Malaysia
Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius
U.S. tech companies with a focus on emerging markets offer the best investment opportunities for the coming year, according to veteran emerging markets investor Mark Mobius. “The U.S market will continue to do well. As you know, tech has already done well. So, what I would do is focus on companies and industries that are […]
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Singapore’s DBS eyes Malaysian bank stakes in expansion push, Reuters reports
DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images Singapore’s biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbor, including in one of Malaysia’s smallest banks by assets, two sources said. DBS is exploring a purchase of Singapore state investor Temasek’s 29.1% stake in Alliance Bank Malaysia […]
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Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies
A Thai investor checks an electronic board showing stock prices. Amphol Thongmueangluang | SOPA Images| LightRocket | Getty Images The U.S. Federal Reserve’s decision to cut interest rates in September, with further reductions expected, could prove to be a boon for the emerging economies of Southeast Asia. “We’re very confident and optimistic with the rate […]
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Malaysia must avoid ‘boom-bust’ cycles to finally claim Asian Tiger status, central bank governor says
Malaysia is working toward having the “the right ingredients” to finally claim “Asian Tiger” status, but must avoid the traps of widening inequality seen elsewhere. That’s according to Abdul Rasheed Ghaffour, the governor of the central bank of Malaysia, who believes the southeast Asian country must avoid a “boom-bust cycle that has happened before.” In […]
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The power sector is ‘transforming,’ Morgan Stanley says, naming global stocks set to rise 40%
The electricity industry is transforming, according to Morgan Stanley, and multiple power producers, grid operators and utilities are set to benefit. “Power demand is booming, prices are inflecting, and cost to produce clean power has fallen by a third around the world since 2023, and more so in Asia,” the investment bank’s analysts outlined in […]
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From guns to Trump: See which factors are deterring travelers from visiting the U.S.
More than 90% of travelers from Southeast Asia say that gun prevalence in the United States influences whether they will visit, according to a new survey. The study — which surveyed 6,000 international travelers from the six countries — showed that respondents perceived Hawaii to be the safest state in terms of gun violence, while […]
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‘Full force’: Malaysia PM says crusade against corruption is not over as country courts investment
Malaysia’s prime minister Anwar Ibrahim during a news conference in New Delhi, India, on Tuesday, Aug. 20, 2024. Bloomberg | Bloomberg | Getty Images Eradicating corruption in Malaysia continues to be a difficult hurdle Prime Minister Anwar Ibrahim needs to overcome if he wants to attract more foreign direct investments into the country. As Anwar […]
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‘Golden Week’ bookings show Chinese travel preferences are evolving
Outbound travel from China is set to receive a much-anticipated jolt as “Golden Week” bookings show changes in where and why Chinese people are traveling. Buoyed by falling airfares, Chinese travelers are booking more overseas trips for the National Day holiday period, which extends from Oct. 1 to 7, according to Fliggy, a major travel […]
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Capital A CEO: Creation of AirAsia Group is “an exciting time”
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Tony Fernandes, CEO of Capital A, talks about plans to sell its aviation business to AirAsia X. He says the newly formed AirAsia Group intends to go public by December. Source
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Philippines to continue to deploy vessels in contested South China Sea shoal
China Coast Guard ships (background L and R) are seen past the Philippine Coast Guard ship BRP Cape Engano (C), as photographed from the BRP Cabra during a supply mission to Sabina Shoal in disputed waters of the South China Sea on Aug. 26, 2024. Jam Sta Rosajam Sta Rosa | AFP | Getty Images […]
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