ASEAN foreign ministers convene in Manila amid ongoing discussions on Myanmar and regional issues. Bank Indonesia is set to announce its latest interest rate decision, with potential for further hikes due to a weakening rupiah. South Korea will release its Q2 GDP figures, expected to show growth driven by the AI-fueled chip sector.
Egypt has launched a new monorail line connecting Cairo to its ambitious new capital, designed to be the world's second-longest single-route line after one in China. Despite modern features, high fares and past project skepticism are hindering commuter adoption.
China closed approximately 30,000 kindergartens and primary schools in 2025, reflecting a significant demographic decline. While early childhood and primary education sectors are shrinking, high schools and universities are expanding.
South Korea's GDP per capita is expected to rise 7.6% in 2026 to approximately $39,000, marking the strongest annual growth in five years, driven by robust chip exports. Projections indicate a potential rise above $40,000 if the Korean won strengthens.
Malaysia's state pension fund, Kumpulan Wang Amanah Pencen (KWAP), is investigating a significant investment loss from its stake in Indonesian aquaculture technology firm eFishery. The probe follows reports of eFishery's valuation dropping substantially.
