ASEAN Speaks
ASEAN Speaks by Maybank presents conversations with market analysts and thought leaders across Southeast Asia on topics covering equities, fixed income, forex, economics, sustainability, and current affairs that impact regional markets.
Latest episodes
Nov 15, 2021 • 22min
Is Inflation Transitory or Here to Stay
01:30 - The signposts to watch if inflation is transitory
07:00 - BoT holds policy rate and its view on energy markets
08:40 - Philippines: ASEAN’s fastest growing market in 2022
11:50 - Philippines equity strategy
14:28 - Is COP26 the biggest finance greenwash event in history?
18:50 - Maybank’s CPO price upgrade
Nov 8, 2021 • 22min
Good Jobs Report, Good Times for Stocks
01:04 - FOMC gets on with taper program
04:13 - ASEAN credit markets’ drip test
13:45 - Vietnam’s economic metrics back in growth mode
16:58 - ASEAN market strategy
18:57 - Singapore banks 3Q review
Nov 2, 2021 • 27min
Malaysia Budget 2022
01:17 - Malaysia Budget 2022 Review
07:09 - Budget implications on credit markets
10:23 - Budget impact on Malaysia equity market
15:06 - Energy prices and FX markets
18:05 - Malaysia aviation sector
22:52 - Thai property sector
25:48 - Mega Lifesciences initiation
Oct 25, 2021 • 20min
Energy Stocks Surge
Anand Pathmakanthan speaks on the 3Q earnings season to date and how funds flow is rotating. MKE’s energy research team has revised Brent crude assumptions to US$75/bbl for 2022 and discuss scenarios for an energy super cycle. Indonesia, Thailand and Singapore banking sector is flush with liquidity - is loans growth finally back on track?
Oct 18, 2021 • 14min
ASEAN Speaks Highlights: CPO markets rally on commodities boom
What are the signposts to watch now that CPO markets have rallied above MYR5000/mt? Monetary Authority of Singapore tightens S$NEER policy band slope earlier than expected. MKE’s Philippines’ banks research team shares their best picks given that loans growth data has troughed with evidence of activity pickup.
Oct 11, 2021 • 11min
Energy & Commodity Prices Stay Elevated
Kaushal Ladha briefs on this energy cycle’s supply shock. Key reforms to go green in the 12th Malaysia Plan will also give CPO planters a tailwind for higher pricing power. Vietnam risks falling into a technical recession, is the silver lining in the skies?
Sep 27, 2021 • 22min
A Teflon Stock Market
China Evergrande (3333 HK) has missed bond interest payments as of last week. Will this event spiral into a contagion? The Fed will officially kick off the asset purchase tapering at the next FOMC meeting in November, Suhaimi Ilias discusses the implications on ASEAN central banks. Thailand’s banking sector turned in strong performances last week on SCB’s restructuring announcement; time to pay attention to banking laggards.
Sep 20, 2021 • 18min
ASEAN banks to bite the bullet
Asian governments prefer a dovish fiscal stance vs the hawks in US and Europe. Malaysia’s Ministry of Finance has instructed banks to waive interest on loans under moratorium with immediate effect while Bank Indonesia is forcing banks to boost loan disbursement to MSMEs.
Sep 13, 2021 • 21min
SEA Ltd - Southeast Asia’s Digital Champion
Could ECB’s recent recall of its pandemic monetary support pressure the US Fed to signal tapering by Sep? MKE’s portfolio strategist presents his case for improving sell-side sentiment for ASEAN equity markets and his convictions why downside will be limited even in the event of taper tantrums. MKE has just initiated coverage on Singapore-based SEA Ltd with a buy call.
Sep 7, 2021 • 23min
Will ASEAN Cyclicals Sustain their Momentum
US non farm payrolls missed consensus expectations by a long shot stoking stagflation fears. Will Malaysia's maiden pre-budget meeting boost investor confidence in how the country manages its finances. MKE's Malaysia banks analyst Desmond gives the lowdown on Malaysia banks and his positioning strategy. With China's slowdown, MKE's FX head Saktiandi discusses about the risk of RMB devaluation.
