Southeast Asia AVCJ private equity and venture capital report. 13 th annual edition
|
|
- Estella Shelton
- 6 years ago
- Views:
Transcription
1 Southeast 2017 AVCJ private equity and venture capital report 13 th annual edition
2 CONTENTS 1 Introduction 4 ASEAN asset class attractions 2 Assets Under Management and M&A 6 Steady growth, solid deals 3 Fundraising 11 Dip then recovery 4 Investments 16 Tech-led triumphs 5 The Exit Environment 24 Trading up, trading out 6 Leading Players 30 The ASEAN A-Team 7 Looking Ahead 35 Where to go, how to grow II
3 ASSETS UNDER MANAGEMENT AND M&A Steady growth, solid deals FIG 2.1 Southeast - Capital Under Management in Private Equity Southeast s private equity assets under management increased steadily but unspectacularly from just over $53.7 billion in 2015 to just over $55 billion in 2016, and by 1H2017, just over $58 billion. This took Southeast down to its lowest share of Pacific s private equity AUM in the last five years, at 7% in 2016, compared to 8.2% in With a regional GDP that has continued to oscillate between around $2.4 trillion and $2.55 trillion over the past five years, private equity at least booked a respectable contribution to the total in 2016, accounting for 0.35% of the year s just under $2.55 trillion the second highest percentage of the past five years. Southeast III
4 FUNDRAISING Dip then recovery FIG 3.1 Southeast -New Funds Raised in Private Equity Southeast overall saw a 53% decline in private equity funds raised between 2015 and 2016, from almost $5.7 billion to just over $2.67 billion. The situation was somewhat remedied in the first half of 2017, though, when over $2.95 billion was raised, as compared to just $509 million in the first half of Southeast The explanation for much of the see-saw fundraising period lies with Singapore. With $3.65 billion raised in 2015, the Lion City saw funds raised drop to just under $1.8 billion in 2016, only to bounce back with $2.64 billion raised in the first half of Malaysia, now sharing the honours with Indonesia for the region s second largest fundraising venue, saw $902 million raised in 2015 slip to $175 million raised in 2016, and no raising at all so far in Indonesia itself saw $755 million raised in 2015 decline to $240 million in 2016, but with $185 million raised in the first half of Vietnam saw $207 million raised in 2015 rise to $326 million in 2016, albeit with none raised so far in And Thailand saw $72 million raised in 2015 increase to $116 million in 2016, with a further $33 million raised in the first half of The three largest fund closings in the period under review were all Singapore-domiciled vehicles. The Farallon Special Situations III fund closed at $1.12 billion. Second largest was the Axiom IV fund of funds, which closed well over its $750 million target at $1.03 billion. And third largest was the Makara Innovation Fund, which closed on target at $715.8 IV
5 INVESTMENTS Tech-led triumphs FIG 4.1 Southeast - Private Equity Investments Made Against a decidedly inconsistent fundraising environment through 2016 and 1H2017, Southeast saw a commanding almost 50% increase in investments during 2016, with just over $6 billion invested in 2015 rising to just over $9 billion, the second highest annual total in the past five years. This was sustained into 2017, with almost $5.62 billion invested in the first half, compared to just over $2.64 billion for the first half of Southeast The Lion City predictably took the lion s share of this investment activity, with Singapore recording almost $3.9 billion invested in 2016, a 23.3% increase on 2015 s just over $3.15 billion. Additionally, Singapore topped its 2016 total in the first half of 2017, with just over $4.3 billion invested, compared to just under $1.24 billion in the first half of Malaysia, however, surged into second place in 2016, with 2015 s perfunctory total of just $100 million invested rising to just over $2.05 billion, an almost 1950% increase; and just $93 million invested in the first half of 2016 rising to a further $295 million in the first half of Investment in Indonesia declined just under 18% year-on-year between 2015 and 2016, with almost $2.23 billion invested declining to just under $1.83 billion in 2016, and $736 million committed in the first half of 2016 slipping to $269 million in 1H2017. Vietnam, in contrast, saw a 363% jump in investment in 2016, from $164 million invested the year before to V
Southeast Asia AVCJ private equity and venture capital report. 14 th annual edition
Southeast 2018 AVCJ private equity and venture capital report 14 th annual edition CONTENTS 1 Introduction 4 A golden year, a golden tripod 2 Assets Under Management and M&A 6 Proportionately powerful
More informationNorth Asia AVCJ private equity and venture capital report. 13 th annual edition
North Asia 2017 AVCJ private equity and venture capital report 13 th annual edition CONTENTS 1 Introduction 4 A sea change both sides of the Korea Strait? 2 Assets under Management and M&A 6 M&A muscle,
More informationAsian Private Equity and Venture Capital Review 2018
Asian Private Equity and Venture Capital Review 2018 AVCJ private equity and venture capital report 14 th annual edition CONTENTS 1 Introduction 4 Delicious deals, capacity concerns 2 Assets Under Management
More informationChina. AVCJ private equity and venture capital report. 14 th annual edition
China 2018 AVCJ private equity and venture capital report 14 th annual edition CONTENTS 1 Introduction 4 Keeping up the Good Work 2 Assets Under Management and M&A 6 Ample Assets, M&A Marginally Changed
More informationAsian Private Equity and Venture Capital Review 2017
Asian Private Equity and Venture Capital Review 2017 13 th annual edition CONTENTS 1 Introduction 4 Boom before bust? 2 Assets Under Management and M&A 6 Massive M&A 3 Fundraising 11 Flush with funds 4
More informationJapan growing with Asia's development - Asia-Pacific framework toward
Chapter 2 sustainable growth growing with 's development - -Pacific framework toward Section 3 Expansion of n consumer market. Targeting to be a quality market. The section 2 confirmed while is gaining
More informationFraser and Neave delivers strong results in FY2014
Fraser and Neave delivers strong results in FY2014 Revenue increased 5.5 per cent to $2,421.1 million, from $2,294.1 million PBIT 2 was $276.5 million, up 29.3 per cent from $213.9 million Attributable
More informationASEAN Insights: Regional trends
ASEAN Insights: Regional trends January 2017 1. Global trends GLOBAL ECONOMY AND EQUITY MARKETS ENTER 2017 ON A STRONG NOTE DESPITE GEOPOLITICAL UNCERTAINTIES The global economy entered 2017 on a strong
More informationASEAN Insights: Regional trends
ASEAN Insights: Regional trends December 2017 1. Global trends CONSUMER AND BUSINESS CONFIDENCE ROBUST; UNEMPLOYMENT RATE FALLS WHILE INFLATION EDGES UP The global economic environment continued on its
More informationUnited Overseas Bank Limited
United Overseas Bank Limited July 2007 This material that follows is a presentation of general background information about United Overseas Bank Limited s ( UOB or the Bank ) activities current at the
More informationSWIBER ACHIEVES RECORD-HIGH REVENUE AND NET PROFIT SINCE LISTING
FOR IMMEDIATE RELEASE Contact Information: Citigate Dewe Rogerson, i.mage Pte Ltd Dolores Phua / Pearl Lam 97508237 / 9781-3518 SWIBER ACHIEVES RECORD-HIGH REVENUE AND NET PROFIT SINCE LISTING - Net profit
More informationChief Executive Perspectives: 2009
Chief Executive Perspectives: 2009 Results from the 2009 Annual Member Survey Asia Business Council September 2009 The Asia Business Council Independent association of CEOs from leading Asian and MNC firms
More information2018 Independence Day Holiday Travel Forecast Review
(Million) (Percent Change) Independence Day holiday travel will increase by nearly 2.4 million to 46.9 million, the most on record AAA and IHS Markit forecast 46.9 million travelers for the 2018 Independence
More informationInsurance Sector Development in Indonesia
Insurance Sector Development in Indonesia 12 January 2016 Outline Role of the insurance sector in economic development The state of Indonesia s insurance industry and its implications for the economy Factors
More informationINCOME GAP AND EXCHANGE RATE REGIME IN ASEAN. Ngoc Hong Nguyen A.Prof. Charles Harvie Prof. Sandy Suardi
ACE 2017 INCOME GAP AND EXCHANGE RATE REGIME IN ASEAN Ngoc Hong Nguyen A.Prof. Charles Harvie Prof. Sandy Suardi CONTENTS 1. KEY TERMS 2. MOTIVATION 3. AIMS AND SIGNIFICANCE OF THE STUDY 4. BACKGROUND
More information- SET Index closed at 1, points at the end of February, up 0.4 percent from the end of January, or up 6 percent from the end of 2014.
SET News 29/2015 Mar 12, 2015 Thai bourse market report for February 2015 Bangkok, March 12, 2015 The Stock Exchange of Thailand (SET) main index ended February at 1,587.01 points, up 0.4 percent from
More informationIntroduction to PHILIPPINES
Introduction to PHILIPPINES With a population of about 100 million people, the Philippines, which comprises more than 7,000 islands, is the 12th most populous country in the world. An additional 12 million
More informationPolicy Notes. The Insurance Industry in the ASEAN5 Economies: Tapping its Potential. Melanie S. Milo *
PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES Surian sa mga Pag-aaral Pangkaunlaran ng Pilipinas December 23 No. 23-17 The Insurance Industry in the ASEAN5 Economies: Tapping its Potential Melanie S. Milo
More informationC$1 trillion (US$829 billion). US$392 billion.
Manulife Financial Corporation (Manulife) is a leading international financial services group that traces its roots and investment management experience back to the 1800s. As at 31 December 2017, assets
More informationUnited Overseas Bank Investor Roadshow November 2006
United Overseas Bank Investor Roadshow November 2006 Disclaimer : This material that follows is a presentation of general background information about the Bank s activities current at the date of the presentation.
More informationSEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL GENERAL
4 August ASEAN manufacturing PMI fell below 50 in July Drop in Asean s manufacturing PMI may be due to seasonal factors IHS Markit s ASEAN Manufacturing Purchasing Managers Index (PMI) fell to 49.3 in
More informationEmployment, Productivity and Poverty Reduction in the Philippines
Employment, Productivity and Poverty Reduction in the Philippines Director Lawrence Jeff Johnson ILO Country Office for the Philippines 34 th National Conference of Employers 24 May 2013, Manila Global
More informationAsset & Wealth Management Market Intelligence Digest Thailand. Asset & Wealth Management Market Research Centre Asia Pacific
Asset & Wealth Management Market Intelligence Digest Thailand Asset & Wealth Management Market Research Centre Asia Pacific Summary table of contents Executive Summary 1.1 1.2 Market Landscape 2.1 2.2
More informationGlobal Insurance CFO Survey Asia supplement
Global Insurance CFO Survey Asia supplement Contents 1 Introduction 3 Executive summary 5 Priorities and challenges 16 Delivering value in 2020 20 Looking forward Introduction EY s CFO survey of 35 global
More informationDKSH Holding Ltd. Presentation Half-year results 2018
DKSH Holding Ltd. Presentation Half-year results 2018 Overview Half-Year 2018 Net sales grew by 7.4% Profit after tax increases 4.5% EBIT on last year s level Increased performance in Healthcare, Performance
More informationCorporate Presentation
TSE 1 st Section Ticker : 8755 Corporate Presentation September/October, 2008 SOMPO JAPAN INSURANCE INC. Can Sompo Japan grow? Yes, we can and HOW? Japanese P&C insurance market to grow, increased profitability
More informationTHE ASEAN BUSINESS OUTLOOK SURVEY 2011
THE ASEAN BUSINESS OUTLOOK SURVEY 2011 MALAYSIA REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 Copyright Standards This
More informationAssociation of Southeast Asian Nations. one vision one identity one community. Brunei Darussalam Cambodia Indonesia Lao PDR Malaysia
Association of Southeast Asian Nations Investing in ASEAN asean 2014 2015 one vision one identity one community Brunei Darussalam Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand
More informationINDONESIA REPORT. Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore AND
INDONESIA REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 AND The United States Chamber of Commerce 1615 H St NW Washington
More informationAsia Business Council Annual Survey 2011
Asia Business Council Annual Survey 2011 Executive Summary September 2011 Survey Overview Survey was conducted in July-August 2011 Response rate of 76% (49 of 64 members) Members were asked about their
More informationUOB is rated among the world s top banks: Aa1 by Moody s and AA- by Standard and Poor s and Fitch Ratings respectively.
UOB, your partner in Asia United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific, Western Europe and
More informationIntroduction to MALAYSIA
Introduction to MALAYSIA Malaysia is an upper-middle income, highly open economy with a record of strong economic performance and poverty reduction since independence from Great Britain in 1957. Malaysia
More informationIntroduction to INDONESIA
Introduction to INDONESIA Indonesia is the fifth largest economy in Asia in nominal GDP terms and the third most populous nation behind China and India. It has recorded strong economic growth over the
More informationJUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN
BOT raised GDP growth forecasts for and 2018 BOT kept its policy rate unchanged at 1.5% for eighteen straight month Bank of Thailand (BOT) maintained its policy rate, i.e. one-day repurchase rate, at 1.5%
More informationFinancial Services Opportunities in Asia. By Stan Roche, Senior Adviser Financial Services & FinTech Austrade
Opportunities in Asia By Stan Roche, Senior Adviser Financial Services & FinTech Austrade AUSTRALIA S COMPARATIVE ADVANTAGE IN FINANCIAL SERVICES Austrade will focus on areas of Australian financial services
More informationAsian Insights Third quarter 2016 Asia s commitment in policies and reforms
Asian Insights Third quarter 2016 Asia s commitment in policies and reforms One of the commonalities between most Asian governments is the dedicated commitment they have in using policies and initiatives
More informationCHAPTER 2 International Trade Activities of Thai SMEs
CHAPTER 2 International Trade Activities of Thai SMEs 2.1 Overview of International Trade Situation in 217 For 217 Thailand s all-industries export value reached a total of 8,6,265.18 M baht which represented
More informationBLACKROCK GLOBAL ETP LANDSCAPE
BLACKROCK GLOBAL ETP LANDSCAPE SEPTEMBER The opinions expressed are as of September 30th and may change as subsequent conditions vary. Summary BlackRock ETP Research A cross-regional team analyzing global
More informationInnovating in Asia Wealth Management
Innovating in Asia Wealth Management A local perspective Chris Ryan Asia Pacific markets can be divided into three size/maturity categories; Large, mature Hong Kong, Singapore, Australia, Japan. Large,
More informationGoing with the flows? ASEAN and liberalisation in Thailand
Going with the flows? ASEAN and liberalisation in Thailand In positioning itself as a regional hub for investment, the Thai government has taken steps to liberalise its regulatory framework in a bid to
More informationTHE ASEAN BUSINESS OUTLOOK SURVEY 2011
THE ASEAN BUSINESS OUTLOOK SURVEY 2011 THAILAND REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 Copyright Standards This
More informationAll the BRICs dampening world trade in 2015
Aug Weekly Economic Briefing Emerging Markets All the BRICs dampening world trade in World trade in has been hit by an unexpectedly sharp drag from the very largest emerging economies. The weakness in
More informationCEOs Less Optimistic about Global Economy for 2015
Press Release Date 22 January 2014 Contact Vu Thi Thu Nguyet Tel: (04) 3946 2246, Ext. 4690; Mobile: 0947 093 998 E-mail: vu.thi.thu.nguyet@vn.pwc.com Pages 6 CEOs Less Optimistic about Global Economy
More informationASEAN Disclosure Standards Scheme for Securities Offerings
ASEAN Disclosure Standards Scheme for Securities Offerings Introduction The securities regulators in Malaysia, Singapore and Thailand on 1 announced the implementation of the ASEAN Disclosure Standards
More informationECONOMIC OUTLOOK FOR SOUTHEAST ASIA, CHINA AND INDIA 2018:
ECONOMIC OUTLOOK FOR SOUTHEAST ASIA, CHINA AND INDIA 2018: FOSTERING GROWTH THROUGH DIGITALISATION Kensuke Tanaka, Head of Asia Desk OECD Development Centre Asia-Pacific Business Forum, Hong Kong, China
More informationWhy Corporate Governance is Important in APEC Economies
2008/SOM3/EC/WKSP/007 Agenda Item: 2 Why Corporate Governance is Important in APEC Economies Submitted by: Chile Workshop on Corporate Governance Lima, Peru 17 August 2008 Why Corporate Governance is Important
More informationVenture Capital Insights 2Q14
Venture Capital Insights Q Global VC investment landscape Cost to start enterprise and consumer venture-backed companies August Insights development team Bryan Pearce, Global Leader, Entrepreneur Of The
More informationThe Medium to Long-Term Economic Outlook for Asia
The Medium to Long-Term Economic Outlook for Asia February 3, 2017 Yoko Takeda Mitsubishi Research Institute Copyright (C) Mitsubishi Research Institute, Inc. Issues for discussion for Asian Economy Copyright
More informationStable Labor Market Promotes Wage Growth
2 June 2017 ECONOMIC REVIEW 2016 Salaries & Wages Stable Labor Market Promotes Wage Growth Wage growth registered at 6.4% in 2016. Malaysia s median wage grew by 6.4% to RM1,703 last year. The wage growth
More informationHow to Increase Bond Market Liquidity an AsianBondsOnline Survey
2009/FMM/009 Session: Plenary 2 How to Increase Bond Market Liquidity an AsianBondsOnline Survey Purpose: Information Submitted by: Asian Development Bank 16 th Finance Ministers Meeting Singapore 12 November
More informationTRADEMARK FILING REQUIREMENTS IN ASEAN MEMBER COUNTRIES (Information Updated as of 7 March 2007)
TRADEMARK FILING REQUIREMENTS IN ASEAN MEMBER COUNTRIES (Information Updated as of 7 March 2007) BRUNEI CAMBODIA INDONESIA LAO PDR MALAYSIA MYANMAR* PHILIPPINES SINGAPORE THAILAND VIETNAM Particulars of
More informationTHAILAND REPORT. Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore AND
THAILAND REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 AND The United States Chamber of Commerce 1615 H St NW Washington
More informationTHE ASEAN BUSINESS OUTLOOK SURVEY 2011
THE ASEAN BUSINESS OUTLOOK SURVEY 2011 INDONESIA REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 Copyright Standards This
More informationSustainability and Efficiency of Public Investment Spending in the Philippines: Challenges and Opportunities
Sustainability and Efficiency of Public Investment Spending in the Philippines: Challenges and Opportunities Tokyo Fiscal Forum 10-11 June 2015 Rosario G. Manasan Philippine Institute for Development Studies
More informationGlobal Financial Institutions Group
Global Financial Institutions Group Lim Lay Wah Head, Group Financial Institutions UOB Greater China Corporate Day 31 August 1 September 2015 Disclaimer: This material that follows is a presentation of
More informationASEAN Insights: Regional trends
ASEAN Insights: Regional trends March 2018 1. Global trends BUSINESS AND CONSUMER CONFIDENCE ROBUST; US FED HIKES RATES; EQUITY MARKETS FALL The global economic environment remained positive this month.
More informationASEAN: AEC and China the Key Drivers in Trade and Investment into the Next Decades
UOB Global Economics and Markets Research Company Reg No. 193500026Z Suan Teck Kin Francis Tan Friday, 26 September 2014 Suan.TeckKin@UOBGroup.com Francis.TanTT@UOBGroup.com Flash Notes ASEAN: AEC and
More informationProposes first and final dividend of 0.2 Singapore cents per ordinary share to be paid on 25 April 2018 upon approval at next AGM
PRESS RELEASE Contact Information: Tishrei Communications Ho See Kim, seekim@tishrei.sg Tel: 96313602 Qian Hu delivers higher net profit in 4Q2017 and FY2017; forays into shrimp farming and import/export
More informationIs Southeast Asia Still Too Dependent on U.S. Growth? Claire Innes Asia-Pacific Group Global Insight
Is Southeast Asia Still Too Dependent on U.S. Growth? Claire Innes Asia-Pacific Group Global Insight Agenda Southeast Asia s growth model A shift to domestic demand-led Growth? The development of an intra-regional
More informationSUPPORTING INFRASTRUCTURE DEVELOPMENT IN ASEAN ECONOMIES: THE ACCESS TO RISK MITIGATION INSTRUMENTS. Knut Gummert, OECD Southeast Asia Division
SUPPORTING INFRASTRUCTURE DEVELOPMENT IN ASEAN ECONOMIES: THE ACCESS TO RISK MITIGATION INSTRUMENTS Knut Gummert, OECD Southeast Asia Division UNESCAP EGM meeting 25 November 2015 Outline i. OECD projects
More informationWTO Accession and Domestic Reform: Vietnam s Trade Horizons to 2020
WTO Accession and Domestic Reform: Vietnam s Trade Horizons to 2020 David W. Roland-Holst Mills College and University of California, USA Central Institute for Economic Management (CIEM) Hanoi CNAM: The
More informationAask Advisory Services Pte. Ltd.
Aask Advisory Services Pte. Ltd. Corporate Governance, Risk management, Increased shareholder Value Africa is our business 28 September 2016 Southeast Asia's diverse economies 10 nations with populations
More informationImproved Macroeconomic Conditions Boost Consumer Sentiment to Its Highest Level in 3½-Year
ECONOMIC REPORT Business & Consumer Confidence 17 April 2018 Improved Macroeconomic Conditions Boost Consumer Sentiment to Its Highest Level in 3½-Year MIER s CSI rebounded to 3.5-year high. Underpin by
More informationtariff global business nontariff barriers multinational corporation quota direct foreign investment trade barriers voluntary export restraints
global business tariff multinational corporation nontariff barriers direct foreign investment quota trade barriers voluntary export restraints protectionism government import standard A direct tax on imported
More information2016 Outward Foreign Direct Investment of Thai Listed Firms
Research Paper 1/2017 2016 Outward Foreign Direct Investment of Thai Listed Firms Research Department The Stock Exchange of Thailand May 2017 www.set.or.th/setresearch Contents Page Executive Summary 1
More informationIntroduction to VIETNAM
Introduction to VIETNAM Vietnam is a densely populated, emerging economy that has implemented market-oriented reforms since 1986 and benefited from large foreign direct investment inflows since its accession
More informationSEPTEMBER 2017 Global Opportunity Index: Global Investors Growing Focus on Asia
SEPTEMBER 2017 Global Opportunity Index: Global Investors Growing Focus on Asia Jakob Wilhelmus EXECUTIVE SUMMARY As part of the Milken Institute s mission to improve access to capital, the Global Opportunity
More informationBTMU ASEAN TOPICS. YUMA TSUCHIYA ECONOMIC RESEARCH OFFICE SINGAPORE 23 JANUARY 2018
BTMU ASEAN TOPICS YUMA TSUCHIYA ECONOMIC RESEARCH OFFICE SINGAPORE yuma_tsuchiya@sg.mufg.jp 23 JANUARY 218 (ORIGINAL JAPANESE VERSION RELEASED ON 28 DECEMBER 217) The Bank of Tokyo-Mitsubishi UFJ, Ltd.
More informationEVCA Barometer. Issue 52 - June Industry Snapshot
EVCA Barometer Industry Snapshot Like every year in June, EVCA has just released the final private equity and venture capital activity statistics for 20. Similarly to the past two years, this month s Barometer
More informationOverview of Taiwan s Leasing Industry
Overview of Taiwan s Leasing Industry 1. Taiwan s Economic Review 1.1 Major Economic Indicators in 2007 Year 2007 Unit Economic Growth Rate 5.72 % GDP 383 US$ billion Per Capita GDP 16,792 US$ GNP 393
More informationEconomics. Market Insight Tuesday, 6 June, Malaysia Economy. Exports and Imports slowed down in April. Chart 1: Malaysia: External Trade
Market Insight Tuesday, 6 June, 2017 RM'bn Jan'10 Jan'11 Jan'12 Jan'13 Jan'14 Jan'15 Jan'16 Jan'17 % y-o-y Imran Nurginias Ibrahim imran@bimbsec.com.my PP16795/03/2013(031743) 03-26131733 www.bisonline.com
More informationOECD Equity Markets Review ASIA2017
OECD Equity Markets Review ASIA2017 OECD Equity Markets Review Asia 2017 Please cite this publication as: OECD (2017), OECD Equity Markets Review: Asia 2017 www.oecd.org/corporate/oecd-equity-markets-review-asia-2017.pdf
More informationASEAN Bankers Association
ASEAN Bankers Association Role of the financial sector in the development of sustainable energy Address: 80 Cecil Street #7-0 Bangkok Bank Building Singapore 0696 Tel No: +6-6-7 Fax No +6-6-077 Email:
More informationSchroder Oriental Income Fund
1 Fund Ltd is a client of Kepler Trust Intelligence. Material produced by Kepler Trust Intelligence covering should be considered a marketing communication, and is not independent research. Please see
More informationPhilippines-Japan Business Investment Forum 2017
Philippines-Japan Business Investment Forum 2017 Oct. 17, 2017 Tokyo, Japan Nikkei Business Publications Inc. 2017 Nikkei Business Publications Inc. All rights reserved. 1 According to the announcement
More informationSINGAPORE FUND FLOWS SUMMARY QUARTER-END ANALYSIS DECEMBER 31, 2017
SINGAPORE FUND FLOWS SUMMARY QUARTER-END ANALYSIS DECEMBER 31, 2017 Total Net Fund Flows for Q4 2017 Still Positive, Bond Funds Experience a Seventh Consecutive Quarter of Net Inflows Unit trusts registered
More informationFirstly, how has Malaysia s openness to international trade and investment benefited its economy?
Has openness to international trade and investment benefited or harmed the Malaysian economy? How can Malaysia ensure that it reaps more benefits than harms from international trade and investment in the
More informationAdvancing Good Corporate Governance by Promoting Utilization of the OECD Principles of Corporate Governance
011/SOM1/EC/WKSP1/00 Advancing Good Corporate Governance by Promoting Utilization of the OECD Principles of Corporate Governance Submitted by: PECC Workshop on Advancing Good Corporate Governance by Promoting
More informationNo October 2013
DEVELOPING AND TRANSITION ECONOMIES ABSORBED MORE THAN 60 PER CENT OF GLOBAL FDI INFLOWS A RECORD SHARE IN THE FIRST HALF OF 2013 EMBARGO The content of this Monitor must not be quoted or summarized in
More informationStrategy Management Consultancy. Southeast Asia. Regional Analysis. k n o w l e d g e c e n t e r linesight.com/knowledge
Strategy Management Consultancy Southeast Asia Regional Analysis k n o w l e d g e c e n t e r 2017 linesight.com/knowledge Contents Southeast Asia Market Review 4 Singapore Singapore Market Review 5 Macro
More informationAsia-Pacific Alternatives & Wealth Management Awards
Asia-Pacific Alternatives & Wealth Management Awards Singapore 23-25 May 2017 Awards Methodology 2017 The methodology provides an overview of the conditions and criteria used by SRP to distinguish Manufacturers,
More informationTHE ASEAN BUSINESS OUTLOOK SURVEY 2011
THE ASEAN BUSINESS OUTLOOK SURVEY 2011 SINGAPORE REPORT Compiled by: The American Chamber of Commerce (AmCham) in Singapore 1 Scotts Road #23-03/04/05 Shaw Centre Singapore 228208 Copyright Standards This
More information03 Cross-border Investment
3 Cross-border Investment 26 n Economic Integration Report 217 Cross-border Investment Trends and Patterns of FDI in is increasingly a magnet for foreign direct investment and a prominent global investor.
More informationGood morning shareholders, Board members, ladies and gentlemen, a warm welcome to our 15 th AGM.
SPEECH BY MAGNUS BOCKER, CEO OF SINGAPORE EXCHANGE, AT 15TH ANNUAL GENERAL MEETING OF SGX, NTUC CONFERENCE HALL, 25 SEP 2014 Good morning shareholders, Board members, ladies and gentlemen, a warm welcome
More informationAlternative UCITS Barometer
Alternative UCITS Barometer Quarter 3, Introduction ML Capital Asset Management, the investment manager and promoter of the MontLake UCITS Platform, is delighted to present the 19th edition of the quarterly
More informationPrivate Equity and Institutional Investors: Risks and Opportunities in Cambodia and Lao PDR IPBA, Manila March 2018
Private Equity and Institutional Investors: Risks and Opportunities in Cambodia and Lao PDR IPBA, Manila March 2018 BANGLADESH CAMBODIA INDONESIA LAO PDR MYANMAR SINGAPORE THAILAND VIETNAM AGENDA Introduction
More informationEquity Funds and Market Assessing the Damage
Analyst Tan Xuan +6565311579 tanx@phillip.com.sg Equity and Market Assessing the Damage Executive Summary Equity markets and the mutual funds industry experienced sharp sell-off on concerns regarding ongoing
More informationThe Global Economic Crisis: Asia and the role of China Elliott School of International Affairs, George Washington University March 31, 2009
The Global Economic Crisis: Asia and the role of China Elliott School of International Affairs, George Washington University March 31, 29 Anoop Singh Asia and Pacific Department IMF 1 Five key questions
More informationTENNESSEE HOUSING MARKET
3rd Quarter 21 TENNESSEE HOUSING MARKET David A. Penn, Director Business and Economic Research Center Jennings A. Jones College of Business Middle Tennessee State University This quarterly series is supported
More informationAutomobile Industry in Malaysia
Overseas Market Information Business Environment Ranking Automobile Industry in Malaysia (Continued from previous issue) BMI s revised Business Environment Ranking for the automotive industry sees Malaysia
More informationTHIS QUARTER IN ASIA ASEAN SHOWING RESILIENCE WHILE CHINA AND INDIA WEAKENING
Apr-9 Oct-9 Apr-1 Oct-1 Apr-9 Oct-9 Apr-1 Oct-1 THIS QUARTER IN ASIA Asian Business Cycle Indicators (ABCIs), Vol.8 April June 212 Source: OECD Development Centre ASEAN SHOWING RESILIENCE WHILE CHINA AND
More informationVietnam: Economic Context
Vietnam: Economic Context Parliamentary Network Visit to Vietnam March 5 8, 218 Hanoi, Vietnam Jonathan Dunn IMF Resident Representative International Monetary Fund Outline 2 IMF activities Economic achievements
More informationPREQIN INVESTOR OUTLOOK: PRIVATE EQUITY H2 2017
PREQIN INVESTOR OUTLOOK: PRIVATE EQUITY H2 2017 alternative assets. intelligent data. POSITIVE SENTIMENT DIPS BUT INVESTORS ARE SATISFIED Investors surveyed by Preqin in June 2017 are less positive about
More information2017 Transport Sector. Private Participation in Infrastructure (PPI)
2017 Transport Sector Private Participation in Infrastructure (PPI) Acknowledgement & Disclaimer This report was written by a team comprising Deblina Saha (Task Team Leader), Akhilesh Modi and Iuliia Zemlytska,
More informationDear fellow Shareholders:
Dear fellow Shareholders: The global financial crisis has had a profound and lasting impact on Morgan Stanley and every institution in our industry. Governments, seeking to restore economic equilibrium
More informationCapital Management in Changing Regulatory Environment
The Actuarial Society of Hong Kong Capital Management in Changing Regulatory Environment Gaston Nossiter RGA - Global Financial Solutions 7 May 2013 Content Regulatory Capital: Past, Present & Future Economic
More informationINTERNATIONAL TAX PLANNING. Singapore Domestic Law And Treaties SHANKER IYER FCA
INTERNATIONAL TAX PLANNING Singapore Domestic Law And Treaties SHANKER IYER FCA Contents Singapore Tax System Corporate & personal Recent tax developments What makes Singapore an attractive centre for
More informationAAPA Shifting Trade Patterns The Changing Asia Market
AAPA Shifting Trade Patterns The Changing Asia Market Today s objective Provide a 30,000 perspective on the Asian economy and its short-term outlook Focus on three topics 1. Economic growth 2. Trade growth
More informationBusiness Outlook for ASEAN Country 2017 Thailand Insurance Symposium December 2016 Bangkok, Thailand. Clarence Wong Chief Economist Asia
Business Outlook for ASEAN Country 2017 Thailand Insurance Symposium 2016 19 December 2016 Bangkok, Thailand Clarence Wong Chief Economist Asia Agenda What are our top economic concerns? What does this
More informationSBF ASEAN OUTLOOK SURVEY
SBF ASEAN OUTLOOK SURVEY 2018 2017 Commissioned by: SUMMARY REPORT Index Pages Foreword SBF ASEAN Outlook Survey 2017/2018 Companies Expect Positive ASEAN Business Outlook Driven By High Growth Potential
More information