Economy · August 2026

In Bangladesh, lubricant maker Motul has announced a partnership with Rancon, a local conglomerate, to expand its presence in the country. The collaboration was unveiled on August 1, 2026, with plans to distribute Motul products through Rancon's extensive network. Financial details of the deal were not disclosed. Malaysia welcomed 21.1 million tourists in the first half of 2026, the highest in Southeast Asia. Thailand's tax base is under scrutiny as only 5 million filers pay income tax, according to Nation Thailand. Thailand has cut its 2026 car output target as exports weaken. Sri Lanka's metro bus service is set to expand to Jaffna and Kandy by year-end, according to the Daily Mirror.