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Singapore's government warned that global economic fragility will impact its trade-dependent economy. Concurrently, it is targeting four key industries for transformation using artificial intelligence, though experts note workforce preparation is a major challenge. In Malaysia, there were calls to address corruption in public tenders, specifically targeting cartels that rig the system. A Malaysian company, Hextar Industries, purchased a majority stake in the frozen yogurt chain llaollao Malaysia for 177.5 million ringgit.
Thailand's Board of Investment approved a 10-billion-baht plan to build a manufacturing base for humanoid robot parts. The government also extended the work permit deadline for 375,000 migrant workers. Indonesia extended a Rp 200 trillion bank deposit program to boost liquidity until 2026. The country fell 10 places in corruption rankings in 2025, and the son of a figure nicknamed the 'Gasoline Godfather' was jailed in a graft case.
Thailand implemented new travel restrictions that will stop Russian visitors from entering the country if they do not have enough money. A China-Thailand program called Luban Workshop is training people for new jobs. In Vietnam, Japanese retail company Takashimaya is planning to open a shopping mall in a high-value area of Hanoi. Foreign tourist arrivals to Vietnam dropped by 10.7%. Separate developments included a project to potentially shorten travel time to the new Long Thanh Airport near Ho Chi Minh City, the Hanoi Metro offering free tickets, and activity by the Hanoi Railways Company.
1 topics | 5 sources
9 topics | 128 sources
Feb 16 — Feb 26
Singapore faces economic challenges, targets AI transformation as labor groups adapt to automationSingapore's government warns that global economic 'fragility' will impact its trade-dependent economy while targeting four key industries for transformation using artificial intelligence. Concurrently, Singaporean labor groups are shifting workforce strategies in response to automation trends, reflecting broader adjustments to technological change in the economy.
Feb 24 — Feb 23
Thailand announces robot manufacturing plan and economic policies as gold traders react to tensionsThailand's Board of Investment approved a 10-billion-baht plan to build a manufacturing base for humanoid robot parts as part of broader economic moves to boost its economy and workforce. Meanwhile, Thai gold traders have suspended some transactions amid Middle East tensions, indicating how geopolitical factors are affecting specific sectors of the Thai economy.
Feb 27 — Feb 28
Indonesia faces corruption concerns and extends bank deposit programIndonesia has extended a Rp 200 trillion bank deposit program to boost liquidity until 2026. Meanwhile, the country fell 10 places in corruption rankings in 2025, according to a campaign group, and the son of a figure nicknamed the 'Gasoline Godfather' was jailed in a graft case.
Feb 16 — Feb 13
Japanese retailer Takashimaya plans new mall in Hanoi as Vietnam works on tourism and transportJapanese retail company Takashimaya is planning to open a shopping mall in a high-value area of Hanoi, Vietnam. At the same time, there are separate developments in the country's tourism and transportation sectors. One headline notes a 10.7% drop in foreign tourist arrivals to Southeast Asia's second-largest economy, which is Vietnam. Another discusses a project to potentially shorten the travel time to the new Long Thanh Airport near Ho Chi Minh City from three hours to 30 minutes. Other headlines mention the Hanoi Metro offering free tickets and the Hanoi Railways Company.
Feb 12
Philippines to launch direct flights between Manila and Tel Aviv this year