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DBS Treasures provides relevant and detailed analyses of key Asian markets. Our strong network and local knowledge keeps you up-to-date on what is happening in the equity, property and currency scene.

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The information herein is published by DBS Bank Ltd ("DBS"). It is based on information obtained from sources believed to be reliable, but DBS does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person. The information herein is published for information only and is not to be taken in substitution for the exercise of judgement by the person, who should obtain separate legal or financial advice. DBS, or any of its affiliates, related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if DBS or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. DBS and its associates, their directors, officers and/or employees may have positions or other interests in, and may effect transactions in securities mentioned herein and may also perform or seek to perform broking, investment banking and other banking or financial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.