SINGAPORE: Malayan Banking Bhd is fully prepared to facilitate substantial deals coming in from China into Asean as the ongoing One Belt One Road (OBOR) initiative gears up to the next level. “We can a play a part in a lot of these Chinese investments given our connectivity as a regional bank. We have already captured Asean, and we would do well in facilitating China investors in achieving the same goal.”Chong stressed that Asean, given its young demographic, huge population and varying degrees of economic growth, is very attractive to all investors and not just China. Asean provides good opportunity and economic environment as it provides different stages of development,” he said at a press conferenec during Invest Asean here today. Already in its fifth year, Invest Asean Singapore saw the attendance of over 900 delegates and 57 corporates from Thailand, Malaysia, the Philippines, Indonesia, Singapore, Vietnam, India and Hong Kong with a collective 132 funds totalling at US$16.3 trillion in asset under management.

Source: New Strait Times March 27, 2018 08:37 UTC