ASEAN Speaks

Deep diving into our stock picks as ASEAN markets continue to lag North Asia. We also consider the beneficiaries of the LRT project in Penang and developments in Iskandar, Johor, as Country Garden’s Forest City becomes a special financial zone. Meanwhile, what is ahead for REITs in Singapore? 00:27 - Roundup - Chua Hak Bin 04:01 - MY inflation, interest rate - Zamros Dzulkafli 07:55 - TH GDP - Eri...

Malaysia’s 2Q GDP growth fell below consensus, Singapore’s non-oil domestic exports (NODX) fell at a steeper pace in July, while Indonesia exports remained soft. Will it get better or worse? 00:22 - Roundup - Winson Phoon 03:17 - MY 2Q GDP - Suhaimi Ilias 09:02 - SG NODX, GDP - Chua Hak Bin 11:34 - ID trade, interest rates - Brian Lee 15:01 - PH interest rate - Zamros Dzulkafli 17:44 - CN slowdown...

In this week’s highlight, we unpack China’s July data that showed a slowdown enveloping China’s economy. Is the worst yet to come? Erica Tay, our Economist, speaks with Winson Poon. For the full conversation with other analysts at Maybank, go to today's Weekly Briefing episode on ASEAN Speaks.

In this week’s highlight, we review how Malaysia’s New Industrial Master Plan could be a gamechanger. Anand Pathmakanthan, Head of Regional Equity Research, speaks with Winson Phoon. For the full conversation with other analysts at Maybank, go to the latest Weekly Briefing episode on ASEAN Speaks.

Our analysts unpack the economic numbers in China, Indonesia and the Philippines and also the downgrade in GDP forecast for Singapore. Over in Malaysia, we expect business as usual after the state elections, and look forward to new policy announcements including any updates on the KL-Sing apore High Speed Rail project. Meanwhile, youth unemployment and under-employment rates remain sticky while in...

It’s been a rocky time for the property sector in China, and the Politburo has elevated its risk as the top concern for the economy. Erica Tay, an economist at Maybank Investment Banking Group discusses the wider implications and another risk to watch out for. Producer: Noelle Lim, Maybank IBG

How will Malaysians benefit from the MADANI economic blueprint? Suhaimi Ilias, our Chief Economist, speaks with Chua Hak Bin.

In today’s Weekly Briefing, we discuss our key reports: outcomes of the discussion with the Ministry of Finance in Malaysia about the MADANI Economy blueprint; and whether China is experiencing a deflation; and Indonesia’s 2Q GDP forecast.  00:23 - Roundup - Chua Hak Bin 02:38 - MY MOF Dialogue - Suhaimi Ilias 09:55 - CN trade - Erica Tay 12:18 - CN deflation - Erica Tay 14:12 - ID inflation - Bri...

Last week, Malaysian Prime Minister Dato’ Seri Anwar Ibrahim launched MADANI Economy plan to address the most pressing challenges facing the Malaysian economy. The National Energy Transition Roadmap Part 1 was also launched to outline the opportunities towards a greener nation. Suhaimi Ilias, Chief Economist, and Anand Pathmakanthan, Head of Regional Equity Research speak with Winson Phoon. For th...

On this morning’s call, we stay current on ASEAN’s electric mobility transition; the implications of China’s Politburo’s shift towards a more accommodative stance towards the property sector; if Bank of Japan is likely to raise interest rate further; and if manufacturing downturn has bottomed in Singapore. 00:24 - Roundup - Winson Phoon 03:31 - MY MADANI - Suhaimi Ilias 08:50 - IMKL Series - Anand...

In this week’s highlight, Saktiandi Supaat, Maybank’s Head of Forex Research, discusses how investors could position themselves for the end of the Fed’s tightening cycle. He speaks with Chua Hak Bin. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

Looking ahead to this week, we discuss expectations of FOMC’s meeting, and what to watch for in Bank of Indonesia’s statements given the decline in exports. In terms of equities, we look into projections for the Philippines, and 2Q bank earnings in Singapore and indications of China’s growth. 00:27 - Roundup - Chua Hak Bin 03:02 - FOMC - Suhaimi Ilias 04:15 - MY 2Q GDP - Suhaimi Ilias 06:56 - ID e...

Last week, we saw Pita Limjaroenrat fail in his bid to become Prime Minister of Thailand. What is ahead for the markets? Winson Phoon speaks with Chak Reungsinpinya, our Head of Equity Research in Thailand. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

In Thailand, who will become the next Prime Minister? Why did Singapore avert a technical recession? What can we expect from China’s 2Q GDP number which will be out today? We also look at Malaysia’s second half prospects and stock picks in view of the upcoming state elections. 00:26 - Roundup - Winson Phoon 03:33 - TH politics - Chak Reungsinpinya 09:12 - SG GDP - Chua Hak Bin 12:01 - CN macro - B...

Maybank has downgraded its ASEAN-6 GDP growth forecast to +4.2% in 2023 from +4.5% at the start of the year. Chua Hak Bin, Co-Head of Macro, speaks with Suhaimi Ilias about the ten post-pandemic realities and downside risks going forward. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

El Nino is expected to peak from now till the first quarter of next year across ASEAN. How will warmer and drier conditions affect agriculture, food production as well as inflation? 00:21 - Roundup - Suhaimi Ilias 05:51 - ASEAN macro - Chua Hak Bin 11:09 - ID, TH inflation - Lee Ju Ye 13:14 - TH minimum wage - Lee Ju Ye 13:58 - El Nino impact - Lee Ju Ye 14:46 - PH inflation - Zamros Dzulkafli 15:...

In this week’s Highlight, we look into Indonesia consumer stocks and feedback from investors at our recent marketing trip in Singapore. Willy Goutama, Analyst at Maybank Sekuritas, speaks to Winson Phoon. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

Singapore’s manufacturing worsened in May indicating a technical recession is probable. Vietnam’s 2Q GDP gathers pace but is still lackluster. Meanwhile for equities, Indonesia continues to be a bright spot, based on feedback at Maybank’s Invest ASEAN conference. We look at positioning for further growth, and our stock picks in other markets without re-rating catalysts yet.  00:31 - Roundup - Wins...

Inflation has been easing in Malaysia and Singapore - is this enough to pause further central bank actions? And for ASEAN, the elephant in the room question - does China need more measures to turbo charge its economy? Meanwhile, looking at the top currency trades - will the USDJPY continue to move higher? Also, will the Ringgit continue to slide? 00:30 - Roundup - Suhaimi Ilias 04:56 - SG inflatio...

The Federal Reserve has decided to hold interest rates steady at its policy meeting. What would this mean for Malaysia and the other regional markets? Chua Hak Bin, Co-Head of Macro speaks with our analysts. 00:20 – Roundup – Chua Hak Bin 03:06 – Fed dot plot - Suhaimi Ilias 05:25 – BNM OPR, GDP – Suhaimi Ilias 09:44 – China economics – Brian Lee 15:15 – Indonesia economics – Lee Ju Ye 17:56 – Reg...

In today’s Highlight, banking analyst, Desmond Ch’ng discusses if we should still stay invested in Malaysian banks as interest rates fall. Co-Head of Macro, Chua Hak Bin moderates the call. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

Headline inflation rates in ASEAN-6 economies appear to have peaked and are moderating. Latest monetary policy actions by ASEAN central banks except for Vietnam indicate they are still cautious. 00:22 - Roundup - Chua Hak Bin 02:33 - ASEAN inflation - Suhaimi Ilias 07:38 - ASEAN interest rate - Suhaimi Ilias 09:15 - ASEAN monetary policy - Suhaimi Ilias 10:40 - BNM governor - Suhaimi Ilias 11:13 -...

In today’s Highlight of our Weekly Briefing, Anand Pathmakanthan, Head of Equity Research in Malaysia unpacks the first quarter earnings, which have been disappointing. Will the second half of the year be better? Suhaimi Ilias speaks with him. To learn more, download the Malaysia 1Q23 Results Roundup report from our trading platform. For the full conversation with other analysts, go to the latest...

Our analysts present forecast revisions - Vietnam’s GDP, US dollar, our year end KLCI target - and also consider undervalued plays in Thailand’s energy and retail sectors.  00:20 - Roundup - Suhaimi Ilias 06:53 - TH interest rate - Lee Ju Ye 09:17 - ID inflation - Lee Ju Ye 11:28 - VN GDP - Brian Lee 14:10 - USD, Euro, CNY - Saktiandi Supaat  19:00 - USDMYR - Saktiandi Supaat  21:48 - MY 1Q earnin...

As momentum builds up towards COP28 that will take place in the UAE, we discuss with Robert Stavins,  A.J. Meyer Professor of Energy & Economic Development, at the Harvard Kennedy School, on the realities of climate talks, and what could take centrestage, and the progress of the loss and damage fund. We also discuss how ASEAN could elevate its voice in climate negotiations. Stavins was in Singapor...