There are good opportunities in Turkish stocks and we look forward to offering Asian Investors access to Borsa Istanbul with PhillipCapital Menkul Degerler
Singapore (PRWEB) May 15, 2013
PhillipCapital, one of the largest Asian financial firms with a global reach, brings Turkish market experts to Singapore at the Turkey-Singapore Investment Forum 2013 on 17 May, SGX Auditorium. The forum provides key insights into the current economic development, investment climate and capital markets of Turkey, offering a new and fast growing market to Singapore investors.
Turkey is a country offering significant opportunities for foreign investors with its geographically perfect position to function as a gateway between Europe, Middle East and Central Asia. Solid economic growth along with political stability has topped international investors’ confidence in Turkey, according to auditing and consultancy firm Ernst & Young’s (E&Y) recently released Turkey Attractiveness Survey 2013.
This forum provides a platform for the local and Turkish financial and business community to share and exchange knowledge and industry views on the current development of the capital market, particularly the Islamic financial markets in both countries. Singapore is a gateway for Turkish investors and financial institutions to expand their trade and investment opportunities in the ASEAN region. Conversely the Singaporean financial community, through this forum, can explore the opportunities in Turkey and use it as proxy to the Central Asian and Europe regions.
PhillipCapital established itself in the Turkish market through the acquisition of an Istanbul-based securities and futures brokerage in early 2012. PhillipCapital Menkul Degerler, our Turkish company, is a member of both the Istanbul Stock Exchange and the Turkish Derivatives Exchange.
With the aim of building a global network, PhillipCapital had set its footprints across major financial centres in Asia, Europe, Australia and North America. “Over the past 37 years, we have expanded not only our regional presence but also widened our products and services range and evolved into a global player. Our presence worldwide exposes us to global opportunities and enables us to tap into opportunities that further strengthen PhillipCapital’s core business”, said Mr. Loh Hoon Sun, Managing Director of Phillip Securities Pte Ltd, one of the member companies of PhillipCapital.
The Chairman of PhillipCapital Group Mr Lim Hua Min opens the event on 17 May, 1:30pm at the SGX Centre 1, Level 2 Auditorium. The guest speakers are: Dr Ibrahim Turhan, (Chairman and CEO of Borsa Istanbul), Mr. Cagatay Duruk (Director for Foreign Securities Market of Borsa Istanbul), Mr. Saruhan Dogan (Deputy Gen. Manager. Of Finansbank, one Turkey’s leading banks), Mr. Okan Boke (Bloomberg TV Commentator), and Mr. Tansu Sesli (Head of International Capital Markets of PhillipCapital Menkul Degerler).
The Turkey-Singapore Investment Forum is open to all investors, stock brokers and Singapore-listed companies who are interested to hear the latest updates on Turkey’s economy, business climate and investing into stocks listed on Borsa Istanbul. Its economic growth averaged more than 6% over the past 10 years, underpinned by a sound banking sector that was little affected by the 2008 financial crisis. The strength of the banking sector is reflected on Borsa Istanbul where it is the largest sector comprising 31.55% of Borsa’s market capitalization. “There are good opportunities in Turkish stocks and we look forward to offering Asian Investors access to Borsa Istanbul with PhillipCapital Menkul Degerler", said Kerem Korur, GM of PhillipCapital Turkey.