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Asia Today ISSN 1861-4604 Friday, August 17, 2018

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Investments are risky in INDONESIA and VIETNAM

South China Sea dispute

Share on Facebook August 23, 2014, Reporter : BigNewsNet/hispanicbusiness, Reader : 586

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Jakarta: The Emerging Markets Group of Alliant Insurance Services, Indonesia s investment climate in the oil and gas sector weakened due to restrictions on foreign direct investments and opportunities in Vietnam remain hampered by the South China Sea dispute. The rankings said that investors in Egypt are at risk of confusing gradual political risk improvements for newfound, long term stability.

Alliant said that Indonesia s risk climate weakened over the past year, down to 62%. Michel Leonard, Chief Economist, Alliant said, the downgrade is largely due to the newly imposed restrictions on foreign investments, first in the mining sector, and now the oil and gas sector. We expect this trend to continue regardless of the upcoming presidential elections. 

Vietnam followed India and saw a drop of 19% due to military tensions in the South China Sea. 

Chinese authorities decision to move an oil rig into Vietnam s exclusive economic zone is the most notable between China and other countries in the South China Sea. 

Egypt received an upgrade of 5%. Investors should be cautious to overestimate these improvements. Egyptemerged from a long run of political instability and a recent regime change to show positive movement in the risk models. 

Thailand and Malaysia were in negative territories compared with last year whilst Yemen saw no change.Ecuador, Equatorial Guinea and Algeria saw the greatest improvement in the risk rankings while Libya,Republic of Congo, Gabon, Angola and Kazakhstan all saw modest improvements.

For investors whose capital is caught up in various emerging markets, this last year has been particularly difficult. In large part due to the Federal Reserve’s impending tapering, many emerging market (EM) equity andbond funds have been in turmoil. Political crises, from disruptive protests in Thailand to the ongoing instability in Ukraine and Russia, have racked investor confidence in economies with previously bright outlooks. A multitude of developing country “goats” have seen their current account positions deteriorate, reports globalriskinsights.com

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