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

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ASEAN Business

Thai Air to raise fares as fuel costs soar and demand surges

The carrier will raise ticket prices by 10% to 15%, as its Europe flights in March reach 90% of seat capacity

ST20250303_202567200574/pixgenerics/Brian Teo/Generic of a Thai Airways airplane at Changi Airport Terminal 3 on March 3, 2025. Can be used for stories on Thai Airways, changi airport, travel, aviation industry. ST PHOTO: BRIAN TEO
ASEAN Business

Malaysia has enough supplies to maintain subsidised transport fuel price, PM Anwar says

The Cabinet will hold a special meeting on Friday to review the country’s fiscal position

KUALA LUMPUR, 24 Julai -- Pengguna menggunakan petrol RON95 pada kenderaan mereka ketika tinjaun fotoBernama di Petronas Jalan Bangsar hari ini.

Perdana Menteri Datuk Seri Anwar Ibrahim semalam mengumumkan harga petrol RON95 akan turun lebih rendah iaitu RM1.99 seliter selepas penyasaran subsidi bahan bakar itu dilaksanakan kelak.

Langkah itu tentunya bakal memberi manfaat kepada sekitar 18 juta pemandu kereta dan penunggang motosikal termasuk belia seawal usia 16 tahun dan pekerja gig.

Anwar, yang juga Menteri Kewangan berkata kerajaan juga kekal dengan rancangan menyasarkan subsidi petrol RON95 dengan perincian bakal diumumkan menjelang akhir September 2025.

--fotoBERNAMA (2025) HAK CIPTA TERPELIHARA
ASEAN Business

Indonesia lawmakers grill candidates for top regulator jobs after market turmoil

Parliament is considering 10 candidates for a total of five vacancies at the agency, known by its Indonesian abbreviation OJK

FILE PHOTO: FILE PHOTO: A worker wipes a handrail near the reflection of an electronic board displaying stock movement at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia, January 30, 2026. REUTERS/Ajeng Dinar Ulfiana/File Photo/File Photo
ASEAN Business

Vietnam taps fuel fund to steady prices amid risks of shortages

The government begins disbursing money from its fuel price stabilisation fund starting midnight on Tuesday

People queue to buy petrol at a petrol station after Vietnam's trade ministry called on local businesses to encourage their employees to work from home to save fuel amid disruptions in supply and price surges triggered by the U.S.-Israeli conflict with Iran, in Hanoi, Vietnam, March 10, 2026. Picture taken with a mobile phone. REUTERS/Khanh Vu
Workers at Taiwanese automotive electronics solutions company E-lead Electronic’s first Thai factory, which overtook its Chinese counterpart in 2023 to become the firm’s largest production base.