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(4 February 2020, AFR, p11, Emma Connors, South-east Asia correspondent) ‘Kuala Lumpur | South-east Asian nations are scrambling to offset the impact of the coronavirus as the health crisis begins to threaten financial stability in the region. The Singaporean government has unveiled a stimulus package, Indonesia has moved aggressively to prop up its currency after … Continue reading
(29 January 2020, AFR, p11, Emma Connors, South-east Asia correspondent) ‘Jakarta | China’s ban on foreign tour groups, imposed this week to restrict the spread of the coronavirus, will slash the number of visitor arrivals in several south-east Asian countries that rely heavily on tourism to power their economies. Thai tourism operators believe the ban … Continue reading
(9 January 2019, AFR, p29, by Nick Lenaghan) ‘One of the biggest apartment developers in Melbourne – Malaysia’s UEM Sunrise – is prepared for as much as a 10 per cent default rate on the settlement of apartments in its $330 million CBD tower, signalling just how difficult the market is about to get following … Continue reading
(15 May 2018, AFR, p9, Liz Lee, Tom Westbrook, Reuters) ‘Investors sorted Malaysia’s political haves from the have-nots on the first trading day after a shock election result, dumping shares in firms associated with supporters of ousted prime minister Najib Razak and projects backed by his government. Veteran politician Mahathir Mohamad came out of retirement … Continue reading
(11 May 2018, AFR, p15, by Michelle Jamrisko and Lilian Karunungan) ‘Investors are grappling with Mahathir Mohamad’s surprise election victory in Malaysia’s election. Here’s a look at what it means for the outlook for economic policy and markets. At 92 years old, Mahathir led a four-party coalition to end the six-decade rule of Prime Minister … Continue reading
(10 May 2018, AFR, p36, by Lisa Murray) ‘The result has sent shock waves through Malaysia and south-east Asia as other counties prepare to go to the polls’ ”The night before Malaysia’s historic election, the main contenders gave simultaneous speeches. It was the candidates’ last pitch before a vote that was widely expected to return … Continue reading
(28 November 2016, AFR, p34, by Pooja Thakur Mahrotri and En Han Choong) ‘The landscaped lawns and flowering shrubs of Country Garden‘s huge property showroom in southern Malaysia end abruptly at a small wire fence. Beyond, a desert of dirt stretches into the distance, filled with cranes and piling towers that the Chinese developer is … Continue reading
(13 June 2013, AFR, p35, Marianna Papadakis) ‘Falls in emerging markets, following weaker-than-expected Chinese economic data and speculation that central banks around the world will taper off stimulus measures, has led to a reassessment of growth forecasts in developing nations.’ ‘Economists said speculation that global central banks might pare back economic stimulus measures had led … Continue reading
[COMMENT: Interesting detail about (Gold Coast) property sales, including some statistics on the 40% fall in property values…] (22 Sept 2012, AFR, p4, Matthew Cranston) ‘A Malaysian businessman has bought $13 million worth of apartments in Soul Tower at Surfers Paradise on the Gold Coast, adding to growing investment in the city from Asia.’ ‘Soul’s … Continue reading
Aussie Sharemarket Barometer 