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INDUSTRY UPDATES
ASEAN INDICES
March 11, 2010
Market
Indices
Change

IDX

2,676.52 6.30
KLC 1,321.43 -6.79
PSEi * 3,119.63 12.28
SGX
7.77 0.05
SET  725.95 5.11
Source : Relevant bourses
Note   : * as of
10 Mar 10

CURRENCY EXCHANGE
March 11, 2010
Currency US$
Euro
Singapore $ 

1.31 1.87
Thai Baht*
  32.83

44.75

Malaysia Ringgit   
  3.32 4.53
Indonesia Rupiah
  9,231.00 12,592.93
Philippines Peso
  45.66

62.36

Source:Relevant central banks
Note   : *
as of 10 Mar 10
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ASEAN NEWS UPDATES                 Updated: 14 March 2010

• Let Obama be a PR man for Indonesia, said local university rector
Indonesian university rector suggested US President Barack Obama’s planned visit to his country this month should be used to promote the Southeast Asian nation, state news agency Antara reported.

Singapore: Opening of Resorts World keep hotels in Sentosa busy
Hotels in Sentosa are riding on the latest wave to hit the island - the opening of Resorts World Sentosa (RWS), reported Channel News Asia.

Malaysian firms to benefit from Rolls Royce plant in Singapore
Malaysian companies should gain from the presence of the Rolls Royce engine factory in Singapore by supplying components to the factory which is due to start operations in two years, reported Malaysia’s national news agency Bernama.

Thai finance minister woos Japanese investors as red-shirts issue ultimatum
Leaders of tens of thousands of protesters who swarmed into Bangkok from Thailand's rural areas Sunday threatened mass street demonstrations if the government didn't respond to their demand for a dissolution of Parliament within 24 hours, reported local and wire news agencies.

Italian firm takes 20% stake in Vietnam’s steel mill
Italy’s Danieli Group, one of the world’s three largest metals industry suppliers, last week inked an agreement to take part in Vietnam’s first hot strip steel mill, reported VNBusinessNews.com.


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