Philippines and Vietnam forge strategic partnership, declare marine cooperation as cornerstone
During the state visit, Vietnamese President Vo Van Thuong and Philippine President Marcos Jr. deepened their strategic alliance.
Southeast Asia
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Porsche’s emphasis on ASEAN market growth as Korea becomes 5th-largest market
Porsche, the German luxury carmaker, is strengthening its commitment to the Southeast Asian region, particularly the Association of Southeast Asian Nations (ASEAN).
Casinos turning into untraceable banks for money laundering in Southeast Asia, says UN report
According to a report released this week by the UNODC (UN Office on Drugs and Crime), the region’s casinos are the new banks to the criminal networks, allowing them to conduct money laundering on a larger scale.
Philippines to propose Southeast Asian AI regulatory framework for ASEAN
The Philippines plans to propose a Southeast Asian regulatory framework for artificial intelligence (AI) based on its draft legislation, aiming to present it to the Association of Southeast Asian Nations (ASEAN) during its 2026 chairmanship.
Thailand’s $14.3 billion handout scheme hits the brakes, delaying boost to sluggish economy
The controversial "digital wallet" program, touted as a lifeline for millions of Thais, has been plagued by concerns over funding and practicality, forcing the government to pump the brakes on its rollout.
AirPods maker Goertek to invest $280 Million in Vietnam factory amid Apple’s supply chain diversification
Goertek’s Vietnamese entity, which will manufacture consumer electronics products, from AirPods and smartwatches to virtual reality and augmented reality gear.
UN report reveals collaboration between North Korean hackers and criminal networks in Southeast Asia’s illicit banking scene
The report, released by the United Nations Office of Drugs and Crime (UNODC), points to the Mekong region, encompassing Myanmar, Thailand, Laos, and Cambodia, as a hotspot for such illicit activities, facilitated by hackers like North Korea's Lazarus Group.
Southeast Asia grapples with the surging popularity of high-nicotine vape pens
In Vietnam, where vaping is unregulated, the government is considering new laws to control the use and sale of e-cigarettes. Singapore and Thailand have strict bans on importing, selling, and using vapes, yet black markets have emerged, challenging the effectiveness of these prohibitions.
China’s Visa-Free pacts boost economic ties with ASEAN nations
The visa-free policy is expected to have far-reaching implications, with analysts predicting a notable uptick in regional economic cooperation. China's efforts to tap into the Southeast Asian market have shown early signs of success, with Thailand swiftly following Malaysia's lead in embracing a permanent visa-free approach.
Vietnam’s energy sector in crisis
Without a robust long-term strategy and accelerated localization efforts, Vietnam's energy sector may face challenges in retaining its share of the rising renewable energy market.
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