Fund flow: The wave of capital outflows persists

On a country-by-country basis, Thailand led the region with net outflows of USD199.4mn, down sharply by 35.9% MoM. This suggests that outflow pressure is cooling, though it remains elevated amid domestic political instability and border tensions with Cambodia. Meanwhile, Indonesia reversed from net inflows to net outflows of USD30.0mn, reflecting weakened capital flows as foreign direct investment fell sharply in Q2/2025.