ASEAN

Thailand’s economy grew by 1.9% in 2Q26, a significant slowdown from 1Q26’s expansion of 2.8%, according to reports by the National Economic and Social Development Council (NESDC). This is the weakest growth in three consecutive quarters, and there is an underlying story here.   Key Point   Thailand’s 2Q Tells an Uneven ...

Myanmar’s junta chief-turned-President Min Aung Hlaing’s official visit to Thailand on August 6-7 marked a notable shift in Bangkok’s approach to Naypyidaw. As Myanmar’s military leadership seeks wider diplomatic acceptance following a controversial election and years of strained regional relations, the visit carried significance well beyond bilate...

The much-debated FY2027 draft budget is currently testing the waters of a significant question for Thailand. Does fiscal policy still have the ability to support the country’s new growth model?    Key point   The real question behind Thailand’s borrowing When previous spending compromises the future When Fisca...

The World Bank has upgraded two Southeast Asian countries to upper-middle-income status, marking a significant shift for Vietnam and the Philippines as they join Thailand in the reclassified economic ranks.   Following consistent years of economic expansion, continued investment, and GDP growth, the two countries have been recognized by ...