29 April, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Sofea Azahar, Economist, CIMB Research and Economics
HIGHLIGHTS March 2019 industrial production The IPI contracted by 4.8% yoy in March due to declines in all clusters except for biomed, transport engineering and general manufacturing. External headwinds and benign core inflation risks
29 April, 2019
Photo credit: Reuters TRADE, ECONOMY, AND INVESTMENT CAMBODIA, THAILAND Cambodia and Thailand re-open cross-border rail link after 46 years (22 April 2019) Thai Prime Minister Prayut Chan-o-cha and Cambodian Prime Minister Hun
29 April, 2019
Photo credit: Xinhua News Agency Economy, Investment and Trade ASEAN leaders head to Beijing for the Belt and Road Forum on April 25-27 (22 April 2019) All 10 ASEAN heads of state
18 April, 2019
Photo credit: Fresh News TRADE, ECONOMY, AND INVESTMENT VIETNAM, CAMBODIA Vietnam agrees to sell an additional 50MW of electricity to Cambodia (15 April 2019) Vietnamese Prime Minister Nguyen Xuan Phuc has agreed
17 April, 2019
Photo credit: AP Photo Economy, Investment and Trade Malaysia and China revive rail link project on a revised US$10.7 billion budget (15 April 2019) Malaysian Prime Minister Mahathir Mohamad announced on April
16 April, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Sofea Azahar, Economist, CIMB Research and Economics
HIGHLIGHTS MAS monetary policy review MAS kept its monetary policy stance unchanged today as real GDP growth eased to 1.3% yoy in 1Q19 amid accelerating headwinds in manufacturing MAS expects 2019F GDP growth slightly
12 April, 2019
HIGHLIGHTS February 2019 industrial production IPI growth undershot expectations at 1.7% yoy in February While slower growth in manufacturing growth tallied with our expectations, the 5% contraction in mining output threw our forecasts off
11 April, 2019
Photo credit: Bangkok Post TRADE, ECONOMY, AND INVESTMENT THAILAND, CAMBODIA Thailand and Cambodia to officiate new rail link connecting both countries (5 April 2019) Thai transport minister Arkhom Termpittayapaisith announced that Thailand
10 April, 2019
Photo credit: The Star Economy, Investment and Trade Malaysia’s ECRL deal with China could include palm oil buy (8 April 2019) Ongoing re-negotiations of Malaysia’s Chinese-backed East Coast Rail Link (ECRL) project
8 April, 2019
HIGHLIGHTS Inflation to tick-up but stay manageable Vietnam registered a trade deficit of US$768m in February due to negative growth of 3.3% in exports. An upswing in domestic manufacturing compensated for the setback in