Srettha Thavisin’s dramatic fall; Nusantara’s challenging rise

This week in Asean: 

• Thailand: PM Srettha Thavisin dismissed for gross ethics violation
• Vietnam: Remains classified as a non-market economy by the US
• Indonesia: Scales back Independence Day celebrations at its new capital
• Malaysia: 99 Speed Mart launches the country’s biggest IPO in seven years

Dear BT reader,

Thailand’s political scene received a major blow on Wednesday (Aug 14) when its Constitutional Court dismissed Prime Minister Srettha Thavisin for gross ethical violations by appointing a minister who had served jail time.