ASEAN Economic Update: June 25, 2026

The Central News Agency (CNA) presents daily economic briefings on Southeast Asia, focusing on Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Key developments for June 25, 2026, include:

Vietnam: UNESCO has reaffirmed the 'Non Nuoc Cao Bang' Geopark’s status as a Global Geopark following a periodic review. The site, dating back 500 million years, is noted for its karst topography and the Ban Gioc waterfall.

Laos: The Ministry of Industry and Commerce announced fuel price adjustments effective June 25. Diesel prices were reduced to 24,560 kip per liter to assist logistics sectors, while gasoline prices rose to 30,690 kip per liter.

Singapore: Non-landed private residential resale prices rose by 1.3% in May, following two months of decline. Although prices are up 3.7% year-on-year, market resale volume fell by 8.9%.

Philippines: S&P Global Ratings revised its 2026 GDP growth forecast for the Philippines from 5.8% to 4.1%, citing inflationary pressures from oil prices and sluggish infrastructure spending.

Myanmar: The Central Bank injected over $2.59 million to stabilize the edible oil import market and counter the depreciation of the Myanmar Kyat. Authorities continue to monitor currency manipulation.

Malaysia: Bank Negara Malaysia is intensifying efforts to encourage the repatriation of foreign earnings by corporations, aiming to boost capital inflows.

Thailand: Exports in May grew 10.6% year-on-year. While there was a trade deficit of $5.71 billion, a 'front-loading' trend for U.S. exports resulted in a 33.5% surge in shipments to the U.S. market.

Cambodia: The Electricite du Cambodge (EDC) launched its first mobile substation to bolster power supply stability in industrial parks, with plans to deploy seven more by late 2026.

Indonesia: MSCI has extended its evaluation of Indonesia's stock market status, maintaining its 'Emerging Market' rating until November to further monitor regulatory and transparency measures.