Kevin Snowball, CEO of PXP Vietnam Asset Management thinks the Vietnam market is cheap. He says the bad loans issue in Vietnam is manageable and concentrated in certain areas.» Read More
BANGKOK, Oct 5- Most Southeast Asian stock markets gained on Friday, with Indonesia hitting an all-time closing high for a second day and Singapore ending at a two-month high, led by commodities-related stocks such as Golden Agri-Resources. Palm oil companies were among actively traded, with Singapore's Golden Agri-Resources Ltd.
FINANCIAL NEWS: THOI BAO KINH TE VIETNAM. -The Finance Ministry said it has requested the Vietnam Expressway Corp to pay the bond yield to one of its holders after having delayed the payment for a month.
BANGKOK, Oct 4- Most Southeast Asian stock markets gained on Thursday, with the Philippine main index posting its second straight record closing high in strong volumes as optimism about domestic growth boosted consumer-related stocks such as SM Investments Corp.
THOI BAO KINH TE VIETNAM. ECONOMIC AND GENERAL NEWS: VIETNAM NEWS.
BANGKOK, Oct 4- Following is some company-related and market news that could have an impact on the local market. SE ASIA STOCKS-Most retreat; energy-related shares weak. Thailand's second-biggest liquefied petroleum gas company has bought LPG businesses in Malaysia and Vietnam, it said in a statement.
*Jimmy Savile, household name in UK, knighted by queen. *But child abuse claims have shattered his public image By Michael Holden.
*To transfer sales staff from South Europe to South America. AARHUS, Denmark, Oct 3- Ailing Danish wind turbine manufacturer Vestas said on Wednesday it is stopping all non-profitable projects as it battles worsening prospects by slashing costs and jobs to lift medium-term operating margins to high single digit levels.
BANGKOK, Oct 3- Stocks in Singapore, Malaysia and Indonesia edged slightly lower in light to moderate volume on Wednesday as commodities and energy shares such as Golden Agri-Resources. Singapore- listed commodities firm Golden Agri-Resources fell 3.1 percent, dragging down the benchmark Straits Times Index. After a choppy session, Bangkok's SET index.
Oct 3- As inflation has been under control, central banks across Southeast Asia are likely to continue supporting economic growth in the face of increased global risks from the euro debt crisis and signs of slowing in the United States and China. Asia inflation graphic: Asia inflation stories Asian central banks.
"Shares rebounded technically after supply had dried up recently and the indexes had remained in over-sold territory over the past three months," said Vu Duy Khanh, head analyst at Navibank Securities.
-Vietnam will receive $10- 11 billion of overseas remittances this year, a 20 percent rise from a year earlier, versus an average 10-15 percent increase in recent years, the State Commission of Overseas Vietnamese said.
GLOBAL MARKETS-US stocks flat, euro up as Spain bailout in focus. >Wall St slips on Spain, earnings worries. >Euro hampered by Spain; AUD bruised by rate cut.
MANILA, Oct 3- The Asian Development Bank released its revised 2012 outlook for 45 economies in developing Asia, which spans the Pacific to Central Asia. Central Asia: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan. South Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka.
Oct 2- Nearly two years after a factory fire at one of its suppliers in Bangladesh killed 29 people and injured more than 100 others, Gap Inc has promised to implement new safety standards starting next month.
BANGKOK-- The Thai Cabinet has extended a rice-buying scheme that has been plagued by complaints of corruption and threatens the country's long-time reign as the world's top rice exporter. But critics said it had caused a plunge in Thailand's rice exports due to the high price guarantee at home.
BANGKOK, Oct 2- Most Southeast Asian stock markets closed higher on Tuesday, with the Thai main index touching its highest in more than 16 years and most others hitting multi-week highs amid selective buying in regional blue chips. Indonesia's Astra International Tbk PT. and Malaysia's Axiata Group Bhd.
Singapore shares rose after a surprising expansion in factory activity in the United States, with traders buying small and mid-cap stocks such as Tiger Airways Holdings Ltd and firms with exposure to Myanmar. The Straits Times Index was up 0.5 percent at 3,072.96 points, while the MSCI index of Asia-Pacific shares outside Japan added 0.3 percent.
UOB Kay Hian raised its target price on Super Group Ltd. 11:38 STOCKS NEWS SINGAPORE- Singapore Q3 home prices rise on mass-market growth. Singapore's private home prices in the third quarter rose 0.5 percent from the previous quarter, data from the Urban Redevelopment Authority showed, making it the highest rate of increase so far this year.
Property developers listed in Singapore have surged nearly 35 percent so far this year, compared to the benchmark Straits Times Index's 15.9 percent gain. The rate of increase is likely to continue into the fourth quarter and next year, helped by a prolonged low interest rate environment and low unemployment rate in Singapore, Knight Frank said.
Shares of Tiger Airways Holdings Ltd rose more than 3 percent after the budget carrier signed a partnership agreement with the low-cost unit of Singapore Airlines Ltd. "We view the news positively as this will increase traffic flow to Tiger Airways," said DMG& Partners Securities, which has a' neutral' rating and S $0.76 target price on the stock.