Koh Ching Hong Managing Director South Asia David Colwell ...
Koh Ching Hong Managing Director South Asia David Colwell ...
Koh Ching Hong Managing Director South Asia David Colwell ...
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Commercial Overview<br />
Growing economy Stable political environment<br />
Western style legal system and business<br />
environment<br />
Long term policy focus<br />
Regional trading hub with<br />
strong growth prospects<br />
Strong household and<br />
sovereign savings<br />
Significant investment in<br />
premium retail<br />
High population growth,<br />
high density living<br />
Source: IMF<br />
Benefits from <strong>Asia</strong>-Pacific economic development<br />
MNCs from Europe, India, US, China have set-up<br />
regional HQ. Continued influx of ex-pats<br />
Quick rebound from GFC<br />
Well capitalised and regulated banking segment<br />
Low sovereign risk (AAA rating on govt. debt)<br />
Continued expansion of premium retail sector<br />
GDP per capita CAGR of 6.8%<br />
Opening of two casinos has accelerated retail<br />
demand<br />
5.2m people expected to reach 6.0m by 2020<br />
Highest rate of home ownership in the world<br />
2005-2010 2010-2015<br />
GDP growth (CAGR) 12.2% 6.5%<br />
Population (CAGR) 3.3% 1.7%<br />
Unemployment rate
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