PWC recently released a report looking at how the global economic order might change by the year 2050. The study includes the firm’s latest long-term global growth projections to 2050 for 32 of the largest economies in the world. You can find the link to their interactive website here and download a copy of the full report here. Marc Faber, editor of […]
Category: Readings
The Story Of First Pacific Company
Interesting (albeit somewhat promotional) recent article in the Philippine Star about the history and evolution of First Pacific as well as the decades-long friendship between Ed Tortorici and Manny Pangilinan. First Pacific was set up in 1981 in Hong Kong with an initial focus on investment banking and financial services. It was backed by the Salim family of […]
Book Review: “East to West to East”
Randolph Kwei’s memoir “East to West To East” tells of a fascinating life story that spans multiple careers, continents and historic world events. The author grew up in the 1940s in a Shanghai under Japanese occupation, completed his studies and early training in the US and then eventually returned to Asia to help play a part in the economic development […]
Readings For The Week (30/4)
Bumper edition of readings this week. Enjoy! Indonesia’s fearless finance minister is ready for her next fight: Bloomberg Markets special on how Sri Mulyani Indrawati wants to recharge Southeast Asia’s largest economy. A short guide to short selling: Scott Fearon, author of Dead Companies Walking, on the insights gained from identifying stocks that are likely to decline. Hugh […]
Singapore Maritime Week 2017
It’s almost the end of Singapore Maritime Week 2017. You can see the full calendar of events here. Below is a compilation of some media highlights / coverage from the week: Andreas Sohmen-Pao: The chairman of the BW Group discusses his outlook for the industry and how his company is positioning itself (CNBC). Roundtable: Business leaders from Singapore’s maritime […]
Standard Chartered: The Race To Save
Standard Chartered Bank have published their 2017 Emerging Affluent Report, an in-depth study into the savings habits of 8,000 emerging affluent consumers across eight markets (China, Hong Kong, India, Kenya, Korea, Pakistan, Singapore and Taiwan). They explore what defines the next generation of savers across some of the world’s most promising economies, as well as the problems they face. […]
Readings For The Week (23/4)
This week’s readings include the macro outlook from Platinum’s Andrew Clifford, annual shareholder letters from Jeff Bezos (Amazon) and Wong Fong Fui (Boustead), latest thoughts on the Chinese economy from Michael Pettis and a wide-ranging interview with Arundhati Bhattacharya of the SBI. Macro overview: Platinum’s Andrew Clifford says the global economic and political landscape continues to […]
Readings For The Week (16/4)
This week’s readings include letters from the Pangolin and Panah funds, a talk by James Stent on the untold story of China’s banking transformation, a look at the rapidly changing media & entertainment landscape in China and a wide-ranging interview with Mark Zuckerberg. March letter: James Hay discusses his outlook for Malaysia. Other members of his team […]
Apollo Asia Fund’s 1Q17 Report
A sober tone from Claire Barnes in her first quarter letter to investors. She writes that “more regional companies [are suffering] from capricious action by governments” and her impression is that these incidents are becoming more frequent. She cites recent examples in both India (a government ban on alcohol near highways) and Thailand (closure of Kingsgate’s Chatree gold mine). Last year, one […]
Readings For The Week (9/4)
This week’s readings include the FT’s James Crabtree on how many of the things that Brexiters admire about Singapore are only half-true, a New York Times profile of Dawn Fitzpatrick, an interview with Marc Faber on his outlook for India and other emerging markets as well as a talk by Charles Li on how Hong Kong can […]