ASEAN Finance / ASEAN News Brief for June 2, 2026

ASEAN Economic Special Report (300 articles total). Central News Agency. Grasp the New Southbound Policy and monitor the pulse of the ASEAN economy. CNA's 'Southeast Asia Economic Information Network' selects key economic headlines from Thailand, Vietnam, Indonesia, Malaysia, the Philippines, and others daily. Whether it's government policy, industry trends, or investment opportunities, we provide key information to help you seize market opportunities. Vietnam: Manufacturing PMI hit a multi-month high in May. According to S&P Global, Vietnam's manufacturing PMI rose from 50.5 in April to 52.8 in May, the highest since February. This marks 11 consecutive months of expansion. Laos: Launched Southeast Asia's first drought early warning insurance. Laos, in cooperation with SEADRIF and FAO, launched the first 'sovereign drought early warning insurance' pilot project in Southeast Asia. Singapore: Restaurant stocks fell 28% this year. Due to intense competition and rising costs, most Singaporean restaurant stocks are underperforming. Philippines: Signed 15 trade and investment agreements with Vietnam. The Philippine Chamber of Commerce and Industry (PCCI) and Vietnamese companies signed 15 MOUs. Myanmar: Deepened trade and transport cooperation with India. During President Min Aung Hlaing's visit to India, both countries reaffirmed their commitment to strengthening economic and transport cooperation. Malaysia: Maybank's Q1 profit faces pressure. Maybank's Q1 performance was in line with expectations, but achieving full-year ROE targets remains challenging. Thailand: Expert group suggests revising alcohol tax. To protect public health, the tax system for alcoholic beverages should be revised. Cambodia: Angkor Wat ticket sales dropped 30% from Jan to May due to geopolitical instability. Indonesia: ASEAN completed digital economy negotiations. Aiming for $2 trillion by 2030. ASEAN has completed negotiations on the Digital Economy Framework Agreement (DEFA).