ASEAN Speaks

US inflation data came in lower than expected. Our analysts discuss the broader trend, and if the US will slow rate hike. And as Malaysia goes to the polls this Saturday, we look into the impact on markets in this tight race. 00:22 - Roundup - Chua Hak Bin 04:21 - US bond yields - Winson Phoon 06:42 - ASEAN bonds - Winson 07:34 - USD inflection - Saktiandi Supaat 10:05 - MYR appreciation - Saktiandi 11:47 - MY GDP drivers - Suhaimi Ilias 14:42 - MY GE - Suhaimi 16:11 - ID GDP - Lee Ju Ye 18:22 - ID interest rate - Ju Ye 19:12 - PH GDP - Zamros Dzulkafli 22:56 - ASEAN picks - Anand Pathmakanthan 25:54 - MY picks, GE - Anand 26:49 - CPO prices - Ong Chee Ting 30:04 - Plantation picks - Chee Ting Producer: Noelle Lim, Maybank IBG

The third episode of our series 'Exploring Sustainable Values' focuses on implementing Systems Thinking into Sustainable Finance. James Vaccaro, CEO of RePattern shares his perspectives on current trends in the sustainable financial sector, challenges to tackle, and introduces a systems thinking perspective on the notion of sustainability.

Our analysts unpack a slew of economic data in the region as well as earnings of Singapore banks with DBS Bank as our top pick. 00:15 - Roundup - Chua Hak Bin 03:59 - US interest rate - Suhaimi Ilias 05:38 - MY interest rate - Suhaimi 06:57 - ID inflation rate - Lee Ju Ye 08:33 - PH inflation rate - Zamros Dzulkafli 10:13 - TH foreign reserves - Ju Ye 12:39 - Cambodia economy - Brian Lee 13:57 - Myanmar, Laos economy - Brian 14:58 - Fed, USD relationship - Saktiandi Supaat 17:47 - ASEAN currencies - Andi 19:01 - SG banks - Thilan Wickramasinghe 22:08 - TH tourism - Yuwanee Promaporn Producer: Noelle Lim, Maybank IBG

The second episode of our series 'Exploring Sustainable Values' aims to explore and understand the role of leaders when it comes to leading a value-based organisation. We spoke to Dr. Aamir A. Rehman, founder of Fajr Capital where he provides insights on the struggles, barriers and attributes that makeup a leader when implementing sustainability values. 

Our analysts review what’s going on in the region - will there be a stagflation in Singapore, can we anticipate more interest rate hikes in Vietnam following two jumbo ones, and how should we get more defensive in ASEAN as central banks further tighten. 00:24 - Roundup - Suhaimi Ilias 04:38 - SG stagflation? - Chua Hak Bin 09:20 - VN interest rate - Brian Lee 12:56 - TH outlook - Lee Ju Ye 15:06 - USD outlook - Saktiandi Supaat 20:51 - ASEAN downgrades - Anand Pathmakanthan 24:38 - ID retail, neutral - Willy Goutama 27:19 - PH REITs - Miguel Sevidal Producer: Noelle Lim, Maybank IBG

The Chinese Communist Party’s 20th National Congress came to a close on Sunday, and President Xi Jinping extended a rare third term as the Party’s leader. We discuss the economic outlook for China and its impact on ASEAN in the event of a re-opening, and if the USD has peaked. 00:26 - Roundup - Suhaimi Ilias 04:25 - China - Chua Hak Bin 11:28 - ID macro - Lee Ju Ye 14:43 - VN Dong, reserves, rates - Brian Lee 19:25 - USD view - Saktiandi Supaat 24:15 - Currency support - Andi 26:00 - MYR view - Andi 28:04 - TRUE-DTAC - Wasu Mattanapotchanart 32:05 - TH ESG - Suttatip Peerasub Producer: Noelle Lim, Maybank IBG

The first episode of our series 'Exploring Islamic Values' aims to introduce the uninitiated to the world of sustainability, Islamic Finance, and the relationship between the two fields. We spoke to the general public to understand their point of view and address any misconceptions they might have.

Malaysia’s upcoming General Elections will be the most exciting with multi cornered fights, and a 40% jump in new voters, mainly the young. Meanwhile Singapore avoided a technical recession but inflation risk remains elevated and another tightening is forecasted. Over at the best performing equity market in ASEAN, Indonesia, our analysts recommend to take profit now. MY GE Scenario 1 win: UMNO-led BN but short of a simple majority of 112. Scenario 2: UMNO-led BN secure better than simple majority. Scenario 3: Anwar-led PH or in some form of a bigger Opposition alliance. Scenario 4: Unchartered waters with a new coalition government. 00:26 - Roundup - Winson Phoon 04:26 - MY GE scenarios - Suhaimi Ilias 11:23 - MY monetary policy - Suhaimi 12:14 - MY equities - Wong Chew Hann 18:05 - MY aviation - Yin Shao Yang 20:57 - SG economy - Chua Hak Bin 23:54 - ASEAN markets - Anand Pathmakanthan 26:20 - CPO price - Ong Chee Ting 29:50 - PH sugar - Daphne Sze Producer: Noelle Lim, Maybank IBG

Our analysts round up their thoughts on Malaysia’s Budget 2023 record spending of RM372 bil in view of the Prime Minister announcing a dissolution of Parliament and the general elections to be held within 60 days. 00:25 - Intro - Ong Seng Yeow 00:58 - USD support - Saktiandi Supaat 03:29 - Plaza Accord 2.0? - Andi 05:58 - MY Budget 2023 - Suhaimi Ilias 09:46 - Oil price, politics - Liaw Thong Jung 13:27 - MY fuel subsidies - Suhaimi 15:26 - MY Budget picks - Anand Pathmakanthan 21:53 - MY debt, ratings - Se Tho Mun Yi Producer: Noelle Lim, Maybank IBG

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 GDP - Brian Lee 16:41 - VN Dong - Brian 18:25 - Fixed income - Winson Phoon 22:35 - MY ESG stocks - Anand Pathmakanthan 26:20 - ID equities - Jeff Chenlim 28:37 - PH equities - Jacqui de Jesus Producer: Noelle Lim, Maybank IBG