Trump Announces New US-Vietnam Trade Deal

Agreement includes duty-free access for American exports
Former President Donald Trump has announced a new trade agreement between the United States and Vietnam that will allow US goods to enter the Vietnamese market duty-free while imposing a 20% tariff on many Vietnamese exports.

The deal is being hailed by Trump as securing 'total access' for American products, aiming to reduce the trade deficit and strengthen domestic manufacturing.
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Alibaba Opens Global AI Center in Singapore

Move aims to boost enterprise innovation
Alibaba has launched its first Global AI Competency Center in Singapore, positioning the city-state as a key hub for enterprise innovation and research as the Chinese tech giant expands its artificial intelligence capabilities to serve international markets.
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Caterer Pleads Guilty in Singapore Mass Food Poisoning Case

Incident sickened over 200 people at multiple events
A caterer in Singapore has pleaded guilty over a mass food poisoning incident that left more than 200 people ill at multiple events, with authorities promising stricter oversight of food safety standards to prevent future outbreaks.
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Groundbreaking Ceremony Held for Singapore’s First LDS Temple

New temple marks milestone for local community
A groundbreaking ceremony has been held for Singapore’s first Church of Jesus Christ of Latter-day Saints temple, marking a significant milestone for the local faith community and signaling the church's growing presence in Southeast Asia.
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Singapore Cracks Down on Food Ad Scams on Social Media

Victims lose over $48,000 to fraudulent ads
Singapore police report that victims have lost more than $48,000 since mid-June to food advertisement scams on social media platforms, prompting renewed warnings for consumers to remain vigilant against fraudulent sellers and online payment requests.
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Singapore Tightens Regulations on Crypto Exchanges

New rules aim to strengthen consumer protections
Singapore has introduced tighter regulations for cryptocurrency exchanges to bolster consumer protections and maintain its reputation as a secure financial hub, requiring exchanges to implement stricter due diligence and compliance measures.
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Makara Capital Plans $7 Billion Vietnam Investment from Singapore

Singapore-based firm eyes major regional expansion
Singapore-based investment group Makara Capital has announced plans to mobilize up to $7 billion for projects in Vietnam, reflecting the city-state’s growing role as a launchpad for Southeast Asian investment and development initiatives.
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Singapore Prosecutors Charge Two Over Fatal Tanker Collision

Incident involved Hafnia Nile tanker off city-state's coast
Singapore authorities have charged two seafarers in connection with a fatal collision involving the Hafnia Nile tanker off the country’s coast, underscoring the city-state's commitment to enforcing maritime safety and accountability in its busy shipping lanes.
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Singapore Airlines A380 GPU Catches Fire in Frankfurt

Incident prompts safety investigation
A ground power unit attached to a Singapore Airlines A380 aircraft caught fire at Frankfurt Airport, prompting an immediate emergency response and a safety investigation as the airline works with German authorities to determine the cause.
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Indonesia Faces Fresh Scrutiny Over Ferry Safety Standards

Deadly sinking highlights ongoing transport risks
The deadly ferry sinking near Bali has renewed concerns over Indonesia’s maritime safety standards, with critics pointing to overcrowding, lax enforcement, and aging vessels as persistent issues in a nation of thousands of islands heavily dependent on sea travel.
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Dozens Missing After Ferry Sinks Near Bali

Rough seas hamper large-scale rescue efforts
A ferry carrying at least 65 people has sunk off Indonesia’s Bali coast, leaving at least four confirmed dead and dozens missing as search and rescue teams battle rough seas to locate survivors.

Officials say more than 20 people have been rescued so far, while emergency crews continue combing the area under challenging conditions.
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Indonesia Launches Full-Scale Search for Missing Passengers

Multiple agencies coordinate in Bali Strait disaster
Indonesian authorities have launched a full-scale search and rescue operation after a passenger ferry sank in the Bali Strait, mobilizing navy ships, helicopters, and local fishing boats to find the dozens still missing amid strong winds and heavy seas.
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Conflicting Reports on Casualty Numbers After Bali Ferry Tragedy

Official toll varies as search continues
Conflicting casualty reports have emerged following the ferry disaster near Bali, with local agencies citing between two and four confirmed fatalities and estimates of the missing ranging from 38 to 61 as authorities race to verify numbers and locate survivors.
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Casino Bill Stalls After Thai Prime Minister’s Suspension

Political turmoil threatens gambling legalization plans
Thailand’s proposed casino legalization bill faces renewed uncertainty following the suspension of Prime Minister Paetongtarn Shinawatra, with political instability threatening to derail legislative progress and broader efforts to boost tourism revenue.
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China and Thailand Mark 50 Years of Diplomatic Relations

Anniversary celebrations highlight strong bilateral ties
China and Thailand have marked the 50th anniversary of diplomatic relations with a formal reception in Bangkok, reaffirming commitments to deepen economic, cultural, and strategic cooperation as both nations seek to strengthen their longstanding partnership.
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Australia Issues Travel Warning for Thailand After Bomb Threats

Security concerns rise following thwarted explosives plot
Australia has issued a travel warning advising caution in Thailand after authorities foiled an explosives plot in Phuket and other popular destinations, prompting heightened security measures and renewed focus on traveler safety in the region.
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Thailand Reverses Course on Legal Cannabis

Businesses scramble as government imposes new restrictions
Thailand is reversing its landmark decriminalization of cannabis, with the government preparing stricter regulations that have left businesses scrambling to adapt and raised questions about the future of the country’s fledgling cannabis industry.
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Thailand’s Energy Tycoon Becomes Third-Richest Person

Sarath Ratanavadi’s wealth soars with Gulf Energy growth
Energy and telecoms magnate Sarath Ratanavadi has climbed to become Thailand’s third-richest individual, driven by the rapid growth of Gulf Energy’s operations and its increasing influence in the country’s infrastructure and power sectors.
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Thailand Expands LNG Capacity with New Terminal

8 million ton per year facility under construction
Thailand is building a new LNG terminal capable of handling 8 million tons annually as part of its energy diversification strategy, aiming to secure long-term supply and bolster its role in the regional natural gas market.
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True Corp and AIS Secure $1.3 Billion in Spectrum Auction

Major investment to boost Thailand’s 5G connectivity
Thailand’s telecom leaders True Corp and AIS have secured $1.3 billion worth of spectrum in a competitive auction, strengthening their 5G capabilities and supporting the government’s push to expand high-speed digital connectivity nationwide.
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Thailand to Host Tomorrowland Music Festival in 2026

Major global event set to boost tourism industry
Thailand will host the renowned electronic music festival Tomorrowland in 2026, highlighting the country’s commitment to attracting international visitors and showcasing its cultural appeal as a leading destination for world-class events.
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Thailand’s Central Bank Stresses Flexible Monetary Policy

Officials warn of economic headwinds requiring caution
Thailand’s central bank has emphasized the need for flexible monetary policy to navigate rising economic headwinds, with officials signaling a cautious approach to maintain stability and support growth amid global uncertainties and domestic challenges.
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Thai Prime Minister Suspended Amid Ethics Investigation

Political uncertainty grows as acting leadership takes over
Thailand’s Prime Minister has been suspended pending an ethics investigation into a leaked phone call, deepening political turmoil as Acting Prime Minister Phumtham Wechayachai assumes leadership, while calls grow for stability and transparency in governance.
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Malaysia Bans Imports of US Plastic Waste

Environmental measure targets illegal recycling
Malaysia has announced it will no longer accept shipments of plastic waste from the United States, closing its ports to imported trash in an effort to reduce environmental damage and crack down on illegal recycling operations that have strained local communities.
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Malaysia and Indonesia Resolve Ambalat Maritime Dispute

Agreement sets example for ASEAN diplomacy
Malaysia and Indonesia have signed an agreement to resolve their long-standing maritime boundary dispute in the Ambalat region, demonstrating effective diplomacy and setting an example for peaceful conflict resolution within ASEAN to bolster regional stability.
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Malaysia Imposes New Power Tariffs on Data Centers

Policy aims to manage energy demand sustainably
Malaysia has introduced new power tariffs for data centers to manage rising electricity demand and encourage more sustainable energy use, reflecting a commitment to balancing rapid digital growth with environmental responsibility.
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Alibaba Cloud Expands with New Data Centers in Malaysia

Investment supports AI growth and regional infrastructure
Alibaba Cloud is expanding its presence in Southeast Asia by launching new data centers in Malaysia and the Philippines, a strategic move aimed at strengthening AI capabilities, enhancing data security, and meeting growing demand for local cloud services in the region.
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Malaysia Upgrades Rooftop Solar Net Metering Scheme

Program designed to support clean energy adoption
Malaysia has announced upgrades to its net metering scheme for rooftop solar installations, aiming to make renewable energy more accessible to households and businesses while advancing national sustainability goals and reducing carbon emissions.
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Malaysia Proposes Overhaul of Cryptocurrency Exchange Rules

Plan aims to boost investor protection and compliance
Malaysia is moving to overhaul its cryptocurrency exchange regulations, proposing streamlined rules to enhance investor protection, improve compliance, and position the country as a secure and well-regulated hub for digital asset trading in the region.
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Malaysia Sets Digital Trade Priorities Ahead of ASEAN Chairmanship

Focus on integration and cross-border commerce
As it prepares to chair ASEAN in 2025, Malaysia is prioritizing digital trade integration, pledging to harmonize e-commerce regulations and promote secure, seamless cross-border transactions to drive regional economic growth and strengthen the digital economy.
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MMC Port Holdings Plans Malaysia’s Largest IPO in Over a Decade

Company aims to raise up to $2 billion for expansion
Malaysia's MMC Port Holdings is preparing for what could be the country's largest initial public offering in over 13 years, seeking to raise up to $2 billion to fund major port infrastructure projects and reinforce Malaysia's position as a regional trade hub.
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Malaysia Advances Visa-Free Travel for Sri Lankan Visitors

Policy designed to strengthen tourism ties
Malaysia is advancing plans to introduce visa-free travel for Sri Lankan visitors, part of a broader strategy to strengthen bilateral tourism ties, support its Visit Year 2026 goals, and encourage sustainable growth in the nation's travel and hospitality sectors.
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Malaysia Aviation Group Nears Airbus A330neo Jet Order

Fleet renewal supports long-haul expansion
Malaysia Aviation Group is reportedly close to finalizing a deal to purchase Airbus A330neo jets as part of its strategy to modernize its fleet, improve fuel efficiency, and strengthen its competitive position on long-haul international routes.
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Myanmar Junta Blacklists 200 Firms Over Currency Violations

Government cracks down on businesses accused of evading rules
Myanmar’s junta has blacklisted 200 companies for allegedly circumventing its hard currency regulations, in a move seen as an attempt to shore up dwindling foreign reserves and tighten control over economic activity amid ongoing instability.
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Bangladesh Women's Football Team Qualifies for AFC Asian Cup

Historic win over Myanmar secures maiden spot in finals
Bangladesh's women's national football team secured a historic place in the AFC Women's Asian Cup finals after defeating Myanmar, marking a milestone for the country's sporting ambitions and delivering a boost to the development of women's football in the region.
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UNOCHA Warns of Escalating Humanitarian Crisis in Myanmar

Over 110,000 displaced across multiple regions
The United Nations Office for the Coordination of Humanitarian Affairs has warned of an escalating crisis in Myanmar, with displacement surpassing 110,000 people across Bago, Magway, Sagaing, Tanintharyi, and southern Shan State as fighting continues to uproot communities.
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Myanmar Resistance Forces Clash With Military in Moebye

Roads closed as junta pushes to retake territory
Resistance forces in Myanmar have closed major roads in and around Moebye as the military launches operations to regain control of the area, underscoring the intensifying civil conflict between pro-democracy fighters and the ruling junta.
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Myanmar Junta Airstrike Kills Civilian in Mandalay Region

Woman killed and homes destroyed in Singu Township
A Myanmar junta airstrike has killed one woman and destroyed several homes in Singu Township, Mandalay Region, further highlighting the human cost of ongoing military operations against resistance-held areas in the country.
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Malaria Cases Rising in Western Myanmar

Health officials warn of surge in infections
Health authorities in Myanmar are warning of rising malaria cases in the country's western regions, calling for urgent preventative measures and expanded treatment access as public health systems struggle under the dual pressures of conflict and disease outbreaks.
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Indonesia Advocates for Citizen Detained in Myanmar on Terror Charges

Government steps up diplomatic efforts for release
Indonesia has intensified diplomatic efforts to secure the release of an Indonesian influencer sentenced to seven years in prison on terrorism charges in Myanmar, raising questions about the legal process and appealing for a fair review of the case.
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Over 12,000 Displaced Amid Myanmar Military Offensive in Quake Zone

Humanitarian crisis worsens as civilians flee fighting
More than 12,000 people have fled Myanmar’s quake-hit regions amid renewed military offensives, worsening an already dire humanitarian crisis and straining efforts to deliver aid in areas devastated by both conflict and natural disaster.
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Mizoram Begins Biometric Enrollment of Myanmar Refugees

Over 32,000 refugees to be registered for identification
The Indian state of Mizoram has started biometric enrollment for over 32,000 refugees from Myanmar, aiming to improve monitoring and aid distribution as conflict across the border drives continued displacement into northeast India.
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Myanmar Junta Opposes Timor-Leste's ASEAN Membership

Government voices objection amid regional tensions
Myanmar’s military government has voiced opposition to Timor-Leste’s bid to join ASEAN, adding to tensions within the regional bloc as it struggles to address both Myanmar’s own political crisis and broader questions of membership expansion.
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US Agricultural Exports Poised for Boost Under Vietnam Deal

Tariff-free access opens new markets for farmers
American farmers are set to benefit from the new trade agreement with Vietnam, which eliminates tariffs on US agricultural exports.

Industry leaders say the move will improve competitiveness for grains, livestock, and specialty crops in the growing Southeast Asian market, offering a welcome boost amid global trade challenges.
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US-Vietnam Deal Spurs Agricultural and Manufacturing Markets

Industry groups applaud new export opportunities
Industry groups across agriculture and manufacturing have praised the US-Vietnam trade deal for opening new export opportunities.

By eliminating tariffs on American goods and clarifying trade rules, the agreement is projected to deliver substantial economic benefits, supporting jobs and strengthening bilateral economic ties.
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Vietnam Trade Pact Triggers Surge in US Stock Markets

S&P 500 and Nasdaq hit record highs on deal optimism
US stock markets rallied sharply following the announcement of the US-Vietnam trade deal, with the S&P 500 and Nasdaq both closing at new record highs.

Investors responded positively to expectations of increased market access for American goods and reduced trade tensions in Asia, driving strong gains in retail and technology stocks.
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Apple and Tech Stocks Gain as Vietnam Tariff Deal Eases Concerns

Investors bet on reduced supply-chain risk
Apple and other leading technology companies saw share prices climb following the US-Vietnam trade deal, which is expected to reduce supply-chain uncertainties.

By clarifying tariff rates and improving market access, the agreement reassures investors about the stability of production hubs in Vietnam that are critical to the global tech sector.
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US-Vietnam Trade Pact Highlights Strategic Competition with China

Deal seen as move to counter Beijing’s influence
The newly announced US-Vietnam trade deal is being viewed by many analysts as a strategic effort to counter China's influence in the region.

By strengthening economic ties with Vietnam, the United States aims to diversify its supply chains, secure critical manufacturing capacity, and deepen its engagement in Southeast Asia’s rapidly growing markets.
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Nike and Retail Stocks Climb on US-Vietnam Tariff Agreement

Deal reduces costs for major apparel brands
Shares of Nike and other major retailers rose on news of the US-Vietnam trade deal, which is expected to reduce tariff-related costs for companies sourcing goods from Vietnam.

Analysts say the agreement will help stabilize supply chains and ease pressure on retail margins that had been threatened by escalating trade barriers.
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Chinese Astronauts Successfully Return from Tiangong Space Station
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Singapore Police Empowered to Seize Bank Accounts to Combat Scams
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
BIGXSHOW LALA Co., Ltd. Partners with Japanese Firms to Advance Influencer Marketing in Asia
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Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
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Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Asia News Roundup: Key Developments Across the Region
OpenAI Secures Multimillion-Dollar AI Contracts with Pentagon, India, and Grab
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Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
UK Scientists Launch Synthetic Human Genome Project with £10 Million Funding
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Thai Prime Minister Discusses Bilateral Relations and Regional Issues with French President Emmanuel Macron
North Korea to Open New Beach Resort to Boost Tourism Economy
Hong Kong Monetary Authority Intervenes as Hong Kong Dollar Reaches Weak Trading Threshold
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NATO Leaders Endorse Plan for Increased Defence Spending
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U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Japan’s LDP Suffers Historic Defeat in Tokyo Assembly Poll
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
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US strikes Iran nuclear sites, Trump says
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G7 Leaders Fail to Reach Consensus on Key Global Issues
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Cambodia Emerges as Global Hub for Cybercrime and Online Scams
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
US State Department Raises Thailand's Travel Advisory to Safest Level
Thai Prime Minister Affirms Sovereignty Amid Heightened Border Tensions with Cambodia
Thailand Accuses Cambodia of Avoiding Bilateral Border Dispute Resolution
Thailand and Cambodia Hold Border Talks Amid Rising Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Gold Emerges as Global Safe Haven Amid Uncertainty
Rising Bond Yields Increase Pressure on Bank of Japan
Indonesia Cracks Down on Nickel Mining in Protected Areas
Thailand and Cambodia Convene Joint Boundary Commission Amid Rising Border Tensions
Vietnam to Raise Alcohol Tax to 90% by 2031 Under New Legislation