Maybank’s Post

Maybank Investment Banking Group is honoured to have been invited by the Fund Managers Association of the Philippines (FMAP) to present our ASEAN economic outlook at their annual convention. Here are some insights of what our Regional Co-Head of Macro Research Hak Bin Chua shared. #PhilippinesEconomy #PhilippinesGDP #ASEANOutlook #ASEANInvestmentBank

In addition to our wins for Malaysia at The Asset Triple A, Sustainable Finance Awards 2024, Maybank also won seven accolades across Singapore, Indonesia, Vietnam, Thailand, and the Philippines. These wins stand as a resounding testament to Maybank’s dedication in championing regionalisation and the growth of ASEAN. Deepest gratitude to our clients, teams and partners on this achievement. Well done! #HumanisingFinancialServices #ASEANbank #AdvancingASEAN

Export-oriented ASEAN economies such as Malaysia, Singapore and Vietnam have been benefiting from the rebound in global goods demand, particularly electronics. This recovery however could be dampened by China's excess capacity, industrial push, and low prices, amidst evolving US trade barriers targeting Chinese goods. Erica Tay, an economist at Maybank Investment Banking Group discusses her predictions on Maybank’s ASEAN Speaks podcast 🎧 https://maybank.my/4aB2yNl. #ChinaMacro #ASEANExports #MaybankIBG

Catch Nor Fazlina, CEO of Maybank Trustees Berhad and Wong Shou Ning on BFM 89.9 - The Business Station as they uncover essentials and misconceptions around estate planning, the unique challenges women face when making a will, as well as provisions under the Mental Capacity Act and its implications on financial planning. Wondering how trusts differ from wills? How to plan for minors in your care? The myths around Faraid? Tune in to learn about these and much more at https://maybank.my/3vNzp2h Got a question or need assistance to plan your estate? Email mtb.bd@maybank.com

The backbone of our economy: 1.2 million Malaysian SMEs. Their success hinges on strategic decisions in capital investment, marketing, and distribution. Maybank recognises this complexity. That's why we offer myimpact SME - a solution designed to empower & equip SMEs with the necessary solutions for industry leadership. Read our in-depth conversation with Maybank's Syed Ahmad Taufik Albar in The Edge to delve into supporting this crucial sector. #HumanisingFinancialServices

Maybank is proud to announce that it has bagged 15 The Asset Triple A, Sustainable Finance Awards 2024 in ASEAN, of which eight are for Malaysia. The Asset’s Triple A recognition represents one of the most prestigious accolades for banking and capital markets. Issuers and investors, who constitute the bulk of The Asset's readership base, are consulted in a competitive process. Thank you to clients for your vote of confidence, and congratulations to our teams and partners! #HumanisingFinancialServices #ASEANbank #AdvancingASEAN

Jigar Shah of Sustainability Research, Maybank IBG, is optimistic that while electric vehicle (EV) growth may be hitting speed bumps so far in 2024, ASEAN could see robust growth on the drive ahead. 🎧 Tune in to Maybank's ASEAN Speaks podcast on Spotify: https://maybank.my/49Gy3nV #sustainability #ElectricVehicles #EV #MaybankIBG #ASEANSpeaks

The higher-than-expected US inflation reading of 3.5% year-on-year, and heightened geopolitical risks in the Middle East, helped push safe-haven assets (namely the US Dollar and Gold) higher. The US Dollar Index closed above the 106-level for the first time since November 2023 while Gold reached a new 52-week high last week. Conversely, profit-taking in US equities saw the S&P500 and Nasdaq close the week lower by 1.56% and 0.45% respectively. The US Treasury 10-year yield climbed by 0.12% to close above the 4.50%-level as monetary policy easing expectations was pushed back slightly. Looking ahead, the Middle East conflict will remain in focus alongside key economic data releases including the US Core Retail Sales and Initial Jobless Claims, as well as China’s 1Q GDP results. Need advice? Visit https://maybank.my/3W2a67m to get started.

Wong Kok Hoong, Head of Equity Sales Trading, Maybank Securities, discusses how US bank earnings are impacting markets this week, and what it speaks of the broader US economy, with Hongbin Jeong on MONEY FM 89.3 Tune in here: https://maybank.my/3JgJCay #MarketOutlook #Investing #StockPicks #USBanks

Brian Lee Shun Rong spoke at “Navigating the Storm”, Association of Small & Medium Enterprises (ASME) Business Symposium, graced by Minister of State Zaqy Mohamad. Highlights from his sharing of Singapore’s economic outlook for 2024: ➡️ The Johor-Singapore Special Economic Zone (JSSEZ) should ease movement of people and goods, and enable companies and MNCs to tap into Johor’s abundant and cost-effective resources, bringing diverse opportunities across multiple sectors. ➡️ Manufacturing and trade-related sectors is expected to recover more broadly, driven by an electronics-led rebound in external demand. ➡️ Consumer-facing sectors will likely moderate with fizzling revenge spending, but the robust tourism recovery will provide some respite. ➡️ Inflationary pressures expected to moderate. However core inflation could remain sticky and elevated given hikes to taxes and administrative prices. #SingaporeSME #SingaporeEconomy #Economics #JSSEZ