Weekly Briefing: ID GDP & Elections; TH Digital Wallet Splash; Central Bank Moves
Description
Is China’s economy propped up by policy support or demand? In the other large economy, Indonesia - GDP growth moderated to the lowest since the third quarter of 2021. Will growth be firmer towards the end of the year and in the lead up to the presidential elections in 2024? Meanwhile in Thailand, the Prime Minister had announced its largest stimulus in the form of cash handout via the digital wallet.
00:29 - Roundup - Suhaimi Ilias
06:49 - CN trade, GDP - Erica Tay
13:33 - PH GDP, interest rate - Zamros Dzulkafli
17:30 - ID GDP - Brian Lee
21:17 - Policy actions, reserves - Saktiandi Supaat
28:27 - PH equities - Rachelleen Rodriguez
31:45 - TH equities - Chan Reungsinpinya
Producer: Noelle Lim, Maybank
Despite inflation creeping up, exports and industrial output see strong growth – Vietnam’s May economic data shows that hope shines bright for its Q2 GDP growth. Brian Lee, economist at Maybank Securities, shares his take on the numbers.
Published 06/05/24
While year-to-date SET is down almost 5%, Chak Reungsinpinya, Head of Equity Research Thailand, Maybank Investment Banking Group, maintains year-end index target of 1,600 – a 17% upside from the index current level. He shares his note of confidence.
Published 05/30/24