Southeast Asia News Update
Indonesia
President Prabowo Subianto reaffirmed Indonesia’s neutral stance on the ongoing trade war between the United States and China, stating that both nations are vital trading partners for Indonesia.
Fresh calls for transparency have emerged as public attention shifts to deliberations on the Criminal Law Procedures Code (KUHAP) revision amid concerns it could uproot legal protection principles.
Singapore
The Ministry of Trade and Industry (MTI) cut Singapore’s growth forecast for 2025 to "0.0 to 2.0 per cent" on concerns that the US-China tariff war could induce a global economic slowdown.
Singapore has downgraded its gross domestic product (GDP) growth forecast for 2025 to 0 per cent to 2 per cent, the Ministry of Trade and Industry (MTI) said on Monday (Apr 14), citing the impact of US President Donald Trump’s tariffs on global trade.
Thailand
Road accidents during the first two Songkran holidays claimed 59 lives and injured 458, with speeding and drunk driving as leading causes, says safety centre.
Former prime minister Thaksin Shinawatra has expressed confidence the government’s entertainment complex bill will still enjoy easy passage through the House of Representatives, with enough support from coalition parties at hand.
Vietnam
President Xi Jinping of China will visit Vietnam from April 14 to 15 to strengthen bilateral relations between the two nations. This year marks the 75th anniversary of their diplomatic ties, as well as the Vietnam–China Year of Humanistic Exchange.
Ho Chi Minh authorities are planning to implement a new regulation that will prohibit extra classes after 8 PM. This initiative aims to reduce stress among students and promote a balanced lifestyle, allowing them to spend more time with their families.
Conclusion
The Southeast Asian region is currently facing various challenges and developments, from the ongoing trade war between the US and China to the implementation of new regulations in Indonesia, Singapore, Thailand, and Vietnam. It is essential for regional countries to maintain their neutral stance and work together to promote economic growth and stability.
FAQs
Q: What is Indonesia’s stance on the US-China trade war?
A: Indonesia has reaffirmed its neutral stance on the trade war, stating that both nations are vital trading partners for the country.
Q: Why has Singapore downgraded its GDP growth forecast?
A: Singapore has downgraded its GDP growth forecast due to concerns that the US-China tariff war could induce a global economic slowdown.
Q: What is the purpose of President Xi Jinping’s visit to Vietnam?
A: President Xi Jinping’s visit aims to strengthen bilateral relations between China and Vietnam, marking the 75th anniversary of their diplomatic ties.