infrastructure. ?? Firms can expect to see ongoing divergence in their MENA portfolios in 2025 as social, political, and economic uncertainties persist. Interested in finding out more? Subscribers can access the full MENA Market Monitor for November here ?? Or follow the same link to read a summary and then sign up for a free trial to enjoy access to our market-leading insights, research and data: https://lnkd.in/eWKYjQgc #MENA #MENAconflict #IsraelHezbollah #Saudibusiness #UAEbusiness #marketprioritization #investmentstrategies #planning2025