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Indonesian President Prabowo Subianto will unveil his 2027 budget plan on Friday as his administration grapples with depreciating currency, stock market weakness, and plummeting public support following ambitious but troubled policy initiatives.
Indonesia and Thailand are expanding local currency transactions to reach US$20 billion in bilateral trade by 2030, signalling a regional shift toward economic autonomy. Simultaneously, Southeast Asian governments grapple with rising scams, security threats, and natural disasters.
Myanmar is pursuing aggressive tourism growth, targeting 1.8 million visitors this year through relaxed visa policies and regional partnerships. The strategy reflects broader efforts to rebuild ties with neighbouring countries following the 2021 military coup.
Malaysia's 2026 fiscal deficit is projected at 3.6% of GDP, marginally above the government's 3.5% target, despite an extra RM25 billion allocated for fuel subsidies to maintain RON95 petrol at RM1.99 per litre.
Southeast Asia is projected to boost greenfield capital expenditure in offshore energy by 12 per cent to exceed US$100 billion, signalling robust regional investment momentum despite lingering geopolitical tensions in West Asia and fragile ceasefire arrangements.
Aziz Mohd, a 65-year-old coffee entrepreneur in Johor, is experiencing unprecedented business growth during the 16th state election. His three-decade-old operation has doubled production to supply campaign teams across multiple constituencies.