ASEAN Speaks

Amid relentless selloff in the markets, our analysts discuss the opportunities in fixed income, Indonesian and Philippines equities, and “must haves” in a Malaysian ESG stock portfolio that offers low ESG risks balanced with core business diversity.  00:20: Roundup - Suhaimi Ilias 04:32 - SG recession - Chua Hak Bin 09:27 - TH interest rate - Lee Ju Ye 12:09 - TH elections - Ju Ye 14:16 - VN...

Central banks in Indonesia, the Philippines and Vietnam have raised interest rates higher than expected to fight inflation and manage the currency. Our economists consider the impact on economic growth including a look ahead into Malaysia’s Budget 2023 and the possibility of a technical recession in Singapore while the Sing dollar remains a safe haven currency. We also review the uptick in Singapo...

Our analysts assess how ASEAN markets would react to the Federal Open Market Committee’s (FOMC) huge decision on Wednesday if it raises the interest rate by 75 or 100 basis points. 00:20 - Roundup - Chua Hak Bin 03:13 - ID growth, inflation - Lee Ju Ye 06:17 - ASEAN markets - Anand Pathmakanthan 11:07 - ASEAN bond yields - Winson Phoon 15:25 - RMB - Saktiandi Supaat 18:35 - UK Budget, Pound - Sakt...

How many more interest rate hikes could we expect from Bank Negara Malaysia following the third hike last week? And what can we expect from Malaysia’s Budget 2023? We also unpack our ASEAN X report on China and the direction of the Renminbi (RMB) and which ASEAN currency is most sensitive to a RMB sell-off, and what the Chinese Communist Party might focus on at its Congress on the 16th of October....

Our analysts unpack the implications of US non-farm payrolls data, and major currency movements in Asia as well as the outlook on Malaysian banks, and follow the money of foreign investors. 00:22 - Roundup - Ong Seng Yeow 01:23 - US non-farm payroll, inflation - Suhaimi Ilias 04:56 - US interest rates - Winson Phoon 09:18 - MY, SG government bonds - Winson 10:42 - Yen, Euro, MYR, RMB - Saktiandi S...

As the Fed warned that it is likely to impose large interest rate hikes in coming months to tame inflation, our analysts discuss the extent of ASEAN decoupling from a potential US recession, a likely technical recession in Singapore in 3Q, and when Malaysia might hold its general elections now that the tabling of Budget 2023 has been brought forward to 7th October. 00:18 - Roundup - Winson Phoon 0...

As sentiment on Chinese property stocks lifted last week, we discuss our outlook for bonds. We also unpack our special reports on Philippines remittances, ASEAN equities strategy, Thailand’s telco spectrum, and our forecast on Vietnamese banks. 00:22 - Roundup - Chua Hak Bin 02:17 - CNY bonds, property - Winson Phoon 06:33 - TH GDP, THB - Lee Ju Ye 10:02 - PH interest rates, remittances - Zamros D...

Following the US markets’ spectacular performance on Friday where the S&P closed at 4,280, our analysts at Maybank IBG highlight what we need to look out for in ASEAN this week. We also peek into our brand new ASEAN ESG Alpha report for top ESG picks. 00:20 - Roundup - Ong Seng Yeow 01:59 - MY GDP - Suhaimi Ilias 07:35 - GE stocks - Anand Pathmakanthan 09:43 - Yield curve flattening - Winson P...

Our analysts at Maybank IBG unpack Singapore’s bank earnings, stock call upgrades for ASEAN, and consider if Vietnam’s slowing exports are a warning sign for the rest of Asia, and how much more legs will the ASEAN bond rally have, and should investors subscribe to Singapore’s 50 year sovereign green bond. 00:21 - Roundup - Chua Hak Bin 03:02 - SG banks - Thilan Wickramasinghe 06:07 - ASEAN bonds r...

Tan Sri Shahril Ridza Ridzuan, Chairman of Axiata, and former Managing Director of Khazanah Nasional and Chief Executive Officer of Employees Provident Fund (EPF) discusses leadership, the real value of a digital bank license, nurturing innovation and picking the right talent, and the path of transformation in Malaysia. Dato’ Fad’l Mohamed, CEO of Maybank Investment Bank speaks with the self-confe...

As the US enters a technical recession but with strong jobs data, how will this affect the Fed’s decision on interest rates in September? And in a slower growth environment, how resilient are banks and REITs?  00:21 - Roundup - Ong Seng Yeow 01:15 - FOMC expectations - Chua Hak Bin 06:36 - Bond outlook - Winson Phoon 10:35 - TH interest rate - Lee Ju Ye 11:54 - SGD/MYR - Saktiandi Supaat 14:2...

Our analysts discuss if institutional investor sentiment will be holding up in Indonesian markets, the best performing in the region year-to-date; will Laos and Myanmar face a mini crisis mirroring Sri Lanka, and pre-election plays for alpha in Malaysia, and discounted stocks and sectors in the Philippines, among others. 00:24 - Roundup - Chua Hak Bin 05:17 - ID interest rate, inflation - Lee Ju Y...

Maybank analysts discuss MAS’ off-cycle policy move to contain inflation and how it’ll affect economic growth in Singapore, and also the direction of currencies, and other market moving updates during a recession-inflation. 00:35 - Roundup - Suhaimi Ilias 04:02 - SG tightens - Chua Hak Bin 07:35 - PH tightens - Zamros Dzulkafli 11:14 - FOMC 26/7 - Winson Phoon 15:05 - ID macro - Lee Ju Ye 19:00 -...

Our analysts discuss how many more interest rate hikes are in store for Malaysia, the Philippines and Thailand to tame inflation. They also look into Vietnam’s rise as Asia’s next digital tiger and stocks that play into this theme. And with the situation in Russia-Ukraine, what is the outlook for coal prices?  00:36 - Roundup - Winson Phoon 04:29 - MY OPR, GDP - Suhaimi Ilias 10:03 - PH CPI,...

A chemical company listed on the Stock Exchange of Thailand, Indorama Ventures (IVL) is the leading manufacturer of polyethylene terephthalate (PET or polyester) and fibers, with more than 100 operating sites across over 30 countries. We speak to Yash Lohia, IVL’s second generation leader, Executive Director and Chief Sustainability Officer about building an infrastructure for a circular economy e...

Building on the theme of weaker growth, our analysts discuss their outlook - outperformance for the next 6 months within Asia Pacific, emerging market currencies and Yen, and Malaysia’s economy and equities strategy in the second half of this year. 00:21 - Roundup - Ong Seng Yeow 01:38 - Potential for outperformance in Asia - Chan Han Chin 06:39 - MY: S&P revision - Winson Phoon 13:27 - EM FX...

In the current bearish market, what type of stocks and portfolio would lead? Has the US markets priced in all possible rate hikes? What is the likelihood of a recession? We ask Chan Han Chin, portfolio strategist at Maybank Investment Banking Group (Maybank IBG). Presenter & Producer: Noelle Lim, Maybank IBG

As inflation accelerates in some key markets of ASEAN, our analysts at Maybank Investment Banking Group (Maybank IBG) discuss their broader implications on banking asset quality, policy rate moves, and ASEAN equities strategy. 00:29 - Roundup - Winson Phoon 04:07 - MY inflation - Suhaimi Ilias 07:56 - PH inflation - Suhaimi Ilias 09:06 - SG inflation - Lee Ju Ye 13:00 - ID interest rate - Lee Ju Y...

The Fed hiked interest rate by 75bps, the largest increase at a meeting since 1994. What can we expect in the remaining four FOMC meetings this year? As ASEAN are largely food exporters, what are the opportunities and risks as a result of food inflation? And what’s the likelihood of Laos defaulting on its debts? 00:31 - Roundup - Winson Phoon 04:20 - Fed ups 75bps - Suhaimi Ilias 10:51 - Food infl...

We highlight some key conversations that took place at Invest ASEAN 2022, starting from understanding the biggest issues that will affect us in the next five years to thriving in an uncertain environment. We see sustainability as the way forward, supported by inclusive and equitable growth. The podcast features: 00:29 - Rodger Baker, SVP of Strategic Analysis, Stratfor 05:00 - Tensie Whelan, Clini...

Our economists do a deep dive on interest rate expectations; how ASEAN remains the cleanest dirty shirt as developed markets struggle; while it is land of smiles again for Thai tourism; and if it's time to return to Vietnam's markets. 00:32 - Roundup - Chua Hak Bin 04:17 - MY 2Q GDP forecast - Suhaimi Ilias 09:48 - ID interest rate forecast - Lee Ju Ye 11:39 - TH interest rate - Lee Ju Ye 13:57 -...

Analysts based in Singapore, Manila and Ho Chi Minh City—vastly different economies—discuss their outlook for the rest of the year due to headwinds, emerging trends such as shophouses in Singapore, data centres in the Philippines, and satellite townships in Vietnam, and segments that are resilient in the real estate sector. 00:20 - Leonard Tay, Head of Research, Knight Frank Singapore 14:05 - Sevi...

Maybank’s analysts interpret the slew of economic data that came out from Singapore, Bank of Indonesia’s decision to hold interest rate, Malaysia’s inflation that remains relatively low, Vietnam’s economic data, and the broad based recovery of hoteliers in Thailand. 00:22 - Roundup - Suhaimi Ilias 06:11 - SG GDP, inflation - Chua Hak Bin 11:05 - ID interest rate - Lee Ju Ye 14:35 - MY consumer pri...

We unpack Singapore’s slowing growth in non-oil domestic exports (NODX) in April since February, and examine the effects of the wheat export ban by India on Indonesia’s consumer companies, and the risk of re-imposition of Indonesia’s palm oil export ban, and if it is time to bottom-fish regional tech champions, Grab and SEA, ending with what will lift the Renminbi. 00:17 - Roundup - Suhaimi Ilias...

Amidst global markets coming under pressure on the back of US economic woes, interest rate hikes, and soaring inflation, is ASEAN proving to be the “cleanest dirty shirt”? 00:38 - Roundup - Chua Hak Bin 04:27 - OPR hike - Suhaimi Ilias 10:14 - Impact on banks - Desmond Ch’ng 12:02 - Bond yields - Winson Phoon 16:02 - ASEAN strategy - Anand Pathmakanthan 18:57 - Marcos Jr’s win - Jacqui de Jesus 20...