The Week that Was in ASEAN@Smartkarma - The Wheels of Business, Thai Bev, and Hospitals

Covid-19/ Deflation/ BRI/ Social Credit/ Everest

Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

<p>While many emerging market economies faced with an external debt blowout are scrambling to re-schedule debt with international creditors, that is not a problem Asia faces. In most of Asia balance of payments positions are improving, international reserves are rising, and external debt positions are getting more sustainable.</p>

While many emerging market economies faced with an external debt blowout are scrambling to re-schedule debt with international creditors, that is not a problem Asia faces. In most of Asia balance of payments positions are improving, international reserves are rising, and external debt positions are getting more sustainable.

DSP BlackRock Liquidity Fund (DSLQYDG IN)

FTSE Straits Times REIT Index (FSTREI INDEX)

Multiple Countries

Asia External Fundamentals Improve