HomeDLSU Business & Economics Reviewvol. 27 no. 2 (2018)

Strategic Position of Bond Markets in ASEAN-5: Challenges and Directions for Development

Sorasart Sukcharoensin

 

Abstract:

Abstract: This study compares and analyzes the strategic position of bond markets in ASEAN-5 countries using the Strategic Position and Action Evaluation matrix approach as a diagnostic tool. The results reveal that the bond markets in Malaysia, Singapore, and Thailand are in an aggressive posture, whereas the bond market in the Philippines is in the conservative position and the Indonesian bond market is the one in a defensive posture. The current strategic position of each bond market, together with scores in each dimension, helps identify key prospects and challenges that could considerably affect strategic development of bond markets in the region.