ASEAN has not run out of capital, but it has run out of patience for undifferentiated stories. This week, Singapore posted 6% YoY growth driven by AI-linked manufacturing, while Vietnam's manufacturing PMI rebounded to 52.8. At the same time, Thailand recorded a US$7.6 billion current-account deficit and Indonesia intervened to defend the rupiah. Emily Chen hosts Chloe Tan and Miguel Santos for a deep dive into the "volatility-carry" capacity: why investors are now rewarding markets and sectors that can convert capital into throughput while absorbing macro shocks, and why the "ASEAN recovery" label is increasingly misleading.
https://seaweekly.com/posts/2026-06-06-sea-weekly-why-asean-capital-flows-are-rotating-toward-selective-growth-stories/
