Asean Morning News For December 12

Asean Morning News For December 12

Asean morning newsAsean Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

TPPA Becomes CPTPP: From Trade Pact Princess to Cinderella
For more than seven years the leaders of 12 countries gathered amidst increasingly angry protests at diverse locations around the world negotiating in secret what was intended to be the mother of all trade deals… the Trans-Pacific Partnership Agreement (TPPA).
— AEC News Today

India proposed $1 billion credit for connectivity with ASEAN: Nitin Gadkari
India has proposed USD 1 billion line of credit to promote sea, air and road connectivity projects with ASEAN, Union Minister Nitin Gadkari said today.
— The Economic Times

BNM: Asean initiatives at ‘new pinnacle’ with local currency settlement
Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim said the Association of Southeast Asian Nations (Asean) has reached a “new pinnacle” of regional initiatives where cross-border settlements using local currencies to settle trade and direct investments have taken shape.
— The Edge Markets

Indonesia, Malaysia and Thailand seek to boost local currency settlement
The central banks of Indonesia, Malaysia and Thailand launched a framework on Monday aimed at increasing direct settlement of transactions in their local currencies to reduce the current dependence on the U.S. dollar.
— Reuters

ASEAN meeting explores ways of professionalizing public procurement to meet development challenges
In the past, procurement (purchasing) was not considered to be a specialist function but one of the numerous duties that administrators performed in their respective government departments.
— The World Bank

Need to preserve Asean’s credibility
There is a glimmer of hope that Myanmar may be prepared to take a measure of responsibility for the Rohingya. This hapless group numbers about a million, most of whom now live outside its borders because of this year’s massive state-backed violence.
— The Straits Times

ASEAN Tourism Destination Market 2017 – By Analyzing the Performance of Various Competitors
Destination Market Insight provides in-depth analysis of a tourist destination, in this case for the Association of South East Asian Nations (ASEAN). The countries included in this report are Thailand, Vietnam, Cambodia, Singapore, Brunei, Indonesia, The Philippines, Malaysia, Laos, and Myanmar.
— Mil Tech

Myanmar Seeks Agreements With Southeast Asian Countries to Send Maids Abroad
Myanmar’s Labor Ministry is seeking labor migration agreements with the governments of other Southeast Asian countries and territories to send women there to work legally as maids, a government labor official said Monday.
— Radio Free Asia

ASEAN, India step up digital connectivity
The ASEAN-India Connectivity Summit kicked off in India’s capital city of New Delhi on December 11 under the theme of “Powering digital and physical linkages for Asia in the 21st century.”
— Vietnam Plus

Catch-22 In The South China Sea: China’s Provocations And ASEAN’s Impotence
Despite upcoming talks, Manila’s deferential stance to Beijing, and wider ASEAN disunity, mean no end in sight for China’s island-building in the South China Sea. Yet those islands will destroy the coral reefs they are built on, and the very fish stocks China wants to control in the first place.
— Frontera

Books provide rudder for ASEAN-Korea partnership
The ASEAN-Korea Centre recently published a book that takes stock of the last 50 years of the Association of Southeast Asian Nations and evaluates its prospering strategic partnership with South Korea.
— The Korea Herald

First ASEAN Film Festival Held In The Netherlands
The first ASEAN film festival was held in the Dutch city of Utrecht recently as part of the celebrations for the 50th founding anniversary of ASEAN, Vietnam News Agency (VNA) reported.
— Malaysian Digest

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Overseas Cambodians Rally in Washington to Protest Hun Sen
More than a thousand Cambodians living in the United States, Canada, and France demonstrated in front of the Cambodian embassy in Washington on Sunday to demand that Cambodia release political opposition leader Kem Sokha from prison.
— Radio Free Asia

Democracy in Kingdom dealt a setback
The dissolution of the Cambodia National Rescue Party (CNRP) is the most serious setback of Cambodian democracy since the violent incidents of 1997.
— The Phnom Penh Post

OPWC Arrives in Cambodia to Remove U.S Bombs
Tea Banh, Minister of National Defense said that the presence of the Organization for the Prohibition of Chemical Weapons (OPCW) in Cambodia shows that Cambodia did not take the chemical weapons issues to attack the United States.
— Fresh News

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Is Indonesia’s Widodo in China’s pocket?
The president’s rivals aim to portray him as overly reliant on Beijing in an emerging nationalistic campaign strategy for upcoming elections.
— Asia Times

Indonesia, Malaysia and Thailand seek to boost local currency settlement
The central banks of Indonesia, Malaysia and Thailand launched a framework on Monday aimed at increasing direct settlement of transactions in their local currencies to reduce the current dependence on the U.S. dollar.
— Reuters

Six Sectors Will Boost Industry in 2018
Industry Minister Airlangga Hartarto said six sectors are expected to boost the national industry in 2018.
— Tempo

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Japan commits 35 billion kip for Lao health
The government of Japan has committed more than 35 billion kip (US$4.2 million) for three development projects in the health sector in Laos under the Japan-Asean Integration Fund (JAIF).
Vientiane Times 

Gov’t Approves Guidance on Promotion of Cooperation with China and Vietnam
The monthly meeting of the government for November has witnessed the approval of guidance on the promotion of cooperation with China and Vietnam, and a report on the implementation of projects funded with grant supports and loans from the two neighbouring countries and that on Chinese investment in Laos.
Lao News Agency 

Capital’s faecal sludge project opened with French support
Vientiane’s first faecal sludge treatment plant was officially opened on Friday with financial support from French metropolitan agencies SIAAP, AIMF and AESN, at a cost of more than 1.2 million euros.
Vientiane Times

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Indonesia, Malaysia and Thailand seek to boost local currency settlement
The central banks of Indonesia, Malaysia and Thailand launched a framework on Monday aimed at increasing direct settlement of transactions in their local currencies to reduce the current dependence on the U.S. dollar.
— Reuters

Jacobs Douwe Egberts bids $361 mln for Malaysia’s OldTown coffee
Jacobs Douwe Egberts has offered to buy Malaysian coffee company OldTown Berhad for 1.47 billion ringitt ($361 million) as the private company looks to further expand its global coffee empire.
— Nasdaq

UK – Malaysia project generating bioelectricity from wastewater wins RM635,000 Newton Prize
Professor Phang Siew Moi was awarded the Newton Prize for her ground-breaking project that generates sustainable electricity from effluent waste processing.
— Gov.uk

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Exclusive: Myanmar to delay law that would have allowed more foreign investment
Myanmar will delay a long-awaited reform that would open the door further to foreign investment, two officials told Reuters, a move likely to disappoint cash-starved businesses amid growing doubts over the management of the economy by the country’s leader, Aung San Suu Kyi.
— Yahoo/Reuters

Myanmar Seeks Agreements With Southeast Asian Countries to Send Maids Abroad
Myanmar’s Labor Ministry is seeking labor migration agreements with the governments of other Southeast Asian countries and territories to send women there to work legally as maids, a government labor official said Monday.
— Radio Free Asia

Thailand on course to promote cross-border trade and investment with Myanmar
Thailand is planning to promote cross-border trade and investment with its neighbors, particularly Myanmar.
— NNT

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Duterte lists reasons for seeking ML extension
PRESIDENT Duterte yesterday formally asked Congress for another extension of his martial law (ML) declaration in Mindanao, this time lasting for a year, citing recruitment activities of the Maute terror group which attacked Marawi City in May, and its efforts to reorganize.
Malaya 

Transco ready to partner with China Telecom, but franchise may not allow it
The president of the National Transmission Corp. (Transco) on Monday said the state firm is a candidate to be the local partner of state-run China Telecom Corp. in the much-hyped search for a third player in the country’s telecommunications industry.
BusinessMirror 

Philippines defied experts’ advice in pursuing dengue immunisation programme
As she announced in January 2016 that the Philippines would immunise one million children with a new dengue vaccine, the nation’s then health secretary Janette Garin boasted it was a world-first and a tribute to her country’s “expertise” in research.
The Straits Times (paywall)

See here for more of today’s Philippines Morning News

 

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Car dealers to remove warranty restrictions on use of independent workshops
Major car dealers have agreed to remove restrictions on warranties and related documents, announced the Competition Commission of Singapore (CCS) on Monday (Dec 11).
Channel NewsAsia 

Is Singapore ready as the GDPR deadline draws near?
AS Singapore works towards becoming a Smart Nation, it is important to strike a balance between leveraging Big Data to transform the economy and data privacy.
The Business Times 

Singtel Jumps on Phubbing To Preserve Ah Ma’s Christmas Joy (HD video) *Updated
Around the world Christians are preparing to celebrate Christmas. While for many people the event is one of happiness and an opportunity for strengthening family bonds, for others it’s a time of sadness and loneliness, with the modern-day neologism of phubbing (snubbing someone in favour of a mobile phone) often to blame.
— AEC News Today

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

EU to resume political contact ‘at all levels’ with Thailand: statement
The European Union will resume political contact “at all levels” with Thailand, its foreign affairs council said on Monday, after putting relations on hold following a 2014 coup by the Thai military.
— Reuters

EEC economic zone sees rise in number of business permit applications, expansion requests
The Department of Industrial Works reported a rise in business permit applications and requests for expansion in the Eastern Economic Corridor (EEC), thanks to the government’s clear economic policy.
— NNT

Thailand tops road death ranking list
Thailand now tops the rankings as the country with the highest death rate in road accidents, according to one global survey.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

New SBV decree to ease gold trading regulations
The State Bank of Việt Nam is collecting feedback for a decree on gold trading, which will include a monopoly for the central bank on accepting gold deposits.
— Viet Nam News

What’s behind Vietnam’s corruption crackdown?
Vietnam’s crackdown on high level corruption has led to the arrest of dozens of officials from state oil firm PetroVietnam and the banking sector.
— Reuters

Vietnam’s oil exploitation exceeds set plan
The Vietnam National Oil and Gas Group (PVN) produced 14.27 million tonnes of oil during January-November, exceeding its set plan of 2.6 percent.
— VietnamPlus

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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