Malaysia

• Malaysia to cut blanket fuel subsidies in second half of 2024.

• Anwar: Thailand landbridge will benefit Malaysia.

• MIER: 2024F GDP growth at 4.3%-4.6%, MYR at 4.40.

Singapore

• MAS: Higher interest rates, falling incomes key risks to household.

• Singapore companies, banks remain financially resilient even as borrowing costs rise.

• Singapore’s MAS introduces stricter regulations for digital payment token services.

Indonesia

• Carbon pricing progress hindered by fuel tax cuts.

• Emerging-market ETFs exceed $10bil of inflows this year.

• Indonesia Oct broad money supply rises 3.4% YoY.

Thailand

• South Korea interested in establishing virtual bank in Thailand.

• Thailand pushes for cargo ‘land bridge’ to boost world trade.

• Thailand’s 2023F GDP growth forecast of 2.7% to be lowered after weak 3Q.

Source: AmInvest Research - 28 Nov 2023