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Philippines: Inflation loses traction in June – UOB

Philippines: Inflation loses traction in June – UOB
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Record growth in April manufacturing sales due to better domestic, global demand, say economists | Money

KUALA LUMPUR, June 12 Economists believe that the improving domestic and global demand drove Malaysia to post the highest growth in manufacturing sales, at 72.5 per cent year-on-year (y-o-y), in April 2021. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the economy was.

Malaysia: Foreign demand for domestic bonds lost traction in May – UOB

6/11/2021 10:15:40 AM GMT | By Pablo Piovano Foreign inflows into the Malaysian debt market seems to have lost some momentum in May, according to Julia Goh, Senior Economist at UOB Group, and Economist Loke Siew Ting. Key Quotes “Malaysia recorded an eighth straight month of foreign portfolio inflows totalling MYR1.7bn in May (Apr: +MYR5.2bn). Although foreigners remained net buyers of domestic bonds, pace of inflows eased to MYR1.9bn (vs. Apr: +MYR6.4bn), marking the lowest inflows since Sep 2020. Foreigners remained net sellers of domestic equities of MYR0.2bn (vs. Apr: -MYR1.1bn).” “Bank Negara Malaysia’s foreign reserves rose by USD0.1bn m/m or USD3.3bn year-to-date to USD110.9bn as at end-May, the highest level since Dec 2014. The latest reserves position is sufficient to finance 8.4 months of retained imports and is 1.1 times total short-term external debt.”

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