Economic Research Institute for ASEAN and East Asia

Indonesia

Economic Research Institute for ASEAN and East Asia

Indonesia

Time filter

Source Type

NEWPORT BEACH, CA--(Marketwired - June 13, 2017) - In the news release, "Vemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia" issued earlier today by Vemanti Group, Inc., please be advised that the company ticker in the first sentence of the first paragraph should be removed. Complete corrected text follows. Vemanti Group Enters Agreement With Plutos Capital Group To Expand Investments Into Vietnam & Southeast Asia Vemanti Group, Inc., "Company", a diversified holding company, today announced that it has entered into an agreement with investment bank Plutos Capital Group, "PCG", to bring institutional offerings and investments to and from Vietnam and Southeast Asia. The new agreement will leverage PCG's institutional investment resources and management experience to strengthen the Company's reach into Vietnam and Southeast Asia where opportunities abound. This will include a variety of financing options, acquisitions, divestitures, or recapitalizations for companies looking to structure and finance their strategic growth plans in the United States. "We are thrilled about this new relationship and the opportunity to create additional value for our clients from the fast-growing economies of Vietnam and Southeast Asia. We believe overall conditions for the region are very positive. With Vemanti's knowledge and experience, we trust our clients will be pleased as we make their offering(s) available to the region's entrepreneurs and investors," stated Kari Laitinen, PCG's Managing Director. Tan Tran, CEO of Vemanti, commented, "Having such agreement in place with PCG provides us with immediate access to first-class investment banking expertise and financial resources. This partnership resonates deeply in our strategy of being an investment conduit between the US and the fourth largest market in the world. PCG's capacity and track record will definitely be an advantage as we navigate through the fundamental drivers and outlook among these booming economies to capture the right investment opportunities." The 2017 edition of "Economic Outlook for Southeast Asia, China and India", a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia, prepared by the Asia Desk of OECD Development Centre, in co-operation with United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and Economic Research Institute for ASEAN and East Asia (ERIA) states that real GDP growth is expected to remain robust at an average of 6.2% over 2017-21. The Philippines and Vietnam are the 2 countries that are expected to grow the most among the ASEAN-5 (Indonesia, Malaysia, the Philippines, Thailand and Viet Nam) countries at an average rate of 6.1% and 6.2% per year respectively to 2021. Vemanti Group, Inc. is a diversified holding company that's looking to be active in high-growth and technology-driven emerging markets. The Company plans to grow by adding value-added and fundamentally-sound businesses to its portfolio and by focusing on opportunities in the emerging markets of Vietnam and Southeast Asia where the economic force is projected to be a strong driver of global growth for years to come. PCG, a subsidiary of Plutos Sama, LLC, is a full-service investment bank focused on the needs of middle-market businesses with revenues of $10 million to $500 million USD. PCG is also an Office of Supervisory Jurisdiction of Global Emerging Capital Group, a New York Stock Exchange Member firm, located at 44 Wall Street, 12th Floor, New York, NY 10005. PCG advises corporations in structuring and financing their strategic growth plans. This includes a variety of financing options, acquisitions, divestitures, and recapitalizations. PCG's senior investment bankers bring extensive industry and cross-border expertise, strong relationships with institutional investors and significant transactional experience to each engagement. Team members have been actively involved in numerous corporate financings and M&A transactions across an array of key industry sectors. This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.


NEWPORT BEACH, CA--(Marketwired - June 13, 2017) - Vemanti Group, Inc. ( : VMNT), "Company", a diversified holding company, today announced that it has entered into an agreement with investment bank Plutos Capital Group, "PCG", to bring institutional offerings and investments to and from Vietnam and Southeast Asia. The new agreement will leverage PCG's institutional investment resources and management experience to strengthen the Company's reach into Vietnam and Southeast Asia where opportunities abound. This will include a variety of financing options, acquisitions, divestitures, or recapitalizations for companies looking to structure and finance their strategic growth plans in the United States. "We are thrilled about this new relationship and the opportunity to create additional value for our clients from the fast-growing economies of Vietnam and Southeast Asia. We believe overall conditions for the region are very positive. With Vemanti's knowledge and experience, we trust our clients will be pleased as we make their offering(s) available to the region's entrepreneurs and investors," stated Kari Laitinen, PCG's Managing Director. Tan Tran, CEO of Vemanti, commented, "Having such agreement in place with PCG provides us with immediate access to first-class investment banking expertise and financial resources. This partnership resonates deeply in our strategy of being an investment conduit between the US and the fourth largest market in the world. PCG's capacity and track record will definitely be an advantage as we navigate through the fundamental drivers and outlook among these booming economies to capture the right investment opportunities." The 2017 edition of "Economic Outlook for Southeast Asia, China and India", a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia, prepared by the Asia Desk of OECD Development Centre, in co-operation with United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and Economic Research Institute for ASEAN and East Asia (ERIA) states that real GDP growth is expected to remain robust at an average of 6.2% over 2017-21. The Philippines and Vietnam are the 2 countries that are expected to grow the most among the ASEAN-5 (Indonesia, Malaysia, the Philippines, Thailand and Viet Nam) countries at an average rate of 6.1% and 6.2% per year respectively to 2021. Vemanti Group, Inc. is a diversified holding company that's looking to be active in high-growth and technology-driven emerging markets. The Company plans to grow by adding value-added and fundamentally-sound businesses to its portfolio and by focusing on opportunities in the emerging markets of Vietnam and Southeast Asia where the economic force is projected to be a strong driver of global growth for years to come. PCG, a subsidiary of Plutos Sama, LLC, is a full-service investment bank focused on the needs of middle-market businesses with revenues of $10 million to $500 million USD. PCG is also an Office of Supervisory Jurisdiction of Global Emerging Capital Group, a New York Stock Exchange Member firm, located at 44 Wall Street, 12th Floor, New York, NY 10005. PCG advises corporations in structuring and financing their strategic growth plans. This includes a variety of financing options, acquisitions, divestitures, and recapitalizations. PCG's senior investment bankers bring extensive industry and cross-border expertise, strong relationships with institutional investors and significant transactional experience to each engagement. Team members have been actively involved in numerous corporate financings and M&A transactions across an array of key industry sectors. This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Forward-looking statements are projections of events, revenues, income, future economics, research, development, reformulation, product performance or management's plans and objectives for future operations. Some or all of the events or results anticipated by these forward-looking statements may not occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control.


Sheng Y.,Australian National University | Sheng Y.,Nankai University | Shi X.,Economic Research Institute for ASEAN and East Asia | Zhang D.,Peking University
Energy Strategy Reviews | Year: 2013

This paper uses a general method of moment regression technique to estimate an energy demand function with a dataset covering 71 countries between 1965 and 2010. The estimated results show that countries undergoing rapid economic growth may show relatively higher income and price elasticities in the long run. The higher income elasticities and lower price elasticity in the short run of rapid growing countries may impose pressure on energy demand in the domestic and international markets. Energy market integration can help to reduce such pressure by smoothing energy demand through lowering its income elasticity and creating a flexible energy market through increasing its price elasticity. These findings have important implications for forecasting energy demand and promoting international cooperation in East Asia. © 2012 Elsevier Ltd.


Chang Y.,Nanyang Technological University | Fang Z.,Nanyang Technological University | Fang Z.,SIM University | Li Y.,Economic Research Institute for ASEAN and East Asia
Energy Policy | Year: 2016

Many countries have implemented various policies for renewable energy development ranging from setting power purchase agreements and the legislation of renewable energy requirements to providing incentives and imposing carbon taxes. The evaluation of the effectiveness of such policies, however, is fragmented, which raises a need for a comprehensive analysis. This paper aims to assess whether and how policies promoting renewable energy investment have achieved the intended goals. It employs five broadly defined criteria - market, uncertainty, profitability, technology, and financial resources - to build an index to assess respectively if such policies have helped create a market for renewable energy, maximize potential profits, reduce risks relating to the investment, develop and adopt new technologies, and improve the access to financial resources. Each criterion is reflected by three indicators. Values of each indicator are converted into ordinal values for analysis. The index not only scans comprehensively all relevant renewable energy investment policies in the East Asia Summit countries, but also provides systematic and quantitative measures to compare the effectiveness of policies in these countries with respect to the creation of market, the degree of uncertainty, the potential of profitability, the development and adoption of technology and the accessibility of financial resources. © 2016 Elsevier Ltd


Li Y.,Economic Research Institute for ASEAN and East Asia | Chang Y.,Nanyang Technological University
Energy Economics | Year: 2015

This study establishes a systemic approach in assessing the feasibility of power infrastructure investment for GMS and APG in the ASEAN + 2 (ASEAN plus China and India) region. It aims to identify the financial and finance-related institutional barriers of implementing such a regional power interconnection. A whole-system simulation model is built to assess the financial viability as well as commercial viability, which imply bankability for financiers and profitability for investors respectively, of new transmission projects under the optimized pattern of power trade. It also determines the optimized planning of new transmission capacities. According to our results, the existing development plan of power transmission infrastructure in the region, so called APG +, appears to stand as a financially and commercially viable plan. However, there is room for improvement in the planning in terms of timing, routes and capacity of the cross-border transmission lines and the GMS-related projects should be prioritized. © 2015 Elsevier B.V.


Chang Y.,Nanyang Technological University | Li Y.,Economic Research Institute for ASEAN and East Asia
Energy Policy | Year: 2015

Energy market integration (EMI) in the ASEAN region is a promising solution to relieve the current immobilization of its renewable energy resources and would serve the fast increasing demand for electricity in the region. EMI could be further extended with coordinated policies in carbon pricing, renewable energy portfolio standards (RPS), and feed-in-tariffs (FIT) in the ASEAN countries. Using a linear dynamic programming model, this study quantitatively assesses the impacts of EMI and the above-mentioned policies on the development of renewable energy in the power generation sector of the region, and the carbon emissions reduction achievable with these policies. According to our results, EMI is expected to significantly promote the adoption of renewable energy. Along with EMI, FIT appears to be more cost-effective than RPS and is recommended for the ASEAN region, albeit political barriers for policy coordination among the countries might be a practical concern. In addition, an RPS of 30% electricity from renewable sources by 2030, which is considered politically a "low-hanging fruit", would achieve moderate improvements in carbon emissions reductions and renewable energy development, while incurring negligible increases in the total cost of electricity. © 2015 Elsevier Ltd.


Shi X.,Economic Research Institute for ASEAN and East Asia
Environment and Development Economics | Year: 2011

This paper argues that the use of coal can be reconciled with the environment. In the empirical work, three environmental pollutants are considered, using two alternative methods with two sets of Chinese data. CO 2 emissions could not be studied because of data limitations. The hypothesis that the use of coal can be reconciled with the environment through declined emission intensity is confirmed by the empirical tests. The decreases in emission intensity are driven by the application of clean coal technologies, which can be encouraged by appropriate regulations and incentives and have both environmental and economic benefits. Therefore it is critical that appropriate legal and fiscal regimes be formulated and that the development and utilization of high-efficiency and clean coal technologies be promoted. The paper also suggests that the use of coal could continue to be reconciled with concern for the environment, even while considering CO 2 emissions. © Cambridge University Press 2011.


Sheng Y.,Australian National University | Shi X.,Economic Research Institute for ASEAN and East Asia
Applied Energy | Year: 2013

Energy Market Integration (EMI) has been a goal for many regions, including the European Union and East Asia, for quite a long time. How it could play a role in facilitating equitable economic growth among a group of countries remains an empirical question that this paper will attempt to answer. The paper uses economic convergence analysis (including both the σ-convergence and β-convergence approaches) to examine the impact of EMI - measured by two newly constructed indexes (namely, the energy trade index and the energy market competition index) - at the country level on dynamic economic growth paths across countries. Its special interest lies in informing policy making related to promoting EMI. The results show that countries involved in a more integrated energy market are more likely to reduce their income disparity, suggesting that EMI may help the region to achieve equitable growth through the accelerated economic development of lagged economies. © 2012 Elsevier Ltd.

Loading Economic Research Institute for ASEAN and East Asia collaborators
Loading Economic Research Institute for ASEAN and East Asia collaborators