The Thai real estate sector is on the brink of a financial time bomb. From April 2025 to December 2026, more than 266 billion baht in real estate bonds are due for repayment—many of which fall into high-yield or non-rated categories, posing a significant risk of default.

Indonesia’s economy is under significant pressure as the rupiah hits a 27-year low, and the Jakarta Stock Exchange Composite Index plunges 7.1%—its steepest drop in 14 years.