We assess the impact of Myanmar’s coup on its economy as the country reverts to its past with the Lady detained and military back in charge. Malaysia has extended its MCO by 2 weeks, which was scheduled to end on Feb 4. The key question here is if MCO becomes protracted, given how fast government debt is rising, is there still room for even more stimulus? The bull run in ASEAN bank shares is showing no signs of abating - we now ask the big question which country poses the most risk and why. Over in the Philippines, we ask which sectors will be the biggest beneficiaries from the passage of the Create Act and corporate income tax cuts. Last but not least, we do some crystal ball gazing what palm oil benchmark futures signal with the recent selldown.