On September 7, Thailand and the US reached agreement on the key elements of a proposed Agreement on Reciprocal Trade (ART), with technical teams working to finalise the remaining details.
Category: Business
Flights Remain Halted and Carriers Face Operational Burden Despite Moderating Anak Krakatau Eruption
The relentless 25-hour eruption of Mount Anak Krakatau has reportedly eased, but Indonesia’s Centre for Volcanology and Geological Hazard Mitigation (PVMBG) continues to maintain the volcanic activity at a “Level 3 Alert”. Aviation at the country’s busiest airport remained suspended until September 7.
Indonesia Pushes to Double Trade with Russia Ahead of 2027 Free Trade Pact
Ahead of the Indonesia-Eurasian Economic Union Free Trade Agreement (I-EAEU FTA) implementation scheduled for 2027, Indonesian President Prabowo Subianto proposed that the two biggest nations of the bloc, Indonesia and Russia, double their trade volume.
Thailand Halts 49 AI Data Centres, Vows Tough Regulatory Clampdown
Thailand may have compromised too much in the regional artificial intelligence (AI) race, having voluntarily frozen the construction of 49 data centres.
Vietnam Revises Cross-Border Trade Rules Following US Trade Review
Vietnam will introduce revised regulations governing cross-border trade from September 5, alongside a new prohibition on imports of goods produced wholly or partly using forced labour under Decree No. 292/2026/ND-CP.
Vietnam’s $3.5bn AI Data Centre Set for Late 2026 Construction, Saigontel Leading
A subsidiary of the Vietnamese conglomerate Saigon Investment Group, Saigon Telecommunication and Technology Corp (Sigontel), is leading a 3.5 billion US dollar artificial intelligence (AI) data centre development project intended for Vietnam’s Tay Ninh province. The consortium also comprises World Harmony Co Ltd and SAIF Eagle II Investment Co Ltd
Thailand’s EV Transition: One Market, Two Automotive Futures
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Temasek Champions Singapore Airlines’ Air India Venture, Addressing Doubts over Staggering Losses
Singapore’s state investor Temasek on August 29 publicly declared support for the flag carrier Singapore Airlines’ (SIA) investment in Air India. This response, expressed through an official pronouncement, was intended to address heightened concerns over the Indian carrier’s ever-increasing losses.
Thai Prime Minister Signs New Regulation to Streamline Deportation of Foreign Nationals
On August 28, Thai Prime Minister and Interior Minister Anutin Charnvirakul signed new regulations governing the deportation of foreign nationals, with the Office of the Prime Minister’s Regulation on Deportation B.E. 2569.
Indonesia Seeks to Optimise Halal Value Chain to Boost Economic Growth
Value chain optimisation is the key to tapping into the halal industry’s potential, Head of the Halal Product Assurance Organising Agency (BPJPH) Ahmad Haikal Hasan affirmed during a public forum themed “Halal Industry: The Future of Indonesia’s Industry and Economy” on August 24.