Asia Pacific News
LAST UPDATE: June 25, 2025
China issues guidelines on financial support for boosting consumption
On June 24, 2025, China’s central bank and five ministries released guidelines to encourage consumer spending via financial support—streamlining lending, launching a ¥500 billion relending facility, easing liquidity tools, and promoting ETFs and REITs for consumption sectors. (reuters.com)
Insight
China is pushing a coordinated policy mix—credit support, relending, and market tools—to revitalize household consumption and confidence, signaling a shift toward demand-driven growth. These measures aim to stimulate consumption despite broader economic uncertainties.
Bank of Thailand Deputy, Banker Vie for Governor Role, Report
Candidates include Deputy Governor Roong Mallikamas, Vitai Ratanakorn (Government Savings Bank), Kobsak Pootrakool (Bangkok Bank), and economist Somprawin Manprasert, among others, competing for the Bank of Thailand governor position.
Insight
Thailand’s central bank leadership transition may define future monetary policy—leaning more dovish or conservative depending on who is selected—critically influencing inflation and growth dynamics in Southeast Asia.
RBI to Curb Short-Term Banking Cash After Months of Infusions
The Reserve Bank of India will withdraw ₹1 trillion (~$11.6 billion) via a seven-day variable-rate reverse repo auction on June 27 to absorb excess liquidity following sustained cash infusions.
Insight
This marks a shift from liquidity injection to normalization. The RBI is aiming to align short-term rates with policy benchmarks and prepare the ground for possible interest rate cuts later.
Vietnam aims to sign nuclear power plant deal with Russia in August
Vietnam plans to sign a deal in August 2025 with Russia to build its first nuclear power plant in Ninh Thuan Province. Site clearance is expected by the end of 2025, and the plant—a 6.4 GW capacity—is slated to be online between 2030–35, co-financed by state institutions.
Insight
After pausing plans nearly a decade ago, Vietnam is reviving its nuclear ambitions to support rapidly growing energy demand and reduce carbon emissions—marking a pivotal shift in its energy policy.
