US hits Southeast Asia in new tariff wave, with 10% for Cambodia, Indonesia and Malaysia, 12+% for the Philippines, Singapore, Thailand and Vietnam.
H1 2026 international tourist arrivals results pour in: Malaysia sees 21 mil (including excursionists, +3% YoY), the Philippines 2.9 mil (+6% YoY), Cambodia 1.8 mil (-48% YoY), Laos 2.6 mil (+10% YoY), and Myanmar 531k (+6% YoY).
Business events are the focus for Singapore and Indonesia, each holding forums dedicated to the sector. Singapore launches a raft of announcements to support MICE, along with touting a new MICE sustainability roadmap, with the recognition that sustainability is an “important competitive advantage”.
Malaysia scores the F1 Bahrain Grand Prix fixture for Oct, with hotels already reporting high interest and bookings, and the private sector being urged to take advantage of the unexpected windfall.
Singapore Airlines reports its first quarterly deficit since the pandemic for its Q1 2026/2027 results, with fuel costs up $991 mil SGD. Indonesia AirAsia posts -1.8% YoY decrease in revenue for H1 2026, with fuel up 47% YoY. However, Vietnam Airlines bucks the trend, seeing consolidated revenue +28% YoY.
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