Navigating the Global Storm – an ASEAN Perspective

The Covid-19 epidemic has brought about a crisis unlike anything we have faced before. Times are uncertain, the economic outlook is hard to predict, and it remains unknown whether things could return to normal. On 21 April, 2020, AMCHAM had a topical webinar titled Navigating the Global Storm – an ASEAN Perspective. A collaboration with Standard Chartered Bank Malaysia Berhad, this was the first AMCHAM webinar to take place during the Movement Control Order. Over 50 attendees joined the session.

The speakers for this session are Edward Lee Wee Kok, ASEAN Chief Economist at Standard Chartered Bank Malaysia Berhad, Divya Devesh Head of ASA FX Research at Standard Chartered Bank Malaysia Berhad, and Cze Wien Lim Associate Director, Financial Markets at Standard Chartered Bank.

The speakers brought insight on how the events of the past weeks have impacted the economy, from Ringgit value to GDP growth and the impact on labour/employment. Since this is an unprecedented event, it is harder to make future predictions, but both speakers gave an idea on what the outcome could be especially if the lockdown is continued.

This webinar was also an interactive session with audience providing feedback on the current situation and future predictions as well as raising questions to the speakers.