ASEAN Speaks

Here is the highlight from our Weekly Briefing. The election results in Thailand show that the Move Forward Party is leading, with Pheu Thai a close second so far. What are the implications for the economy and markets? Winson Phoon, Head of Fixed Income Research, speaks with Lee Ju Ye, our economist, and Chak Reungsinpinya, Head of Equity Research in Thailand. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks. Producer: Noelle Lim, Maybank IBG

Bringing you the latest highlights about ASEAN - economic data in China, Malaysia and the Philippines; Singapore bank earnings; Thailand’s election results; and the impact of geo-economic fragmentation as President Joe Biden signs an executive order this week to further limit tech investments in China.  00:32 - Roundup - Winson Phoon 03:57 - TH elections - Lee Ju Ye 07:17 - TH markets - Chak Reungsinpinya 09:37 - MY GDP - Suhaimi Ilias 14:14 - PH GDP - Zamros Dzulkafli 17:59 - China economy - Brian Lee 22:10 - Geoeconomic fragmentation - Chua Hak Bin 26:36 - SG banks - Thilan Wickramasinghe

In the highlight of our Weekly Briefing, we discuss what markets are pricing in, and data to look out for this week that is more important than the CPI. Chua Hak Bin, Co-Head of Macro speaks with Winson Phoon, Head of Fixed Income Research. For the full conversation with other analysts, go to this week's episode on Weekly Briefing.

A range of issues from the Fed and Bank Negara Malaysias’ move to raise interest rates by 25 bps, as well as our revisions to major currencies outlook, and our ASEAN including Singapore REITs and Vietnam strategy. 00:22 - Roundup - Chua Hak Bin 02:08 - Fed policy rate - Suhaimi Ilias 05:14 - Fed fund futures - Winson Phoon 08:24 - MY OPR - Suhaimi Ilias 11:19 - MY GDP - Suhaimi Ilias 12:28 - ID GDP - Lee Ju Ye 14:56 - Currency revisions - Saktiandi Supaat 19:25 - ASEAN picks - Anand Pathmakanthan 23:03 - SG REITs - Krishna Guha 25:19 - VN strategy - Hoang Huy

The highlight from our Weekly Briefing is the looming US debt ceiling crisis. Over the weekend, Janet Yellen had warned that the US Treasury could run out of cash by 1st of June. Chua Hak Bin, Co-Head of Macro discusses with Saktiandi Supaat, Head of Forex Research on the possible scenarios ahead. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

Over the weekend, JP Morgan announced that it will acquire First Republic Bank. And Janet Yellen said that the US Treasury could run out of cash by 1st of June and will have to raise the debt ceiling. We expect the process to be prolonged due to political differences, and expect market choppiness. We also review if the dust has settled for AT1s following Credit Suisse’s write-off last month. 00:31 - Roundup - Chua Hak Bin 03:11 - AT1 bonds - Winson Phoon 05:10 - AT1 & MY banks - Winson Phoon 07:22 - AT1 legal suit - Winson Phoon 08:23 - MY inflation, interest rate - Zamros Dzulkafli 11:52 - US debt ceiling - Saktiandi Supaat 16:36 - Currency shields - Saktiandi Supaat 20:11 - ASEAN picks - Anand Pathmakanthan 23:39 - VN economy - Brian Lee 26:54 - VN banks, property - Quan Trong Thanh 31:17 - PH property - Miguel Sevidal

The highlight from our Weekly Briefing is whether the US dollar would end its dominance by the end of this decade, and the emerging beneficiary as central banks re-balance their currencies portfolio. Chua Hak Bin, Co-Head of Macro, speaks to Suhaimi Ilias, Group Chief Economist. For the full conversation with other analysts, go to the latest Weekly Briefing episode on ASEAN Speaks.

We kick off our conversation if the US dollar will end its dominance by the end of this decade. We also make sense of the economic data that was released in China, Malaysia and Singapore, and beneficiaries of Chinese tourists visiting ASEAN.  00:21 - Roundup - Chua Hak Bin 03:20 - USD vs CNY dominance - Suhaimi Ilias 10:47 - MY GDP - Suhaimi Ilias 12:37 - China GDP - Brian Lee 16:31 - SG GDP - Lee Ju Ye 19:14 - Cambodia GDP - Brian Lee 21:23 - ASEAN tourism - Samuel Yin 24:14 - PH banks - Rachellen Rodriguez 26:39 - CPO outlook - Ong Chee Ting Producer: Noelle Lim, Maybank IBG

In this episode, we take a closer look at the ambitious goal of "Improving the lives of 1 million households across ASEAN by 2025," as seen through the lens of Maybank. Chief Sustainability Officer Shahril Azuar Jimin expands on this goal as well as outlines Maybank’s mission of “Humanising Financial Services”. Speaking with our guest, is esteemed moderator and interviewer, Nadia Azmi. Here’s what you will learn: Maybank's mission to "Humanise Financial Services" has driven us to identify the needs of the communities in ASEAN. Through the goal of improving the lives of 1 million households across ASEAN by 2025, various initiatives and programmes were launched to promote financial literacy and inclusion. By incorporating ESG factors as well as the UN Sustainable Development Goals into our operations and decision-making, we are committed to being transparent and accountable in our sustainability journey. The ‘coffee shop bank’ is set to be a driving force for good in the ASEAN region. Check out other amazing stories by listening to our show, ‘The Social Circle’ on ASEAN Speaks by Maybank. Thank you for joining us on our journey to learn about the goodwill of others.

In this insightful episode, we explore the innovative concept of social enterprise; a model that combines the noble intention of doing good with the practicality of sustaining a living. Host Sam Yeow is joined by Kim Lim, the Co-Founder of Pichaeats which provides food delivery services with dishes cooked by refugees. We discuss the unique challenges and opportunities that social enterprises face, highlighting how they balance profit and purpose while advocating for the causes they support. Here’s what you will learn: Understanding the Social Enterprise model: We provide an in-depth look at this hybrid approach that merges business and karmic impact, explaining how it offers a sustainable way to give back to the community. The hidden challenges of social enterprises: We delve into the lesser-discussed challenges faced by social enterprises, including defining 'profit,' recognising different scales of impact, and their role as advocates for the causes they support. Balancing good and business: We explore the complex process of navigating the balance between purpose and profit in social enterprises, discussing strategies for success and long-term sustainability. Listen to the inspiring story from ‘The Social Circle’ on ASEAN Speaks by Maybank.