Latest Southeast Asia Business Updates

91    2026-01-16

Southeast Asia Business Update: Key Developments as of January 15, 2026

Philippines Projected to Lead Southeast Asia in Economic Growth

The World Bank’s latest Global Economic Prospects report projects the Philippines to grow by 5.3% in 2026, ranking among the fastest in Southeast Asia (above the East Asia and Pacific regional average of 4.4%), driven by recovering consumption, infrastructure investments, and strong BPO services. The country is emerging as a key growth driver in the region.

Malaysia Doubles Salary Threshold for Executive Expatriates

The Malaysian government announced that, effective June 1, 2026, the minimum monthly salary threshold for executive expatriates (Employment Pass Category I) will double from approximately RM10,000 to RM20,000 (about $4,900 USD), aiming to prioritize local job opportunities while attracting high-quality foreign investment in semiconductors and digital economy sectors.

Bosch Appoints New President for Southeast Asia and Oceania

Bosch has appointed Robert Hesse as President for Southeast Asia and Oceania and Managing Director of Bosch Singapore, effective January 1, 2026. The company will continue to increase investments in AI, electric mobility, and industrial solutions in the region to capitalize on growth opportunities.

11982_n2cv_1013.jpeg

Regional Investment and Policy Trends Continue to Heat Up

Thailand expects to attract at least $29 billion in investment applications in 2026, focusing on data centers and electric vehicles; Ho Chi Minh City in Vietnam is promoting 100% electrification for government vehicles and ride-hailing; Southeast Asia overall benefits from global supply chain diversification, with continued foreign investment inflows into AI, data centers, and new energy sectors.

Indonesia Launches US$6 Billion State Firm to Shield Textile Industry from US Tariffs
Indonesia is establishing a US$6 billion state-owned firm to protect its textile sector from US tariffs and rising imports, bolstering manufacturing resilience amid global trade shifts.

11989_lxtz_8701.jpeg

Singapore Retail Investors Pour Net $2.6 Billion into Stocks in 2025

SGX reports retail investors net inflow of $2.6 billion into Singapore stocks in 2025, the highest since 2020, signaling strong domestic confidence amid global uncertainties.
图片