general election

Nervousness takes hold as election draws to a close; domestic demand continues to rise

SINGAPORE (May 20): The Tantallon India Fund closed down 1.89% in April weighed down by the rupee and another bout of risk-off as crude prices spiked on US President Donald Trump’s decision to further limit Iranian oil exports and the Druzhba pipeline debacle. On the ground, corporate earnings for the small- and mid-cap universe continue to surprise on the upside, well ahead of the more muted performance out of the large-cap index heavy-weights.


Singapore General Election in 2019 'always possible', Lee says

SINGAPORE (Nov 7): Singaporeans could go to the ballot boxes sooner than expected. A general election next year is "always possible".

Singapore Prime Minister Lee Hsien Loong told Bloomberg Editor-in-Chief John Micklethwait in an interview at the New Economy Forum in Singapore. Polls must be held by early 2021.

"There are many reasons to bring elections forward, or not, so we’ll see,” Lee said late Tuesday, when asked if celebrations to mark the 200th year of the city-state’s modern founding would be reason enough to advance it.

Singapore's next leader to be chosen in 'not-too-distant future'

SINGAPORE (Sept 21): Singapore’s well-publicised succession plan has been in place for several years and a decision on the next prime minister isn’t too far away, according to Singapore Education Minister Ong Ye Kung, one of several men seen as a leading candidate for the job.

In an interview with Bloomberg this week, we asked Ong about the selection of the ruling People’s Action Party’s next candidate for prime minister. Here’s what he said:

Malaysia's PM expected to call election on Friday, minister says

KUALA LUMPUR (Apr 4): Malaysian Prime Minister Najib Razak is expected to announce the dissolution of parliament on Friday, a government minister said, paving way for what is expected to be the toughest ever general election for his long-ruling coalition.

Najib is under pressure to secure a strong mandate as he grapples with a multi-billion dollar scandal at a state fund and public anger over rising living costs.

To do so, he must fend off an unprecedented challenge from his old mentor, former prime minister Mahathir Mohamad.

Malaysians put investments on hold as general election draws nearer

Mar 20): As the deadline for the Malaysian general election draws closer, don’t expect the local stock market to get more interest from investors who have been sitting on the sidelines.

Speculation about the timing of the election ramped up when the Star newspaper reported on March 15 that Prime Minister Najib Razak could dissolve parliament by end-March, paving the way for a poll that must be held within 60 days. The 14th general election must be held by August. The benchmark FTSE Bursa Malaysia KLCI Index has been trading range-bound since February.

Malaysia faces higher rates, currency risks and an election battle

KUALA LUMPUR (Jan 4): Malaysia faces higher interest rates, currency risks and a contentious election battle in 2018 that will test Prime Minister Najib Razak’s grip on power.

Malaysia has benefited from a global trade recovery and a pickup in domestic spending, with economic growth probably reaching 5.8% last year, according to the median estimate in a Bloomberg survey of economists. Growth is seen moderating to 5.3% in 2018.

Vinamilk to drive over 40% of F&N's FY18 earnings: Phillip Capital

SINGAPORE (Nov 13): Phillip Capital has upgraded its call on Fraser and Neave (F&N) from “neutral” to “accumulate” with a higher target price of $2.83 from $2.52 previously.

In a Monday report, analyst Soh Lin Sin observes that F&N has been gaining a stronger foothold in Vietnam via Vinamilk as a Vietnam Dairy Products joint stock company.

At the same time, she highlights how the Dairies segment continued to deliver strong growth over FY17, underpinned by a strong performance in Dairies Thailand as well as a significant increase in contributions from Vinamilk.

Kiwis get twitchy as foreigners flock to New Zealand and don't leave

WELLINGTON (April 27): An unprecedented influx of immigrants is exacerbating a housing shortage and stretching infrastructure such as schools and hospitals, sparking heated political debate around the issue ahead of this year's general election.

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