Category Archives: Views

Asia Frontier Capital (AFC) Newsletter – 2014 Annual Review

2014 was a strong year for the AFC Asia Frontier Fund (AAFF) as a young team came together to establish a platform for future growth. This was not only reflected in the fund’s performance, but also in our focus on making on-the-ground visits to countries, meeting more companies, talking to people in our markets, and… Continue Reading

Newsletter from Canrim Resources, a Singaporean company focused on mineral resources development in Mongolia

Reflecting on 2014, Mongolia has come far, yet still has further to go. Early in the year many structural issues loomed large. This included the moratorium on the issuance of exploration licenses, development of large scale power projects and the railroad gauge debate, all of which were recently successfully resolved. In light of these productive developments, and a… Continue Reading

ASIA FRONTIER CAPITAL – Country Snapshot – Iraq

Despite being plagued by armed conflict for most of the last decade, Iraq’s economy is rebounding and showing promising signs for surging growth in the future. Iraq is an enormously wealthy country, devastated by over 30 years of terrible conflicts and crippling sanctions, and almost torn apart by civil strife. Continue Reading

ASIA FRONTIER CAPITAL – Country Snapshot – Myanmar

Following recent democratization measures, including the release of hundreds of political prisoners, cease-fire agreements with ethnic rebels, and the incorporation of long-time human rights champion Aung San Suu Kyi into the political process, it is apparent that Myanmar is determined to become fully integrated into the international community. Continue Reading

EXCLUSIVE: Deutsche Boerse group economist optimistic about free-floating ruble’s long-term effects but says move unlikely to cure current Russian ailments

By Andrei Skvarsky. A senior economist in the Deutsche Boerse group argues that the Russian central bank’s decision to abandon the ruble’s trading corridor as from next year, letting the currency float freely, is a positive move long-term but unlikely to help the ailing Russian economy a great deal short-term. Continue Reading

Sberbank report compares Russia and Turkey

By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has released a research report comparing Russia and Turkey as similar markets and arguing that Turkey is doing somewhat better than Russia today but that the situation may reverse before long.cheaper penetration stories like X5 Retail Group in Russia, they say. Continue Reading

ASIA FRONTIER CAPITAL – Country Snapshot – Laos

Although one of the few remaining one-party communist states, the Laotian government’s attempts to decentralize control of the economy and encourage private enterprise starting in 1986 have resulted in an annual growth rate of 6% from 1988-2008. Laos’ economy has maintained consistently high GDP rates through 2012 due to strong growth among its main trading… Continue Reading

EXCLUSIVE: Ranjeet Sundher, president of Mongolia-focused minerals exploration company Canrim Resources Pte Ltd., talks in this interview with EmergingMarkets.me about doing business in the former communist country

Ranjeet Sundher is the president of Canrim Resources Pte Ltd., a private Singaporean minerals exploration company focused on resource development in Mongolia. Mr. Sundher has over 13 years of successful investment experience in Mongolia where he has created impressive shareholder returns. While his first Mongolian venture, started in 2001, generated a return of 20x, his… Continue Reading

THE IMPACT ON THE EBRD REGION OF RUSSIA’S FOOD BAN

Russia imposed a ban on food imports from the West, including 11 EBRD countries where the EBRD invests, in early August. The one-year import ban on fruits, vegetables, meat, fish, milk and dairy products from the EU, the US, Australia, Canada and Norway was part of its reaction to the West’s own sanctions imposed as… Continue Reading