Thailand is grappling with intensified economic challenges stemming from slower global growth, diminished fiscal capacity and ongoing political uncertainty, Fitch Ratings warned at its annual conference on Thailand held in Bangkok on Wednesday.
Nazir Razak says that Asean’s openness to trade and investment, long seen as a strength, also makes it vulnerable.
Singapore’s manufacturing output picked up in September even as the Trump administration added pharmaceuticals, a major export from the Republic to the US, to its list of goods under tariffs.
Vietnamese investors ranked among the top five foreign capital sources in Cambodia during the first nine months of 2025.
The bloc is set to face a 10 percent drop in exports to the US due to tariffs imposed by Trump.
Industry players say they are monitoring the situation, and at least one company told CNA that it is concerned about knock-on effects.
The ASEAN region continued to be one of the most valuable markets for American businesses, albeit amid ongoing shifts in the United States (US) trade policy, said the US-ASEAN Business Council.
Thailand's economy needed a quick short term stimulus to jump start growth, which has been held back by weak exports and consumption, Finance Minister Ekniti Nitithanprapas said on Tuesday (Sep 30) in an address to parliament.