Sri Lankan Stock Market

Size: px
Start display at page:

Download "Sri Lankan Stock Market"

Transcription

1 Sri Lankan Stock Market Today & Future Channa De Silva Director General,

2 GDP (nominal) $ per capita: 2006 Hong Kong Taiw an South Korea Singapore Sri Lanka Pakistan Nepal Mauritius Maldives India Bhutan Bangladesh 0 5,000 10,000 15,000 20,000 25,000 30,000

3 GDP (PPP) $ per capita: 2006 Hong Kong Taiwan South Korea Singapore Sri Lanka Pakistan Nepal Mauritius Maldives India Bhutan Bangladesh 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000

4 GDP (PPP) $ per capita: 2006 Malaysia Thailand Sri Lanka Pakistan Nepal Mauritius Maldives India Bhutan Bangladesh 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

5 Market Capitalization: 2006 London SE T okyo SE NY SE Hong Kong E xchanges Kor ea E x change T ai wan SE Cor p. Si ngapor e E xchange Kar achi SE N epal SE M al di ves Bangl adesh Bombay SE M aur i t i us SE Col ombo SE 2,000 4,000 6,000 8,000 10,000 12,000 14,000 USD billions

6 Market Capitalization of Domestic Companies (2006) US $ Bn 644 India Philippines Sri Lanka 8 49 Thailand Indonesia 306 Singapore Malaysia Pakistan 1,329 Hong Kong

7 Market Capitalization (SAFE members): 2006 Karachi SE Nepal SE Maldives Bangladesh Bombay SE Mauritius SE Colombo SE USD (billions)

8 Market Capitalization to GDP: 2006 Hong Kong Exchanges 917% Korea Exchange 109% Taiwan SE Corp. 172% Singapore Exchange 316% Karachi SE Nepal SE Maldives Bangladesh 28% 19% 11% 45% Bombay SE Mauritius SE Colombo SE 33% 69% 103% 0% 100% 200% 300% 400% 500% 600% 700% 800% 900% 1000%

9 Market Capitalization to GDP: 2006 Bursa Malaysia 138% Thailand SE 73% Karachi SE Nepal SE Maldives 11% 19% 28% Bangladesh 45% Bombay SE 103% Mauritius SE 69% Colombo SE 33% 0% 20% 40% 60% 80% 100% 120% 140% 160%

10 Number of Listed Companies (2006) Hong Kong 12% Sri Lanka 2% Philippines 2% Thailand 5%Indonesia 3% Pakistan 7% Singapore 7% SL 237 Malaysia 11% Malaysia 1025 Thailand 518 India 51%

11

12

13 Performance of the market indices Annual Growth Rates in the ASPI

14 Recent Performance of the Colombo Stock Exchange Year All Share Price Index Return Annual Turnover Equity(Rs Mn) 105, ,599 59,052 73,837 30,183 Market Capitalization (Rs Bn) Market PER year end (times) Companies Listed (no)

15 The Strategic role of the A A developing economy if it is to progress, needs a fast expanding capital market. Such a market plays an essential role in the financial and economic sophistication of the country, without which only limited growth is possible Dr. Mahathir Mohamad Capital market

16 Importance of the Capital Market SL heavily dependent on the banking sector Banking sector provides mostly debt finance Capital markets provide an alternative lower cost source of finance to complement bank finance Caters to match investors risk appetite Enables companies to grow, increase visibility and profile, and realize its market value

17 Transparency International Corruption Perception Index Taiw an Singapore United Kingdom Japan more perceived corruption less perceived corruption

18 Vision of the Sri Lankan Capital Market By 2010, the Sri Lankan Capital Market will be: An Engine of growth to facilitate economic development A viable alternative source of funds A liquid and vibrant market

19 A wide range of initiatives actively in progress. Risk Based Regulation Corporate Governance Training & Education Info Dissemination / E-Commerce/ Branch Expansion Capacity Building at the SEC Strengthen Stock Brokers Develop Breadth & Depth Of the Market

20 Corporate Governance Non Executive Directors Independent Directors Remuneration Committee Audit Committee Disclosures on Directors

21 Training & Education Setting up of FSA Training Clusters of Investors Diploma in Capital Market Specialized Programs Program for Directors

22 Capacity Building at SEC Cadre to be Increased Specialization Intense Focus Program Office

23 Key Recommendations of the Capital Market Master Plan Groom large corporate to list on the CSE Sri Lanka Inc. approach, and get the SOE to list National Equity Corporation Participation of rural savers Infrastructure projects through the market Securitization Capital Market Institute Integration of regional markets Enhancement of Corporate Governance

24 Future Developments Emergence of New Industries Emergence of New Entities Cross border Listings Regionalization Commodity Exchanges Derivatives Markets Active Bond Markets

25 Future Developments Strong Capital Market Significant local participation Flow of International funds Emergence of complex instruments Emergence of Fund Managers

26 Challenges to the Future To maintain the sanity of the market To take challenging decisions Dynamism and proactive approach The support of the Government and the public

27 Securities and Exchange Commission of Sri Lanka

Overview of Asian Insurance Markets

Overview of Asian Insurance Markets Overview of Asian Insurance Markets Simon Walpole Session Number: TPS2 Joint IACA, IAAHS and PBSS Colloquium in Hong Kong www.actuaries.org/hongkong2012/ Market Ranking in Asia Notes: 1. Colored boxes

More information

CAPITAL MARKET. Opportunities and challenges. Dr Nalaka Godahewa ( Chairman SEC) February 2013

CAPITAL MARKET. Opportunities and challenges. Dr Nalaka Godahewa ( Chairman SEC) February 2013 CAPITAL MARKET of sri lanka Opportunities and challenges Dr Nalaka Godahewa ( Chairman SEC) February 2013 Colombo Stock Market ( End 2012) Market Size Market Capitalization of Rs 2.2 Trillion 287 Listed

More information

May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS. Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance

May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS. Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS By Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance OUTLINE OF THE PRESENTATION! IMMEDIATE PAST! MAJOR ECONOMIC CHALLENGES!

More information

Global Student Mobility 2025 Forecasts of the Global Demand for Pathways to Higher Education in the Schools, VET and ELICOS sectors

Global Student Mobility 2025 Forecasts of the Global Demand for Pathways to Higher Education in the Schools, VET and ELICOS sectors Global Student Mobility 2025 Forecasts of the Global Demand for Pathways to Higher Education in the Schools, VET and ELICOS sectors Andrew Hewett IDP Education Australia Agenda and Key Issues Pathways

More information

This is a licensed product of Ken Research and should not be copied

This is a licensed product of Ken Research and should not be copied 1 TABLE OF CONTENTS 1. Asia-Pacific Insurance Industry 1.1. Industry Introduction 1.2. Asia-Pacific Insurance Market Size by Direct Written Premium, 2005-2012P 1.3. Asia-Pacific Insurance Market Segmentation

More information

2015 Facts & Figures Asia Pacific

2015 Facts & Figures Asia Pacific 2015 Facts & Figures Asia Pacific BASF participates in the world s largest chemical market: Asia Pacific Chemical production (excluding pharma) (in billion USD) 4% 4% 18% 23% 2012 $3,249bn 49% 49% $1,604

More information

Dow Jones Asia/Pacific Total Stock Market Indices

Dow Jones Asia/Pacific Total Stock Market Indices Dow Jones Asia/Pacific Total Stock Market Indices Dow Jones Asia/Pacific Total Stock Market Index Stated Objective To provide a comprehensive measure of equity securities traded in the Asia/Pacific region.

More information

GLOBAL PAYMENTS AND CASH MANAGEMENT. Solutions For Asia-Pacific

GLOBAL PAYMENTS AND CASH MANAGEMENT. Solutions For Asia-Pacific GLOBAL PAYMENTS AND CASH MANAGEMENT Solutions For Asia-Pacific INTRODUCTION HSBC s commitment to supporting your cash management needs goes well beyond our extensive geographic coverage of the Asia-Pacific

More information

Finally an interactive magazine that caters to all Architects!

Finally an interactive magazine that caters to all Architects! Finally an interactive magazine that caters to all Architects! Architecture Asia is the official online magazine for ArcAsia which is read by more than 5,000 architects from over 17 countries. This lifestyle

More information

Sri Lanka Tax Profile

Sri Lanka Tax Profile Sri Lanka Tax Profile Produced in conjunction with the KPMG Asia Pacific Tax Centre Updated: September 2014 Contents 1 Corporate Income Tax 1 2 Income Tax Treaties for the Avoidance of Double Taxation

More information

Opportunities in Asia

Opportunities in Asia Opportunities in Asia Karin Finkelston IFC Vice President, Asia Pacific Dublin June 19, 1 Asia Steady with Solid Long-Term Opportunities Asia is a major focus area for IFC with plans to invest over $5

More information

The curse of the Open Recursor. Tom Paseka Network Engineer tom@cloudflare.com

The curse of the Open Recursor. Tom Paseka Network Engineer tom@cloudflare.com The curse of the Open Recursor Tom Paseka Network Engineer tom@cloudflare.com Recursors Why? Exist to aggregate and cache queries Not every computer run its own recursive resolver. ISPs, Large Enterprises

More information

Real Estate for Rookies. An Introduction to the Concept of Real Estate Investment Trusts (REITs) Shibly Latiff, CFA

Real Estate for Rookies. An Introduction to the Concept of Real Estate Investment Trusts (REITs) Shibly Latiff, CFA Real Estate for Rookies An Introduction to the Concept of Real Estate Investment Trusts (REITs) Shibly Latiff, CFA Summary Types of real estate investments Fundamentals of REITs Global REIT performance

More information

Overview of Construction Services & Industry in Indonesia

Overview of Construction Services & Industry in Indonesia by Dr. Sudarto Overview of Construction Services & Industry in Indonesia Chairman of Indonesian Contractors Association (ICA) President of International Federation of Asian and Western Pacific Contractors

More information

Funding Opportunities in Renewable Energy Projects in Sri Lanka

Funding Opportunities in Renewable Energy Projects in Sri Lanka Funding Opportunities in Renewable Energy Projects in Sri Lanka Contents Funding Opportunities in Renewable Energy Projects in Sri Lanka... 1 Objective... 3 1. Why Sri Lanka?... 3 1.1 Quality of Life...

More information

P E DAG O G I E S o f S I N G A P O R E M AT H M A T H. dr y e a p b a n h a r

P E DAG O G I E S o f S I N G A P O R E M AT H M A T H. dr y e a p b a n h a r P E DAG O G I E S o f S I N G A P O R E M AT H SINGAPORE M A T H dr y e a p b a n h a r dr y e a p b a n h a r c o n s u l t a n t, s h i n g l e e p u b l i s h e r s y e a p b a n h a r @ g m a i l.

More information

Recommendations for the Use of Fees and Taxes within Omgeo Central Trade Manager SM

Recommendations for the Use of Fees and Taxes within Omgeo Central Trade Manager SM Recommendations for the Use of Fees and Taxes within Omgeo Central Trade Manager SM Definitions The following definitions will be used throughout this document: Acronym/Term FTT MT541 MT543 SMPG Settlement

More information

Loan Information and Application Guide

Loan Information and Application Guide international os-help assistance application student central Locked Bag 1797, Penrith NSW 2751 Loan Information and Application Guide The Australian Government provides loans to assist eligible students

More information

Why Invest in International Now?

Why Invest in International Now? July 2015 As of the end of June 2015 over 62% of the weight of the world stock market capitalization consisted of non-u.s. companies. The largest companies in many industries are in fact internationally

More information

COPYRIGHTED MATERIAL. Index

COPYRIGHTED MATERIAL.  Index 3GBINDEX 03/25/2014 18:29:26 Page 563 Index Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), 28, 39, 47, 55, 99, 100, 107, 109, 115 116, 145, 149, 150, 151, 190, 191, 210,

More information

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund

Foreign Taxes Paid and Foreign Source Income INTECH Global Income Managed Volatility Fund Income INTECH Global Income Managed Volatility Fund Australia 0.0066 0.0375 Austria 0.0045 0.0014 Belgium 0.0461 0.0138 Bermuda 0.0000 0.0059 Canada 0.0919 0.0275 Cayman Islands 0.0000 0.0044 China 0.0000

More information

Reclassification Proposal for the MSCI Pakistan Index. February 2009

Reclassification Proposal for the MSCI Pakistan Index. February 2009 Consultation on the Market Reclassification Proposal for the MSCI Pakistan Index February 2009 Outline Introduction Proposal & Potential Implementation Timeline Appendix 2 Introduction 3 Objectives The

More information

INCLUSIVE GROWTH, FULL EMPLOYMENT, AND STRUCTURAL CHANGE. Implications and Policies for Developing Asia

INCLUSIVE GROWTH, FULL EMPLOYMENT, AND STRUCTURAL CHANGE. Implications and Policies for Developing Asia INCLUSIVE GROWTH, FULL EMPLOYMENT, AND STRUCTURAL CHANGE Implications and Policies for Developing Asia Jesus Felipe Asian Development Bank jfelipe@adb.org Objectives of the Book To provide policy content

More information

Asia. JigsawGeo. Free Printable Maps for Geography Education. Try our geography games for the ipod Touch or iphone.

Asia. JigsawGeo. Free Printable Maps for Geography Education. Try our geography games for the ipod Touch or iphone. Free Printable Maps for Geography Education Map with region names shown Map without names, for coloring or quizzes Map with coordinate system, for location practice Answer key for coordinate system quiz

More information

Progression of Investment / Export Opportunity

Progression of Investment / Export Opportunity Progression of Investment / Export Opportunity What Lies Beneath? Raman R Managing Director & CEO CEAT Kelani Holdings (Pvt) Ltd 1 Why invest in Sri Lanka? Strong Growth Ahead: Sri Lanka have good track

More information

International Training Course on Climate Change Adaptation

International Training Course on Climate Change Adaptation International Training Course on Climate Change Adaptation 19 28 AUGUST 2013 Jointly Sponsored by ROYAL THAI GOVERNMENT & THE COLOMBO PLAN Implementing Agency Chulalongkorn University I. BACKGROUND 1.1

More information

ACRAA and Harmonization under Asian Bond Market Initiative. By Mr. Kazuo Imai Chairman, Association of Credit Rating Agencies in Asia

ACRAA and Harmonization under Asian Bond Market Initiative. By Mr. Kazuo Imai Chairman, Association of Credit Rating Agencies in Asia ACRAA and Harmonization under Asian Bond Market Initiative By Mr. Kazuo Imai Chairman, Association of Credit Rating Agencies in Asia On the Occasion of 6 th Tokyo Roundtable on Capital Market Reform in

More information

Wealth Management Education Series. Explore the Field of Investment Funds

Wealth Management Education Series. Explore the Field of Investment Funds Wealth Management Education Series Explore the Field of Investment Funds Wealth Management Education Series Explore the Field of Investment Funds Managing your wealth well is like tending a beautiful formal

More information

The Role of Emerging and New Markets in the Shrimp Trade & Value Addition. Fatima Ferdouse INFOFISH

The Role of Emerging and New Markets in the Shrimp Trade & Value Addition. Fatima Ferdouse INFOFISH The Role of Emerging and New Markets in the Shrimp Trade & Value Addition Fatima Ferdouse INFOFISH Shrimp Trade : Domestic and International Shrimp is one of the most popular seafood traded and consumed

More information

Deutsche Bank Global Transaction Banking. Securities Services. Overview

Deutsche Bank Global Transaction Banking. Securities Services. Overview Deutsche Bank Global Transaction Banking Direct Securities Services Securities Services Overview Finding the right custodian with a long-term commitment to supporting its clients business is critical for

More information

GROWTH & INCOME INDEX 2013 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA

GROWTH & INCOME INDEX 2013 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA GROWTH & INCOME INDEX 2013 UNIT TRUST FUND INVESTOR BEHAVIOUR STUDY MALAYSIA November 2013 CONTENT Foreword By Eastspring Investments Executive Summary The Growth & Income Index Investors and Projected

More information

Explore the Field of Mutual Funds

Explore the Field of Mutual Funds Wealth Management Education Series How can we help you further? Do you have a question on what you have just read? Would you like to have a further discussion on this subject? Contact your Relationship

More information

Europe Central Europe Asia and Middle East Africa North America Central America South America Oceania. Europe. Products.

Europe Central Europe Asia and Middle East Africa North America Central America South America Oceania. Europe. Products. All prices are in Euro, excl. VAT Europe Central Europe Asia and Middle East Africa North America Central America South America Oceania d Europe Extra Compact report Identification Austria 60,87 2,48 Belgium

More information

Asian Economic and Financial Review INTERDEPENDENCE OF SOUTH ASIAN & DEVELOPED STOCK MARKETS AND THEIR IMPACT ON KSE (PAKISTAN) Safdar Hussain Tahir

Asian Economic and Financial Review INTERDEPENDENCE OF SOUTH ASIAN & DEVELOPED STOCK MARKETS AND THEIR IMPACT ON KSE (PAKISTAN) Safdar Hussain Tahir Asian Economic and Financial Review journal homepage: http://aessweb.com/journal-detail.php?id=5002 INTERDEPENDENCE OF SOUTH ASIAN & DEVELOPED STOCK MARKETS AND THEIR IMPACT ON KSE (PAKISTAN) Safdar Hussain

More information

Overview of Current Trade in TEXTILES & CLOTHING

Overview of Current Trade in TEXTILES & CLOTHING Overview of Current Trade in TEXTILES & CLOTHING Presentation at COA Meeting 21st November 2016 The Cotton Textiles Export Promotion Council OUTLINE World Trade in Textiles & Clothing US Imports of Textiles

More information

DEFINITIONS. In this document, the following expressions have the following meanings, unless the context requires otherwise:

DEFINITIONS. In this document, the following expressions have the following meanings, unless the context requires otherwise: In this document, the following expressions have the following meanings, unless the context requires otherwise: AMS the Stock Exchange s Automatic Order Matching and Execution System AMS/2 an upgraded

More information

Benchmarking International Operations of Australian TAFE Systems and Institutes

Benchmarking International Operations of Australian TAFE Systems and Institutes Benchmarking International Operations of Australian TAFE Systems and Institutes Mr Alan Olsen, Director, Strategy Policy and Research in Education Limited, Hong Kong Special Administrative Region of China

More information

3D Exhibits Inc. Supplier Diversity Policy

3D Exhibits Inc. Supplier Diversity Policy 3D Exhibits Inc. Supplier Diversity Policy Businesses owned by African Americans, Asian Americans, Hispanic Americans, Native Americans, Disabled Veterans, referred to as Historically Underutilized Businesses

More information

ICT Development Index (IDI)

ICT Development Index (IDI) ITU Regional Forum and Training Workshop on Telecommunication/ICT Indicators: Measuring the Information Society and ITU ASEAN Meeting on Establishing National ICT Statistics Portals and Measuring ASEAN

More information

We re fighting hunger, worldwide - Join us!

We re fighting hunger, worldwide - Join us! Why Walk the World? Since 2003, Walk the World has taken place across all 24 time zones of the globe, beginning in Australia and ending in Samoa, taking in more than 70 countries. This year, thousands

More information

Senate Committee: Education and Employment. QUESTION ON NOTICE Budget Estimates 2015-2016

Senate Committee: Education and Employment. QUESTION ON NOTICE Budget Estimates 2015-2016 Senate Committee: Education and Employment QUESTION ON NOTICE Budget Estimates 2015-2016 Outcome: Higher Education Research and International Department of Education and Training Question No. SQ15-000549

More information

Corporate Governance in Asian countries: Comparison, analysis, and recommendation Towards a unified Code of Best Practice

Corporate Governance in Asian countries: Comparison, analysis, and recommendation Towards a unified Code of Best Practice Corporate Governance in Asian countries: Comparison, analysis, and recommendation Towards a unified Code of Best Practice By Stephen Y.L. Cheung, Ph.D. Professor, Department of Economics and Finance City

More information

The Future Growth of Stocks and Investments in Thailand

The Future Growth of Stocks and Investments in Thailand 35 th Bangkok International Motor Show 2014 The Future Growth of Stocks and Investments in Thailand Mr. Charamporn Jotikasthira President The Stock Exchange of Thailand March 2014 I. SET: Overview The

More information

Sri Lanka s Power Generation Renewable Energy Prospective

Sri Lanka s Power Generation Renewable Energy Prospective CEYLON ELECTRICITY BOARD Sri Lanka s Power Generation Renewable Energy Prospective Eng. Noel Priyantha Chief Engineer (Renewable Energy) Transmission Division Ceylon Electricity Board Sri Lanka May 2016

More information

Goal 6: Combat HIV/AIDS, Malaria, and Other Diseases

Goal 6: Combat HIV/AIDS, Malaria, and Other Diseases 87 In most economies for which data are available, less than 1% of the population is reported as suffering from HIV, although this may be due mainly to poor detection methods in some economies. Malaria

More information

VIKRAM SARABHAI LIBRARY ISI EMERGING MARKET (ASIA) USER GUIDE

VIKRAM SARABHAI LIBRARY ISI EMERGING MARKET (ASIA) USER GUIDE VIKRAM SARABHAI LIBRARY ISI EMERGING MARKET (ASIA) USER GUIDE ISI Emerging Markets Home page ISI Emerging Markets offers critical information from various emerging markets across the globe. This user-guide

More information

Goal 6: Combat HIV/AIDS, Malaria, and Other Diseases

Goal 6: Combat HIV/AIDS, Malaria, and Other Diseases 113 The large majority of HIV sufferers live in just six countries. Adult HIV victims in the region are mainly men. In Lao People s Democratic Republic (Lao PDR), over 90% of those living with HIV have

More information

Loan Information and Application Guide

Loan Information and Application Guide Loan Information and Application Guide The Australian Government provides loans to assist eligible students to undertake accredited studies overseas. The scheme is known as the OS-HELP. Students may receive

More information

SUMMARY PROGRAM IMPACT ASSESSMENT

SUMMARY PROGRAM IMPACT ASSESSMENT Third Financial Sector Program, Subprogram 2 (RRP VIE 37577) SUMMARY PROGRAM IMPACT ASSESSMENT I. Introduction 1. This program impact analysis (PIA) documents the formulation of the Financial Sector Program

More information

Wealth Management Education Series. Cultivate an Understanding of Bonds

Wealth Management Education Series. Cultivate an Understanding of Bonds Wealth Management Education Series Cultivate an Understanding of Bonds Wealth Management Education Series Cultivate an Understanding of Bonds Managing your wealth well is like tending a beautiful formal

More information

CORPORATE GOVERNANCE IN ASIA

CORPORATE GOVERNANCE IN ASIA CORPORATE GOVERNANCE IN ASIA Stephen Y.L. Cheung* and Bob Y. Chan** This study examines the state of corporate governance in some countries in the Asia-Pacific region. Since the early 1990s, corporate

More information

NORTHERN TRUST GLOBAL TRADE CUT OFF DEADLINES

NORTHERN TRUST GLOBAL TRADE CUT OFF DEADLINES Argentina T+3 Only Govt Tsy Bills (Letes) have a settlement cycle of T+1, other fixed income securities have a T+3 settlement cycle. T+0 OTC Market (MAE) SD 1200 9amSD-2 9am SD T+3 T+0 SD 1500 9am SD 9am

More information

Manufacturing Supply Chain Collaboration with Retailers. Mr. Roger Lee TAL Group

Manufacturing Supply Chain Collaboration with Retailers. Mr. Roger Lee TAL Group Manufacturing Supply Chain Collaboration with Retailers Mr. Roger Lee TAL Group 1 The geography of apparel production for US in 2005 when quota system was phased out The change in geography of apparel

More information

Australia-ASEAN Business relations August Mark Thirlwell, Chief Economist

Australia-ASEAN Business relations August Mark Thirlwell, Chief Economist August 2016 Mark Thirlwell, Chief Economist WHY ASEAN AND WHY NOW? SIX DRIVERS AND SIX OPPORTUNITIES WHY ASEAN AND WHY NOW? A KEY RESOURCE PRODUCED BY AUSTRADE AND DFAT 3 WHY ASEAN AND WHY NOW? SIX REASONS

More information

Goal 2: Achieve Universal Primary Education

Goal 2: Achieve Universal Primary Education 92 Goal 2: Achieve Universal Primary Education In eight economies in the region including a number from the Pacific, total net enrollment ratios in primary education are below 80%. Eleven economies including

More information

Survey on Corporate Governance and Directors & Officers Liability of Listed Companies in Hong Kong. October 2004

Survey on Corporate Governance and Directors & Officers Liability of Listed Companies in Hong Kong. October 2004 Survey on Corporate Governance and Directors & Officers Liability of Listed Companies in Hong Kong October 2004 O t b 2004 Conducted by: Commissioned by: Executive Summary... 3 Survey Objectives... 6

More information

ThinkServer PC DDR3 1333MHz UDIMM and RDIMM PC DDR3 1066MHz RDIMM options for the next generation of ThinkServer systems TS200 and RS210

ThinkServer PC DDR3 1333MHz UDIMM and RDIMM PC DDR3 1066MHz RDIMM options for the next generation of ThinkServer systems TS200 and RS210 Announcement AG09-0790, dated vember 24, 2009 ThinkServer PC3-10600 DDR3 1333MHz UDIMM and RDIMM PC3-8500 DDR3 1066MHz RDIMM options for the next generation of ThinkServer systems TS200 and RS210 Table

More information

Goal 5: Improve Maternal Health

Goal 5: Improve Maternal Health 107 In the Asia and Pacific region, maternal mortality ranges from 1 per 100,000 live births in Hong Kong, China to 1,800 in Afghanistan. The People s Republic of China (PRC) has a rather low rate of 45

More information

E-GAP. The EU as a partner for financing new technologies for sustainable aviation

E-GAP. The EU as a partner for financing new technologies for sustainable aviation Session VI Facilitating Financing for Aviation Sustainable Environmental Initiatives The EU as a partner for financing new technologies for sustainable aviation Rasa ŠČEPONAVIČIŪTĖ International Carbon

More information

DOMINION GLOBALIZATION WORKSHOP

DOMINION GLOBALIZATION WORKSHOP DOMINION GLOBALIZATION WORKSHOP Financial Sector Dennis Encarnation Harvard University For more information, please contact me at www.encarnation.com SERVICES Financial Services & Capital Markets Topics:

More information

GROWTH & INCOME INDEX 2013 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG

GROWTH & INCOME INDEX 2013 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG GROWTH & INCOME INDEX 201 MUTUAL FUND INVESTOR BEHAVIOUR STUDY HONG KONG October 201 CONTENT FOREWORD Foreword By Eastspring Investments Executive Summary The Growth & Income Index Investor Current and

More information

Global energy demand is expected to grow by 25-40% to 2030, but with high uncertainty

Global energy demand is expected to grow by 25-40% to 2030, but with high uncertainty Global energy demand is expected to grow by 25-40% to 2030, but with high uncertainty Global primary energy demand 1000 TWh 215 +48 145 214 204 194 193 179 170 +51 94 1990 2012 GEA EI IEA CP BP IEA NP

More information

2013 WFE Market Highlights

2013 WFE Market Highlights 28 January 214 213 WFE Market Highlights For the second consecutive year, equity markets experienced a relatively good performance in 213. Indeed, the global market capitalization of WFE members increased

More information

DIGITAL, SOCIAL, AND MOBILE IN APAC 2015 WE ARE SOCIAL & IAB SINGAPORE S COMPENDIUM OF ASIA-PACIFIC DIGITAL STATISTICS.

DIGITAL, SOCIAL, AND MOBILE IN APAC 2015 WE ARE SOCIAL & IAB SINGAPORE S COMPENDIUM OF ASIA-PACIFIC DIGITAL STATISTICS. we are social DIGITAL, SOCIAL, AND MOBILE IN APAC 2015 WE ARE SOCIAL & IAB SINGAPORE S COMPENDIUM OF ASIA-PACIFIC DIGITAL STATISTICS SIMON KEMP WE ARE SOCIAL MARCH 2015 @wearesocialsg 1 @wearesocialsg

More information

Capability Presentation

Capability Presentation Capability Presentation Connaught Finance Investments Level 46, The Centre, 99 Queens Road Central, Hong Kong. Paul Errington CEO of Connaught Finance Hong Kong Over 20 years experience of providing finance.

More information

CAPITAL ATTRACTION: THE RISE OF AUSTRALIA AS AN INVESTMENT DESTINATION

CAPITAL ATTRACTION: THE RISE OF AUSTRALIA AS AN INVESTMENT DESTINATION CAPITAL ATTRACTION: THE RISE OF AUSTRALIA AS AN INVESTMENT DESTINATION 8 th September Stephen McNabb - Head of Research, Australia Prepared for: UNSW Real Estate Symposium 2015 TODAY S PRESENTATION Observations

More information

Economic Growth Rates

Economic Growth Rates 4 Economic Growth Rates Will the poor countries catch up with the rich? GDP and GNP growth rates in developing countries are on average higher than those in developed countries. Moreover, the difference

More information

ASEAN Capital Market Integration and Lessons from the European Union

ASEAN Capital Market Integration and Lessons from the European Union ASEAN Capital Market Integration and Lessons from the European Union 44 th IAFEI World Congress: Global Recovery Amidst Reforms Makati Shangri-la 16 October 2014 Thiam Hee Ng, Senior Economist Asian Development

More information

Compliance Herausforderung und Chance, auch in Asien-Pazifik

Compliance Herausforderung und Chance, auch in Asien-Pazifik Compliance Herausforderung und Chance, auch in Asien-Pazifik Frank Schmidt Vice President & Compliance Officer Asia-Pacific Siemens AG Tischgespräch Deutsche Hongkong Gesellschaft e.v. Frankfurt, 13. Oktober

More information

SRI LANKA SOCIO - ECONOMIC DATA 2014 CENTRAL BANK OF SRI LANKA

SRI LANKA SOCIO - ECONOMIC DATA 2014 CENTRAL BANK OF SRI LANKA SRI LANKA SOCIO - ECONOMIC DATA 2014 CENTRAL BANK OF SRI LANKA June 2014 SRI LANKA SOCIO-ECONOMIC DATA 2014 CENTRAL BANK OF SRI LANKA June 2014 Vol. XXXVII SRI LANKA SOCIO-ECONOMIC DATA 2014 VOL. XXXVII

More information

Sustainability Disclosure in ASEAN

Sustainability Disclosure in ASEAN Sustainability Disclosure in ASEAN The ASEAN Extractive Sector About this report Global Reporting Initiative (GRI) This report was commissioned by GRI as part of its partnership with the Australian Department

More information

Indonesia s Economic Prospects

Indonesia s Economic Prospects NATIONAL ECONOMIC COMMITTEE REPUBLIC OF INDONESIA Indonesia s Economic Prospects Chairul Tanjung Chairman - KEN Indonesia s Economic Prospects Masterplan Acceleration and Expansion of Indonesia Economic

More information

Training Course on INTEGRATED WATER RESOURCES MANAGEMENT AND CLIMATE CHANGE ADAPTATION 30 JULY 17 AUG Jointly Sponsored by

Training Course on INTEGRATED WATER RESOURCES MANAGEMENT AND CLIMATE CHANGE ADAPTATION 30 JULY 17 AUG Jointly Sponsored by Training Course on INTEGRATED WATER RESOURCES MANAGEMENT AND CLIMATE CHANGE ADAPTATION 30 JULY 17 AUG 2012 Jointly Sponsored by ROYAL THAI GOVERNMENT & THE COLOMBO PLAN Implementing Agency Mahidol University

More information

UnionPay, Your access to China & Asia. June 2015

UnionPay, Your access to China & Asia. June 2015 UnionPay, Your access to China & Asia June 2015 UnionPay Updates Chinese equivalent of VISA/Master/AMEX + EFTPOS Funded in 2002 in Shanghai, China Card usage on purchase from 4% to 47% Card issued from

More information

Wealth Management Education Series. Explore the Field of Mutual Funds

Wealth Management Education Series. Explore the Field of Mutual Funds Wealth Management Education Series Explore the Field of Mutual Funds Wealth Management Education Series Explore the Field of Mutual Funds Managing your wealth well is like tending a beautiful formal garden

More information

Submission to the Ministry of Business, Innovation and Employment, on the Issues Paper:

Submission to the Ministry of Business, Innovation and Employment, on the Issues Paper: Submission to the Ministry of Business, Innovation and Employment, on the Issues Paper: Review of the Financial Advisers Act 2008 and the Financial Service Providers (Registration and Disputes Resolution)

More information

The Determinants of Global Factoring By Leora Klapper

The Determinants of Global Factoring By Leora Klapper The Determinants of Global Factoring By Leora Klapper Factoring services can be traced historically to Roman times. Closer to our own era, factors arose in England as early as the thirteenth century, as

More information

Your Partner in International Trade, Investment & Structured Finance. Aon Trade Credit Asia

Your Partner in International Trade, Investment & Structured Finance. Aon Trade Credit Asia Your Partner in International Trade, Investment & Structured Finance The ever-changing financial and political landscape makes it impossible to predict the future. Our culture encourages us to aggressively

More information

Dow Jones Titans Indices Methodology

Dow Jones Titans Indices Methodology Dow Jones Titans Indices Methodology S&P Dow Jones Indices: Index Methodology May 2016 Table of Contents Introduction 3 Highlights and Index Family 3 Eligibility Criteria and Index Construction 5 Dow Jones

More information

Forecast: ASEAN GDP, Share in Global GDP and GDP/Capita. Source of Information

Forecast: ASEAN GDP, Share in Global GDP and GDP/Capita. Source of Information 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 billion US$ Forecast: ASEAN GDP, Share in Global GDP and GDP/Capita Source of Information This information

More information

Export Sector in Sri Lanka: Issues and Challenges

Export Sector in Sri Lanka: Issues and Challenges Export Sector in Sri Lanka: Issues and Challenges Saman Kelegama Institute of Policy Studies of Sri Lanka Presentation to the 18 th AGM of the National Chamber of Exporters of Sri Lanka, Colombo Hilton,

More information

ASEAN Economic Community

ASEAN Economic Community ASEAN Economic Community Implications for & *, Laos,, Agenda 1 3 & CLMV as a bloc Economic outlook by country ASEAN Economic Community 1 and CLMV 1P Data GDP size : USD 59 billion (nominal) USD 1.1 trillion

More information

Access the world. with Schwab Global Investing Services

Access the world. with Schwab Global Investing Services Access the world with Schwab Global Investing Services 78% of developed country equity market growth between 2000 and 2012 came from outside the U.S. 1 60% of developed country stock market capitalization

More information

The net present value is the sum of the present values, or $

The net present value is the sum of the present values, or $ Chapter 11 11-1 a. The real cost of capital = (1.1/1.025) -1 = 7.317%% b., c. The real cash flows are obtained by discounting the nominal flows at the rate of inflation. The present values are obtained

More information

Classifying South Korea as a Developed Market

Classifying South Korea as a Developed Market WHITE PAPER REPORT FTSE PUBLICATIONS Classifying South Korea as a Developed Market JANUARY 2013 Christopher Woods Managing Director, Governance & Policy, FTSE The success of FTSE s market indices is founded

More information

ASIAN. Geographic Trend Report for GMAT Examinees

ASIAN. Geographic Trend Report for GMAT Examinees 2011 ASIAN Geographic Trend Report for GMAT Examinees ASIAN Geographic Trend Report for GMAT Examinees The Asian Geographic Trend Report for GMAT Examinees identifies mobility trends among GMAT examinees

More information

FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey

FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey Japan External Trade Organization FY2015 Survey on the International Operations of Japanese Firms JETRO Overseas Business Survey March 3, 2016 Japan External Trade Organization (JETRO) Table of contents

More information

Carnegie Mellon University Office of International Education Admissions Statistics for Summer and Fall 2013

Carnegie Mellon University Office of International Education Admissions Statistics for Summer and Fall 2013 Carnegie Mellon University Admissions Statistics for and Fall 2013 New International Students and Fall 2012 Undergraduate 270 14.3% Master's 1301 68.7% Doctorate 192 10.1% Exchange 99 5.2% 31 1.6% Total

More information

For Diecast Machines For Injection Molding Machines For Press Machines Machine Tool Related Products 东 东 际 Ⅱ Overseas Affiliates and Sales Offices Distributors Europe U.S.A. Asia Mexico Brazil Australia

More information

Overview of RMB Internationalisation

Overview of RMB Internationalisation Overview of RMB Internationalisation Candy Ho Head of RMB Business Development, Asia Pacific Date: 8 May 2013 Why is RMB important? China overtook US as the largest goods trading nation in 2012 China:

More information

OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject.

OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject. Page 1 of 4 These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject. CLASSIFICATION AND GRADUATION OF DEVELOPING MEMBER COUNTRIES A. Introduction 1.

More information

IMF World Economic Outlook with a focus on India and Emerging Market Comparators

IMF World Economic Outlook with a focus on India and Emerging Market Comparators IMF World Economic Outlook with a focus on India and Emerging Market Comparators Thomas Richardson IMF Senior Resident Representative India/Nepal/Bhutan Meghnad Desai Academy of Economics October 9, 2015

More information

Guide to Treatment of Withholding Tax Rates

Guide to Treatment of Withholding Tax Rates Guide to Treatment of Withholding Tax Rates Contents 1. Introduction 1 1.1. Aims of the Guide 1 1.2. Withholding Tax Definition 1 1.3. Double Taxation Treaties 1 1.4. Information Sources 1 1.5. Guide Upkeep

More information

Annexure 1. 1. India s FTA/PTA and RMG Trade with FTA/PTA Partners

Annexure 1. 1. India s FTA/PTA and RMG Trade with FTA/PTA Partners Annexure 1 1. India s FTA/PTA and RMG Trade with FTA/PTA Partners The size of India s clothing industry is estimated to be US$ 62 bn. in 2012 as per FICCI and Textile committee estimates including exports

More information

Joseph E. Zveglich, Jr.

Joseph E. Zveglich, Jr. Joseph E. Zveglich, Jr. Assistant Chief Economist, Asian Development Bank 1 Overseas Development Institute London, 12 April 2012 Key messages Developing Asia to maintain growth momentum despite weak global

More information

Anthony Serhan, CFA Managing Director, Research Strategy

Anthony Serhan, CFA Managing Director, Research Strategy Anthony Serhan, CFA Managing Director, Research Strategy Morningstar Fund Flows Morningstar Fund Flows Analysis: Worldwide Funds 2014 a strong year for fund flows USD Billions 1,500 1,000 Unclassified

More information

FIDIC MEMBER ASSOCIATIONS IN THE ASIA-PACIFIC REGION (ASPAC)

FIDIC MEMBER ASSOCIATIONS IN THE ASIA-PACIFIC REGION (ASPAC) FIDIC MEMBER ASSOCIATIONS IN THE ASIA-PACIFIC REGION (ASPAC) Issue : 0001 NEWSLETTER March 2013 Introduction For every occasion there has to be a beginning and we are happy to set into motion a welcome

More information

Cement and clinker trade flows in Asia

Cement and clinker trade flows in Asia Cement and clinker trade flows in Asia Ad Ligthart Cement Distribution Consultants 19 June 2012 General overview Region includes Indian Ocean and Pacific Ocean islands (excl. Hawaii) Global cement and

More information

Wages Trends in Bangladesh ( )

Wages Trends in Bangladesh ( ) Wages Trends in Bangladesh (1995-2011) Bangladesh Nominal Average Monthly Wage Index 1900 1989 2141 2259 2390 2489 2637 2926 3111 3293 3906 3779 4227 5025 5460 Consumer Price Index (CPI Base = 2005) 62.2

More information

WORLD TRADE ORGANIZATION

WORLD TRADE ORGANIZATION WORLD TRADE ORGANIZATION Council for Trade in Goods G/C/W/420 30 September 2002 (02-5201) Original: English TECHNICAL ASSISTANCE TRADE FACILITATION Communication from Japan The following communication,

More information