Investvine provides the latest region-focused news, opinion pieces, sector analyses, top-level interviews and high information value for ASEAN investors for Inside Investor
The Philippines is among 10 new emerging economies, according to French credit rating agency Compagnie Francaise d’Assurance pour le Commerce Exterieur (COFACE), citing the country’s high growth potential, favourable business environment, good production prospects, and sufficient financing to support expansion. In 2013, the Philippine economy grew 7.2 per cent, and received three investment-grade scores for … Continue Reading »
Philippine investors were tagged as the most optimistic in all of Asia despite volatile market conditions as of the end of last year, with overall sentiment getting a boost from solid economic growth. Results of a Manulife’s latest Investor Sentiment Index for Asia, however, showed that most Filipinos were still content to keep the bulk … Continue Reading »
Millionaires in the US see real estate as the “top alternative-asset class to own” in 2014, according to a survey by investment bank Morgan Stanley released on February 7. About 77 per cent of investors with at least $1 million in assets own real estate, the survey found. Direct ownership of residential and commercial properties … Continue Reading »
Investors in Indonesia account for only 0.2 per cent of the country’s total population, the lowest in the region, an executive in capital market supervision said according to the Jakarta Post. “Compared to other Asian countries, Indonesia also has the lowest number of publicly listed companies,” Nurhaida, commissioner at the Financial Services Authority (OJK), told … Continue Reading »
Blue Bird Group, attempting Indonesia’s largest initial public offering in almost three years, started gauging investor demand for its about $450 million sale, said two people with knowledge of matter, Bloomberg reported. Blue Bird, the country’s largest taxi operator, will begin taking orders from investors in early November, said the people, who asked not to … Continue Reading »
Maybank Kim Eng Securities announced on October 17that it has received approval to become the first 100-per cent foreign owned securities company in Vietnam. This comes on the back of the wave of Vietnamese stockbrokers that have just reported losses in their quarterly results including Viet Dragon Securities, Orient Securities and indeed Maybank Kim Eng … Continue Reading »
The Asian Development Bank (ADB) on October 2 released an update to its 2013 outlook for developing Asia, spanning 45 countries in Asia and the Pacific. In Southeast Asia, Vietnam is leading the pack (see table below). INFLATION, pct Actual –Forecast– Subregion/ Economy 2012 2013 2014 ————- ————– Oct July April Oct July April CENTRAL … Continue Reading »
The total amount of government-approved investment in Cambodia jumped more than 200 per cent year-on-year in the first six months of 2013, according to the most recent statistics from the country’s Ministry of Economy and Finance. Released on September 27, the numbers show that $2.3 billion was earmarked for projects, compared with $692 million in … Continue Reading »
Northstar Group, an Singapore-based private equity firm backed by US investment company TPG Capital, is seeking to raise around $1 billion in a new fund to invest in Southeast Asia’s fast-growing economies, Reuters reported. Northstar, which was founded by former Goldman Sachs bankers Patrick Walujo and Glenn Sugitain ten years ago in Indonesia, is one … Continue Reading »
Westports Holdings Bhd, the operator of Malaysia’s busiest port, has raised about $628.77 million in its stock listing on September 30, pricing it at the top of expectations. The IPO for Westports is likely to be the country’s second largest this year behind UMW Oil & Gas Corporation Bhd, an offshore and drilling services firm, which … Continue Reading »
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Barwa Bank
Global Markets Daily
 | |||
|---|---|---|---|
| GLOBAL Indexes | GCC Indexes | ||
| DJIA | 16,651.80 | Qatar | 13,522.79 |
| S&P; 500 | 1,946.72 | Abu Dhabi | 5,003.03 |
| NASDAQ | 4,434.13 | Bahrain | 1,470.13 |
| FTSE | 6,656.68 | Dubai | 4,805.07 |
| CAC | 4,194.79 | Kuwait | 7,245.71 |
| NIKKEI | 15,314.57 | KSA | 10,593.10 |
