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Fridays: Business insights on Southeast Asia's fast-growing economies.

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epa12825147 A man arranges empty liquefied petroleum gas (LPG) cylinders at a gas agency office in Bangalore, India, 16 March 2026. Gas supply concerns have emerged in cities such as Delhi, Mumbai, and Bangalore as the ongoing Middle East conflict disrupts parts of the supply chain in India.  EPA/JAGADEESH NV
ASEAN Business

Philippines says Iran assures safe Hormuz passage of its vessels

The guarantee ensures the safety of Filipino seafarers operating in the area and the nation’s energy sources

A "not available" sign is posted on a fuel dispenser at a gas station amid fuel shortages, amid the U.S.-Israeli conflict with Iran, in Quezon City, Philippines, March 26, 2026. REUTERS/Eloisa Lopez
ASEAN Business

Indonesia commits to low fuel prices to defend growth, stability

Finance Minister Purbaya says the government will rely on a mix of fiscal measures to absorb the oil shocks

Purbaya Yudhi Sadewa, Indonesia's finance minister, during an interview in Jakarta, Indonesia, on Thursday, April 2, 2026. Indonesia will hold off raising subsidized fuel prices despite ongoing oil shocks from the Iran war, with Purbaya warning any hike could undermine growth and threaten social stability. Photographer: Rosa Panggabean/Bloomberg
FILE PHOTO: People sit near an electronic board showing stock market index at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, February 2, 2026. REUTERS/Willy Kurniawan/File Photo
A man inspects debris at the site of a damaged building following an earthquake in Manado, North Sulawesi province, Indonesia, April 2, 2026. REUTERS/Tonny Rarung