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Oil prices have surged after Iran tightened its grip over traffic through the vital Strait of Hormuz, forcing nations such as the Philippines to scramble for supply.

Oil shock sends Philippine inflation surging to 20-month high

The South-east Asian nation is vulnerable to the Iran war because it imports almost all of its oil needs from the Middle East

Sunway concluded its offer on Monday with just 33.43% of IJM shares in hand, short of the 50%t trigger point needed to finalise the acquisition.

Sunway’s IJM takeover bid lapses after falling short of acceptance threshold

Collapsed deal halts bid to create largest construction giant with market value nearing RM50 billion

The policy statement is slated to be read out by Prime Minister Anutin Charnvirakul before parliament on Apr 9-10.

Thailand plans reforms to boost growth and cut business costs, PM draft statement says

Foreign tourist arrivals dropped 2.3 per cent year-on-year to 9.17 million from Jan 1 to March 29

Min Aung Hlaing was elected the president through a parliamentary vote last Friday, formalising his grip on political power.

Genocide complaint filed against Myanmar’s new president

The 2021 coup by Min Aung Hlaing, resulting in a civil war and humanitarian crisis, leaves large numbers of Rohingya Muslims displaced

Indonesia's airlines will likely raise fuel surcharges by as much as 38%, from about 10% for jet aircraft and 25% for turboprop services.

Indonesia to let airlines increase fuel surcharges as aviation costs soar

Aviation fuel prices have surged about 70% in the country, triggered by the Iran war

The 20 largest tycoon-linked companies on the Jakarta Composite Index account for nearly 43% of index’s weighting.

Indonesia ownership warning spurs sell-off in tycoon-linked firms

Regulators speed up reforms to avoid an MSCI frontier market downgrade and foreign fund outflows

Thailand is projected to produce 21.9 million tonnes of palm oil and 3.9 million tonnes of crude palm oil in 2026.

Thailand to control crude palm oil exports, bottled prices starting April 7

The measure takes effect on Tuesday and will remain in force for one year

Amro’s current growth projection assumes Brent crude prices to remain elevated for several months before moderating to US$75 to US$85 a barrel in the second half of this year.

Asean+3 bloc to grow 4% in 2026 and 2027 despite external challenges: Amro

The region has buffers to help deal with energy price hikes stemming from the Iran conflict

Dr Prem Kumar Nair, group CEO of IHH Healthcare, says healthcare demand tends to be deferred rather than cancelled, with patients eventually returning once economic conditions stabilise.

Malaysia likely to remain attractive to medical tourists amid geopolitics, currency swings: IHH group CEO

The country’s cost-competitiveness and growing capacity are seen as advantages by price-sensitive patients

Danantara planned to combine the asset management firms it owns, aiming to build a larger player to compete locally and across the region.

Danantara advances asset manager merger with 2.7 trillion rupiah deal

Indonesia’s sovereign wealth fund seeks to create ‘a champion with strong competitiveness’

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