ASEAN as a single asset class proposed

the new Chairman of the Securities Commission of Malaysia - Ranjit Ajit Singh - said he wanted to see the emergence of an internationalized single Association of South East Asian Nations (ASEAN) asset class which would be able to compete with other major regional or global asset classes. He further added that internationalization of the Malaysian capital market as well as of ASEAN as a single asset class is necessary. The capital markets of all the member countries will profit from better and wider access due to success of ASEAN as a single asset class on the global stage.

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