cambodia has been working to set up a meeting in february between all asean members. it seems to have suspended those measures. >>> officials at the world health organization say europe could soon see some much-needed calm. the region is still battling a record coronavirus surge but experts see hope. the w.h.o.'s regional director pointed to three key elements. the dominant omicron variant is less severe, high vaccination rates and widespread iections e boosting immunity and spring weather should slow transmission. >> this context leaves us with a possibility of a long period of tranquillity and a much higher levelf population defense against any resurge in transmission, even with a more violent virulent. >> he called this a pandemic cease-fire that could lead to enduring peace. he says that possible future is relying on people acting to protect themselves and others. the news comes as much of europe looks to ease measures. >> translator: i can say it is time to open up sweden again. the reason for today's message is that while the pandemic is not over, it has entered

i think the asean region, unlike north asia where covid lockdowns -- living in singapore there's a lots, reopening's are starting to ease and you take into consideration commodity exports, less focused on european trade, i think that a sean region has a lot of space to add today. haidi: does it impact your level of constructive miss when it comes to emerging markets? gareth: we've been talking about weakening china since october. we said even the first quarter would be tough. from an economic perspective, it still going to be challenging for china. participants are forward-looking, looking to win we see a turnaround in this dynamic and when we start seeing more support. now the real thesis for china is 2022 as a year of implementation. we think while regulations are changing, with think probably the worst of the regulations from a market perspective are behind us. losing easing is coming through. it's a very political year but we think there will be real focus this year on keeping that stability and that will be good for markets in china and good for the region. what's happening in eur

percentage of gdp are quite a bit lower than those of our peers, especially our neighbors in aussie on -- aseanght be the level of interest rates you are comfortable with? >> i can't addict that. essentially, we anticipate tightening and rate increases. we are not that worried, unless of course they start spiking abroad, but i think that is not likely. haslinda: is the philippine government intending to raise more funds overseas in 2022? >> yes, we are, but our plan for borrowings next year are basically going to depend are domestic market --our domestic market, and the philippines maintains a strong international presence by issuing global bonds in multiple hard currency markets, such as u.s., japan, and china. however, as i said, it will be around 75/25 in favor of the domestic debt market. haslinda: we are looking at sales. could you be more specific? >> in the immediate future, we are looking at issuing $500 billion in green bonds. again, we are waiting to see favorable market conditions for that. haslinda: earlier, you talked about the philippine debt. do you think the debt is sustainable?

. ♪ rishaad: as we look at asean ahead. key stories and data points we are watching.ok at indonesia's fourth quarter gdp figures due later monday. an expansion of 4.8% on the year come up from the previous quarter's 3.5%. in malaysia, central bank signaling it is not yet ready to withdraw. covid-19 infections there continuing to rise, topping 10,000 for the first time in four months. thailand leading to hold discussions on a travel bubble with china and malaysia. haslinda: property guru is a leader in southeast asia's online property market. they are gearing up to go public via a merger with a special purpose acquisition company. a blank check company. they will raise some $430 million in gross proceeds which will be channeled towards both organic and in organic growth. joining us for and expose it is coo hari krishnan. take us through the latest on your spac plans. why the delay? will it be completed this quarter? hari: good morning and thank you for having us. continued progress. we are very pleased with the process. we have been in operations 15 years and we have b

all is and always the aussie on equities -- asean equities doing well. >> let's get you a look at somewe are watching in terms of just the saga. hopefully coming to an end. we are seeing crowd trading after a trading halt was announced this morning. blackstone winning crown resorts with the takeover bid. now they will try to reform the troubled casino group as well as the deal giving james packer a clean exit from crown group as well. that $6.4 billion takeover offer has been accepted by the board. evolution mining we are watching, given we are in the thick of earnings season. that huge profitability boost has been expected when it comes to how commodities have been priced. evolution mining up by 8.0% -- 0.8%. regis resources as well. gold miners, amid worries about ukraine. let's get you to vonnie quinn. >> hong kong has reported a record 2000 for luminary positive covid-19 infections that threatened to overwhelm the health care system. according to authorities, the number of cases exceeds hospital capacity. the priority will be given to the elderly and children. the government also w

that will be an offset to as we do see the rate start to increase and expectation started increase in aseanill be significant. the pandemic has hit asia really hard. we are seeing that natural immunity start to come through. that heard level. we think the reopening will continue. haidi: when it comes to some of the -- of vietnam, are there still opportunities are you looking at pricing being on the loftier side? >> in vietnam, it has been a market we have liked for some time. that has been a market that has done well. the unfortunate part is despite being a strong performer, the valuation started at a decent level and even though they have increased a little, earnings growth has offset that. it is not quite as easy as it used to be. we do still see a lot of opportunity in the market and we think the growth will be very strong. shery: just earlier, we had our guest from olympus talking about growth in japan having been some dude the last few years. can we see some opportunities given the cyclical market desk cyclical recovery we are seeing? >> it is a market where we are think -- where we th