ASEAN Speaks

The latest set of China economic data sent shudders through the markets, with China-related stocks falling nearly 4 percent on Wednesday. Erica Tay, economist at Maybank IBG discusses how policymakers can raise GDP growth in 2024.

The year started on a good note underpinned by policy thematics. Chua Hak Bin, our regional Co Head of Macro speaks to our analysts on their market outlook. 02:01 – Macro intro – Chua Hak Bin 03:08 – ASEAN markets to watch – Anand Pathmakanthan 08:02 – Malaysia-Singapore’s MOU – Wong Wei Sum 10:39 – Key themes for gaming sector – Yin Shao Yang 15:10 – Thailand consumer finance sector outlook – Jesada Techahusdin 17:23 – Philippines market investment themes – Rachelleen Rodriguez Producer: Esther Phua, Maybank IBG

Some Asean markets are off to a positive start, what’s driving them and which markets are foreign investors looking to position in 2024? Anand Pathmakanthan, Head of Regional Equity Research at Maybank shares his thoughts.

Wong Chew Hann, Head of Equity Research, Maybank Investment Bank, discusses the outlook and investment strategy for the Malaysian market.

What are some 2024 equity outlook and strategies for Asean markets? Suhaimi Ilias, our Chief Economist, speaks to our analysts from Singapore, Malaysia, Thailand and Vietnam. He also chats with our ESG analysts on the latest ESG findings in Asean and Indonesia. 02:27 Roundup – Suhaimi Ilias 08:05 Singapore investment strategy – Thilan Wickramasinghe 11:20 Thailand market outlook – Chak Reungsinpinya 15:13 Vietnam market outlook – Hoang Huy 19:37 Malaysia equities market outlook – Wong Chew Hann 29:37 Update on decarbonisation in Asean – Jigar Shah 32:28 EV market in Indonesia – Etta Rusdiana Putra

Moving into 2024, Singapore’s economy sees green shoots in export and manufacturing, with overall recovery in Asean markets, says Chua Hak Bin, Maybank’s regional co-head for Macroeconomics.

In our first episode for 2024, our economists and analysts give an overview of their outlook for Asean economies – Singapore to Malaysia to the Philippines, Indonesia, Thailand, Vietnam, as well as China. Tune in to find out what are some exciting forecasts to look forward to in the regional markets. 00:20 - Roundup - Chua Hak Bin 02:05 - Green shoots themes - Chua Hak Bin 05:08 - Singapore - Chua Hak Bin 07:59 - Malaysia - Suhaimi Ilias 12:59 - China - Erica Tay 18:44 - Bonds - Winson Phoon 21:22 - Forex - Saktiandi Supaat 25:13 - Indonesia - Brian Lee 28:25 - Philippines - Zamros Dzulkifli 32:27 - Thailand – Erica Tay 38:53 - Vietnam - Brian Lee   Producer: Esther Phua, Maybank IBG

In this week’s highlight, Jeremie Yap, our analyst, outlines the beneficiaries of Petronas as it decides how to strike a balance between capital expenditure, dividend commitment and balance sheet preservation. He speaks with Chua Hak Bin. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

This week, we consider the reasons for China's delayed Economic Plenum, assess Indonesia's inflation jump, consider multi-year market trends in Singapore, and outline our equities strategy for the Philippines. 00:20 - Roundup - Chua Hak Bin 04:36 - CN PMI - Erica Tay 06:38 - CN Economic Plenum postponed - Erica Tay 08:12 - TH interest rate - Erica Tay 10:39 - VN GDP - Brian Lee 13:18 - ID inflation - Brian Lee 15:03 - SG strategy - Thilan Wickramasinghe 19:03 - ASEAN strategy - Anand Pathmakanthan 22:44 - Petronas 3Q results - Jeremie Yap 24:44 - PH strategy - Rachelleen Rodriguez Producer: Noelle Lim, Group Global Banking, Maybank

Malaysian banks are expected to deliver weaker second half earnings compared to the first half this year. Why and what’s our earnings forecast for 2024 and top stock picks? Winson Phoon discusses with Desmond Ch’ng, our Banking Analyst. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.