Moody’s Investors Service said recently that its Asian Liquidity Stress Indicator (ALSI) remains elevated as liquidity remains weak for 45 of 138 rated high-yield companies. The ALSI measures the percentage of high-yield (HY) companies with Moody’s weakest speculative-grade liquidity score (SGL-4) as a proportion of the total number of corporate family ratings, the credit rating […]
Read MoreThe reflation trade has been gathering momentum again in recent weeks as shown by rising U.S. Treasury yields and increasing inflation expectations. That may spell trouble for bonds in Indonesia and Malaysia. The two debt markets are among the most at risk in emerging Asia from climbing U.S. yields that typically accompany periods of reviving growth, according […]
Read More“E-MONEY” and interbank transfers are duking it out in the region, as their growth outstrips that for debit and credit cards, a report projected on Thursday. Card payments declined in 2020, with transactions having shrunk as retail activity dimmed during Covid-19 and banks slowed card issuances. Amid stiff competition, tech firms are now turning from […]
Read More[KUALA LUMPUR] Malaysian budget carrier AirAsia Group’s travel, e-commerce and fintech unit airasia.com is in partnership talks with several Middle Eastern and European airlines, its chief executive officer (CEO) said on Wednesday. Airasia.com CEO Karen Chan said the company was working on selling more flights on the online platform. “Apart from just selling AirAsia flight […]
Read MoreDESPITE ongoing supply-chain shifts into South-east Asia, the Asean economies that have been key beneficiaries will still be hard-pressed to compete with mainland China. That’s as Malaysia, the Philippines, Thailand and Vietnam remain focused on low to mid-value-added segments, according to a new report from ANZ on Wednesday. To be sure, the analysts found that […]
Read MoreSOME key Asean states are expected to underperform regional growth this year, with analysts citing local Covid-19 outbreaks as hurdles to economic recovery. Nomura watchers have tipped the Asean-4 economies of Indonesia, Malaysia, the Philippines and Thailand to lag behind China, India, South Korea and Singapore in the rebound from a pandemic-induced downturn. Among the […]
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