Fund Looking Towards Southeast Asia for Profits

The FengHe Asia Fund, led by Matt Hu, thoroughly beat its peers last year by shorting China-related stocks and putting its assets in Vietnam and the Philippines. Deng Jiewen is part of the five-member team that manages FengHe, said that the economies of Southeast Asia are doing a better job of running their economies than …

Import Duties Eliminated for ASEAN

In an attempt to draw investment back to Southeast Asia, the six major Association of Southeast Asian Nations (ASEAN), including Thailand, Indonesia, Malaysia, Singapore, the Philippines and Brunei, have recently agreed to eliminate import duties on goods of all sorts. Such goods include cars, consumer electronics and more. This agreement comes three years earlier than …