Asean Morning News For December 19

Asean Morning News For December 19

Asean morning newsAsean Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

ASEAN free trade pact: House panel calls for better access to Indian goods
The Department of Commerce should furnish a note on the assessment of the working of India-ASEAN trade in goods agreement and seek better market access for goods in order to have more balanced trade, a Parliamentary Standing Committee on Commerce on ‘Trade with ASEAN countries’ has recommended.
— Business Line

ASEAN free trade to put pressure on Viet Nam
According to the ASEAN Trade in Goods Agreement (ATIGA), Việt Nam will have to cut 669 tariff lines to zero per cent in January 2018.
— Vietnam News

Asean Unity Key to Tackle Emerging Challenges: FM Retno
Foreign Minister Retno Marsudi on Monday (18/12) emphasized the importance of unity of the Association of Southeast Asian Nations, to prevent it from becoming a region of proxy fights between major powers.
— Jakarta Globe

Social impact of globalisation in Asean communities
THE Secretariat Office of the MIB Supreme Council received a 12-member delegation on May 25 this year, consisting eight members of the Honorable House of Representatives (Senate) and four officials from the Secretariat Regional Representative Council.
— Borneo Bulletin

Growth-blessed Asean has more to cheer about in 2018
Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a spate of elections.
— Business Mirror

Vietnam upgrades areas in disputed sea—analyst
AS China continues to transform disputed territory in the South China Sea into features capable of sustaining air and naval bases, Vietnam is also upgrading areas it occupies.
— Manila Standard

PH, Thailand forge cooperation on banking supervision
The Philippine and Thai central banks have signed a memorandum of understanding (MOU) to foster greater cooperation on banking supervision between the two countries.
— Inquirer

Speaker-line up for ASEAN Gaming Summit 2018 announced
Asia Gaming Brief has announced the release of its conference program for the highly-anticipated ASEAN Gaming Summit 2018 (March 20-22), to be held next year at the Conrad Manila in Philippines.
— Calvin Ayre

ASEAN cultural fair and market held in Central Taiwan
On Sunday Dec. 17 in Taichung, Taiwan, the city’s Economic Development Bureau and the Manila Economic and Cultural Office in the city hosted an ASEAN cultural fair and market.
— Taiwan News

Commentary: Remembering Khun Surin, an ASEAN people’s hero
A number of prominent ASEAN figures including Khun Surin Pitsuwan, who formed a group known as the “wise men,” were planning to meet in Singapore on Dec. 1 to discuss the Rakhine issue. The Rakhine issue is not merely an isolated problem for the government and people of Myanmar, but an issue for ASEAN as a whole.
— The Jakarta Post

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Dissolved Cambodia Opposition Rejects PM Hun Sen’s Call to ‘Form New Party’
A senior official from Cambodia’s recently dissolved opposition party on Monday rejected a suggestion by the country’s prime minister to “form a new political party” ahead of upcoming elections, calling it a tactic meant to “defuse international pressure” over ongoing restrictions on democracy.
— Radio Free Asia

As Hun Sen goads West, minister quietly notes massive cost of sanctions
With Prime Minister Hun Sen publicly daring Western countries to impose sanctions in response to the recent dissolution of the country’s main opposition, the minister of commerce has quietly expressed concern at the staggering customs bill Cambodia would incur should the EU suspend its preferential trade treatment, a leaked letter to the premier shows.
— The Phnom Penh Post

MoI Shuts Down Over 300 Print Media Outlets
Minister of Information Khieu Kanharith annouced on Monday to shut down 330 inactive print media businesses, according to the Minister of Information’s facebook page.
— Fresh News

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Indonesia gaming industry has great economic potential: Industry group
The gaming and animation industry has great potential to boost the economy, as Indonesia is one of the largest markets of the global industry, the industry association has said according to a kompas.com report recently.
— The Jakarta Post

President Jokowi keen to invest in five start-ups
President Joko Widodo (Jokowi) has decided to become an investor in five start-ups that are operating their businesses in Bandung, West Java.
— Antara

Rp100bn Needed for Bali Tourism to Recover after Mt Agung Erupts
Tourism Minister Arief Yahya said that promotional efforts that will cost at least Rp100 billion will be needed for Bali tourism to recover after Mount Agung eruption.
— Tempo

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

 China Outlines Cooperation Strategy with Lower Mekong Countries
Chinese government has outlined a cooperation strategy under Lancang-Mekong cooperation mechanism with five lower Mekong countries for win-win situation, peace and stability in the region.
— Lao News Agency 

Singapore on top, Laos on the bottom – English proficiency
The EF English Proficiency Index is out for 2017, the seventh overview of countries where English is not the native language. Ranked from top to bottom and broken up into specific demographics.
Phuket Gazette 

Lao leader begins Vietnam visit
General Secretary of the Lao People’s Revolutionary Party and President of Laos Bounnhang Vorachith arrived in Hanoi on December 19 morning, starting an official friendly visit to Vietnam.
Vietnam Plus 

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Call For Medical Travel Warning After Malaysia Cosmetic Surgery Death
An Australian coroner has called on Victoria’s Chief Health Officer to issue a health advisory warning for medical tourism patients following the death of a 31-year-old Melbourne man less than 24 hours after returning from Malaysia were he had undergone ‘extreme makeover’ cosmetic surgery.
— AEC News Today

Malaysia promotes sustainably-produced palm oil in Japan
Malaysia is promoting sustainably-produced palm oil in Japan following the approval of Malaysian timber usage for the Tokyo 2020 Olympic and Paralympic Games.
— New Straits Times

Malaysian PM gets likely boost with electoral boundaries ruling
Malaysian Prime Minister Najib Razak on Monday likely gained ground ahead of national elections next year when the Court of Appeal ruled that the Election Commission can go ahead with a controversial redrawing of voting boundaries.
— Reuters

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Activist Investor Files Chevron Proxy Resolution on Myanmar Rights Concerns
An activist investor in Chevron Corp said on Monday it filed a shareholder resolution that would require the oil producer to report on the feasibility of ending operations in Myanmar, where a crackdown on minority Rohingya Muslims has been decried by the United States as “ethnic cleansing.”
— US News/Reuters

Factbox: International reaction to arrest of Reuters reporters in Myanmar
Several countries, the United Nations and journalist groups are demanding the release of Reuters reporters Wa Lone and Kyaw Soe Oo from detention in Myanmar.
— Reuters

Satellite imagery shows new destruction in Rakhine State
Analysis of satellite imagery reveals new destruction of Rohingya villages during October and November 2017 in the northern Rakhine State in Burma. This latest report, along with their evidence, has been released by Human Rights Watch today.
— Phuket Gazette

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Duterte to sack 90 gangster cops for corruption
President Duterte will fire about 90 policemen over corruption as he stressed that he would not tolerate “gangsters” in government.
Philstar 

Remittances rise to $2.27B in October
CASH remittances recovered in October to a two-month high, the central bank reported on Friday, as overseas Filipino workers (OFWs) took advantage of a weaker peso to get more out of their funds.
BusinessWorld

Lifting QR on rice to benefit the poor
The lifting of the quantitative restrictions (QR) on rice imports in favor of tariffs will bring several benefits to the economy, with the retail price of the food staple expected to be slashed by as much as P7 per kilo, the Department of Finance (DOF) said.
Malaya 

See here for more of today’s Philippines Morning News

 

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

PM Lee on overseas leave
Prime Minister Lee Hsien Loong will be on overseas leave from Dec 19 to 31.
Channel NewsAsia 

Changi Airport welcomes 60 millionth passenger for this year
Changi Airport welcomed its 60 millionth passenger for this year yesterday, a first for the airport in its 36-year history.
The New Paper

Singapore’s core exports rise due to gold, chemicals
Singapore’s key exports rose a better-than-expected 9.1% in November from a year ago, with the biggest lift coming from industries such as gold and chemicals as the city-state’s economic recovery continued to broaden beyond the key electronics sector.
Nikkei Asian Review 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Thai central bank seen keeping key rate steady as growth quickens: Reuters poll
Thailand’s central bank is expected to leave its benchmark interest rate near record lows on Wednesday, the year’s final review, as economic growth picks up, inflation is still tame and high household debt remains a worry.
— Reuters

BOI agrees on SME support measures
The Board of Investment (BOI) has approved measures designed to assist SMEs and will extend the assistance program until 2019.
— NNT

Treasury projects accelerated
The Treasury Department has put several of its long-delayed commercial development plans worth a combined 90 billion baht and its low-cost housing scheme for the poor on the front burner for next year, says its chief.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Vietnam to sell 900,000 tonnes of alumina to UAE
The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) signed a contract to supply alumina to Emirates Global Aluminum (EGA) from the United Arab Emirates (UAE) for three years from 2018-2020.
— Nhan Dan Online

Rubber export revenue picks up 39 percent
Vietnam earned more than 2 billion USD from exporting 1.2 million tonnes of rubber during January-November, up 39 percent in value and 8.4 percent in volume, according to the General Department of Vietnam Customs.
— VietnamPlus

Wood exports to EU to reach $1bn by 2020
Annual revenue to hit $1 billion mark on the back of EVFTA, according to Vietnam Timber and Forest Product Association.
— Vietnam Economic Times

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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