Asian Financial Crisis (AFC)

Over-expansion in private credit leads to financial crisis.

Productivity gains, driven by competition, is key.

Malaysians are fond of complaining about everything that is wrong in their lives.

There is short-term volatility in Asean, but long-term opportunities abound in the region for investors.

The exception is Singapore, where more than half of the FDI received was directed towards the financial and insurance sectors.

There is no question that Malaysia lost out on foreign capital funding — from both FDI and capital markets.

A quarter of a century since the AFC, the Malaysian stock market is still consistently underperforming.

Chinese equities, which have outperformed the US and European markets year-to-date, remain favoured by UBS Asset Management.

The Singapore residential property market is probably a lot more resilient during Cov-id-19 than it was either during the Asian Financial Crisis (AFC), SARS or the Global Financial Crisis (GFC). Despite the “circuit breaker” measu