ASEAN Speaks

In this week's episode of ASEAN Speaks, our host Thilan discusses upgraded STI targets and why he believes the index will break through the 4000 barrier and what he believes are some of the stocks that are well positioned to benefit. Brian Lee, our economist joins us to look at how core inflation moderated from 0.7% to 0.6% and what he believes the inflation will be like for the rest of the ye...

In this week's episode of ASEAN Speaks, Singapore's Head of Research, Thilan Wickramasinghe gives us his take on his recent increase in target price for the SGX, given the current volatile market. Hussaini also comes on today to speak about his recent reports on Sea Limited, Grab Holdings and Singapore Telecommunications Ltd as well as several takeaways while speaking to clients over the past week...

In this week’s show our host Thilan discusses the MAS Equity Market Development Fund and the 18 screened stocks that we see benefits the most that have relatively strong corporate governance. Our analyst from Thailand, Boonyakorn recently upgraded Airports of Thailand to a BUY and he goes through why he sees more upside now. Hussaini also comes in to talk about his brand new survey on ASEAN Intern...

Diversify, diversify, diversify! That is the name of the game. In today's episode, our host, Thilan bring us his review on our Macro Team's highly recommended report. We will delve in deep to explore whether the softening of the US dollar is structural or temporary as it loses its domimamce as a world reserve currency. Next, we are joined by our Regional Strategist Anand Pathmakanthan as h...

In today's episode of ASEAN Speaks, our host Thilan is joined by Krishna Guha our REITs analyst and Brian Lee our macroeconomist. Krishna goes through his recent conversations with many of the REITs management and with investors going through what his key observations of the REITs subsector is and how investors are positioned as well. Our host Thilan discusses on Singapore bank's loan grow...

In this week’s episode of ASEAN Speaks, our host Thilan reviews Singapore's Q1 GDP outperformance and unpacks selected safe-haven stock picks. Economist Brian Lee joins us to discuss the driving factors behind Singapore's GDP growth and growth forecasts for subsequent quarters. Thilan discusses ISO team's outlook given the anticiapted influx of HDB tenders post General Election amongst other struc...

In this week’s episode of ASEAN Speaks, our host Thilan unpacks Moody’s downgrade of the US credit rating and the market implications of easing US-China tariffs. Economist Erica Tay joins us to explore what this shift means for China and ASEAN economies. We break down Sea Ltd’s stellar 1Q25 results and why we’ve raised our target price. SMID's Analyst, Jarick Seet is is optimistic about CSE Gl...

In this week's epsiode of ASEAN Speaks our host Thilan unpacks the implications of Singapore's General Election and what it means for market stability amid global uncertainty. Once again highlighting our top 40 Singapore-First Picks. Our REITS analyst breaks down 1Q results for most REITs, going through the risks facing the sector and why he remains positive despite a weak quarter. While o...

In this week's epsiode of ASEAN Speaks our host Thilan dives deeper into our Singapore Strategy amidst tariff uncertainty, highlighting 40 stocks that we have screened with more than 50% of revenue derived in the domestic market. Eric Ong, one of our analysts comes on the show to talk about Raffles Medical being a local champion, explaining his upgraded target price and some catalysts for the stoc...

In today's episode of ASEAN Speaks, we dive deeper into the REITs sector which we believe is our best defensive pick in the ASEAN market. As well as our economist Brian Lee going across Singapore's export numbers and why his forecasts for Singapore's GDP has remained the same. Krishna, our REITs analyst, maintains a POSITIVE view on S-REITs and goes through why after stress testing he...

In this week's episode of ASEAN Speaks, our host Thilan is joined by our Economist, Brian Lee to give us new insights on MAS’s policy easing and Singapore’s GDP forecast downgrade and Senior Analyst Eric Ong shares why ComfortDelGro could be a safe haven. Thilan unpacks the downgrade of Singapore banks to Neutral and takes a deep dive into the uncertainty of the markets. On Behalf of Senior An...

In this week's episode of ASEAN SPEAKS, our host Thilan is joined by our Regional Equity Strategist, Anand Pathmakanthan, to unpack the equity implications of Trump’s Liberation Day tariffs, especially for ASEAN markets like Vietnam, Thailand, and Malaysia. Our Co-Head of Macro Research, Dr Chua Hak Bin, shares his views on the economic impact, including ASEAN growth downgrades and how China’s...

In this week's episode of ASEAN Speaks, our host Thilan invites our economist Chua Hak Bin to talk about the US's Liberation Day and how that would impact the ASEAN market. Our SMIDs analyst, Jarick Seet goes through why he is upgrading ISOTeam's target price amidst its CEO buying ISOTeam shares. With increased rumours of Grab merging with GoTo, our analyst from Indonesia, Etta Rusdian...

In this episode, our host goes through an ASEAN Equity Overview of the ASEAN-6 (Singapore, Malaysia, Indonesia, Vietnam, Thailand and Philippines) done by Anand Pathmakanthan, Head of Regional Equity Research. Our SMIDs analyst, Jarick Seet, also goes through why he is confident on rating Frencken as a BUY despite the recent slowing down of the semi-conductor space in Singapore, expecting a recove...

In this episode of ASEAN Speaks, we are joined by 3 of our analysts will be talking about three key stocks that they believe will perform well in the future as earnings season comes to a close as well as our China Economist. Hussaini, our TMT analyst talks about Sea Limited's blowout 4th Quarter performance and the key prospects he is forecasting for this year. Jarick Seet, our SMIDs analyst,...

In this episode of ASEAN Speaks, we feature three of our analysts who give their opinions on some rating changes as earnings season is coming to a close. Jarick Seet, our SMIDs analyst, talks about the tech manufacturing sector outlook, going into detail on whether the previous murky forecasts has given way to more positive prospects. Thilan Wickramasinghe, our Head of Research, goes in depth into...

In today's episode of ASEAN Speaks our host Seng Yeow briefly discusses on the shifts in the US market highlighting Alibaba's upcoming advantage with the recovery of the Chinese Tech Market. Our head of research, Thilan Wickaramasinghe goes through the MAS' first set of recommendations to revive Singapore's stock market which includes a S$5 billion initiative, a Market Development Fund focusing on...

In this week's edition of ASEAN Speaks we have Thilan Wickramasinghe discussing DBS's strong performance in results and loan growth in 2025. Brian Lee, our Economist discusses the expectations for SG Budget 2025 and the impacts on GDP expectations for 2025E. Jarick Seet, our Head of SMIDs also discusses his new initiation in painting contractor ISOTeam and updates his coverage on SingPost....

In this week's edition of ASEAN Speaks we have Thilan Wickramasinghe discussing SGX's strong performance the past quarter and potential benefits from an upcoming MAS review. Hussaini Saifee, our TMT analyst discusses a potential Grab-Gojek merger that could potentially go through and how that would affect both companies. Krishna Guha, our REITs analyst also covers his outlook for CICT afte...

In today’s edition, we discuss the return of safe haven assets as Trump’s tariff agenda pressures markets. With gold and oil rising, we explore why Singapore banks are also in focus ahead of their 4Q earnings season. Our analyst, Hussaini, breaks down the DeepSeek shockwave and its impact on ASEAN data centres. Plus, we dive into Sea and Grab’s upcoming results and what to watch for in the ASEAN I...

In today's edition, we discuss about the likely impacts of some of Trump's moves on several sectors in the ASEAN market. Fresh off our Hong Kong Marketing Event, our analyst Hussaini delivers several key takeaways that investors are focusing on regarding the 2025 outlook of the ASEAN TMT sector. We also discuss certain key points regarding why, our REITs analyst, Krishna remains bullish on both FC...

In this week's edition, we talk about our Feng Shui Guide to Prosperity as we usher in the Year of the Wood Sssnake. Discover how astrological predictions, economic trends, and key sectors could shape the Year of the Wood Snake, featuring Master Ken Koh's advice for navigating 2025's challenges and opportunities. Furthermore, three of our analysts join us today to talk more about their...

In this episode, we will be going through the newly signed JS-SEZ agreement and how Singapore's plan to invest money and policies behind it will make this time different. With both Malaysia and Singapore setting up funds to develop infrastructure and subsidise companies transitioning into the JS-SEZ, as well as a joint target of 100 projects in the SEZ. We also covered a selection of Singaporean a...

In our first 2025 podcast, we discuss whether Singapore can maintain its market momentum in 2025. Our Singapore economist, Brian Lee, shares his outlook for 2025, discussing expected growth drivers and why he forecasts resilient economic momentum for Singapore in the year ahead. We also feature two of our analysts Krishna Guha and Hussaini Saifee who will each give insights of what trends and driv...

In this year's wrap-up of ASEAN Speaks we cover the key drivers that led to Singapore being the best performing market in Asia and how those drivers will impact next year. We also feature three of our analysts Krishna Guha, Hussaini Saifee and Jarick Seet who will each give an overview of what key factors and trends drove their specific sectors this year. Covering REITs and Industrials, Telcos and...