Welcome to Your Week in Asia.   A Hong Kong court will consider a winding-up petition for troubled Chinese property developer Evergrande Group on Monday, while Philippine President Ferdinand Marcos Jr. arrives in Vietnam for a two-day official visit.   Pita Limjaroenrat and his Move Forward Party will face another Constitutional Court ruling on Wednesday after a favorable result for the opposition politician in a different case last week.   Thursday marks the third anniversary of the military takeover in Myanmar. Indonesia will hold the last round of debate for its presidential candidates on Sunday evening.   Get the best of our coverage of Asia and much more by following us on X, formerly Twitter, @NikkeiAsia.   MONDAY   Evergrande back in court Hong Kong's High Court will hear a winding-up petition for troubled Chinese property developer Evergrande Group. In December, lawyers representing the company put forward a new restructuring proposal, with the court urging Evergrande to work with creditors.   Marcos to Vietnam Philippine President Ferdinand Marcos Jr. embarks on his first state visit to Vietnam, in a bid to solidify relations between the two Southeast Asian neighbors. Both nations share maritime claims in the contested South China Sea, an area facing frequent security challenges from Beijing. The two countries are expected to sign an agreement on beefing up maritime cooperation in the face of rising tensions.   They are also set to sign an agreement on rice trade that would help the Philippines address supply concerns in times of crisis.   Monetary policy: Singapore   TUESDAY   Earnings: Canon, Alphabet   WEDNESDAY   China January PMI China's purchasing managers' index for January will come under scrutiny after factory activity fell to 49 in December, below the 50-point threshold that separates growth from contraction. Except for three months of growth, the PMI hovered below 50 last year amid subdued demand for industrial products.   Move Forward faces lese-majeste court verdict Thailand's Constitutional Court will rule on another case against opposition lawmaker Pita Limjaroenrat and his Move Forward Party. The complaint accuses the party of seeking to overthrow Thailand's system of constitutional monarchy through its signature policy of amending laws that criminalize royal insult. The court last week cleared Pita in a media shares case and reinstated him as a lawmaker, but legal experts say Wednesday's ruling could lead to the party's dissolution and a ban from political activity for Pita.   GDP: Philippines, Hong Kong, Taiwan   Earnings: Samsung Electronics   THURSDAY   India national budget Indian Finance Minister Nirmala Sitharaman is set to present an interim national budget just ahead of the country's general elections due in April-May. A full-fledged annual budget for the financial year starting in April will be unveiled once a new government is installed. Since Prime Minister Narendra Modi's Bharatiya Janata Party is widely expected to win its third straight five-year term, the interim budget is likely to strike a fine balance between populist measures and fiscal prudence.   Myanmar military takeover anniversary Feb. 1 marks the third anniversary of the Myanmar military seizing power and detaining elected national leader Aung San Suu Kyi. Since October, resistance forces have intensified attacks on military bases and outposts, while the military has hit back with airstrikes and artillery barrages. Clashes have spread throughout the country, including in Shan state in the north, Kayah state in the east, and Rakhine state in the west. A state of emergency that has already been extended four times expires at the end of January, but will possibly be renewed.   Earnings: Keppel, SGX   FRIDAY   Earnings: Mitsui, Panasonic   WEEKEND   Indonesian presidential debate Indonesia's three presidential candidates will face off in the fifth and final election debate on Sunday night ahead of the Feb. 14 vote. Topics to be discussed include education, health, manpower and information technology.	All Newsletters  |  View in browser
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	January 29, 2024

	Evergrande back in court, Marcos in Vietnam, Myanmar takeover anniversary Welcome to Your Week in Asia.   A Hong Kong court will consider a winding-up petition for troubled Chinese property developer Evergrande Group on Monday, while Philippine President Ferdinand Marcos Jr. arrives in Vietnam for a two-day official visit.   Pita Limjaroenrat and his Move Forward Party will face another Constitutional Court ruling on Wednesday after a favorable result for the opposition politician in a different case last week.   Thursday marks the third anniversary of the military takeover in Myanmar. Indonesia will hold the last round of debate for its presidential candidates on Sunday evening.   Get the best of our coverage of Asia and much more by following us on X, formerly Twitter, @NikkeiAsia.   MONDAY   Evergrande back in court Hong Kong's High Court will hear a winding-up petition for troubled Chinese property developer Evergrande Group. In December, lawyers representing the company put forward a new restructuring proposal, with the court urging Evergrande to work with creditors.   Marcos to Vietnam Philippine President Ferdinand Marcos Jr. embarks on his first state visit to Vietnam, in a bid to solidify relations between the two Southeast Asian neighbors. Both nations share maritime claims in the contested South China Sea, an area facing frequent security challenges from Beijing. The two countries are expected to sign an agreement on beefing up maritime cooperation in the face of rising tensions.   They are also set to sign an agreement on rice trade that would help the Philippines address supply concerns in times of crisis.   Monetary policy: Singapore   TUESDAY   Earnings: Canon, Alphabet   WEDNESDAY   China January PMI China's purchasing managers' index for January will come under scrutiny after factory activity fell to 49 in December, below the 50-point threshold that separates growth from contraction. Except for three months of growth, the PMI hovered below 50 last year amid subdued demand for industrial products.   Move Forward faces lese-majeste court verdict Thailand's Constitutional Court will rule on another case against opposition lawmaker Pita Limjaroenrat and his Move Forward Party. The complaint accuses the party of seeking to overthrow Thailand's system of constitutional monarchy through its signature policy of amending laws that criminalize royal insult. The court last week cleared Pita in a media shares case and reinstated him as a lawmaker, but legal experts say Wednesday's ruling could lead to the party's dissolution and a ban from political activity for Pita.   GDP: Philippines, Hong Kong, Taiwan   Earnings: Samsung Electronics   THURSDAY   India national budget Indian Finance Minister Nirmala Sitharaman is set to present an interim national budget just ahead of the country's general elections due in April-May. A full-fledged annual budget for the financial year starting in April will be unveiled once a new government is installed. Since Prime Minister Narendra Modi's Bharatiya Janata Party is widely expected to win its third straight five-year term, the interim budget is likely to strike a fine balance between populist measures and fiscal prudence.   Myanmar military takeover anniversary Feb. 1 marks the third anniversary of the Myanmar military seizing power and detaining elected national leader Aung San Suu Kyi. Since October, resistance forces have intensified attacks on military bases and outposts, while the military has hit back with airstrikes and artillery barrages. Clashes have spread throughout the country, including in Shan state in the north, Kayah state in the east, and Rakhine state in the west. A state of emergency that has already been extended four times expires at the end of January, but will possibly be renewed.   Earnings: Keppel, SGX   FRIDAY   Earnings: Mitsui, Panasonic   WEEKEND   Indonesian presidential debate Indonesia's three presidential candidates will face off in the fifth and final election debate on Sunday night ahead of the Feb. 14 vote. Topics to be discussed include education, health, manpower and information technology.
	Related articles Evergrande case could test China-Hong Kong insolvency arrangement Liquidation hearing for heavily indebted Chinese developer set for Jan. 29 Read more Philippines and Indonesia agree to strengthen security cooperation Marcos and Jokowi discuss South China Sea issues and ASEAN unity Read more Singapore's GDP growth slows to 1.2% in 2023 City-state expects 1%-3% expansion for 2024 as external demand to recover Read more Samsung unveils AI-powered Galaxy S24, starting new era in smartphone race Powered by Google Gemini, series features live translation and other AI functions Read more India central bank lifts annual GDP forecast to 7% on strong demand Reserve Bank keeps key interest rate unchanged for 5th straight meeting Read more Thai Constitutional Court allows Pita to keep parliamentary seat Former Move Forward leader clears media shares case but faces larger challenge Read more Myanmar fighting continues despite Beijing-mediated cease-fire Military responds to quell fighting near gas pipeline connecting to China Read more Panasonic leads Japan's EV battery comeback plan with U.S. push Subsidies are driving gigafactory plans. But sagging demand may yet prove skeptics right Read more Indonesian election highlights young voters' employment concerns Jokowi's successor faces reform challenge to create middle-class jobs Read more
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