5G to open new revenue opportunities for telco—Ericsson
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MARY GRACE DATILES
as top choices, with local currency bonds becoming increasingly attractive. “Investors are looking into more liquid markets — Hong Kong, Australia and, gradually, Asean. Intra
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to Asean,” the executive added.
Citi noted that intra-Asia trade corridors have the potential to pick up slack from China and US supply chains that may be threatened. “This region represents a much bigger opportunity as it is currently underpenetrated. Industries are well developed, but the long-term savings industry and asset management is not. So we’re seeing bigger allocations towards Asia from fund managers.” said Johanna Chua, head of
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a lot of traction growth. Growth story is there. However, we need more FDI. The
Due to the ongoing “Build, Build, Build” program of the government, infrastructure is considered as a major growth driver. In addition to this, services exports such as tourism, manufacturing with preferential tax treatments, and agricultural development and energy are seen to be growth drivers as well.
energy will potentially be huge growth driv-
head of Markets and Securities Services noted.
According to Citi, last year was a good year for everybody. Despite the many challenges eco-
growth projection this year is 6.9 percent. “There
- pines. It’s one of the only economies without any fuel subsidies and domestic demand story Martin Wiktorin