2016 was a somewhat muted year for the world's capital
markets and this story was mirrored across ASEAN. Spread across two
client alerts we take a brief look at the capital markets of each
of the ASEAN members, how they fared in 2016 and the outlook for
2017. In this second alert we consider the markets in ASEAN's
more Southerly member nations.
Brunei
With Myanmar having launched its exchange in December 2015,
Brunei is now the only ASEAN nation that does not have a stock
exchange.
As reported in this round-up article last year, in May 2015
Brunei's financial regulator, the Autoriti Monetari Brunei
Darussalam (AMBD), announced that it was evaluating the possibility
of establishing a national bourse. There have been substantial
developments since then and preparations for the launch of the
exchange are ongoing. The AMBD is a member of the working group for
the establishment of the stock exchange. The working group consists
of three sub-working groups which cover