Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: July 4, 2025

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INDONESIA

1.INDONESIA AIMS FOR MORE COMPETITIVE US TARIFFS THAN VIETNAM’S 20 PCT DEAL — JAKARTA GLOBE

The Indonesian government is seeking lower import tariffs from the United States than those recently granted to Vietnam, in an effort to improve the competitiveness of Indonesian products in the US market. Vietnam secured a new tariff agreement with the US this week, with duties set at 20 per cent, down from an initial 46 per cent proposed by President Donald Trump in April.

2.RI AGREES TO US$34 BLN US DEAL BEFORE TRADE DEADLINE — THE JAKARTA POST

Indonesia will sign a pact worth US$34 billion with American business partners next week to boost purchases from the United States, a senior minister has said, as part of Jakarta’s efforts to strike a trade deal with Washington ahead of the July 9 deadline. Coordinating Economic Minister Airlangga Hartarto said the memorandum of understanding to be signed on July 7 would deploy US$34 billion from Indonesia into new investments and purchases in the US.

LAOS

1.CENTRAL BANK ALERTS FAKE NOTES CIRCULATION — VIENTIANE TIMES

The Bank of Lao has warned the public to be aware of counterfeit 100,000 kip banknotes circulating in the market. The central bank advised the public to be alert and examine the notes to ensure they are genuine currency.

2.TRIPARTITE DISASTER RELIEF EXERCISE — VIENTIANE TIMES

Laos, Vietnam and Cambodia military officials are preparing for the upcoming joint disaster relief exercise. Hosted by the Lao National Defence Ministry, the objective is to strengthen cooperation in mobilising resources and experts to tackle natural disasters. 

MYANMAR

1.IP RIGHTS VITAL IN MODERN ECONOMY — THE GLOBAL NEW LIGHT OF MYANMAR

State Administration Council Chairman Senior General Min Aung Hlaing emphasised the importance of intellectual property (IP) in international trade, foreign investment and scientific and technological. He said that a strong intellectual property ecosystem is essential for the development of a modern nation.

2.MYANMAR-THAILAND TACKLE DRUG TRAFFICKING — THE GLOBAL NEW LIGHT OF MYANMAR

The 26th Myanmar-Thailand Bilateral Meeting on Drug Control Cooperation was held in Shan State yesterday. It was highlighted that 40 special operations were conducted between 2013 and 2024, and a new operation was launched in May to stop drug trafficking.

SINGAPORE

1.SELLER’S STAMP DUTY RATES FOR PRIVATE HOMES RAISED; HOLDING PERIOD INCREASED FROM 3 YEARS TO 4 — THE STRAITS TIMES

Sellers of private homes will have to pay higher seller’s stamp duty (SSD) rates of between 4 per cent and 16 per cent if they sell a residential property less than four years after the date of purchase.

2.HIGHER SELLER’S STAMP DUTY FOR SINGAPORE PRIVATE HOMES; HOLDING PERIOD INCREASED FROM THREE TO FOUR YEARS — CNA

 Private property owners who sell their homes within four years of the purchase will incur a seller’s stamp duty (SSD) and pay a higher rate, the Ministry of National Development (MND) announced on Thursday (Jul 3).

THAILAND

1. THAILAND BRACES FOR US TARIFF DEADLINES, HOPES FOR EXTENSION IN CRITICAL TALKS — THE NATION

With the US tariff suspension set to expire on July 9, Thailand’s Finance Minister Pichai meets US Trade Representative to negotiate an extension and lower tariffs.

2. CASINO BILL DECISION DUE ON MONDAY — BANGKOK POST

The government is set to make a final decision on Monday on whether to withdraw the controversial casino-entertainment complex bill from the House agenda, according to Chousak Sirinil, the Prime Minister’s Office Minister.

VIETNAM

1.NAVY, FISHERMAN  ENJOY CORDIAL RELATIONS — VIETNAMPLUS

The Vietnam People’s Navy has been playing a critical role in supporting local fishermen, by providing protection and emergency assistance across the seas. The navy conducts public education campaigns to raise awareness among fishermen on lawful fishing and maritime sovereignty.

2. RISING FROZEN DURIAN EXPORTS TO CHINA — VIETNAMPLUS

Vietnam exported 14,280 metric tonnes of frozen durians in the first six months, a threefold rise compared to the same period last year. The robust exports are due to the protocol signed with China in 2024 that has created a favourable market.

— BERNAMA

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INDONESIA

1.INDONESIA AIMS FOR MORE COMPETITIVE US TARIFFS THAN VIETNAM’S 20 PCT DEAL — JAKARTA GLOBE

The Indonesian government is seeking lower import tariffs from the United States than those recently granted to Vietnam, in an effort to improve the competitiveness of Indonesian products in the US market. Vietnam secured a new tariff agreement with the US this week, with duties set at 20 per cent, down from an initial 46 per cent proposed by President Donald Trump in April.

2.RI AGREES TO US$34 BLN US DEAL BEFORE TRADE DEADLINE — THE JAKARTA POST

Indonesia will sign a pact worth US$34 billion with American business partners next week to boost purchases from the United States, a senior minister has said, as part of Jakarta’s efforts to strike a trade deal with Washington ahead of the July 9 deadline. Coordinating Economic Minister Airlangga Hartarto said the memorandum of understanding to be signed on July 7 would deploy US$34 billion from Indonesia into new investments and purchases in the US.

LAOS

1.CENTRAL BANK ALERTS FAKE NOTES CIRCULATION — VIENTIANE TIMES

The Bank of Lao has warned the public to be aware of counterfeit 100,000 kip banknotes circulating in the market. The central bank advised the public to be alert and examine the notes to ensure they are genuine currency.

2.TRIPARTITE DISASTER RELIEF EXERCISE — VIENTIANE TIMES

Laos, Vietnam and Cambodia military officials are preparing for the upcoming joint disaster relief exercise. Hosted by the Lao National Defence Ministry, the objective is to strengthen cooperation in mobilising resources and experts to tackle natural disasters. 

MYANMAR

1.IP RIGHTS VITAL IN MODERN ECONOMY — THE GLOBAL NEW LIGHT OF MYANMAR

State Administration Council Chairman Senior General Min Aung Hlaing emphasised the importance of intellectual property (IP) in international trade, foreign investment and scientific and technological. He said that a strong intellectual property ecosystem is essential for the development of a modern nation.

2.MYANMAR-THAILAND TACKLE DRUG TRAFFICKING — THE GLOBAL NEW LIGHT OF MYANMAR

The 26th Myanmar-Thailand Bilateral Meeting on Drug Control Cooperation was held in Shan State yesterday. It was highlighted that 40 special operations were conducted between 2013 and 2024, and a new operation was launched in May to stop drug trafficking.

SINGAPORE

1.SELLER’S STAMP DUTY RATES FOR PRIVATE HOMES RAISED; HOLDING PERIOD INCREASED FROM 3 YEARS TO 4 — THE STRAITS TIMES

Sellers of private homes will have to pay higher seller’s stamp duty (SSD) rates of between 4 per cent and 16 per cent if they sell a residential property less than four years after the date of purchase.

2.HIGHER SELLER’S STAMP DUTY FOR SINGAPORE PRIVATE HOMES; HOLDING PERIOD INCREASED FROM THREE TO FOUR YEARS — CNA

 Private property owners who sell their homes within four years of the purchase will incur a seller’s stamp duty (SSD) and pay a higher rate, the Ministry of National Development (MND) announced on Thursday (Jul 3).

THAILAND

1. THAILAND BRACES FOR US TARIFF DEADLINES, HOPES FOR EXTENSION IN CRITICAL TALKS — THE NATION

With the US tariff suspension set to expire on July 9, Thailand’s Finance Minister Pichai meets US Trade Representative to negotiate an extension and lower tariffs.

2. CASINO BILL DECISION DUE ON MONDAY — BANGKOK POST

The government is set to make a final decision on Monday on whether to withdraw the controversial casino-entertainment complex bill from the House agenda, according to Chousak Sirinil, the Prime Minister’s Office Minister.

VIETNAM

1.NAVY, FISHERMAN  ENJOY CORDIAL RELATIONS — VIETNAMPLUS

The Vietnam People’s Navy has been playing a critical role in supporting local fishermen, by providing protection and emergency assistance across the seas. The navy conducts public education campaigns to raise awareness among fishermen on lawful fishing and maritime sovereignty.

2. RISING FROZEN DURIAN EXPORTS TO CHINA — VIETNAMPLUS

Vietnam exported 14,280 metric tonnes of frozen durians in the first six months, a threefold rise compared to the same period last year. The robust exports are due to the protocol signed with China in 2024 that has created a favourable market.

— BERNAMA

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