Thursday, January 12, 2012

ASEAN trading link

The Association of Southeast Asian Nations (ASEAN) is promoting more cross-border collaboration by promoting the ASEAN Exchanges, made up of seven stock exchanges from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam(2). I am particularly excited with the upcoming ASEAN trading link connecting the bourses and offering Filipino investors easier access to opportunities in our neighboring countries.

An excerpt from a press release from www.aseanexchanges.org says:

The CEOs also announced the awaited roll-out plan of the ASEAN Trading Link which will see the participation of member exchanges taking place progressively in stages. The first stage will see the connectivity of Singapore Exchange and Bursa Malaysia in June 2012 and the Stock Exchange of Thailand added in August 2012 after its new trading engine goes live. The participation dates of the other ASEAN Exchanges collaboration members, namely, Hanoi Stock Exchange, HoChiMinh Stock Exchange, Indonesia Stock Exchange and The Philippines Stock Exchange will be announced at a future date.

Over the years, I have seen firsthand the transformation of these countries into bustling economies and there is so much potential here for investors to grow their wealth. A good start would be to read up on the ASEAN Stars, the 210 stocks representing the 30 blue chips from each of the seven exchanges. More information can be found at www.aseanexchanges.org
Happy investing!


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