Maybank’s Post

A new look at Indonesia’s growth: ✅ We have created a new growth tracker for Indonesia, which provides a quick monthly summary of economic activity momentum in sequential terms, and has successfully captured past turning points. 📝 We fit the tracker to a growth model and get a clearer sense of how fiscal spending, public debt, policy rates, and commodity prices impact growth prospects. 📽 Watch the animated video below to find why we need this and what matters for growth. So, what's the tracker saying NOW? HSBC Research clients can find out by reading our Indonesia Growth Tracker report, below. LINK 👉 http://grp.hsbc/6043gqFGz #HSBCResearch #Indonesia #Economics #Growth

📢 Key Insights from Bank Negara Malaysia's Economic and Monetary Review 2023 Bank Negara Malaysia (BNM) has released its Economic and Monetary Review for 2023, shedding light on the nation's economic landscape and future outlook. Here are the critical highlights: 🔹 Economic Growth: Malaysia's economy expanded by 3.7% in 2023, powered by robust domestic demand and a recovery in tourism despite global uncertainties. 🔹 Inflation: Headline inflation eased to an average of 2.5%, while core inflation stood at 3%, reflecting stable demand and controlled cost pressures. 🔹 Monetary Policy: The Overnight Policy Rate (OPR) was raised to 3.00% to balance growth support and inflation management. 🔹 Labour Market: Employment conditions improved, bringing the unemployment rate down to pre-pandemic levels, with high labour force participation and job growth. 🔹 Investment: Continued growth in private sector investments, particularly in information technology, electrical and electronics, and public infrastructure projects. 🔹 Tourism Recovery: A strong rebound in tourism activities, driven by the reopening of international borders, especially from China, significantly boosted the economy. 🔹 Global Trade: While global demand softened, impacting exports, the recovery in tourism helped mitigate some of these effects. 🔹 Financial Stability: The financial system remained resilient, with BNM's proactive measures ensuring liquidity and stability amidst global challenges. 🔹 Outlook for 2024: The economy is projected to grow between 4% and 5% in 2024, supported by continued domestic demand and an expected improvement in exports. Headline inflation is forecasted to average between 2% and 3.5%. 💡 Why It Matters: These insights underline BNM’s strategic efforts in maintaining economic stability and promoting sustainable growth. The proactive approach in monetary policy, investment in key sectors, and support for the labour market and tourism are crucial for bolstering Malaysia's economic resilience and long-term prosperity. Stay informed to make well-informed financial decisions! #BankNegaraMalaysia #EconomicGrowth #Inflation #MonetaryPolicy #FinancialStability #MalaysiaEconomy #TourismRecovery #Investment #LabourMarket #GlobalTrade #EconomicOutlook Source: https://lnkd.in/gqisfn9M

Malaysia has retained its ranking of 10th on the emerging markets list in this year’s FDI Confidence Index®, with its net investor optimism ranking rising 3 percent since last year. Growing technological #innovation capabilities and its strategic geographic location solidify #Malaysia’s position as a prime destination for investment within the emerging market landscape. Read the report to learn more about investor sentiment on Malaysia and other Southeast Asian countries. https://bit.ly/4cJudwG

Indonesia’s recent presidential election has sparked a surge in demand for exposure to the country. This is evidenced by the SGX FTSE Indonesia Index Futures hitting a record in Open Interest (2,205 contracts or $42m), bolstered by a robust month-on-month growth in Daily Average Volume (1,235 contracts or $23m).   As the powerhouse of Southeast Asia, boasting a GDP of over US$1.3 trillion (as of 2022), Indonesia has demonstrated remarkable resilience and steady growth since rebounding from the Asian financial crisis of the late 1990s. As the world’s fourth most populous nation, Southeast Asia’s largest economy, and one of the world’s top ten economies in terms of purchasing power parity, Indonesia’s potential can’t be ignored.   The SGX FTSE Indonesia Index Futures offers international investors an efficient gateway to this dynamic market. These contracts are quanto USD-denominated and are available for trading even during onshore holidays, providing up to 22 hours of trading that span across Asian, European, and U.S. time zones.   With the instrument’s deep liquidity available both On Screen and through Negotiated Large Trade (NLT), global investors are well-positioned to discover trading opportunities and tap into the vibrant economy of Southeast Asia’s largest player.   Ready to explore further? Speak with us today.   FTSE Russell, An LSEG Business | #SGXEquityDerivatives #EquityDerivatives #Derivatives #Futures #Indonesia #Trading

HSBC's Global Connection research reveals optimism in Indonesia's growth prospects. As the 16th largest global economy, Indonesia is a prime destination for ASEAN expansion. Rising domestic income and wealth make it highly attractive to businesses. Learn more. https://grp.hsbc/6048V2k4M #GlobalConnections

If you are in Jakarta on 8-9 Aug, you have the opportunity to be part of the conversation on sustainable Waqf practices, climate investments, and the role of digital assets in impact investing at the MSIUS 2024, where industry experts, scholars, and practitioners will converge to explore innovative and traditional approaches in Islamic finance. INCEIF will be represented by: Panel 2 - Assoc Prof Dr Maya Puspa Rahman examines how IF principles drive sustainable growth and address climate challenges with the topic `Financing Sustainable Development: The Convergence of Islamic Finance and Climate Action' Panel 3 - Assoc Prof Dr Ziyaad Mahomed will delve into `Digital Assets: Redefining Islamic Financial Instruments for Impact Investing' highlighting the transformative potential of digital assets in Islamic finance. Panel 4 - Associate Dean Prof Dr Aishath Muneeza will address `Regulatory Frameworks and the Future of Digital Islamic Finance for Financial Inclusion' focusing on how regulatory innovations can enhance financial inclusion through digital Islamic finance. 🗓️ Date: 8th & 9th August 2024 📍 Location: Jakarta, Indonesia 🇮🇩 🔗 Register Now: https://lnkd.in/diH94u3b #MSIUS2024 #IslamicFinance #Innovation #Sustainability #DigitalAssets #ClimateAction

Call for papers: We're pleased to announce that the 3rd ASB/CEPR/ERSA/ADB/CAMA/BNM and WB Workshop on Macroeconomic Policy in Emerging Markets will be taking in Kuala Lumpur, Malaysia at the Asia School of Business. This workshop is is dedicated to exploring and discussing research on the challenges to macroeconomic policy in emerging markets, the policy options available to them and the best ways to inform and monitor policy. We invite submissions on a broad range of topics related to macroeconomic policies in emerging markets. Among others, themes of interest are: * Conventional and unconventional monetary policy * Fiscal policy * Fiscal and monetary policy coordination * Spillovers from and to advanced economies * Debt sustainability and consolidation * Capital flow management policies * Macro-prudential policies * New data and new methods for policymaking in emerging markets * Exchange rate determination * Policy credibility * Distributional effects of policymaking Learn more: https://lnkd.in/dhMkUYG4 Don't forget to share this with or tag any colleagues that may be interested! Asia School of Business CEPR - Centre for Economic Policy Research Asian Development Bank (ADB) centre for applied macroeconomic analysis cama The Australian National University Bank Negara Malaysia The World Bank

Investment banks expect Malaysia’s economy to grow at 4.4-4.8 pct in 2024: KUALA LUMPUR,. Malaysia’s economy is expected to maintain its growth trajectory this year, at a faster rate of between 4.4 per cent and 4.8 per cent, according to investment banks. Maybank Investment Bank (Maybank IB) has maintained Malaysia’s 2024 real gross domestic product (GDP) growth forecast at 4.4 per cent, underpinned by resilient consumer spending, […] http://dlvr.it/T2xDXr

ICYMI: Investment banks expect Malaysia’s economy to grow at 4.4-4.8 pct in 2024: KUALA LUMPUR,. Malaysia’s economy is expected to maintain its growth trajectory this year, at a faster rate of between 4.4 per cent and 4.8 per cent, according to investment banks. Maybank Investment Bank (Maybank IB) has maintained Malaysia’s 2024 real gross domestic product (GDP) growth forecast at 4.4 per cent, underpinned by resilient consumer spending, […] http://dlvr.it/T2zhgx

HSBC's Global Connection research reveals optimism in Indonesia's growth prospects. As the 16th largest global economy, Indonesia is a prime destination for ASEAN expansion. Rising domestic income and wealth make it highly attractive to businesses. Learn more. https://grp.hsbc/6049VFCA9 #GlobalConnections