SINGAPORE - Between 2018 and 2022, US$1.1 trillion of rated Asia-Pacific financial and non-financial corporate debt should mature - about 11% of the total maturing globally, according to ratings agency Standard and Poor’s.
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KUALA LUMPUR - Malaysia’s Q4 GDP growth moderated to 5.9% y/y from 6.2% y/y in the previous quarter, giving a full-year result of 5.9% growth, up from 4.2% in 2016. Underpinning the performance was continued strength in private consumption and investment as well as a pick-up in Government consumption.
HONGKONG - While the communiqués coming out of State visits to China by France’s President, Emmanuel Macron, and the UK Prime Minister, Theresa May, look similar, the reality is that the two leaders have left China with quite different sets of agreement.
SEOUL –BNY Mellon has opened a Foreign Exchange Trading Room in Seoul, providing liquidity for both domestic clients in Korea looking for exposure to major global currencies and to counterparties seeking to trade KRW across Asia-Pacific and globally.
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The Thailand Board of Investment will host seminars in Sydney (May 7-9) and Melbourne (May 9-11) detailing opportunities in Thailand for export of higher education services and transfer of higher technology, including SMART farming in the agriculture sector.
The Thai Government is fostering collaboration between Thai and foreign higher education institutions, which can now establish learning facilities along the Eastern Economic Corridor (EEC) and qualify for assistance under investment promotion laws.
HONG KONG is to host the First Belt and Road International Food Expo (BRIFE 2018) at AsiaWorldExpo from June 27- 29 to facilitate trade and provide an international platform for buyers, sellers and service providers of food industry to explore opportunities.
Five halls of separate specialised sectors will offer new opportunities and ideas in procurement, business matching and professional business solutions from 73 Belt and Road countries and regions.