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

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ASEAN Business

Fintech titans GCash and Maya test IPO goals as Philippine market thins

The profitable rivals backed by Globe Telecom and PLDT are taking different routes to market

GCash, owned by mobile payment firm Mynt, is now the Philippines' largest platform for cashless transactions. The app is now used to pay for even the smallest items, including fresh produce and fare for a ride on a motorised rickshaw. 
ASEAN Business

‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics

Regional growth in H2 is expected to slow amid high oil prices, US tariffs and fiscal concerns, says economist

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. REUTERS/Stringer
ASEAN Business

Millions-strong Myanmar diaspora fuels Thai market from craft beer to credit

The community spends over 221 billion baht a year, creating a new consumer market for the kingdom  

ASEAN Business

Jakarta deploys thousands of police as students protest Prabowo

Observers say students are not the only ones concerned at the economy or Prabowo’s policies

Demonstrators during an anti-government protest in Jakarta, Indonesia, on Friday, June 12, 2026. Students gathered in the capital, angry at the rising cost of living and calling on President Prabowo Subianto to rein in big-ticket spending. Photographer: Dimas Ardian/Bloomberg
ASEAN Business

Vietnam’s stock market liquidity dries up after VN-Index’s record run in May

Trading activity in the country’s equities has quietened significantly

Ho Chi Minh City Stock Exchange (HoSE) Building in Vietnam.