Euromoney (June Issue)
In Asia, “regulatory co-ordination efforts are failing to keep pace with banking and capital flows, as there is no single authority to call…. Diverse markets, conflicting interests and failed policymaking add to the regulatory challenge.” APEC, the Asean Economic Community and the Chiang Mai Initiative aren’t meeting this challenge, leaving “Asian policymakers, supervisors and securities officials [to] coordinate policies and assess financial stability through a fragmented and ad-hoc series of talks and negotiating blocs that are not fit for purpose.”
Tags: Ad-hoc, APEC, Asean, Asia, Authority, Capital flows, Conflicting interests, Coordination, Diverse markets, Financial stability, Fragmented, Policies, Policymakers, Regulatory, Securities officials
Euromoney (April Issue)
“Blackouts have become so widespread on the island of Mindanao that social-media users have taken to calling the energy secretary the secretary of darkness.” This highlights the need for infrastructure, not just in the Philippines, but throughout much of ASEAN where the Asian Development Bank (ADB) estimates “infrastructure projects will require sustained annual investment of approximately $60 billion a year to 2020.” Banking giant HSBC believes “demand in Asia as a whole might reach $11.5 trillion by 2030.”
Tags: ADB, Asean, Asia, Blackouts, Energy, Infrastructure, Investment, Mindanao, Philippines, Social media, Widespread
Institutional Investor (April 17)
“Asean countries are resisting today’s turbulence in emerging markets thanks to reforms taken in the wake of the late ‘90s crisis.” To be sure there are concerns, such as China’s slow down, “yet most investors believe the positives outweigh the potential negatives across most of the region.” This confidence is symbolized by Japanese foreign direct investment. “According to Singapore’s DBS Bank, Japan increased its FDI in Asia by $40 billion in 2013, and fully 42 percent of the country’s FDI is now in Southeast Asia—Considerably more than in China.”
Tags: Asean, Asia, China, Crisis, Emerging markets, FDI, Investors, Japan, Positives, Singapore, Slow down, Turbulence
