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Showing posts from April, 2012

Myanmar Sanctions Lifting a Boon and Test for China Firms

The lifting of decades of broad Western sanctions on Myanmar will prove to be both a boon and a test for China, for years the former Burma’s top investor and trading partner, bringing both risk and opportunity for long-established Chinese firms.

A Failure in China Policy

China must address its lack of globally competitive companies to meet the next challenge to its development   Read more...

Drama and violence in battle over a China firm

It may be a tiny Chinese educational company worth a little more than US$200 million, but the ChinaCast Education Corp has found itself embroiled in a battle worthy of a John Grisham novel. Its ousted chief executive Ron Chan has been accused of aiding in the disappearance of ChinaCast’s chops - ornate corporate seals that are needed to approve everything from paychecks to contracts.

Jakarta mulling export tax on thermal coal

Proposal not ruled out as reported earlier, clarifies trade ministry

Bar raised for investors in search of PR status

Company turnover must be at least $200m in property sector, $50m in others

Lawyers clash over the root of SGX’s powers

Is it a public body issuing reprimands or a private club?

SGX rap not open to judicial review: counsel

A former China Sky director has chosen the wrong process in bringing his case against the Singapore Exchange (SGX) to court, the lawyer representing SGX argued yesterday.

How even the savviest get conned

Slick operators abound, building trust with their smooth ways. An Indonesian businessman tells TEH HOOI LING how he and his son were taken for a ride here

Investors shun China IPOs as disputes erode valuations

Profit warnings, auditor disputes and delistings involving Chinese companies trading on foreign exchanges are fuelling investor distrust, wiping out valuations and poisoning the market for new listings.

Hong Kong moves closer to bank liability for IPOs

Hong Kong’s financial market watchdog is launching a public consultation process in the next couple of weeks that seeks to toughen rules for banks sponsoring initial public offerings, including holding them liable for faulty deal documents.

Bankers could be jailed over dodgy listings

Proposals being drawn up by Securities and Futures Commission, after cases of misleading prospectuses, would mean company sponsors becoming liable

Many prefer brokers to online trading

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They stick to traditional way despite higher commissions

6 Chinese private equity funds eye undervalued stocks

They are on lookout for S-chips and firms with ethnic Chinese management

MAS seeks court order to freeze former China Sky CEO’s funds

High Court’s interim order prohibits him from sending any money out of Singapore

Indonesia Eyes 25% Mining Export Tax in 2012

Indonesia plans to impose a 25 percent export tax on coal and base metals this year, jumping to 50 percent in 2013, an industry ministry official said on Tuesday, as the major producer of raw materials looks to boost domestic investment and take a bigger slice of mining profits.

China doomsayer sees crash coming

China’s consumption boom is drawing to a close, according to one economist’s contrarian view, which calls for no growth — or even a contraction — in the Chinese economy and the advent of an era of deflation and weaker spending.

Yoma and Interra gain from Myanmar fever

Both see share prices soar due to exposure to country but some analysts cautious

Valuations of Chinese Stocks ‘Below Lehman Levels’: DBS Strategist

Chinese stocks are the cheapest that they have been since the last financial crisis and investors should be positioning for a rebound, which a senior strategist says will happen in the second half of the year.

Role of CFOS

Investor relations (IR) has traditionally been a role outside the perimeter of responsibilities of the chief financial officer (CFO). But this appears to have changed, with the CFO doubling up as an IR officer in many cases.

MCL Land sells 270 Ripple Bay condos

Jury out on whether softening secondary market prices are spreading to new launches

Pitfalls remain as Myanmar steps into sun

Govt signals economic reform but illegal foreign currency market, poor infrastructure are barriers

Directorships and SGX’s dual roles

How independent are independent directors and should the exchange drop its regulatory role?