Monetary and Financial Developments in April 2021
Monetary and Financial Developments in April 2021
Embargo : For immediate release Not for publication or broadcast before 1500 on Monday, 31 May 2021
31 May 2021
Headline inflation increased to 4.7% in April (1.7% in March).
The main contribution to headline inflation was from higher domestic fuel prices, following the low base last year (RON95 petrol prices April 2021: RM 2.05/litre; April 2020: RM 1.27/litre).
Headline inflation is expected to temporarily spike in the second quarter, and moderate thereafter as the base effect subsides.
Underlying inflation, as measured by core inflation, remained stable at 0.7%.
Exports grew at a faster pace in March
Exports expanded further by 31.0% in March 2021 (February 2021: 17.6%), driven primarily by robust manufactured exports. By destination, the expansion was supported by exports to China, the US and Singapore.
KUALA LUMPUR, May 31 All banks remained well-capitalised to withstand potential shocks and to continue supporting credit flows to the economy, Bank Negara Malaysia (BNM) said. The central bank said banks’ excess capital buffers amounted to RM124.2 billion as at April 2021. The.
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Asian Local Currency Bond Benchmark Review adds new category, Greater China, to reflect the latest market trend
17 May 2021 |
The Asset
Over 500 fixed-income investors have voted in this year’s Asian Local Currency Bond Benchmark Review. Among the most valuable individuals in research, sales and trading in the local currency bond markets, Becky Liu of Standard Chartered, Ferry Lisman of Citi Indonesia, Winson Phoon of Maybank, and Benedict Phua of Standard Chartered have all ranked first in their respective categories over the past five consecutive years.
Liu, who has ranked first in research in Hong Kong since 2017, comes first in this year’s newly created Greater China category. Lisman, the top flow trader in Indonesia at Citi, has ranked first for the past five years. Phoon, based in Singapore, came first in research for Malaysia for the fifth time since 2017. Phua, a dedicated Singapore dollar trader at Standard Chartered, has been the top flow trader in Singapore over
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