atans1

Asean round-up

In Indonesia, Malaysia on 18/05/2013 at 6:06 am

Global loan growth for HSBC: gd indication of relative economic growth rates. Asean and China is the place to be.

M’sias economic output for the first quarter grew a lower-than-expected 4.1%, dragged down by weak exports.Economists surveyed by Bloomberg had projected a median growth of 5.5%. More headaches for Najib. Well he can tell himself that the problems will not be his to resolve. Badawi must be chuckling to himself. This appeared before the elections http://www.channelnewsasia.com/news/specialreports/malaysiadecides/news/najib-should-not-be-forced-to-resign-bad/661854.html

Indonesia’s IPO market is enjoying its busiest fiscal second quarter ever. Indonesian electronics retailer PT Electronic City became the 10th company to commit to selling shares to the public. Electronic City is reportedly planning to sell the equivalent of 25% of the company raising US$150 million in part to help open new stores.

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