In the current uncertain environment, the smaller emerging markets tend to hold the greatest risks. We've already seen the impact of oil in Indonesia. |
Investors are buying on expectations that earnings growth is going to be strong. Valuations are still reasonable. |
Tax cuts are always a good thing as they will help to improve competitiveness in the industries involved. I'm expecting supportive measures for the elderly and poor to have a bigger impact. |
The markets are responding to a positive development. The region is sensitive to what happens in the global markets, the U.S. economy in particular. |
Their guidance for returning to profit in the fourth- quarter will probably be due to seasonality factors. There's still a possibility of loss in the first quarter of 2006. |
We are quite positive on the Singapore market given that economic growth has been coming in above market expectations. Valuations are reasonable and earnings are continuing to come in. |
We didn't buy it before because there was always a risk in investing in Chinese companies. We will look at it and reassess the company again. We're not rushing to buy now. |