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Malaysia: January IPI expands 3.2%, faster than expected

PETALING JAYA: Malaysia’s industrial production index (IPI) rose 3.2% in January, exceeding a Bloomberg survey of 2.3%, underpinned by the increase in the electricity and manufacturing indices. The electricity sector index advanced 7.8% on-year, the highest since July 2017, while factory output grew 4.1% on-year, moderating from 4.4% in the previous month. MIDF Research said […]

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Thailand: China wants EEC estate land

A group of Chinese investors, led by representatives of China’s government, has expressed interest in buying 10,000 rai of industrial estate land in the Eastern Economic Corridor (EEC) to create its own community and improve its supply chain in Asean.  The Chinese government and private sector held talks a few weeks ago with the Industrial Estate […]

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Indonesia: Task force closes unlicensed 162 fintech, 47 investment entities

The Investment Alert Task Force has closed a further 168 financial technology (fintech) or peer-to-peer (P2P) lending platforms and 47 investment entities that are not registered with the Financial Services Authority (OJK). With the latest move, the task force, which is supported by 13 ministries and other institutions, has now closed 803 unlicensed fintech firms – 404 in 2018 […]

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Asean has gained from US Asia policy: researchers

SOUTH-EAST Asian states have gained from the Trump administration’s policy in Asia so far, said ISEAS-Yusof Ishak Institute senior fellows Malcolm Cook and Ian Storey in a March 14 edition of ISEAS Perspective, writing: “So far, Southeast Asian states have benefitted as a venue for the Trump-Kim summits, greater US security actions in the region, and from […]

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Derivatives lure Thai investors

Thai investors have shifted to derivatives products because of sporadic financial market volatility and greater investment knowledge, says KGI Securities Thailand.  Lin Chih-Hung, chief operating officer of KGI, said stock markets in Taiwan and Thailand are similar in terms of investor structure, with the majority of trading value coming from individual investors.  Retail investors previously accounted […]

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