Investors looking at emerging markets should favour Latin America over Asia in the near-term – in spite of Brazil’s imposition of a tax on foreign stock purchases, says Simona Paravani, global investment strategist at HSBC Global Asset Management.
She points out that LatAm equities are trading at a more than a 40 per cent discount to emerging Asian equities, versus a five-year average discount of just 5 per cent, based on 12-month trailing price to earnings ratio.
Ms Paravani argues that the valuation case is further supported by a buoyant macroeconomic picture. HSBC’s central scenario is for Brazilian growth to be 5.3 per cent in 2010 – which will in part be driven by strong Asian demand for commodities.
Foreigners’ Participation in Thai Listed Companies explained
Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.
Global Gaming Expo Asia Overview
This event is a must for anyone involved in the Asian gaming industry: an overwhelming 95% of Asian casino and sportsbook operators attend G2E Asia to present their products
G2E Asia – an abbreviation for Global Gaming Expo Asia – is a renowned iGaming event and entertainment business hub where companies from all over the globe come to exhibit their latest products and innovations.
Covid-19 and food security: can emerging economies mitigate rising prices?
The Food Price Index, established by the UN’s Food and Agriculture Organisation (FAO) to track monthly changes in international food prices, rose for the eighth consecutive month in January, primarily as a result of Covid-19.
An increase in food prices following the coronavirus pandemic has intensified concerns related to global food security. For emerging markets, this has further underlined the importance of regional cooperation and innovative solutions to help overcome the challenges.
How Vietnamese goods entered into foreign distribution channels
Consumers around the world are interested in many Vietnamese agricultural products, such as mango, banana, lychee, longan, and dragon fruit....
First group of foreign tourists completes 14-day Golf Quarantine in Thailand
Thailand’s golf quarantine was created in line with the government’s strict COVID-19 prevention and control measures that required golfers to...
Thailand ranked 3rd in ASEAN on Economic Freedom Index
Thailand has a business freedom index of 85.3 out of 100. This is a big improvement over last year, which...
Finance Ministry Considers Additional Incentives to Increase NSF Members
Loading... BANGKOK (NNT) – The Finance Ministry is considering additional incentives to increase members in the National Savings Fund (NSF)...
Why Thai Firms Should Care About the Career Stage of China’s Officials
In Chinese bureaucracy, large-scale leadership turnover happens every five years, right on the heels of the Party’s National Congress: think...
ASEAN, China reaffirm commitment to strong partnership
The implementation of the new Plan of Action for the period 2021-2025, which is designed to further strengthen ASEAN-China cooperation...
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