Vietnams post-TPP flight fluster on June 5, 2017Vietnamese stocks, which led with a near 10% gain on Morgan Stanley Capital International’s Frontier Asian Index through April, continued buoyant ahead of a White House visit by Prime Minister Nguyen Xuan Phuc and a scheduled overseas listing by state airline Vietjet after a successful February public offering. He and President Donald Trump will discuss […]
Myanmars elusive prize preening on January 3, 2017Despite hosting over one thousand delegates at a September Euromoney conference and stock exchange and government bond launch this year, Myanmar under Nobel laureate Aung San Suu Kyi’s leadership has disappointed investors with lackluster political and economic direction at odds with her visionary reputation. At the same time as the Yangon business summit, coinciding with […]
GST: Indias taxing simplification stew on August 22, 2016Indian shares, after ending July ahead 5% on the MSCI Index despite price-earnings ratios above the emerging market average, were further buoyed with the unanimous passage of a national goods and services tax (GST) by the upper house of Parliament. The constitutional amendment culminated a decade-long effort under both the previous Congress Party and current […]
Economic monitor: Indias brooding budget surgery on March 14, 2016Indian shares joined China’s as the worst Asian performers on the MSCI index with a 15% loss through February, as foreign investor outflows continued in reaction to budget disappointment. Finance Minister Arun Jaitley hailed its “transformative agenda” of heavy rural spending including $2.5 billion for irrigation projects, as he remains at odds with central bank […]