STI falls 1.6% as OCBC and UOB lead losses
Citi downgraded OCBC to sell, while Singapore’s broader market recorded 270 gainers and 269 decliners.
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- EconomyIndonesia
Indonesia’s foreign exchange reserves reach US$146.3 billion in September
Bank Indonesia said the reserves could cover 5.3 months of imports, exceeding the international adequacy benchmark of around three months.
- EconomyMore ASEAN
Cambodia puts nearly US$500 million towards energy price relief
The measures include per-litre fuel subsidies and cuts to special taxes and value-added tax on petrol and diesel.
- EconomyVietnam
Vietnam’s 2026 GDP growth forecast lifted to 7.4 per cent
The World Bank expects manufacturing, exports and expanded public investment to support growth, but warns of risks if global AI demand falls.
Dialog venture awarded Thai exploration block with US$14.3 million work commitment
Pan Orient Energy (Siam) Ltd will operate L8/66 with a 70% interest, but the concession agreement still needs to be finalised and signed.
- MarketsIndonesia
Indonesia awards Rp10 trillion in sukuk auction
Bids reached Rp32.61 trillion across eight series, while the government kept the award at its indicative target.
- Trade & PolicyThailand
Thailand hopes to sign US trade deal during Trump's Asia visit
Thai officials say negotiations are in their final stage after Donald Trump wrote to Prime Minister Anutin Charnvirakul expressing expectations of an agreement soon.
- Business & CompaniesVietnam
Samsung Electro-Mechanics plans US$1.85 billion plant expansion in Vietnam
The Vietnam subsidiary aims to finish construction and start operations by June 2030 as part of a wider semiconductor substrate investment programme.
- Business & CompaniesVietnam
German-owned projects in Vietnam total an estimated US$3.7 billion
AHK Vietnam says 620 projects have generated at least 55,000 direct jobs, while German businesses are expanding into engineering and digital services.
- PropertyThailand
Former Dutch embassy site in Bangkok reportedly fetches over ฿20 billion
Thai business media identify two property groups as the buyers, with early plans indicating branded residences and a health and wellness project.
