1Q17 Trading update – Solid performance KL-SG HSR: Positive steps in right direction Global Economic Perspectives: The Fed leadership shakeup Data Flash: Asia Economic Diary: Feb 20-24 CPI inflation bottoms amidst weak growth Reflationary theme Is it peaking? We think so China Healthcare Future stays good Flashing a toothpaste smile 4Q: In line & strong operating results; EPS miss on higher financing expenses Q4: Volumes still down; special dividend declared