Try GOLD - Free

South-east Asia had a decent 2025. So why does no one feel like celebrating?

The Straits Times

|

December 18, 2025

Home-grown dysfunction is clouding the region's genuine gains this year - and 2026 will be less forgiving.

- Bhavan Jaipragas Deputy Opinion Editor

South-east Asia had a decent 2025. So why does no one feel like celebrating?

Hypothetically, which Asean country would be confident enough to put its hand up and say: yes, all things considered, we had a pretty good 2025?

A few strong contenders come to mind. Vietnam, adroitly managing superpower ties, negotiating United States President Donald Trump's "Liberation Day" tariffs down from 46 to 20 per cent, its economy roaring. Easily East Asia's trade war winner.

Malaysia, recipient of multiple attaboys from global commentators for one of the liveliest - productive, even - Asean chairmanships in recent years. And Singapore, central to efforts such as the launch of the Future of Investment and Trade Partnership, has won plaudits for standing up, as the little guy, for free trade amid Mr Trump's sweeping protectionist agenda.

Chances are none of these contenders are in a back-patting mood. They must have enough self-awareness to know that, rightly or wrongly, the world often looks at Southeast Asia as a whole, rather than as its various parts.

The overall message from here will, strikingly, not be one of resilience in the face of US-induced daily gyrations, but of internal dysfunction - to varying degrees, yet more pronounced this year.

Scroll across the region on Google Maps, pausing at most of the countries, and the learned observer's first instinct will not be: here is a region humming along just fine. Quite the opposite - there is ample evidence of own goals.

For the most obvious of these, hover your cursor first over the Thai-Cambodian border. Why has fighting between the neighbours flared up this year after years of peace? And after much ado about a Trump-brokered truce in October, why have skirmishes been rekindled over the past two weeks?

Colonial-era cartography and centuries-old attachment to temple ruins in the disputed area do not, on their own, explain it.

OWN GOALS GALORE

MORE STORIES FROM The Straits Times

The Straits Times

More power to drivers, ‘better racing’ in 2026 Fl season

Formula

time to read

2 mins

December 19, 2025

The Straits Times

Common hormonal disorder linked to longer reproductive lifespans in S'pore women

Study finds women with milder form of PCOS condition may conceive more easily

time to read

3 mins

December 19, 2025

The Straits Times

The Straits Times

Personal touch

These designers turn glass, sequins and metal yarn into handmade accessories

time to read

4 mins

December 19, 2025

The Straits Times

Singtel-owned Optus criticised in review for failures in Australia's fatal emergency call outage

Optus’ management has been sharply criticised in an independent review into September’s fatal emergency call outage, which found that a series of avoidable failures and cultural shortcomings at Australia’s second-largest telecommunications services provider contributed to the incident.

time to read

1 mins

December 19, 2025

The Straits Times

India defends efforts against doping

India tops the rankings of global sports drug cheats for a third straight year, the World Anti-Doping Agency (WADA) said, marking a dubious hat-trick for the country.

time to read

1 mins

December 19, 2025

The Straits Times

The Straits Times

FairPrice extends discounts for vulnerable S'poreans till end-2026

Vulnerable Singaporeans will continue to enjoy savings on daily essential items such as rice and eggs until Dec 31, 2026, after FairPrice Group (FPG) on Dec 18 announced an extension of its daily discount schemes.

time to read

2 mins

December 19, 2025

The Straits Times

BlueSG disposes of entire EV fleet ahead of relaunch

Three-door Bluecar vehicles scrapped; larger models sold to used car dealerships

time to read

2 mins

December 19, 2025

The Straits Times

'I inherited a mess, I'm fixing it': Trump vows an economic boom

He insists prices of petrol and groceries that have worried Americans are falling rapidly

time to read

6 mins

December 19, 2025

The Straits Times

Disney+ makes political K-drama with $6lm

Made In Korea unites heavyweight actors Hyun Bin and Jung Woo-sung

time to read

2 mins

December 19, 2025

The Straits Times

The Straits Times

'No shame' as softballers lose to Filipinos

Back in 2015, a bronze medal at the SEA Games was enough to make the Singapore men's softball team feel overjoyed.

time to read

3 mins

December 19, 2025

Listen

Translate

Share

-
+

Change font size