ASEAN Speaks
Episodes
Dominance of China's EV Supply Chain
03 Dec 2025
Contributed by Lukas
This episode is a deep dive into the real power shifts in China's EV supply chain and how competitive forces are shaping up in the battery chemist...
Banking on Resilience
10 Nov 2025
Contributed by Lukas
In this week's ASEAN Speaks, our host Thilan breaks down the key developments shaping Singapore’s markets as the US government shutdown nears re...
Momentum, Money & Markets
03 Nov 2025
Contributed by Lukas
The countdown to year-end has begun and markets are showing momentum. In this week’s episode of Market Monday, host Thilan breaks down the key mover...
Singapore Pulse: From Bank Earnings to Market Value-Up
27 Oct 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, Thilan Wickramasinghe, our Head of Research, introduces the 3Q25 Singapore banks outlook, and discussed &quo...
Exhaustion or Opportunity?
13 Oct 2025
Contributed by Lukas
In this week’s episode, Seng Yeow hosts, joined by Erica and Hussaini. Seng Yeow opens the discussion with the week’s key geopolitical and macro d...
ASEAN’s Digital Shuffle: Commerce, Banks, and Beyond
06 Oct 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, Hussaini Saifee, our TMT analyst, introduces the emerging concept of Agentic Commerce — what it means for ...
Singapore's Big Build
29 Sep 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, Singapore takes center stage with a construction boom that could reshape the economy. Our Macro Team forecas...
New Indexes, Fresh Insights: ComfortDelGro & Food Empire
22 Sep 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, out host Thilan unpacks the bullish momentum in Singapore's markets and the launch of SGX's new Ne...
Shopee, Starlink & Stocks
15 Sep 2025
Contributed by Lukas
In this week’s ASEAN Speaks, our host Thilan kicks off with the latest tailwinds driving Southeast Asia’s internet and telecom sectors.Hussaini, o...
Telcos, Taxis and Banks
08 Sep 2025
Contributed by Lukas
In this week’s ASEAN Speaks, our host Thilan looks at why Singapore continues to attract safe haven flows amidst regional uncertainty.Hussaini, our ...
Storm Clouds or Tailwinds?
01 Sep 2025
Contributed by Lukas
In this week's ASEAN Speaks, our host Thilan goes through the many tailwinds boosting Singapore's market.Brian comes in to talk about Singapor...
Tired of Tariffs
25 Aug 2025
Contributed by Lukas
In this week's episode Jarick Seet is stepping in for Thilan as today's host. Jarick opens today's episode by talking about how markets ar...
Singapore remains unfazed
18 Aug 2025
Contributed by Lukas
In this week's episode, Thilan highlights several stock picks amidst earnings seasons and a lot of tariff uncertainties as well as geopolitical is...
Post-National Day Sparks
11 Aug 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Thilan kicks off with Jarick, who shares his take on Venture and how changes in the tech sector dri...
Heads Up, Markets Up
04 Aug 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Thilan unpacks the STI’s rebound after a six-day losing streak, supported by signs that Singapore...
Riding the Bull into Results Week
28 Jul 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Seng Yeow welcomes Jarick to unpack MAS’s new $50bn EQDP programme and its potential to drive con...
Singapore For The Win
21 Jul 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Thilan breaks down the STI’s record-breaking 11-day rally—the longest in 20 years—and explore...
Cloudy with a chance of gains
14 Jul 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, our chief Economist, Hak Bin Chua talks about Trump tariffs, and what our region has in store in terms of ...
Blue Skies SEA-nario
07 Jul 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, our host Thilan paints the best-case scenario for ASEAN amidst all of Trump's uncertainties.Jarick our...
US Still Uncertain Singapore Stands Out
30 Jun 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, our host Thilan discusses upgraded STI targets and why he believes the index will break through the 4000 b...
Volatility is the only Constant
23 Jun 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, Singapore's Head of Research, Thilan Wickramasinghe gives us his take on his recent increase in target price f...
Focus Closer to Home
16 Jun 2025
Contributed by Lukas
In this week’s show our host Thilan discusses the MAS Equity Market Development Fund and the 18 screened stocks that we see benefits the most that h...
America Sells, ASEAN Diversifies
09 Jun 2025
Contributed by Lukas
Diversify, diversify, diversify! That is the name of the game. In today's episode, our host, Thilan bring us his review on our Macro Team's hi...
Local Plays Against Tariffs
02 Jun 2025
Contributed by Lukas
In today's episode of ASEAN Speaks, our host Thilan is joined by Krishna Guha our REITs analyst and Brian Lee our macroeconomist.Krishna goes thro...
Singapore's Safe Haven Potential
26 May 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Thilan reviews Singapore's Q1 GDP outperformance and unpacks selected safe-haven stock picks.Econom...
Easing Markets Despite Moody State
19 May 2025
Contributed by Lukas
In this week’s episode of ASEAN Speaks, our host Thilan unpacks Moody’s downgrade of the US credit rating and the market implications of easing US...
Post General Elections Amidst Earnings
05 May 2025
Contributed by Lukas
In this week's epsiode of ASEAN Speaks our host Thilan unpacks the implications of Singapore's General Election and what it means for market s...
Singapore-First Focus: Resurgence of the Domestic Economy
28 Apr 2025
Contributed by Lukas
In this week's epsiode of ASEAN Speaks our host Thilan dives deeper into our Singapore Strategy amidst tariff uncertainty, highlighting 40 stocks that...
Defending Against Tariffs: REITs and Singtel
21 Apr 2025
Contributed by Lukas
In today's episode of ASEAN Speaks, we dive deeper into the REITs sector which we believe is our best defensive pick in the ASEAN market. As well ...
Playing with the Tariff Switch: Trump's Indecisiveness
14 Apr 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, our host Thilan is joined by our Economist, Brian Lee to give us new insights on MAS’s policy easing and...
Crisis or Catalyst ? Navigating Trump Tariff Shocks
07 Apr 2025
Contributed by Lukas
In this week's episode of ASEAN SPEAKS, our host Thilan is joined by our Regional Equity Strategist, Anand Pathmakanthan, to unpack the equity imp...
Stock Picking Amidst Storms Brewing
24 Mar 2025
Contributed by Lukas
In this week's episode of ASEAN Speaks, our host Thilan invites our economist Chua Hak Bin to talk about the US's Liberation Day and how that ...
Market Overview and Equity Highlights
18 Mar 2025
Contributed by Lukas
In this episode, our host goes through an ASEAN Equity Overview of the ASEAN-6 (Singapore, Malaysia, Indonesia, Vietnam, Thailand and Philippines) don...
Potential Buys and China's Trade War Response
11 Mar 2025
Contributed by Lukas
In this episode of ASEAN Speaks, we are joined by 3 of our analysts will be talking about three key stocks that they believe will perform well in the ...
Sector Shifts: Seeking Shelters from White House Tantrums
05 Mar 2025
Contributed by Lukas
In this episode of ASEAN Speaks, we feature three of our analysts who give their opinions on some rating changes as earnings season is coming to a clo...
MAS and Markets: Policy Changes and Earnings
25 Feb 2025
Contributed by Lukas
In today's episode of ASEAN Speaks our host Seng Yeow briefly discusses on the shifts in the US market highlighting Alibaba's upcoming advantage with ...
Market Watch: Singapore Budget 2025 Expectations, DBS’s Next move, ISOTeam’s Upside
18 Feb 2025
Contributed by Lukas
In this week's edition of ASEAN Speaks we have Thilan Wickramasinghe discussing DBS's strong performance in results and loan growth in 2025.Br...
Markets in Motion: SGX Growth, Grab-Gojek Potential Merger and CICT Outlook
12 Feb 2025
Contributed by Lukas
In this week's edition of ASEAN Speaks we have Thilan Wickramasinghe discussing SGX's strong performance the past quarter and potential benefi...
Does DeepSeek Lead to Deep Trouble: Singapore Banks & Trump Tariffs
04 Feb 2025
Contributed by Lukas
In today’s edition, we discuss the return of safe haven assets as Trump’s tariff agenda pressures markets. With gold and oil rising, we explore wh...
Effect of Trump's Moves: ASEAN Highlights
28 Jan 2025
Contributed by Lukas
In today's edition, we discuss about the likely impacts of some of Trump's moves on several sectors in the ASEAN market. Fresh off our Hong Kong Marke...
Year of the Snake: Guide to Prosperity
21 Jan 2025
Contributed by Lukas
In this week's edition, we talk about our Feng Shui Guide to Prosperity as we usher in the Year of the Wood Sssnake. Discover how astrological pre...
Johor-Singapore Special Economic Zone: This Time Will be Different
14 Jan 2025
Contributed by Lukas
In this episode, we will be going through the newly signed JS-SEZ agreement and how Singapore's plan to invest money and policies behind it will make ...
Singapore's Market Horizon: Kicking Off 2025
07 Jan 2025
Contributed by Lukas
In our first 2025 podcast, we discuss whether Singapore can maintain its market momentum in 2025. Our Singapore economist, Brian Lee, shares his outl...
Singapore’s Market Wonderland: A 2024 Festive Review
17 Dec 2024
Contributed by Lukas
In this year's wrap-up of ASEAN Speaks we cover the key drivers that led to Singapore being the best performing market in Asia and how those drivers w...
SPECIAL EDITION: US Insights with Wedbush
10 Dec 2024
Contributed by Lukas
In today's special edition of ASEAN Speaks we start off with our SMIDs Analyst, Jarick Seet, giving us an insight into why SingPost deserves attention...
ASEAN's Next Big Moves
03 Dec 2024
Contributed by Lukas
As Asian shares decline for the second month due to Trump 2.0 policies and slow Chinese stimulus, there’s renewed hope in ASEAN markets. Our regiona...
Singapore’s Market Shake-Up
25 Nov 2024
Contributed by Lukas
Markets rebound as a data-packed week stirs volatility, with Singapore’s economy hitting an 11-quarter high alongside a surge in manufacturing numbe...
Shifting Sentiment and Strategic Rebounds
19 Nov 2024
Contributed by Lukas
As inflationary concerns loom, Asia remains optimistic after Xi-Biden talks. Amidst this optimism, Grab Holdings and Sea Limited are making waves. Our...
Return of Trump
12 Nov 2024
Contributed by Lukas
Trump’s comeback to the presidency has stirred up fresh waves of uncertainty. With inflation likely to rise, the Fed’s path to easing could face s...
Singapore Telcos and SMIDs Show The Way
05 Nov 2024
Contributed by Lukas
This week, our guest host, Jarick Seet, will take us through what we can expect from the Telco and SMIDs sector as we head off to the end of the year....
US Rate Curve and ASEAN Internet 3Q24 Preview
28 Oct 2024
Contributed by Lukas
In this weeks ASEAN Speaks, our guest host with the golden voice, Seng Yeow, bring along our resident Credit Analyst, Winson Phoon to shed light on th...
S-REITs Shakeup; Return of the MAC
22 Oct 2024
Contributed by Lukas
Third quarter results season kicks off this week, and all eyes are on S-REITs. With the current interest rate and FX environment, how might they impac...
China's Stimulus Tease and Singapore Banks
14 Oct 2024
Contributed by Lukas
Over the weekend, China's Ministry of Finance laid out fiscal measures to support the economy. However, no new fiscal stimulus quantum was given durin...
Hidden Heroes in ASEAN Markets
07 Oct 2024
Contributed by Lukas
This week in ASEAN speaks, we are joined by Kervin Sisayan following a 52-week high in the Philippine Market, with its central bank (BSP) hinting at a...
ASEAN Data Centre: Ride the multi-year data centre wave
28 Sep 2024
Contributed by Lukas
In the ever growing field of the data center industry, we speak with Maybank’s TMT specialist Hussaini Saifee, who expects data centre demand in ASE...
Penang: Malaysia's High Tech Powerhouse
19 Jun 2024
Contributed by Lukas
Wong Chew Hann, Head of Equity Research, Maybank Investment Bank, shares key highlights from the 2024 Invest ASEAN conference that put Penang at the f...
Dialing back on diesel subsidies
19 Jun 2024
Contributed by Lukas
Suhaimi Ilias, Chief Economist, Maybank Investment Banking Group, gives an update on Malaysia’s fiscal reforms so far, with comments on the latest d...
Vietnam is a bright spot
05 Jun 2024
Contributed by Lukas
Despite inflation creeping up, exports and industrial output see strong growth – Vietnam’s May economic data shows that hope shines bright for its...
The Thai market is set for smiles
30 May 2024
Contributed by Lukas
While year-to-date SET is down almost 5%, Chak Reungsinpinya, Head of Equity Research Thailand, Maybank Investment Banking Group, maintains year-end i...
Charting the Japanese yen
27 May 2024
Contributed by Lukas
Despite interventions, the JPY remains under pressure against the US dollar. What more can be done to strengthen the JPY and what’s the impact of a ...
China’s latest set of data tells a tale of fire and ice
23 May 2024
Contributed by Lukas
With accelerated industrial production growth and at the same time, a fizzling of consumer spending, what lies ahead for the Asian dragon? As well, wi...
Will StarHub and M1 become one?
21 May 2024
Contributed by Lukas
Maybank Securities’ analyst Hussaini Saifee says the merger could be a potential catalyst for growth for the telco sector in Singapore. He also give...
All eyes on the Johor-Singapore Special Economic Zone
16 May 2024
Contributed by Lukas
Chua Hak Bin, Regional Co-Head for Macro, Maybank Investment Banking Group, discusses how the Johor-Singapore Special Economic Zone will spur growth f...
How are ASEAN markets faring so far?
07 May 2024
Contributed by Lukas
Anand Pathmakanthan, Head of Regional Equity Research, Maybank Investment Banking Group, rounds up ASEAN equities’ performance over the past four mo...
Fed stays pat but for how long?
06 May 2024
Contributed by Lukas
The Fed left rates unchanged as widely expected, with chair Powell saying they need more confidence that the economy is on track and to meet the 2% in...
Johor-Singapore Special Economic Zone: Causeway to Opportunities
01 May 2024
Contributed by Lukas
Thilan Wickramasinghe, Head of Research, Maybank Securities, maps the themes, identifies the sectors, and picks the stocks that may be the biggest win...
Will China's industrial push hurt ASEAN exports?
17 Apr 2024
Contributed by Lukas
Erica Tay, economist at Maybank Investment Banking Group assesses the impact of China's industrial push on ASEAN exports at a time when ASEAN is s...
Future of EV
12 Apr 2024
Contributed by Lukas
Even as EV growth is forecasted for a slowdown in 2024 with weak Q1 2024 sales reported by leading EV companies, plus news that Apple has just put its...
Upward Thailand
09 Apr 2024
Contributed by Lukas
In this episode, Chak Reungsinpinya, Head of Research, Maybank Securities Thailand discusses what’s ahead for Thai equities amid challenges that the...
ESG is still alive and kicking
09 Apr 2024
Contributed by Lukas
Anand Pathmakanthan, Head of Regional Equity Research, Maybank Investment Banking Group, shares the latest global and ASEAN ESG developments and trend...
First dips into Thailand's gaming ambition
04 Apr 2024
Contributed by Lukas
Amid Thailand's bid to pass a bill that will legalise casinos, what's the scenario when the bricks are laid, and the impact on gaming companie...
FX reactions to Central Banks actions
02 Apr 2024
Contributed by Lukas
Saktiandi Supaat, Head of FX Research at Maybank, assesses currencies performances in the past easing cycles, putting in perspective how central banks...
Malaysia banks: yay or nay?
27 Mar 2024
Contributed by Lukas
Desmond Chng, Analyst, Maybank IBG, explains his positive outlook on Malaysia's banking sector and the stocks that he's maintaining buy calls ...
Macro Round-up
26 Mar 2024
Contributed by Lukas
Maybank IBG Regional Co-Head for Macro, Chua Hak Bin, re-caps how major central banks' interest rate policies last week, are moving markets. ...
First Sovereign Fund of the Philippines
19 Mar 2024
Contributed by Lukas
With a 125 billion peso capitalisation plan for the Philippines sovereign Maharlika Investment Fund in place, which sectors are the fund targeting and...
Opportunities in ASEAN equities
13 Mar 2024
Contributed by Lukas
Anand Pathmakanthan, Head of Regional Equity Research, Maybank Investment Banking Group, is optimistic on ASEAN markets for 2024. He shares his ideas ...
Nasdaq Exhaustion - Fight or Flight?
09 Mar 2024
Contributed by Lukas
Hosted by Thilan Wickramasinghe, Maybank Investment Bank Research speaks with Dan Ives, Managing Director Equity Research of Wedbush Securities on Nas...
Forex roundup of currencies in Asia
05 Mar 2024
Contributed by Lukas
Saktiandi Supaat, Head of Forex Research at Maybank explains how the weak economy and rising inflation are reasons behind his forecast revisions on th...
Indonesia Real Estate Sector - A Beneficiary of Prabowo Subianto’s Incoming Administration
26 Feb 2024
Contributed by Lukas
Rising disposable income, positive pre-sales guidance, and the incoming Prabowo-Gibran administration’s pledge to continue with Jokowi administratio...
Red Sea shipping crisis: Impact on Malaysia
16 Feb 2024
Contributed by Lukas
The Red Sea Crisis has caused significant disruption in global shipping and freight rates. Loh Yan Jin, analyst at Maybank Investment Banking Group, e...
SG Budget 2024 - what you need to know
13 Feb 2024
Contributed by Lukas
Brian Lee, economist at Maybank Securities, gives an update on how the Singapore economy has been faring so far this year, and how will Budget 2024 ad...
SG Budget Expectations
05 Feb 2024
Contributed by Lukas
Come 16 February, Singapore will be announcing Budget 2024. Chua Hak Bin, our regional co-head of macro, gives a preview on fiscal balance, possible m...
A fengshui take on wealth and romance
02 Feb 2024
Contributed by Lukas
Will the Dragon year be good for the economy from a fengshui perspective, and which zodiac animals will be lucky in love? Master Ken Koh from the Hous...
ASEAN Tourism Macro Outlook
23 Jan 2024
Contributed by Lukas
The latest Maybank thematic report on ASEAN tourism showed an underwhelming recovery of China tourist arrivals in 2023. What happened, and will the st...
S-REITS - Top 3 considerations for 2024
19 Jan 2024
Contributed by Lukas
Krishna Guha, REIT analyst at Maybank Securities, gives his picks for investors looking at the S-REIT space.
What can China policymakers do to turn the tide for growth?
18 Jan 2024
Contributed by Lukas
The latest set of China economic data sent shudders through the markets, with China-related stocks falling nearly 4 percent on Wednesday. Erica Tay, e...
Weekly Briefing: ASEAN Markets Catalysts
15 Jan 2024
Contributed by Lukas
The year started on a good note underpinned by policy thematics. Chua Hak Bin, our regional Co Head of Macro speaks to our analysts on their market ou...
Highlight: Asean markets to watch
15 Jan 2024
Contributed by Lukas
Some Asean markets are off to a positive start, what’s driving them and which markets are foreign investors looking to position in 2024? Anand Pathm...
Highlight: Malaysia Market Outlook and Strategy
08 Jan 2024
Contributed by Lukas
Wong Chew Hann, Head of Equity Research, Maybank Investment Bank, discusses the outlook and investment strategy for the Malaysian market.
Weekly Briefing: 2024 Asean Market Strategies
08 Jan 2024
Contributed by Lukas
What are some 2024 equity outlook and strategies for Asean markets? Suhaimi Ilias, our Chief Economist, speaks to our analysts from Singapore, Malaysi...
Highlight: 3 Main Themes for Singapore’s 2024 Economic Outlook
02 Jan 2024
Contributed by Lukas
Moving into 2024, Singapore’s economy sees green shoots in export and manufacturing, with overall recovery in Asean markets, says Chua Hak Bin, Mayb...
Weekly Briefing: 2024 Asean Economic Outlook
02 Jan 2024
Contributed by Lukas
In our first episode for 2024, our economists and analysts give an overview of their outlook for Asean economies – Singapore to Malaysia to the Phil...
Highlight: Petronas Spend Beneficiaries
04 Dec 2023
Contributed by Lukas
In this week’s highlight, Jeremie Yap, our analyst, outlines the beneficiaries of Petronas as it decides how to strike a balance between capital exp...
Weekly Briefing: CN’s Economic Plenum, ID Inflation Jump, SG Trends, PH Top Picks
04 Dec 2023
Contributed by Lukas
This week, we consider the reasons for China's delayed Economic Plenum, assess Indonesia's inflation jump, consider multi-year market trends i...
Highlight: Attractive Valuations - Malaysian Banks
27 Nov 2023
Contributed by Lukas
Malaysian banks are expected to deliver weaker second half earnings compared to the first half this year. Why and what’s our earnings forecast for 2...
Weekly Briefing: MY, SG, TH Macro, Banks, ID Equities
27 Nov 2023
Contributed by Lukas
As the year is concluding, we highlight our expectations for Malaysia's 2024 economic reforms amidst the runway to the next General Elections, whi...
Highlight: Indonesia Elections
20 Nov 2023
Contributed by Lukas
Indonesia’s general elections will take place on the 14th of February next year. Who is likely to win in what we expect to be a prolonged contest? B...
Weekly Briefing: China, Malaysia GDP; Biden-Xi; USD/Yuan
20 Nov 2023
Contributed by Lukas
Towards the year end, ASEAN markets are expected to do better on the back of more resilient economic data. Our analysts discuss this including the out...
Highlight: China In Fits & Starts
14 Nov 2023
Contributed by Lukas
In our highlight today, Erica Tay, our Economist discusses with Suhaimi Ilias on the outlook for China’s growth as export weaknesses continue while ...
Weekly Briefing: ID GDP & Elections; TH Digital Wallet Splash; Central Bank Moves
14 Nov 2023
Contributed by Lukas
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 thir...