15 May, 2019
By Lim Yee Ping, Economist, CIMB Research and Economics and Michelle Chia, Economist, CIMB Research and Economic
HIGHLIGHTS 1Q19 balance of payments The 1Q19 current account deficit (CAD) improved to US$7.0bn/2.6% of GDP, the smallest since 2Q18, though it fell short of our expectation. We raise our CAD forecast to US$29.6bn/2.7%
14 May, 2019
HIGHLIGHTS March 2019 industrial production PI growth rebounded to 3.1% yoy in March as the drag on mining diminished. Seasonal demand and illicit tobacco crackdown helped offset weakness in the construction and electrical &
10 May, 2019
By Lim Yee Ping, Economist, CIMB Research and Economics and Michelle Chia, Economist, CIMB Research and Economic
HIGHLIGHTS 1Q19 GDP growth 1Q19 real GDP growth came in slightly below expectation at 5.1% yoy on slowing investment activity and the drag from inventory contribution. We raise our 2019 GDP growth forecast by
9 May, 2019
HIGHLIGHTS May Monetary Policy Committee – Overnight Policy Rate cut by 25bp OPR cut by 25bp to 3.00% against our expectations of a hold in May. Tightening domestic financial conditions and concerns over downside
9 May, 2019
Photo credit: The Nation TRADE, ECONOMY, AND INVESTMENT THAILAND-CLMV EXIM Thailand to continue supporting Thai SME expansion to CLMV markets (3 May 2019) Export-Import Bank of Thailand (EXIM Thailand) president Pisit Serewiwattana
8 May, 2019
Photo credit: Reuters Economy, Investment and Trade Cambodian rice exports to China rise following EU tariffs (6 May 2019) Cambodian rice exports to China increased by 45.6% in the month of February
7 May, 2019
HIGHLIGHTS March 2019 trade Trade performance in Mar exceeded expectations as milder-than-expected declines in exports and imports lifted the trade surplus to RM14.4bn. A US-China trade deal, recovery in regional manufacturing activity, and stronger
6 May, 2019
By Lim Yee Ping, Economist, CIMB Research and Economics and Michelle Chia, Economist, CIMB Research and Economic
HIGHLIGHTS 1Q19 direct investment realisation Total realised investments fell 2.8% yoy to US$13.4bn in 1Q19 as the gains in the tertiary sector were insufficient to offset declines in other sectors. We expect investments to
2 May, 2019
Photo credit: AFP TRADE, ECONOMY, AND INVESTMENT CAMBODIA, MYANMAR Myanmar State Councillor visits Cambodia to boost bilateral ties (1 May 2019) Myanmar State Councillor Aung San Suu Kyi arrived in Cambodia on
30 April, 2019
Photo credit: Xinhua Economy, Investment and Trade Cambodia, China ink nine agreements during the Belt and Road Forum (28 April 2019) Cambodian Prime Minister Hun Sen and his delegation signed nine agreements
