Asean Morning News For August 28

Asean Morning News For August 28

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

ASEAN Needs to Act Urgently on Myanmar Military Violence in Rakhine State
This is the time to act, or we would have another Cambodia in our backyard.
— ReliefWeb

MPs fret over trade deficit with ASEAN
The Parliamentary Standing Committee on Commerce has questioned the government for suggesting that the country’s increasing trade deficit with ASEAN nations is due to imports of essential commodities and has strongly recommended that India seek better market access for its products and services with the 10-nation bloc.
— The Hindu

Hi-tech deal inked to aid Asean fishing
The United States Agency for International Development Oceans and Fisheries Partnership (Usaid Oceans) and UK satellite operator Inmarsat have signed a partnership agreement to improve traceability and…
— Bangkok Post

High-speed trains for the prosperity of South-East Asia
ONE after another, South-East Asian countries are joining hands with China to build high-speed railways. The latest such project is a 688km high-speed railway along the eastern coast of Malaysia, for which the groundbreaking ceremony was held on Aug 10.
— The Star Online

Leading Joint-Venture University in China seeks Thai and Asean students
The leading joint-venture university in China wishes to attract more students from Thailand and other ASEAN countries, as it begins accepting applications across the Asia-Pacific region this month for its forthcoming brand new undergraduate degree program for fall 2018.
— The Nation

At 50, ASEAN faces unpleasant reality check
Prescriptions for ASEAN on its 50th year vary, but all of them require a tough reality check that will determine how capable Southeast Asia’s key regional grouping is of remaking itself – or whether it chooses to stay within the safe, familiar confines of its old habits.
— Rappler

ASEAN’S MARCH INTO THE DIGITAL ECONOMY
THOSE of us who witnessed the founding of Asean in August 1967 could not have imagined how much would be achieved in 50 years.
— Thai Visa

ASEAN Villas to be leased after regional bloc’s meetings
THE ASSOCIATION of Southeast Asian Nations (ASEAN) Villas at the Clark Freeport Zone will be offered to interested parties for lease, after the ASEAN Defense Ministers’ Meeting with their partners (ADMM-Plus), scheduled on Oct. 23 and 24.
— BusinessWorld Online

ASEAN should benefit from Industry 4.0
From artificial intelligence and robots, to big data and clean energy, disruptive technologies are rapidly redefining our daily lives, our businesses and economies. And in our interconnected world, these deepening impacts of “Industry 4.0” should compel countries to prepare for changes.
— The Jakarta Post (paywall)

 

Cambodia morning newsCambodia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Industry 4.0: Executives on how ‘smart factories’ will impact Cambodia
The next industrial revolution will introduce “smart factories” in which computers and robotics communicating wirelessly will handle physical processes with very little input from human operators, leaving few job opportunities for unskilled workers, executives of German industrial giants said during a briefing in Phnom Penh on Friday.
The Phnom Penh Post

Business Insider: Marketing the luxury of Rolls-Royce in developing Cambodia
Rolls-Royce is one of the most famous and distinguished brands in the world. The Post’s Cheng Sokhorng spoke to Thomas Buehler, general manager of Rolls-Royce Motor Cars Phnom Penh, about the luxury car brand’s presence and marketing in Cambodia.
The Phnom Penh Post

Yingluck Shinawatra escape via Cambodia mere ‘rumour’, officials say
Cambodian officials yesterday dismissed media reports that former Thai Prime Minister Yingluck Shinawatra fled the country to Dubai via Cambodia ahead of a court decision, saying they had “no record” of such activity and calling the reports “rumours”.
The Phnom Penh Post

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Rama Ariadi    @AriadiRama

 

Sri Mulyani: Indonesia is Built with Debts
However, according to Sri Mulyani, if the debt is well managed, it will be the solution to some problems in Indonesia.
— Netral News

Indonesia’s banking industry is attracting many investors — but there are major risks
High margins, a large market with low banking penetration and healthy economic growth are key reasons why Indonesia is considered one of the most attractive markets for financial institutions in Southeast Asia.
— CNBC

Indonesia faces more barriers in palm oil exports
The freshest challenge was received from the Indian government which recently increased its import duty for Indonesian crude palm oil (CPO) entering the nation by 100 percent from 7.5-15 percent.
— Hellenic Shipping News

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Lao government to limit civil servants number
The Lao government will employ only as many new staff as needed to fill the vacancies created by retiring officials, while also attempting to ensure that civil servants are more productive, the government has decided at a weekend meeting.
Xinhua 

China-Laos railway enters phase of comprehensive construction
The Laos-China Railway Company announced on Sunday that the China-Laos railway project has entered the phase of comprehensive construction in an orderly and effective way.
Xinhua 

Hydropower, resources to spur Lao’s ties with region
THE ABUNDANT natural resources of Laos, including its vast hydropower potential and food resources, could help drive economic cooperation with the region and the rest of the world, according to a leading young Lao businessman.
The Nation 

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Westports on RM10bil expansion
Westports Holdings Bhd is expected to invest up to RM10bil to double its container-handling capacity and the company will tap the bond market to partly finance this plan.
—The Star Online

Malaysia to promote halal exports at expo
Exporters from Malaysia, the world’s largest producer and exporter of halal food products, are going to showcase its multi-billion dollar halal industry that last year recorded $9.79 billion (RM42 billion) worth of Halal exports worldwide – at the 9th edition of the Halal Expo Dubai to be held on Sept. 18-19 at the Roda Al Bustan Hotel near Dubai International Airport.
Saudi Gazette

Alipay extends reach in Malaysia with Starbucks
Alibaba’s mobile payment platform is now available in all Starbucks outlets across Malaysia, enabling Chinese visitors to the country to use the service and pay in their domestic currency.
ZDNet

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Sreypov Men    @MenSreypov

 

Govt, exporters cooperate on bean crisis
The government and traders will cooperate to buy farmers’ bean stocks to stabilise the market if negotiations with the Indian government fail to resolve the issue, according to the Federation of Chambers of Commerce and Industry (UMFCCI) yesterday.
— Eleven Myanmar

Ongoing Myanmar clashes leave 96 dead, including 6 civilians
Myanmar’s government and advocates for the country’s Muslim Rohingya ethnic minority traded charges Sunday of killing civilians, burning down buildings and planting land mines, as clashes that began last week when insurgents launched attacks against police posts continued.
— Miami Herald

Grab to invest $135 million in Myanmar market
Ride-hailing firm Grab, the main South-east Asian rival of Uber Technologies, said it would commit US$100 million (S$135 million) over the next three years to deepen its presence in Myanmar, expand to more cities and roll out its other services.
— the newpaper

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

JICA-funded P10-M biodiesel fuel plant in Davao is PHL’s first
The city officially opened Friday the country’s first biodiesel fuel plant that can convert used oil to environment-friendly biodiesel fuel.
— BusinessWorld Online

Paolo off the hook in House probe on ‘shabu’ smuggling
Presidential son and Davao City Vice Mayor Paolo Duterte found yesterday an ally in the House Committee on Dangerous Drugs after the panel decided not to include in its 52-page final report his alleged involvement in the P6.4-billion shabu smuggling.
— Manila Bulletin

Agri damage in Aurora due to ‘Jolina’ placed at P41.27-M
The cost of damage to agriculture caused by tropical storm ‘Jolina’ in the northern part of Aurora was initially pegged at around PHP41.27 million.
— Philippine News Agency

See here for more of today’s Philippines Morning News

 

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat @leakhenakhat

 

GIC invests US$1.4b in joint venture with Indian developer DLF
SINGAPORE sovereign wealth fund GIC is investing US$1.4 billion in a landmark joint venture with India’s leading real estate developer DLF Ltd, in one of the largest private equity transactions in India in the real estate space.
The Business Times 

Govt will seek to ensure no one is left behind in cashless drive
In a bid to create a cashless society as part of the Smart Nation vision, the Government will study ways to make the process inclusive so that some segments of the population, such as the lower-income and the elderly, are not left out.
Today Online

Residents try out new e-registration system to be used at Presidential Election
More than 150 people turned up at Tiong Bahru Community Centre on Saturday (Aug 26) to try out a new electronic registration system which will be used for the upcoming Presidential Election.
Channel NewsAsia 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Thailand’s Ex-Leader Leaves Supporters in Limbo After Disappearing During Trial
For two years, Yingluck Shinawatra, the former prime minister of Thailand, battled criminal charges of negligence and claims that she had cost the country billions of dollars. She appeared in court regularly and assured her supporters that she would fight until the end.
— The New York Times

Anti-graft body to be asked to probe DPM Prawit and police chief
The Thai Constitution Protection Association will on Monday ask the National Anti-Corruption Commission to investigate Deputy Prime Minister for Security Affairs General Prawit Wongsuwan and Pol Gen Chakthip Chaichinda, the national police chief, for their alleged negligence in allowing former prime minister Yingluck Shinawatra to escape out of the country.
— Thai PBS

Regime denies Yingluck deal
The National Council for Peace and Order (NCPO) yesterday denied growing speculation it had secretly agreed to allow ex-prime minister Yingluck Shinawatra to escape from the country ahead of the rice-pledging ruling last Friday.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Ministry drafts auto part tax cut
Its WTO commitments require Vietnam to maintain a tax level on import auto components between zero per cent and 30 per cent. Officials say the tax changes will also serve domestic interests.
— Bizhub

Stocks retreat on investor caution
Vietnamese shares declined slightly on Friday morning following a two-day increase as investors remained cautious about market trading conditions.
— Bizhub

Survey Claims to Shatter Vietnam Rural Consumer Market Myths
A recent survey by global performance management company Nielsen titled ‘Discover the 4 Truths About the Rural Area‘ claims to shatter four long-held myths about the Vietnam rural consumer market.
— AEC News Today

See here for more of today’s Vietnam Morning News

 

Asean Morning News is the most comprehensive selection of reports on what you need to know from around the Asean Economic Community (AEC) published. All articles are hand curated by the team at AEC News Today. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

 

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