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Business Daily

Thailand and Malaysia: Growth under pressure

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 16 June 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

Thailand and Malaysia both depend on exports to countries like China and the US for economic growth. The Southeast Asian nations are now potentially facing some of US President Donald Trump’s most punishing tariff rates. We look at some of their key industries, like rubber and manufacturing, that are threatened by the situation. Will both countries have to reinvent their economies?

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Producer/presenter: Ed Butler

(Photo: Duang Chai, a rubber farmer in Chonburi, eastern Thailand)

Transcript

Click on a timestamp to play from that location

0:00.0

Hi there, I'm Ed Butler.

0:02.7

Welcome to Business Daily from the BBC World Service.

0:10.5

Today in the second of our programs from Southeast Asia,

0:13.7

I'm looking at what governments here might be doing

0:16.7

in response to the threat of US tariffs.

0:20.3

I'm confident for my industry, but what I'm not confident is Trump, what he's going to do.

0:26.5

Everybody is not confident what he's going to do when he wakes up in the morning.

0:30.1

He will change his mind. That's the uncertainty.

0:33.8

We don't know what's going on. Yeah. Yeah.

0:37.3

Also in the program, the challenges that workers are facing to make ends meet.

0:42.9

I work in a system where I have to work hard to get commission.

0:48.1

It is very exhausting because we work long hours.

0:51.6

I struggle. I struggle with it.

0:53.8

Feeling the squeeze in Southeast Asia.

0:56.9

That's Business Daily from the BBC.

1:16.1

So this is where it all happens.

1:21.2

If you ever wondered where rubber comes from, well, it's here.

1:27.3

A lot of it, I almost just trodden a snake there, which is just crawling through the undergrowth here.

1:33.9

I'm standing in a rubber plantation in Dumburik, which is in eastern Thailand.

1:37.4

Thailand being the number one exporter globally.

1:46.9

A third of the world's rubber comes from Thailand and many of its rather more picturesque snakes as well, by the looks of the reptile that is slithering across the leaves in front of me here. There are little cups attached to each tree

1:53.1

and a tap, a metal tap which sticks off out of the grazed bark of the tree which is dispensing a small amount of white liquid.

...

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