ASEAN factories face closures and layoffs as war-driven cost shock spreads
MONDAY, JUNE 01, 2026
Factories across Southeast Asia are shutting down and cutting jobs as the Iran war drives up raw-material, energy and shipping costs, exposing widening pressure on SMEs and traditional manufacturers despite strong electronics exports.
Philippines, Japan reinforce oil stockpiles amid Mideast tension
FRIDAY, MAY 29, 2026
Tokyo summit commits Japan’s industry ministry and the Philippine energy department to cooperation on reserves, with a survey team due as early as June.
CP AXTRA Partners with Ayala to Strengthen Mall Development and Asset Management
WEDNESDAY, MAY 27, 2026
Bangkok, 27 May 2026 — CP AXTRA Public Company Limited, the operator of ASEAN’s leading wholesaler - retailer Makro and Lotus's, will strengthen mall development and asset management at Makro in Thailand under a Memorandum of Cooperation (MoC) signed with Ayala Corporation, one of the Philippines’ largest conglomerates.
Anutin and Marcos discuss food, trade, investment and energy cooperation
SATURDAY, MAY 09, 2026
Prime Minister Anutin Charnvirakul met Philippine President Ferdinand Marcos Jr. in Cebu, praising the successful 48th ASEAN Summit and closer regional cooperation.
Anutin, Wong back stronger ASEAN bargaining power globally
FRIDAY, MAY 08, 2026
Anutin Charnvirakul and Lawrence Wong agreed that ASEAN should use its collective strengths to raise its bargaining power and support the ASEAN Power Grid.
Thailand and Vietnam Target $25bn Trade Milestone at ASEAN Summit
FRIDAY, MAY 08, 2026
Prime Minister Anutin Charnvirakul and Vietnamese PM Le Minh Hung pledge to deepen economic ties and accelerate infrastructure investment in Cebu talks
ASEAN summit in Cebu: leaders look for a joint plan to blunt Iran war fallout
FRIDAY, MAY 08, 2026
ASEAN leaders meeting in Cebu are expected to push joint steps on energy and food security as the Iran war and Strait of Hormuz disruptions squeeze oil-dependent economies.