Underdog Investors

Buckle Up! This Week’s Global Market Events You Can’t Afford to Miss Introduction:  Hey Global Investors! Ready for a wild ride? This coming week is packed with enough economic fireworks to keep you on the edge of your seat. From royal crowns to GDP showdowns and central bank drama, here’s what you absolutely need to watch! What’s Coming Up?   Malaysia’s Big Week:  It's not every day a king gets crowned! Sultan Ibrahim will take the throne in a lavish ceremony, marking a historic day for Malaysia. But before the royal festivities, keep your eyes peeled for Malaysia's GDP numbers dropping on Friday. Experts are betting on a pretty picture, with predictions of a 4.6% bump. Time to see if Malaysia’s economy is as strong as its cultural heritage! China Calls the Shots at the Third Plenum:  China is setting the stage for some major policy plays. The Third Plenum is where the magic happens, and with President Xi firmly in charge, expect some bold moves on the economic fron...

In a significant move, Axiata Group Bhd  has completed the acquisition of Airtel Lanka, previously a wholly-owned subsidiary of India’s Bharti Airtel. This acquisition, carried out through Axiata’s 83%-owned subsidiary Dialog, brings Airtel Lanka fully under Dialog's wing. Here's what you need to know: Big Changes in Sri Lanka's Telecom Scene Axiata, Dialog, and Bharti Airtel signed an agreement in April to merge their operations in Sri Lanka. This deal saw Airtel Lanka being absorbed by Dialog through the issuance of 952.7 million shares, representing a 10.355% stake in the expanded Dialog. What Does This Mean for You? For those living in Sri Lanka or using its telecom services, this merger could mean better and more reliable connectivity. By combining their operations, the companies aim to: Reduce Infrastructure Overlap:  This means fewer disruptions and improved service quality as resources are shared more efficiently. Enhance High-Speed Broadband and Voice Services:  ...