Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, Chief Economist at ICICI Securities, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. 
PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Chief Economist & Political Strategist

Felda (FGV MK):  Can a Privatization Help Tie up Loose Ends?

Eagle High Plantations - November Production Even Higher and Felda Steps In - Company Update

REAL-Economics.com

Equity Bottom-Up

<p>The 173% premium reportedly being offered by FELDA Global Ventures (FGV) for a 37% stake in Eagle High Plantations has many hallmarks of the opaque financial developments prior to the May 2013 General Election in Malaysia. Political risk related to the transaction is extremely high, and investors need to exercise great caution when looking at the implications of this transaction. </p><p>In 2013, 1MDB (1Malaysia Development Bhd.) raised about US$6bn through bond issues (carrying coupons of about 4%) for…</p>

The 173% premium reportedly being offered by FELDA Global Ventures (FGV) for a 37% stake in Eagle High Plantations has many hallmarks of the opaque financial developments prior to the May 2013 General Election in Malaysia. Political risk related to the transaction is extremely high, and investors need to exercise great caution when looking at the implications of this transaction. In 2013, 1MDB (1Malaysia Development Bhd.) raised about US$6bn through bond issues (carrying coupons of about 4%) for…

Eagle High-FELDA Has Political Risk Stamped All over It

FGV Holdings Bhd

Eagle High-FELDA Has Political Risk Stamped All over It