ASEAN Speaks

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 - Erica Tay 20:58 - USDCNY, GBPMYR - Saktiandi Supaat 27:17 - MY bonds - Se Tho Mun Yi 29:35 - TH retail - Suttatip Peerasub

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 informal jobs are at record high. While there were broad-based increases in employment growth across sectors, manufacturing jobs and income growth trended lower. 00:27 - Roundup - Winson Phoon 04:04 - SG GDP downgrade - Chua Hak Bin 07:15 - SG monetary - Chua Hak Bin 08:22 - MY unemployment - Suhaimi Ilias 11:31 - MY 2Q GDP - Suhaimi Ilias 12:49 - MY post-state elections - Suhaimi Ilias 14:28 - CN easing? - Erica Tay 17:00 - PH 2Q GDP - Zamros Dzulkafli 19:27 - PH monetary - Zamros Dzulkafli 20:06 - ID 2Q GDP - Brian Lee 22:35 - ASEAN stocks - Anand Pathmakanthan 24:10 - MY industrial plan - Anand Pathmakanthan 25:59 - MY plantation - Ong Chee Ting 28:56 - KL-SG high speed rail - Ong Chee Ting 31:33 - Shipping - Loh Yan Jin

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 - Brian Lee 16:33 - ID GDP - Brian Lee

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 the full conversation with other analysts at Maybank, go to the latest Weekly Briefing episode on ASEAN Speaks.

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 Pathmakanthan 12:36 - ASEAN e-mobility - Jigar Shah 16:56 - Fed hike - Suhaimi Ilias 19:44 - CN property - Erica Tay 23:13 - ID interest rate - Brian Lee 24:43 - SG downturn - Chua Hak Bin 25:59 - BOJ interest rate - Saktiandi Supaat 28:38 - SG REITs - Krishna Guha Producer: Noelle Lim, Maybank IBG

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.