Structural features underpin Malaysian Islamic banks' resilience against coronavirus fallout: Moody's
A concentration on retail financing and other structural features will help Malaysian Islamic banks withstand economic disruptions caused by the coronavirus outbreak, said Moody's Investors Service in a new report.
Sukuk issuance set for 5% decline after 4 years of growth: report
Regardless, Moody's is expecting rapid growth in sukuk issuance over the the longer term
Indonesia's Q2 GDP contraction draws mixed views from economists
A 1 to 1.3 per cent contraction for the full year appears likely, according to economists
Asean PMIs show normalisation but far from sustained recovery: Barclays
Confidence about the business environment in the near-term remains low, Barclays said.
Reforms urged to keep Asean connected and competitive
Suggested practices include a better payment connectivity, and a removal of investment restrictions in sectors such as manufacturing, agriculture and mining.
Vietnam banks buck the trend as regional lenders struggle with profit risks
Vietnam has been lifted by a mix of a favourable demographic structure and income growth.
Business group urges Asean-level effort to curb plastic waste
A circular approach to waste could lower costs, create jobs, and boost trade and investment, the group suggested in a statement.
Filipino firms still willing to spend on information technology
MORE businesses in the Philippines are ramping up investments in information and communications technology (ICT), despite the challenges of the Covid-19 pandemic.
Indonesian mining sector to bank on refined metals for growth
Refined metal shipments are set to overtake coal and unprocessed ore, as Indonesia’s mining exports move up the value chain, according to forecasts in a Fitch Solutions report.
SMEs in Indonesia most confident of surviving Covid-19: survey
The survey, by HP, covered 1,600 SMEs over eight Asian countries
Malaysia's approved investments in 2020 likely to halve from 2019: UOB
Approved investments fell 34 per cent year on year in the first quarter, amid the Covid-19 pandemic
Indonesia industrial estates to gain from Japan factory relocation: report
Japan's government has set aside 23.5 billion yen for firms moving their production out of China to South-east Asia
Cambodia, Myanmar, Vietnam to gain most from apparel shifts: Report
As China reduces its apparel manufacturing operations, its neighbouring countries have high growth potential, said a Fitch Solutions report
Eight in 10 firms expect Covid-19 to change business models: survey
In a survey of 4,500 firms across Asean, only 1 per cent thought a return to "business-as-usual" would be possible
Vietnam to see quick rebound, 2.3% growth in 2020: report
This is thanks to its effective containment of Covid-19
Thailand hits trough in Q2 but recovery to be drawn out: DBS
DBS's full-year growth forecast for the country has been lowered to -7.5 per cent, down from -5.5 per cent earlier.
Indonesian consumers bursting with pent-up demand: Poll
The post-coronavirus outlook is sunny for discretionary spending, especially on lower-ticket items such as clothes and skincare products, a survey has found.
Shampoo is big business in Indonesian haircare market
Sales of shampoo alone made up half of Indonesia’s 17.3 trillion rupiah (US$1.2 billion) haircare product market in 2019.
Business group urges new public finance tools amid virus crisis
Other longer-term proposals include blended public-private capital structures and disaster risk financing.
Malaysian gaming unlikely to bounce back fully in 2021: Report
A V-shaped recovery may be no guarantee, one analyst said.
Electronics strength to fuel Asean exports in post-Covid trade
Vietnam, Singapore and Malaysia will likely notch strong export growth after the coronavirus crisis is over, according to a new report on the trade outlook for Asia.
Limited market boost from Vietnam telco network-sharing: Report
State-linked operators still have the upper hand in the market, according to analysts.
Tourism slump to weigh down Thailand economy for years: Report
Citi analyst Nalin Chutchotitham expects economic activity to rebound to 2019 levels only in mid-2022.