The death toll from recent floods has topped 1,300, while 1.2 million people have been displaced in Indonesia alone. The insurance coverage gap is widening, as experts note that increasingly frequent extreme events threaten to make current models unsustainable. Insurance companies are preparing to exclude some natural risks, while most losses in developing countries remain uninsured.
The extradition of She Zhijiang from Thailand to China comes at a time of intense international pressure on Bangkok to crack down on criminal networks operating between Myanmar, Cambodia and Laos. The case reignites attention on the proliferation of scam centres and their impact on Thai tourism, which has seen sharp declines over the past year.
A boat carrying Rohingya refugees and Bangladeshi citizens capsized off the coast of Langkawi in one of the worst accidents ever recorded. Malaysian authorities have reported seven victims and only 13 survivors so far. This year alone, the UNHCR has reported over 600 deaths or missing persons along the Gulf of Bengal routes.
Just days after signing a deal with Thailand to defuse the (simmering) conflict over the disputed border, the US administration revoked the measure adopted in 2021 by the Biden administration. The ban was linked to China’s Ream naval base, but also to Cambodia’s human rights situation (which has worsened).
After the large-scale operation at KK Park, in the Myawaddy area on the border with Thailand, around a thousand people forced to work in illegal activities fled across the border. Some local sources expressed scepticism, noting that the operation was linked to the threat of sanctions expressed at the ASEAN summit. The criminal networks remain entrenched and enjoy political cover.
Speaking at the regional summit, Chinese Premier Li Qiang called on Asian countries to “close ranks” in the face of global challenges, primarily that of trade with the United States. Southeast Asia must maintain open markets while avoiding becoming embroiled in a trade duel between superpowers. The summit saw the ASEAN-China Free Trade Agreement upgraded. The Philippines will take over the association’s rotating presidency next year.
