As of July 8, Thailand has cut oil prices, with diesel decreasing by 2.56 Thai baht (0.08 US dollar) per litre, while gasoline and gasohol dropped by 2.51 Thai baht (0.07 US dollar) per litre across all grades.
Category: Economy
Indonesia Launches First Carbon Credit Projects, Unlocks $279m Trading Value
Jakarta has officially launched the Indonesia Forestry Carbon Hub (IFCH) and debuted its first carbon credit projects, the Ministry of Forestry announced on July 6.
The Philippine Bourse Advances on Cooling Inflation, Peso Weakens
On July 6, Manila’s local bourse concluded positively with the Philippine Stock Exchange index (PSEi) rising by 0.58% to close at 6,223.99, marking its fourth consecutive day of gains, while the general All Shares index advanced 0.53% to 3,388.97 points.
World Bank Elevates Philippines to Upper-Middle Income Status
The Philippines officially attained upper-middle-income country (UMIC) status, as the World Bank announced in its annual Country Income Classifications report on July 1.
Philippines-Canada Elevate Ties to Strategic Partnership as Marcos Secures $14m Investment
Philippine President Ferdinand Marcos Jr. concluded his four-day visit to Canada on July 4, bringing home crucial investment pledges.
Indonesia, Malaysia, Philippines: Three Paths to Face Energy Price Shocks
The conflict in Iran that erupted in mid-2026 shook the global oil market and forced almost all ASEAN countries to adjust their fuel prices in a short period.
Vietnam-EFTA Pact Set to Boost Bilateral Trade and Investment
On July 2, Vietnam and the European Free Trade Association (EFTA) officially issued a joint communiqué following the successful conclusion of their negotiations to upgrade bilateral cooperation and eliminate customs duties.
Laos is set for an agricultural export boom but must first resolve its debt crisis
In the last week of June, the Lao government commenced a series of meetings to evaluate the country’s development progress throughout the first half of the year, as well as to establish priority deliverables for the subsequent second half of the year (H2).
Indonesia to Collect E-Commerce Income Tax via Marketplaces from August 1
Indonesia will officially begin collecting income tax through designated digital marketplaces starting August 1, the Finance Ministry’s Directorate General of Taxes (DJP) announced on July 1.
Laos Outlines H2 Priorities with Agricultural Exports Spearhead Growth
The Lao government initiated a series of meetings in the last week of June, with a focus on reviewing the country’s development progress throughout the first half of the year and further identifying priority deliverables for the subsequent second half of the year (H2).