Daily brief
Indonesia on June 30 has the upper hand in the race for Korean semiconductor investment, with analysts citing its competitive incentives and infrastructure. The Philippines leads the world in solar adoption as power prices soar, expanding pineapple exports to the UAE. Thailand extends a 0.01% property fee cut for one year to support homebuyers, while Fitch warns corporate deleveraging faces a long slog amid layered shocks. Indonesia stocks fell 3% as investors await key economic data, and Sri Lanka reaffirmed its climate commitment targeting 70% renewable energy by 2030.
Masan unit was named among Vietnam's top 10 for innovation and business performance.
Indonesia and Belarus will jointly develop green engineering solutions.
Myanmar's rare earths could serve as a strategic hedge for India, according to experts.
Dole announced a 'historic' PHP 85 wage hike for Metro Manila workers.
by WorldBrief & Maksim Micheliov | AI-generated summary