Loading...
Loading...
Thailand's government is implementing a series of domestic policy shifts following the announcement of 2.4% economic growth for 2025. Key measures include a tougher anti-corruption stance from the Prime Minister, new central bank scrutiny of large cash transactions and digital assets, and a tightening of cannabis laws that has resulted in the closure of over 7,000 marijuana shops. In Singapore, policy adjustments include plans to raise entry permit fees for foreign vehicles in 2027 and a potential reduction in cost-of-living support vouchers, while investment demand for gold surged 48% to a record high. Indonesia, as the world's largest nickel producer, significantly reduced its mining quota, causing a sharp increase in the global nickel price. Malaysia is pursuing a 'Made by Malaysia' industrial strategy and seized over 1,000 luxury cars in a traffic violation crackdown. In Sri Lanka, major firms like JAT Holdings and CIC Holdings reported quarterly financial results amid a sideways-trading stock market.
The United States finalized several trade agreements with South and Southeast Asian nations, a dominant development in regional geo-economics. The deals lower general US tariff rates to 19% for Indonesia and Bangladesh, with specific product exemptions, while India reportedly secured zero tariffs on textile exports. Concurrently, Thailand experienced a 10.7% drop in foreign tourist arrivals, and Moody's changed its outlook on Indonesia's economy from stable to negative, citing governance concerns and contributing to a regional stock selloff. Singapore warned that global economic 'fragility' would impact its economy despite a surge in regional air travel and increased Chinese investment. Malaysia focused on strengthening domestic food supply and preparing its workforce for AI competition. At the Singapore Airshow, China promoted its aviation industry, with COMAC signing a deal for firefighting planes.
8 topics | 164 sources
Southeast Asia's largest economy has been named one of the world's top 10 retirement destinations. Meanwhile, Vietnam's gold prices have been fluctuating, with recent reports showing them inching up, falling, and sliding. Separately, Southeast Asia's second-largest economy welcomed 2.6 million foreign tourists in January, indicating a strong start for tourism. Another report looks ahead to the region's top five motorbike markets for 2025.
Sri Lanka's stock market in Colombo had a week of mixed results, opening strong with broad gains but later closing on a negative note amid sideways trading and mixed investor sentiment. During this period, the Asian Development Bank appointed Shannon Cowlin as its new Country Director for Sri Lanka. Separately, the Sri Lanka-Canada Business Council marked 35 years of operations in the country. News coverage also highlighted a long-awaited proposed law focused on rescue, rehabilitation, and insolvency, which is seen as a key structural reform for the economy.
Indonesia's economy grew by 5.11% in 2025, though this was below the government's target. Consumer sentiment in the country also improved. Separately, Indonesia extended a large bank deposit program to boost liquidity until 2026 and will use state bank loans for imports of Indian trucks. The price of nickel, a key resource, jumped after Indonesia cut the production quota at the world's biggest nickel mine.
Singapore announced that foreign drivers entering the country will pay higher road charges beginning in 2027. The government is also examining wealth and income inequality, with data showing wealth gaps are larger than income disparities and are similar to levels in other advanced economies.
Thailand's economy grew 2.4% in 2025, and the government is taking several new steps to shape its future. The Prime Minister has promised a tougher fight against corruption, and the Bank of Thailand is looking more closely at large cash transactions while also putting new rules in place for digital assets. Separately, the country is tightening its laws on cannabis, which has led to the closure of over 7,000 marijuana shops. A former head of the World Trade Organization has also urged Thailand to adapt to changing global conditions.
12 topics | 243 sources
Feb 23 — Feb 16
Major investments and developments in Southeast Asian economiesSeveral major business and infrastructure developments are happening in Southeast Asia, particularly in Vietnam and Thailand. Japanese retail company Takashimaya is opening a shopping mall in a prime area of Hanoi, Vietnam, while a separate Hanoi company is selling a $1,000 coffee filter that has generated discussion. In Thailand, the social media platform TikTok has confirmed a significant investment of 270 billion baht in the country. At the same time, Chinese automaker GWM is ending production of its ORA Good Cat electric vehicle line there as part of a broader expansion of its EV business in the region.
Feb 28
Singapore's economy shows strong growth and transformation amid global challengesSingapore's economy is experiencing exceptional growth, with the government saying there will be no 'jobless growth' even as artificial intelligence reshapes jobs. The country is targeting four industries for AI transformation, though experts say workforce readiness is a key hurdle. At the same time, Singapore's trade minister says global 'fragility' will hit the economy. Chinese companies have overtaken U.S. companies in investment in Singapore. The country's richest 1% holds 14% of total wealth, a level the government says is 'broadly comparable' with other advanced economies.
Feb 10 — Feb 9
Malaysia focuses on food security and economic readinessMalaysia is taking steps to strengthen its domestic food supply and prepare its economy for technological change. Officials are urging producers to register unique varieties of crops, which is a common step to protect local agriculture. At the same time, there is a national discussion about preparing the workforce and economy for competition in artificial intelligence.
Feb 24 — Feb 26
Thailand extends work permits for migrant workers and invests in roboticsThailand has extended a deadline for about 375,000 migrant workers to renew their work permits. This move comes as the country is trying to boost its economy and compete with neighboring countries like Vietnam. Separately, Thailand's Board of Investment approved a 10-billion-baht project to build a manufacturing base for humanoid robot parts. At the same time, a skills training program called the Luban Workshop, a collaboration between China and Thailand, is working to build job skills for workers.