Ferdinand Marcos Jr is set to become President of the Philippines and Sara Duterte, the daughter of the current President, Rodrigo Duterte, is set to become Vice President. Foreign investors are expected to resort to a wait-and-see approach since the President-elect has not made his economic policies clear. The Immediate challenges facing Marcos Jr include the Philippines’ high … [Read more...] about What a Ferdinand Marcos Jr Presidency Will Mean for Foreign Investors in Philippines
High yield foreign bonds
Asia stocks try to bounce, China data a risk
SYDNEY: Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session. Forecasts are for a fall of 6.1% in China's annual retail sales, while industrial output is seen rising just 0.4%. Risks are to the downside given new bank … [Read more...] about Asia stocks try to bounce, China data a risk
Government says relaxed travel restrictions have led to tourism surge on Phuket, Samui
The Thai government is patting itself on the back for the decision to ease entry restrictions, which officials say has boosted tourism in places like Phuket and Koh Samui. “All this is due to the government’s move to ease travel restrictions during the country’s high season between March and May.” So says government spokesman, Thanakorn Wangboonkongchana, pointing out … [Read more...] about Government says relaxed travel restrictions have led to tourism surge on Phuket, Samui
The climate crisis turns up the heat on Malaysia’s food security
LAST December, Malaysia witnessed a phenomenon that is supposed to only happen once in 100 years: some parts of the country received one month’s average rainfall all in just one day, an incident that led to massive floods. We were also told that the nine years spanning 2013-2021 were all listed among the 10 hottest years ever recorded. In recent times, “rare” extreme … [Read more...] about The climate crisis turns up the heat on Malaysia’s food security
Opinion: Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing
The finance world, which is constantly on the lookout for rules and laws it can break in the interest of making more money, may have come up against the one law that can't be broken: the law of gravity. Over the last few weeks and months, almost every financial asset has come hurtling back to Earth after high-altitude flights. That includes conventional stocks and bonds, … [Read more...] about Opinion: Bitcoin, NFTs, SPACs, meme stocks — all those pandemic investment darlings are crashing