I
Ines Lam
2
APPEARANCES
2
PODCASTS
012
DEC 30
JAN 6
JAN 13
JAN 20
JAN 27
FEB 3
FEB 10
FEB 17
FEB 24
MAR 3
MAR 10
MAR 17
MAR 24
MAR 31
APR 7
APR 14
APR 21
APR 28
MAY 5
MAY 12
MAY 19
MAY 26
JUN 2
JUN 9
JUN 16
JUN 23
JUN 30
JUL 7
JUL 14
JUL 21
JUL 28
AUG 4
AUG 11
AUG 18
AUG 25
SEP 1
SEP 8
SEP 15
SEP 22
SEP 29
OCT 6
OCT 13
OCT 20
OCT 27
NOV 3
NOV 10
NOV 17
NOV 24
DEC 1
DEC 8
DEC 15
DEC 22
DEC 29
JAN 5
JAN 12
JAN 19
JAN 26
FEB 2
FEB 9
FEB 16
FEB 23
MAR 2
MAR 9
MAR 16
MAR 23
MAR 30
APR 6
APR 13
APR 20
APR 27
MAY 4
MAY 11
MAY 18
MAY 25
JUN 1
JUN 8
JUN 15
JUN 22
JUN 29
JUL 6
JUL 13
JUL 20
JUL 27
AUG 3
AUG 10
AUG 17
AUG 24
AUG 31
SEP 7
SEP 14
May 28, 2026
Under the Banyan Tree – Asia remittances: a quiet cost from the Gulf
3:33
3:49
3:56
4:03

Ines LamGUEST
Yeah, at the macro level, I think the impact on the exchange rate is quite significant because these economies, they have not very diverse export base.

Ines LamGUEST
But in the current environment, I believe that exports will slow because of a hit to globalisation.

Ines LamGUEST
And for Sri Lanka, they also have a large textile industry, which is very exposed to a slowdown in global growth.

Ines LamGUEST
A lot of them go to the Middle East, but I would imagine consumption in the Middle East was slow.
Asia remittances: a quiet cost from the Gulf
5:28
9:13

Ines LamGUEST
Uh, but for the Philippines, the impact of this is, again, relatively small because the Philippines, in fact, has a very diverse migrant base.

Ines LamGUEST
Uh, I see that quite a number of them are broadening or opening up their countries for more foreign workers to work in healthcare-