DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Mohd Rasfan - 1 Thilan Wickramasinghe - 1 Wickramasinghe - 1 CNBC's - 1 Anthony Toh - 1 Toh - 1
Top related locs:
Philippines Republic Korea Singapore Asia ASEAN Indonesia Malaysia
Top related orgs:
51st Association of Southeast Asian Nations - 2 ASEAN - 2 Afp - 1 Getty - 1 Maybank - 1 Taiwan Semiconductor Manufacturing Company - 1 Singapore - 1 Maybank Investment Banking Group - 1

Search resuls for: "51st Association of Southeast Asian Nations"


2 mentions found


☆ Southeast Asia markets are poised for a comeback with valuations at 'bargain basement,' Maybank says
  + stars: | 2024-01-22 | by ( Shreyashi Sanyal | ) www.cnbc.com   time to read: +1 min
Mohd Rasfan | Afp | Getty ImagesSoutheast Asia markets could see a turnaround in 2024 on the back of cheap valuations and potentially high economic growth, after losing some steam last year, according to Maybank. Improving growth, rising exports, a pick up in manufacturing and a better-than-expected outlook by Taiwan Semiconductor Manufacturing Company last week all mean that Southeast Asia markets are poised for a better year, said Thilan Wickramasinghe, head of research for Singapore at Maybank Investment Banking Group. "Southeast Asia really is a bargain basement of markets, when it comes to valuations," Wickramasinghe told CNBC's "Street Signs Asia." watch nowThe MSCI Southeast Asia index fell a little over 3% in 2023, compared with a more than 20% rise in the broader MSCI World index, whose top five constituents are U.S.-listed technology giants including Apple and Microsoft . The MSCI's Southeast Asia index was trading at about 13.21x its 12-month forward price-to-earnings ratio, according to data from MSCI, as of Dec. 29, compared with a 16.57x forward P/E for the MSCI World index.
Persons: Mohd Rasfan, Thilan Wickramasinghe, Wickramasinghe, CNBC's Organizations: 51st Association of Southeast Asian Nations, ASEAN, Afp, Getty, Maybank, Taiwan Semiconductor Manufacturing Company, Singapore, Maybank Investment Banking Group, Apple, Microsoft Locations: Philippines, Republic, Korea, Singapore, Asia
☆ Southeast Asia's digital economy may be set to hit $1 trillion, but roadblocks remain
  + stars: | 2023-06-01 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
A woman (R) adjusts the Philippines flag before the 51st Association of Southeast Asian Nations (ASEAN)- Republic of Korea Ministerial Meeting in Singapore on August 3, 2018. Southeast Asia's digital economy has plenty of growth potential, backed by strong fundamentals including over 460 million digital consumers, young and tech-savvy populations, as well as rising internet penetration. The digital economy across six countries within the Association of Southeast Asian Nations bloc — known as ASEAN-6 and comprising Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam — is projected to grow 6% annually. From the urban-rural divide to low digital literacy, the region continues to grapple with challenges that could hold back that growth. "ASEAN's digital economy is expanding, but there is the digital divide," said Anthony Toh, research analyst at S. Rajaratnam School of International Studies, a think-tank within Nanyang Technological University.
Persons: Anthony Toh, Toh Organizations: 51st Association of Southeast Asian Nations, ASEAN, Association of Southeast Asian Nations, Google, Temasek, Bain & Company, Rajaratnam, of International Studies, Nanyang Technological University, & $ Locations: Philippines, Republic, Korea, Singapore, ASEAN, Indonesia, Malaysia, Thailand, Vietnam, Nanyang, Brunei, Myanmar, Laos, Cambodia
0 next >>
Total: 2