Singapore’s economy demonstrated resilience in the second quarter of 2025, expanding by 4.4% year-on-year, surpassing the initial advance estimate of 4.3%. This performance contributed to a first-half GDP growth of 4.3% year-on-year. On a quarter-on-quarter...
Malaysia has agreed to purchase and invest over USD 240 billion with the United States to help narrow the trade deficit and secure a reduction in US reciprocal tariffs, from 25% to 19% on Malaysian exports, following a series of high-level negotiations. According to...
The Philippines is emerging as a potential pharmaceutical hub in Southeast Asia as new investments flow into the country’s economic zones. BMI Country Risk & Industry Research cited recent initiatives by AstraZeneca, Merck Business Solutions, and Royale Life...
Vietnam has revised its 2025 GDP growth target upwards to 8.3 – 8.5%, replacing an earlier goal of 8%, under a sweeping new resolution that sets immediate action across investment, infrastructure, credit management, exports and domestic consumption. The...
Thailand is continuing its strategy to establish itself as a fully integrated manufacturing hub for electric vehicles and components in Southeast Asia. The plan aligns with national climate goals of reaching carbon neutrality by 2050 and net-zero greenhouse gas...
Indonesia expects to finalize a trade agreement with Canada later this year, though an official signing date has not yet been determined, a senior official said on Monday. The two countries substantially concluded negotiations for their bilateral Comprehensive...
Singapore and the European Free Trade Association (EFTA) have finalized the EFTA-Singapore Digital Economy Agreement (ESDEA), aiming to facilitate seamless data flows and boost digital trade between Singapore and EFTA member states (Iceland, Liechtenstein, Norway, and...
Toyota Motor Philippines (TMP) and its suppliers reported USD 1.2 billion in exports in 2024, accounting for 30% of the country’s OEM parts exports. Despite global trade concerns, including possible U.S. tariffs, PEZA assured minimal impact on the Philippines due to...
Malaysia’s trade and investment mission to France in July 2025 secured an estimated MYR 4 billion (USD 900 million) in potential investments and MYR 675 million (USD 152 million) in prospective exports. The delegation met with 40 representatives from France’s...
Vietnam is preparing to roll out one of its most ambitious policy frameworks to date in support of the digital technology industry. The Law on Digital Technology Industry, which will take effect at the beginning of 2026, introduces a wide range of unprecedented...
Thailand has updated its electric vehicle (EV) incentive programs to support increased exports of battery electric vehicles (BEVs) and reinforce its role as a regional EV manufacturing center. The adjustments apply to the national EV program launched in 2022, which...
The Indonesian Coordinating Minister for Economic Affairs announced several investment commitments from US-based companies in sectors such as clean energy, digital technology, and healthcare, noting that the US is one of Indonesia’s key trading partners with an 11.2%...
