Asean Morning News For March 23

The most comprehensive #Asean Morning News Roundup published

Asean Morning News For March 23
Estimated Reading Time: 45 minutes |

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.

 

Asean morning newsAsean Morning News

Compiled by AEC News Today @aecnewstoday

 

 

Asean to tackle code of conduct in South China Sea in May
CHINA will be hosting a dialogue with the Association of Southeast Asian Nations (Asean) in May over the crafting of a framework for a legally-binding code of conduct in the South China Sea, acting Foreign Affairs Secretary Enrique Manalo said Wednesday.
— Sun Star

Asean’s done better than EU in political-military security sphere
Comparing the budget of a supranational organisation such as the European Union with an intra-regional entity like Asean is absurd (How fear, luck and golf brought Asean together; March 18).
— The Straits Times

KL cheapest Asean city to live in, Singapore world’s most expensive
Kuala Lumpur has been rated the least expensive city in Asean in terms of the cost of living, while Singapore remains the world’s most expensive.
— The Star Online

Cambodia slams ASEAN Parliamentarians for Human Rights for their critical report
Cambodia on Wednesday hit back at the ASEAN Parliamentarians for Human Rights (APHR) for their critical report on democracy and human rights in Cambodia.
— Global Times

ASEAN CIOs to spend more on digital transformation
IT head honchos in the Association of Southeast Asian Nations (ASEAN) region will spend 2.2% more in 2017, mostly on digital initiatives aimed at transforming their businesses, according to a survey by Gartner.
— ComputerWeekly.com

How to turn Asean into a global power
A think tank has advocated the strengthening of Asean’s unity and economy with the aim of placing the bloc at par with global superpowers.
— Free Malaysia Today

Duterte, Prayut agree on strengthening Asean to face new regional challenges
Visiting Philippine President Rodrigo Duterte said on Tuesday that he had reached common ground with Prime Minister Prayut Chan-o-cha during a bilateral meeting in Bangkok in regard to strengthening Asean so that the grouping is better placed to face new regional challenges.
— The Nation

Alternative to TPP shows no sign of activity: analysts
While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership (TPP), which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing a rival multilateral free trade agreement that puts China and ASEAN in leading roles.
— The Phnom Penh Post

Regional meeting held on cross-border criminal justice cooperation
Senior government officials of ASEAN nations, ASEAN Dialogue Partners and other strategic partners held a meeting in Bangkok Wednesday on the issues of transnational crime, drug and security challenges.
— The Nation

New fruit shipping route links ASEAN and South China port
A ship loaded with fruit from ASEAN countries arrived at Fangchenggang Port Monday, marking a new shipping route for transporting fruit, local authorities said Wednesday.
— China Daily

Duterte’s ASEAN chairmanship gets Myanmar, Thailand backing: DFA
Myanmar and Thailand have both guaranteed full support of President Rodrigo Duterte’s 2017 chairmanship of the Association of Southeast Asian Nations (ASEAN) during his official visits to the 2 countries, acting Foreign Affairs Secretary Enrique Manalo said Wednesday.
— ABS-CBN

PH telcos capital investments among world’s highest – Ericson
Philippine telecoms firms have spent about 25 percent of their revenues on capital expenditures in the past few years. Global ICT firm Ericsson said this figure is higher than the investments in other members of the Association of Southeast Asean Nations (Asean) and is way above the global average of 16 percent.
— The Manila Times

Singapore, US affirm ‘robust’ bilateral ties
Foreign Affairs Minister Vivian Balakrishnan and US National Security Advisor Lieutenant-General H R McMaster met on Tuesday (Mar 21), and affirmed the “robust and mutually beneficial” bilateral partnership between the two countries.
— Channel NewsAsia

Maybank KE sees pick-up in deal flow
Maybank Kim Eng, the investment banking (IB) arm of the Malayan Banking Bhd (Maybank) group expects to see a pick-up in deal flow this year with 30% of the pipeline likely to made up of deferred deals from the year before.
— The Star Online

‘Bright future for Boeing in Asean region’
Boeing Co believes that its business in Southeast Asia will continue to prosper with the region’s expanding aviation market, despite today’s slow economic situation.
— New Straits Times

Vietnam to host ASEAN friendship beauty contest
According to Tran Quang Minh, head of the organising board, the regional contest promotes not only regional beauties but also friendship and unity in the bloc.
— VietNamNet Bridge

 

 

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Cambodia morning newsCambodia Morning News

Compiled by Vat Vin    @vin_vat

 

 

Keying into a hungry market
Cambodians and expats in the Kingdom’s biggest cities are increasingly finding convenience in using their computers or smartphones to order food and drinks to their homes and workplaces, fuelling demand for online meal delivery platforms.
The Phnom Penh Post

Derivatives licensing capped by regulator
Cambodia’s capital market regulator announced yesterday that it would suspend the issuance of new central counterparty licences to derivatives trading firms, claiming that capping the market at four was sufficient to serve current demand.
The Phnom Penh Post

Construction Begins on Hyatt Regency Hotel in Central Phnom Penh
Construction began on Wednesday on a 250-room Hyatt Regency hotel in central Phnom Penh, the product of a partnership between the U.S. chain and Cambodian conglomerate Chip Mong Group, which said it had invested $100 million in the project.
The Cambodia Daily (paywall)

South Korea-Funded Civil Aviation Training Center Inaugurated
A civil aviation training center was launched in Phnom Penh on Wednesday, three years after an agreement was signed with South Korea to fund the construction of the new facility.
The Cambodia Daily (paywall)

At Hong Kong Film Fest, Hope for a Booming Cambodian Film Industry Lingers
In the vibrant and diverse city of Hong Kong, Cambodian filmmakers came together for a recent exposition in the home of Asia’s biggest movie market with a shared mission – to represent Cambodian movies on the international stage.
VOA

King Sihamoni Urges Cambodians to Vote in Upcoming Elections
Cambodia’s King Norodom Sihamoni has called on Cambodians to vote in the forthcoming local elections without fear of political threats.
VOA

Cambodia slams ASEAN Parliamentarians for Human Rights for their critical report
Cambodia on Wednesday hit back at the ASEAN Parliamentarians for Human Rights (APHR) for their critical report on democracy and human rights in Cambodia.
Global Times

U.N. slams sale of Cambodian women’s breast milk by U.S. firm
The sale of breast milk from Cambodian women by a U.S. firm is a form of exploitation, the U.N. children’s agency UNICEF said on Wednesday, after reports the Phnom Penh government had suspended exports of the milk.
Reuters

Endangered elephant in Cambodia electrocuted by power pole
A park ranger in Cambodia says an endangered wild elephant has died after an electrical pole fell and electrocuted the animal.
ABC News

Cambodian Government Blasts Report on CPP Moves Against Opposition
A Cambodian government spokesman on Wednesday slammed a rights group’s report condemning ruling party moves aimed at shutting down the country’s political opposition, saying the ASEAN-linked group’s views do not reflect those of the larger regional body.
Radio Free Asia

Cambodia Appeals Court Denial of Bail ‘Flawed’: Jailed Political Analyst’s Lawyer
The lawyer representing jailed political and social commentator Kim Sok on Wednesday called a decision by Cambodia’s Appeals Court to deny his client bail “flawed,” saying the ruling assumes he is guilty of incitement and defamation charges without having been tried.
Radio Free Asia

Call for tighter ATM security
A municipal spokesman responded yesterday to local media claims that Phnom Penh’s governor was considering issuing an order to remove stand-alone ATMs from public areas across the capital, clarifying that the governor had only called for financial institutions to provide better security measures at these locations.
The Phnom Penh Post

No bidders for central bank’s repo auction
The National Bank of Cambodia (NBC) announced yesterday that no financial institutions expressed interest in its sixth liquidity-providing collateralised operation (LPCO), marking the first time the repo auction was held without attracting any bidders.
The Phnom Penh Post

Gov’t Slams ‘Outrageous’ Asean Report on Cambodian Politics
A scathing report by the Asean Parliamentarians for Human Rights (APHR) accusing the Cambodian government of threatening the country’s entire political system was branded “outrageous” and factually incorrect by the Foreign Affairs Ministry on Wednesday.
The Cambodia Daily (paywall)

Sub-Decree Relaxes Penalties Under Traffic Law
Motorists caught driving drunk will only be sent to court if they repeat their offense within a six-month period, according to a new sub-decree signed by Prime Minister Hun Sen on Tuesday.
The Cambodia Daily (paywall)

Khmer Rouge Court Reparation Plan Sparks Criticism
The Khmer Rouge tribunal plans to spend millions of dollars in reparations to the victims of the regime who were included in Case 002/02 if the former regime officials are found guilty later this year, the court has said.
VOA

A Cambodian-American Story of Love in the Time of Trauma
A recent book by an award-winning Cambodian-American novelist takes a fresh look at the trauma of living, and loving, as a Cambodian girl in the United States post-Khmer Rouge regime.
VOA

Unicef decries sale of Cambodian breast milk to US mothers
Unicef on Wednesday condemned a company selling breast milk from “vulnerable and poor” Cambodian mothers to Americans, hitting out at the commercialisation of nutrients needed by babies inside the kingdom.
The Nation

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

 

Papua asks for 10 percent in Freeport divestment
The Papua administration has requested a 10 percent share of divested shares of copper and gold miner PT Freeport Indonesia if the company abides by a requirement to sell 51 percent of its shares to national entities.
— The Jakarta Post

Indonesia Wants Control of Freeport’s Grasberg Within Two Years
The dispute engulfing the world’s second-biggest copper mine deepened as Indonesia’s government said it planned to take a majority stake in the local unit of owner Freeport-McMoRan Inc. within two years while workers at the pit threatened to go on strike.
— Bloomberg

Indonesia Short on Funds to Restart Stalled Rail Projects
Got spare change under your sofa cushions? If you do, take it to your bank, get a money order and send it to: Ministry of Transportation, Government of Indonesia, Jakarta.
— Next City

Tobacco bill contradicts 14 laws: Expert
An expert has warned that the deliberation of the tobacco bill is not worth being continued because it contradicts several prevailing laws.
— The Jakarta Post

U.S. Air Force delivers refurbished F-16s to Indonesia
Four refurbished F-16 Fighting Falcons were flown from the United States to Indonesia recently for delivery to the Indonesian Air Force.
— UPI.com

Pakistan asks Indonesia to ease visa restrictions
Pakistan insists that its bilateral relationship with Indonesia will flourish if the two countries find a solution to the strict visa requirements that have been placed against Pakistanis.
— The Jakarta Post

Indonesia port graft investigation disrupting coal shipments
Indonesia is cracking down on corruption and widespread graft at some of its top coal export hubs, disrupting shipments to destinations across Asia.
— Reuters

Indonesia to Tax World’s Fastest-Growing Internet Market
Indonesia has an open ear for companies debating a planned e-commerce tax, but a tough fist for those that defy the levy, a government spokesman told Bloomberg BNA March 21.
— Bloomberg BNA

Indonesia to produce more hoes to reduce imports
The Industry Ministry is cooperating with various state enterprises to increase the production and trade of hoes across the archipelago to fight illegal imports and reduce dependence on China.
— The Jakarta Post

Indonesia markets dual-tranche dollar sukuk at 3.75%, 4.5% areas
The Republic of Indonesia, rated Baa3/BB+/BBB-, has given initial price guidance for a dual-tranche US dollar sukuk offering.
— Gulf News

Indonesia eyes Rp 863t investment
The Investment Coordinating Board (BKPM) hopes to attract Rp 863 trillion (US$64.6 billion) in foreign direct investment (FDI) in 2018, a 27 percent increase from the 2017 goal of Rp 678.8 trillion amid the global race to be the most attractive investment destination in the world.
— The Jakarta Post

Indonesia recruits tribespeople for war against haze
Indonesia is recruiting tribespeople to help fight outbreaks of haze which shroud South-east Asia every year, with a government deal designed to tap into traditional ways of containing forest fires.
— The Straits Times

Election committee better monitor mosques misused for campaigning: Ahok’s team
Jakarta Governor Basuki “Ahok” Tjahaja Purnama’s campaign team has urged the Elections Supervisory Committee (Panwaslu) to monitor mosques for possible political campaigning.
— The Jakarta Post

World Bank trims Indonesia 2017 GDP forecast, flags inflation risk
The World Bank has revised down its growth forecast for Indonesia this year a touch, blaming global uncertainty and warning that rising inflation could crimp consumption in Southeast Asia’s biggest economy.
— The Business Times

Most Indonesians Want Jokowi’s Re-Election in 2019: Survey
More than half of all Indonesians want President Joko “Jokowi” Widodo to be re-elected in the 2019 presidential election, according to a survey released on Wednesday (22/03).
— Jakarta Globe

KPK investigates customs authorities in Constitutional Court judge’s graft case
The Corruption Eradication Commission (KPK) is probing six officials at the Finance Ministry’s Directorate General of Customs and Excise in its investigation into an alleged bribery case that has implicated former Constitutional Court (MK) justice Patrialis Akbar and businessman Basuki Hariman, a commissioner has said.
— The Jakarta Post

Russia planning series of defense contracts with Indonesia on Su-35 fighter jets
A contract to deliver Su-35 multirole fighter jets to Indonesia will be the first in a series of planned defense deals with this country, the director for international cooperation and regional policy at Russia’s defense industry conglomerate Rostec said Wednesday.
— Tass

Anti-cement plant rally goes on after farmer’s death
Following Tuesday’s death of a farmer demonstrator, about 100 NGO activists joined the Central Java farmers’ protest across from the State Palace on Wednesday, protesting a cement factory that they deem as endangering the villagers’ livelihood.
— The Jakarta Post

New platform for palm oil plantation management launched
Malaysia’s software solution provider LintraMax, in collaboration with mapping service provider Earthline, launched on Wednesday a new management system platform for palm oil plantations in Indonesia.
— The Jakarta Post

Creators Super Fest to showcase work of indie artists
Local indie artists are being encouraged to unite at Creators Super Fest, an event that aims to exhibit works from independent artists and connect them with the market. Taking place at the Grand Ballroom of Pullman Hotel Central Park, West Jakarta, Creators Super Fest will run from April 29 to 30.
— The Jakarta Post

Ahok’s wife reported for attending charity event
Cipinang Melayu residents in East Jakarta reported Veronica Tan, wife of Jakarta gubernatorial election candidate Basuki “Ahok” Tjahaja Purnama, to the election committee for allegedly violating Jakarta gubernatorial election campaign rules by attending a charity event held by the NasDem Party.
— The Jakarta Post

Unit 1 of 321-MW geothermal project in Indonesia comes online
The first unit of the 320.8-MW Sarulla geothermal power plant in Indonesia’s North Sumatra province has commenced commercial operation.
— Renewables Now

Indonesia`s human development index has rapidly increased: UNDP
The United Nations Development Program (UNDP) has recorded that Indonesias human development index (HDI), comprising per capita income, life expectancy, and education indicators, has increased rapidly in the past 25 years.
— Antara News

Indonesia: Equity crowdfunding startup Akseleran launches in Jakarta
Indonesia’s first equity crowdfunding platform Akseleran was officially launched in Jakarta on Tuesday.
— Deal Street Asia

Indonesia Cautioned of being Targeted by Pedophiles
Child sexual abuse is one of the problems often faced by Indonesia, and the government is committed to tackling the menace by imposing severe punishment, such as castration, on pedophiles involved in such crimes.
— Tempo.co

Widodo: Safeguard the Strength of Indonesia’s Household Consumption
Indonesian President Joko Widodo urged his cabinet members to guard – or even better: to improve – household consumption in Indonesia as this would have an immediate impact on Indonesia’s overall macroeconomic growth. Over the past five years, the nation’s household consumption accounted for about 56 percent of Indonesia’s gross domestic product (GDP).
— Indonesia Investments

Jokowi receives members of Traditional Community Alliance
President Joko Widodo (Jokowi) received several members of the Nusantara Traditional Community Alliance (AMAN), at the State Palace here on Wednesday, to discuss the law on traditional community or adat community.
— Antara News

Resolve land disputes through deliberations: President
President Joko Widodo (Jokowi) has called on the local communities, regional governments, and companies to avoid clashes over land disputes and to solve them through deliberations.
— Antara News

Demand for Indonesian CCO continues to rise in US, Netherlands
The demand for crude coconut oil (CCO) produced in North Sulawesi has continued to increase among buyers from the US and the Netherlands.
— Antara News

Indonesia rejects plea from ride-hailing startups for a grace period to implement new transport regulations
Last week, Indonesia’s major ride-hailing companies, including Go-Jek, Grab, and Uber, released a joint statement, opposing a revision to a transport regulation introduced by the Ministry of Transportation, which will come into effect from April 1, 2017.
— e27

Indonesia needs more women in politics, UNDP survey suggests
Greater participation of women in Indonesian politics, in terms of their presence on legislative bodies, is key to the country’s efforts to close the gender inequality gap, the United Nations Development Program (UNDP) has said in its latest Human Development Index (HDI) report.
— The Jakarta Post

 

 

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Lao PDR morning newsLao PDR Morning News

Compiled by Vat Vin    @vin_vat

 

 

Laos, Cambodia eye extra flights to boost tourism
Laos and Cambodia on Monday signed a document agreeing on the need to increase flights between the two neighbours to meet the growing demand for air transport.
Vientiane Times

UNDP presents human development report findings
Exclusion of women, people living in remote areas and ethnic groups creates chronic barriers for human development progress and leads to significant disparities within the Asia-Pacific region, leaving many behind, according to UNDP.
Vientiane Times

Thai Business People Seek Investment Opportunities in Laos
Representatives of a local company, Phongsavanh Group, and business people from Khon Kaen (Thailand) met in Vientiane this week to discuss trade and investment opportunities in the Lao PDR.
Lao News Agency

Sepon Extends Support to Local Private Sector
MMG LXML Sepon (LXML) extended a LAK 80-million Executive VIP membership contribution to the Lao National Chamber of Commerce and Industry (LNCCI) last Thursday, to further develop the capacity of the local private sector.
Lao News Agency

Vietnam drug smugglers sentenced to death over heroin haul
Vietnam has sentenced nine drug traffickers to death for smuggling nearly half a tonne (500 kilograms) of heroin into the country from Laos, a local government report said Wednesday.
The Nation

More Cambodia-Laos air links to boost tourism
Cambodia and Laos have signed a deal to encourage regional airlines to increase their services between both countries in a bid to encourage tourism.
Bangkok Post

Laos to Step Up Patrols on Vietnam Border Amid Drug Trafficking Spike
Authorities in Laos are increasing cooperation with their counterparts in neighboring Vietnam and deploying additional security forces along the boundary shared between the two countries amid an uptick in cross-border crime, according to Lao government sources.
Radio Free Asia

City bus service upgrade gets into gear
The Vientiane State Bus Enterprise in cooperation with the Japan International Cooperation Agency (JICA) and the Vientiane Traffic Police Department is making progress in modernising the capital’s urban transport system.
Vientiane Times

NA members push ministry on agriculture, forestry issues
The creation of conditions to facilitate rural development including animal husbandry and agriculture project management are some of the main issues that members of the public want corresponding government sectors to address.
Vientiane Times

Newton International Readies to Help Firms Penetrate New Markets
An experienced consulting firm, Newton International, has announced that it is more than happy to help both Lao and overseas companies access new markets and investment opportunities and ensure their sustainable business growth.
Lao News Agency

Draft Amendments for Justice, Defense, Public Security Laws Brainstormed
The National Assembly held a meeting to brainstorm draft amendments to two laws of the Public Prosecutor’s Office and the People’s Court that deal with the handling of people’s complaints to make sure the two legislations meet current requirements.
Lao News Agency

Lao New Year To Extend Over a Five Day Period This Year
Lao New Year, known as Pi Mai Lao, is traditionally celebrated for only three days from April 14-16. This year it has been extended to five days.
The Laotian Times

Police seize 98kg of marijuana smuggled from Laos
Border patrol police intercepted 98 kilograms of marijuana smuggled across the Mekong River from Laos to Bueng Kan province early on Wednesday.
The Nation

To West Coast, with love from Laos
“I am a great fan of the West Coast Eagles, I will always support them.”
That quote could have come from any number of Eagles fans in WA, after yet another drug scandal engulfed the club in controversy yesterday.
The West Australian

 

Malaysia morning newsMalaysia Morning News

Compiled by Vat Vin    @vin_vat

 

 

2017 GDP to be slightly higher than 4.2 pct, says Najib
Malaysia expects to record a slightly higher Gross Domestic Product (GDP) growth this year from 4.2 per cent achieved last year, Prime Minister Datuk Seri Najib Razak said today.
New Straits Times

US to charge Malaysia businessman Jho Low in 1MDB scandal: Report
US authorities plan to file criminal charges against a businessman suspected to be at the centre of a major corruption scandal that has embroiled Malaysia’s prime minister, the Wall Street Journal reported.
Channel NewsAsia

Bank Negara’s international reserves at US$94.9 billion
Bank Negara Malaysia’s international reserves amounted to US$94.9 billion (RM425.5 billion) as at March 15.
New Straits Times

AirAsia’s Indian JV firm files police report
AirAsia (India) Ltd (AAIL), AirAsia Bhd’s joint-venture with the Tata group, has filed a police report following a probe into irregular personal expense claims and certain company charges.
The Star Online

Malaysian palm oil price nears two-week peak on slower production, soyoil gains
Malaysian palm oil futures hit a near two-week high on Wednesday, marking a second straight day of gains amid an uncertain production outlook and forecasts for a soyoil rally.
The Star Online

Rafale appears in the lead as Malaysia seeks new fighter jets: defense source
France’s Rafale fighter jet is emerging as the frontrunner as Malaysia looks to replace its aging fleet of combat aircraft, a source in the Southeast Asian nation’s defense ministry said on Wednesday, despite narrowing its defense spending this year.
Reuters

Alibaba to set up regional logistics hub in Malaysia
Alibaba Group Holding Ltd said on Wednesday it would set up a logistics hub in Malaysia, the latest in a string of Chinese investments including in infrastructure and real estate projects, underscoring the close ties between
the two countries.
Reuters

Catcha Group launches digital hub for internet firms in KL
Malaysia-based internet company Catcha Group has launched Kuala Lumpur Internet City (KLIC), a digital hub in Kuala Lumpur to be built at a gross development value of $1.13 billion (MYR5 billion).
Deal Street Asia

Malaysian fintech Jirnexu closes $4.5M Series A round, kicks off Series B
Fintech startup Jirnexu, a full-stack fintech solutions provider with roots in Singapore and Malaysia, has closed an extended Series A with an additional $1.5 million in funding, following $3 million raised in H1 2016. This brings aggregate equity funding the company raised to $6 million.
Deal Street Asia

In-depth study needed before speed limit raised, says Fadillah
The government would consider the proposal to raise the highway speed limit from 110 kilometres per hour, said Works Minister Datuk Seri Fadillah Yusof.
Malay Mail Online

Malaysia’s Chinese trade group upbeat about 2017 economic outlook
The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) is upbeat about the country’s economic prospects for 2017, supported by increases in sales and production compared with last year’s figures.
Malay Mail Online

‘Fake news’ jeopardising Malaysia’s progress: PM Najib
Malaysian Prime Minister Najib Razak on Wednesday (Mar 22) said the country’s economic plan is working but “fake news” is jeopardising its progress.
Channel NewsAsia

Eco World International IPO anticipated to be largest in M’sia since June 2015
Eco World International Bhd’s (EWI) initial public offering (IPO), worth RM2.58 billion, will be the largest in Malaysia since June 2015, with a fixed price of RM1.20 per share.
New Straits Times

More tourist arrivals expected as AirAsia launches Langkawi-Shenzen route
This famous island will soon see a further boost in arrivals of tourists as AirAsia has launched its new Langkawi-Shenzen route.
New Straits Times

Maybank and CIMB to enable Alipay mobile wallet in Malaysia
Malayan Banking Bhd (Maybank) and CIMB Bank Bhd – the country’s largest financial services providers – are partnering with Ant Financial Services Group, which operates the world’s largest online and mobile payment platform Alipay, to enable the Alipay mobile wallet in Malaysia.
The Star Online

Geely pulls out of buying Malaysia’s Proton, as its profits surge by 126%
China’s Geely Automobile Holdings has withdrawn its bid to acquire a controlling stake in Malaysian automaker Proton, Geely’s president, An Conghui has told the South China Morning Post.
The Star Online

Health Ministry imposes stricter rules on Brazil meat imports
The Health Ministry has imposed hold, test, inspect and release measures on meat imported from Brazil following a corruption issue involving meat-processing plants there to obtain a certificate.
Malay Mail Online

Weekly petrol price announcements to start March 29
The ceiling price for petrol will be announced weekly every Wednesday night starting March 29, Minister of Domestic Trade, Cooperatives and Consumerism Datuk Hamzah Zainuddin said today.
Malay Mail Online

 

 

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Myanmar morning newsMyanmar Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

 

Duterte’s ASEAN chairmanship gets Myanmar, Thailand backing: DFA
Myanmar and Thailand have both guaranteed full support of President Rodrigo Duterte’s 2017 chairmanship of the Association of Southeast Asian Nations (ASEAN) during his official visits to the 2 countries, acting Foreign Affairs Secretary Enrique Manalo said Wednesday.
— ABS-CBN

UK Co to provide services for oil and gas sector
A UK company will help Myanmar develop its local marine, oil and natural gas sector.
— Myanmar Times

Two-lane highway to link Thailand and Dawei SEZ
Visits to Myanmar led by the deputy prime minister of Thailand, followed by a visit from the minister of transportation of Thailand who met with Vice President Henry Van Thio in February, resulted in an agreement to continue the Dawei SEZ project within a month.
— Myanmar Times

Battle heats up for key seats in coming by-election
As political parties approach the final leg of their campaigning for the April 1 by-election, a handful of the 19 seats up for grabs are expected to be close contests.
— Myanmar Times

Myanmar’s foreign trade volume tops US$26 billion
Myanmar’s foreign trade volume has reached US$26billion, a figure that is larger than that of the same period of last year, the Ministry of Commerce reported.
— Eleven

High chickpea demand from China and India
High demand for chickpea in China and India has caused the price of peas, beans and pulses to rise in Myanmar, according to traders.
— Myanmar Times

Yangon Relaxes Truck Use Restrictions
Restrictions on the use of container trucks in Yangon are being relaxed, according to the regional Ministry of Planning and Finance.
— Consult-Myanmar

Myanmar’s toxic legacy of large dams
The country’s first strategic environmental review provides a chance to demand more from investors and dam builders, but is still being seen as too little, and leading to fierce resistance by marginalised communities.
— Consult-Myanmar

Army chief stresses the need for cooperation to create peace and stability in border areas
Both countries need to cooperate to create peace and stability in border areas, said Senior General Min Aung Hlaing, Commander-in-Chief of the Defence Services, to Hong Liang, the Chinese ambassador to Myanmar, on March 21.
— Eleven

Transport and communication sectors reach US$3billion in foreign investment
The transport and communication sectors have reached more than US$3billion in foreign investment, accounting for 46 percent of total foreign investment, a source at the Directorate of Investment and Company Administration said.
— Eleven

Myanmar praises China for action on rebels
Myanmar’s government praised China yesterday for suspending a Chinese bank account used by ethnic rebels fighting Myanmar troops, in a move to prevent potential damage to diplomatic ties.
— The Straits Times

PH, Myanmar strengthen food security cooperation
Philippines and Myanmar governments will strengthen bilateral economic relations, specifically on areas of trade and investment, agro-industry, food security and micro, small and medium enterprises (MSMEs).
— The Manila Times

‘It is my job to expand Ireland’s footprint in Myanmar’
After a long career in Ireland’s Department of Foreign Affairs, Mr Brendan Rogers took up the post of ambassador to Thailand and Myanmar in 2014, presenting his credentials to President U Htin Kyaw in April 2016.
— Frontier Myanmar

‘I want my family to eat’: children fuel Myanmar’s economic boom
Fourteen-year-old San Min Hteik had worked at the steel factory for less than a week when his hand got caught in a machine, a casualty of the economic boom driving more children into Myanmar’s factories.
— Frontier Myanmar

Myanmar Luxury Property Hampered by Confusion Over Law on Foreign Buyers
Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market.
— Bloomberg

Grab Singapore enters Myanmar
The leading ride-hailing app in Southeast Asia, Grab, started to test its services in Yangon on March 21, becoming the first international company of its kind to enter Myanmar.
— Eleven

Beach hotels double prices during Thingyan
The rates of hotels during Thingyan holiday went up 50 per cent, as local travelers flocked to beaches, according to an announcement on Jovago.com.mm. The price doubled from advanced bookings, according to the website. The hotels at the beaches and Myeik and Dawei areas are fully booked, said Mr. Frans Mass, managing director of Jovago.com.mm.
— Global New Light Of Myanmar

The disease of ‘everything else’
Non-communicable diseases such as diabetes, cancer and alcoholism cause the most death and suffering in Myanmar, but with causes as numerous as they are complex, it requires more than doctors to treat them.
— Frontier Myanmar

NSCN (K) observes Naga Republic Day in Myanmar
The authority of Naga-Myanmar cease-fire office, Lahe town, NSCN/GPRN observed Republic Day prayer on March 21, according to a press release from the NSCN/GPRN on Wednesday.
— Eastern Mirror

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

 

PH economy seen growing at fastest pace in region
The Philippines is likely to grow at the fastest pace among key Southeast Asian economies this year and next while the regional bloc as a whole continues to evolve into a fertile ground for investors, regional investment powerhouse Maybank Kim Eng Group said.
— Inquirer.Net

Tourism chief urges media to tone down news on extrajudicial killings
Tourism Secretary Wanda Teo on Wednesday urged the media to “tone down” their coverage of the Duterte administration’s war on drugs, saying it was making it hard to sell the Philippines as a tourist destination.
— Inquirer.Net

Palace slams New York Times ‘hack’ article
MALACAÑANG on Wednesday slammed what it called a “cynical” and “unfair” story by the New York Times (NYT) about President Rodrigo R. Duterte’s rise to power, also describing the article as a “well-paid hack job” for people with “shady motives.”
— Business World

PH may lose $434M US grant over human rights: DILG
Interior and Local Government Secretary Ismael ‘Mike’ Sueño warned on Wednesday there is a threat to cancel the $434 million Millennium Challenge Corporation (MCC) grant to the Philippines from the United States.
— ABS-CBN

DFA to Robredo: Freedom of expression comes with responsibility
The Department of Foreign Affairs (DFA) on Tuesday reminded Vice President Leni Robredo that freedom of expression is a right that comes with the responsibility to ensure that facts are verified, and unfounded allegations from questionable sources are avoided.
— Phil Star

PH, Thailand boost defense, security ties
Chan-o-cha on Tuesday night agreed to strengthen their defense and security ties to stop the narcotics trade, terrorism and other cross-border crimes in the region.
— Inquirer.Net

Philippine human development below East Asia and Pacific average
THE PHILIPPINES’ stature as one of Asia-Pacific’s fastest-growing economies notwithstanding, human development in the country is below average in the region, according to a United Nations report released yesterday that used 2015 data.
— Business World

Philippines’ Duterte reignites martial law fears
Philippine President Rodrigo Duterte warned on Thursday (Mar 23) he may impose martial law and suspend elections for tens of thousands of local posts, fuelling concerns about democracy under his rule.
— Channel NewsAsia

Philippines to Receive First 2 Aircraft From Japan
Two Japanese aircraft will be officially transferred to the Philippine Navy next week in a boost for Manila’s limited capabilities and an indicator of the significance of the bilateral defense relationship.
— The Diplomat

Becoming Duterte: The making of a strongman
President Rodrigo Duterte relishes the image of killer-savior. He boasts of killing criminals with his own hand. On occasion, he calls for mass murder.
— Inquirer.Net

Thailand vows to help narrow trade gap with Philippines
Thailand has vowed to help the Philippines narrow the trade gap between the two countries by encouraging Thai companies to buy more Philippine-made products, Trade Secretary Ramon Lopez said Wednesday.
— Phil Star

Next BSP head need not be an insider – Moncupa
One of the frontrunners for the position to be vacated by Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. said the replacement should not be necessarily an insider to ensure seamless transition.
— Phil Star

WATCH: Duterte shrugs off ICC, impeachment threats
President Rodrigo Duterte may be facing an impeachment complaint at the House of Representatives and a possible investigation by the International Criminal Court, but he remains unfazed as his war on drugs continue.
— Phil Star

Duterte’s ASEAN chairmanship gets Myanmar, Thailand backing: DFA
Myanmar and Thailand have both guaranteed full support of President Rodrigo Duterte’s 2017 chairmanship of the Association of Southeast Asian Nations (ASEAN) during his official visits to the 2 countries, acting Foreign Affairs Secretary Enrique Manalo said Wednesday.
— ABS-CBN

PH telcos capital investments among world’s highest – Ericson
Philippine telecoms firms have spent about 25 percent of their revenues on capital expenditures in the past few years. Global ICT firm Ericsson said this figure is higher than the investments in other members of the Association of Southeast Asean Nations (Asean) and is way above the global average of 16 percent.
— The Manila Times

PH to protest if China builds on Panatag
THE Department of Foreign Affairs (DFA) said the government will file a protest if China makes good on its reported plan to build structures at Panatag (Scarborough) Shoal, a resource-rich fishing ground well within the territory of the Philippines.
— The Manila Times

WHO congratulates PH for 1.1 million decline in number of smokers
The World Health Organization (WHO) has lauded the country’s leadership in promoting significant interventions leading to a dramatic decline in the number of smokers from 2009 to 2015.
— Manila Bulletin

BIR files P9.56-B tax evasion case vs Mighty Corp
The Bureau of Internal Revenue on Wednesday filed a P9.56-billion tax evasion case against cigarette firm Mighty Corp for allegedly using fake internal revenue stamps.
— Phil Star

Jeane Napoles disputes BIR evidence in tax evasion raps
The camp of Jeane Catherine Napoles, youngest daughter of alleged pork barrel scam mastermind Janet Lim-Napoles, has found a loophole in the Bureau of Internal Revenue’s evidence in her P17.46-million tax evasion cases.
— Phil Star

Gov’t shifts airport strategy; to develop multiple gateways
THE GOVERNMENT is now looking at a multi-airport approach to address persistent air congestion problems and the need to expand the capacity of Philippine gateways in anticipation of more arrivals in the medium to long-term.
— Business World

Gov’t urged to craft Benham Rise protection framework
The Philippine government was urged yesterday to create a protection framework for Benham Rise, an undersea territory east of Luzon brimming with natural resources, to prevent foreign vessels from trespassing.
— Manila Bulletin

The Philippines Contact Center Applications Market – Outsourcers Serving Global Organizations Led Market Growth – Research and Markets
Research and Markets has announced the addition of the “The Philippines Contact Center Applications Market – 2015” report to their offering.
— Business Wire (press release)

Prices of premium rice climb on additional importation expense
Inflation may quicken further in the coming months as the National Food Authority (NFA) warns supply of the staple may tighten later in the year. This report tells us as early as now, price of premium rice has already increased to P54 per kilo.
— ABS-CBN

PH, Asian markets fall in step with Wall Street sell-off
Philippine shares joined a global sell off Wednesday, blamed on a key vote on health care in the US and increased geopolitical tensions due to another North Korean missile test.
— ABS-CBN

New Asia refineries point to increased sources of petroleum products — S&P Platts
THE PHILIPPINES and other oil importing countries will have a more diversified source of fuel as supply of refined petroleum products from Asia come onstream in the near term while a new wave of refineries in the Middle East starts producing by 2020, S&P Global Platts said.
— Business World

Tax reform named priority for next legislative session
TEN proposed bills — including tax reform and the emergency powers bill — have been identified as priorities by both houses of Congress and Malacañang after officials from the Senate Secretariat and the Presidential Legislative Liaison Office (PLLO) met on Tuesday.
— Business World

SL Agritech’s Davao hybrid project approved by BoI
THE Board of Investments (BoI) recently approved SL Agritech Corp.’s P450 million project producing hybrid rice seed and palay to farmers.
— Business World

Sugar regulator proposes import duty on corn-based sweetener
THE Sugar Regulatory Administration (SRA) is set to propose to the National Economic and Development Authority (NEDA) this week the imposition of an import duty for high fructose corn syrup (HFCS), the sweetener that has dampened industrial demand for refined sugar.
— Business World

PH, Myanmar strengthen food security cooperation
Philippines and Myanmar governments will strengthen bilateral economic relations, specifically on areas of trade and investment, agro-industry, food security and micro, small and medium enterprises (MSMEs).
— The Manila Times

PNP mulls tighter port security measures
The Philippine National Police (PNP) is eyeing stricter measures in various ports in Metro Manila and other provinces that have direct access to the metropolis.
— Manila Bulletin

Impeachment is a numbers game
Members of Congress led by Speaker Pantaleon Alvarez and Senate President Aquilino “Koko” Pimentel III commented after the filing of an impeachment complaint against President Duterte that it is baseless and it is, therefore, not expected to prosper.
— Manila Bulletin

Give junkies a chance – Tagle
“Give drug dependents a chance to change their lives.” This was the appeal made by Manila Archbishop Luis Antonio G. Cardinal Tagle on behalf of returning drug dependents.
— Manila Bulletin

Philippines Banking App Uses Daon Biometrics Tech for Authentication
Daon‘s mobile biometrics technology has found its way into a big new deployment in the Philippines. Union Bank of the Philippines is using the technology in a new banking app developed with digital commerce specialist EON.
— Find Biometrics

Watts Sponsors Water Filtration Tower at Elementary School in the Philippines on World Water Day
Watts Water Technologies, Inc. (NYSE: WTS) today announced its sponsorship of a water filtration system at the Pantay Elementary School in the village of Pantay Matanda, the Philippines, through the Planet Water Foundation’s Project 24.
— Business Wire (press release)

Air ambulance launched for remote Philippine areas
The Philippine government has launched an air ambulance service for patients requiring immediate medical attention in remote areas of the country.
— Gulf News

US selloff drags down share prices
Share prices plunged yesterday as investors tracked an overnight selloff in Wall Street, driven by concerns on the implementation of US President Donald Trump’s policies.
— Phil Star

Philippine mobile immigrant services coming in April
Appointments are now being taken for the Philippine Consulate mobile outreach on April 22 and 23.
— Maui News

Dagoy is new PSG commander
President Duterte’s senior military adviser, Army Col. Lope Dagoy, will become chief of the Presidential Security Group (PSG), replacing Brig. Gen. Rolando Bautista.
— Phil Star

 

 

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Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

 

Salaries show slight gain in Singapore.
The annual Hays Asia Salary Guide has found 46 per cent of Singaporean employers expect to award salary increases of between three and six per cent during their next salary review. During their last review period, 52 per cent of employers in Singapore awarded increases of also between three and six per cent.
The Global Recruiter 

Singapore in talks with firms to try out ‘flying taxis’
WANT to get back home at the end of the day in a levitating hovercraft?
The Business Times 

Healthway agrees to some changes to Gateway’s convertible bonds deal
HEALTHWAY Medical Corp has agreed to certain amendments to its convertible bonds deal with Gateway Partners due to overall lower cost of funding and speed of disbursement of funds to address the company’s immediate liquidity needs. The company has also requested for trading halt to be lifted.
The Business Times 

Daily Briefing: Alibaba and Lazada team up in Singapore; New phones for cash-strapped expats
From Bloomberg: Alibaba’s bringing its teeming Taobao internet marketplace to Singapore. Alibaba Group Holding Ltd. and Lazada Group SA are teaming up to sell select Taobao products direct to shoppers in the affluent island-state, striking their first partnership since the Chinese company took control of Southeast Asia’s largest e-commerce operator a year ago.
Singapore Business Review

Cybersecurity sector projected to grow to S$900m by 2020: Yaacob
The cyber security sector in Singapore is projected to grow to around S$900m by 2020, Minister for Communications and Information Yaacob Ibrahim said on Wednesday (Mar 22).
Channel NewsAsia 

Singtel subscribers hit by phishing e-mail
Some Singtel subscribers have received phishing e-mails, seemingly sent by the telco, telling them “Your Singtel bill is now available for download”.
The New Paper 

Innovation, ecosystem support key to startup growth, job creation
INNOVATION and ecosystem support positively impact startup growth and job creation in Singapore, according to a new National University of Singapore (NUS) study, findings of which were exclusively presented at The Business Times Leaders’ Forum 2017 on Wednesday.
The Business Times 

HK to charge shipping firm, captain over lack of Terrex transport licence
Hong Kong’s Customs and Excise Department is likely to press charges against shipping company APL and the captain of the container ship which transported nine Singapore Armed Forces (SAF) armoured Terrex vehicles into the city from Taiwan without a required licence, reported the South China Morning Post on Wednesday (March 22), quoting a government source with knowledge of the case.
Today Online 

Singapore, US affirm ‘robust’ bilateral ties
Foreign Affairs Minister Vivian Balakrishnan and US National Security Advisor Lieutenant-General H R McMaster met on Tuesday (Mar 21), and affirmed the “robust and mutually beneficial” bilateral partnership between the two countries.
Channel NewsAsia 

SIA’s cargo arm ready to make S$111.8m financial provision
Singapore Airlines (SIA) on Monday announced that its cargo arm may make a financial provision of S$111.8m for FY17 as a result of a EUR74.8m (S$113m) fine imposed by the European Commission (EC), according to OCBC.
Singapore Business Review 

Ban on electronic devices in cabins: Singapore travellers say they may shun affected airports
Unhappy Singapore travellers say they would rather avoid blacklisted airports than be forced to check in their laptops, tablets and other large electronic devices.
The Straits Times 

Bill Ng: Singapore football ‘must be modernised’
Accusations have been hurled against him and the team backing his bid for the presidency of the Football Association of Singapore (FAS), but Bill Ng refuses to be dragged into the mire.
The New Paper 

Upcoming dating app draws flak for ‘racist’ ad
“No banglas, no maids, no uglies, no fakes/bots, no escorts,” read the advertisement in a Facebook post for a dating app.
The New Paper 

FairPrice to open 6 more no-frills stores
Budget groceries will soon be more easily accessible as supermarket chain FairPrice yesterday announced plans to open six more FairPrice Shop stores this year to serve increased demand.
The New Paper 

How Singapore rose 20 places to become world’s top start-up talent hub
Although this is only Singapore’s second showing on the Global Startup Ecosystem Ranking, it jumped from 20th in 2015 to first on this year’s talent index.
HRM Asia 

Many welcome Budget 2017 measures, but against water price hike: REACH
More than half of Singaporeans welcomed Budget 2017’s initiatives to support families and build a more inclusive society, but many disagreed with the move to increase water prices, according to Government outreach portal REACH.
Channel NewsAsia 

Government can help, but firms, workers need to do their part
GOVERNMENT regulations and approaches should not hinder innovation in Singapore’s future economy, but instead unlock value for the private sector.
The Business Times 

Why banks might be causing flat mortgage growth
A research note by Jefferies said the changes to the property measures should be positive for lending volumes if transaction volumes go up. However, banks might be going the other direction.
Singapore Business Review 

Keppel’s cashflow to finally improve with new rig deal
Keppel Corp has entered into a heads of agreement (HOA) with Norway-based Borr Drilling, which will acquire five of Transocean’s jack-up rigs that are currently being built by Keppel.
Singapore Business Review 

KL cheapest Asean city to live in, Singapore world’s most expensive
Kuala Lumpur has been rated the least expensive city in Asean in terms of the cost of living, while Singapore remains the world’s most expensive.
The Star 

Grab Singapore enters Myanmar
The leading ride-hailing app in Southeast Asia, Grab, started to test its services in Yangon on March 21, becoming the first international company of its kind to enter Myanmar.
Eleven Myanmar

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Thai exports slide 2.76% in value on year in February
EXPORTS in February decreased in value year on year for the first time in four months, a decline attributed to the high value of gold and aerospace exports in February 2016, according to the Commerce Ministry.
The Nation 

The plague and promise of Thai rice
ur decades ago the Buddhist monk Luang Paw Nan launched a campaign in Thailand’s Surin province to reduce poverty among farmers by encouraging them to grow organic jasmine rice, the fragrant variety of the staple grain that grows primarily in the country’s northeastern region, known locally as Isan.
Southeast Asia

Govt to offer SEZ to Thai investors
Bangladesh’s export to Thailand stood at $31 million while that of Thailand to Bangladesh is $304 million
Dhaka Tribune 

TABLE-Thailand’s main exports, markets in February
BANGKOK, March 22 Thailand’s customs-cleared exports in February dropped a less-than-expected 2.8 percent from the same month of 2016, which had high figures, the commerce ministry said on Wednesday.
Reuters 

Govt eyes support for startups
The government is now busy preparing measures to jump-start the development of business startups to help drive the country’s digital economy under the government’s much-touted “Thailand 4.0” model.
Bangkok Post 

Exports take a drop in February
The value of Thai exports fell for the first time in four months in February to UScopy8.47 billion, down 2.8% year-on-year, on lack of gold and aircraft-related products, the Commerce Ministry said.
Bangkok Post 

CARRIERS FACE GROUNDING
About five Thai-registered airlines could be grounded if they do not get a new Air Operator Certificate by July 1. However, the impact is expected to be minimal since these airlines are mainly operators of chartered flights and domestic aviation services. Thailand has
The Nation 

Thailand: Investigate Army Killing of Indigenous Lahu Youth Activist
Asia Indigenous Peoples Pact (AIPP) calls on the Thai authorities to effectively investigate into the killing of indigenous Lahu youth activist, Chaiyaphum Pasae, without any delay. Chaiyaphum, 17, was shot dead by an army soldier as alleged drug suspect on 17 March in northwest Chiang Mai Province.
AIPP 

Security elevated in Thailand following London terror attack
Police have intensified security measures following the terror attack in London in which five people were killed and at least 40 injured.
The Nation 

Philippines, Thailand strengthen defense, economic ties
Leaders of the Philippines and Thailand have vowed to strengthen defense and economic cooperation and reaffirmed their commitment to work together to address common concerns.
Phil Star 

UNHCR chief to visit Thailand March 27-30
The head of the Office of the United Nations High Commissioner for Refugees (UNHCR), Filippo Grandi, will visit Thailand from March 27-30, Foreign Minister Don Pramudwinai said on Wednesday.
Bangkok Post

Thailand shows interest in purchasing Russian armored vehicles
Thailand is showing interest in Russian-made armored vehicles, the director for international cooperation and regional policy at Russia’s defense industry conglomerate Rostec told reporters on Wednesday.
Russian News Agency 

Board of Trade and TCC get new chairman
Members of the Board of Trade of Thailand and the Thai Chamber of Commerce yesterday appointed Kalin Sarasin as the bodies’ new chairman, their 24th. Prior to the appointment, he was vice chairman of the two organisations.
The Nation 

Amended land tax bill attacked
THE NEW Land and buildings tax will fail to narrow the wealth gap between the haves and have-nots, according to a prominent economist.
The Nation

Stock Exchange of Thailand to move to T+2 Settlement Cycle in March 2018
The Stock Exchange of Thailand (SET) announced the target implementation date for the two-day settlement cycle (T+2) on March 2, 2018.
LeapRate 

Rules for the ride-hailing revolution in Thailand
I’m glad that Uber and the Transport Ministry will jointly study ways of legalising car-hailing services.
The Nation 

Duterte, Prayut agree on South China Sea
Thailand and the Philippines have agreed to emphasise freedom of navigation in the disputed South China Sea as a core value in securing peace and prosperity in the region.
Myanmar Times 

Student exchange programme numbers drop
An exchange programming bringing students from Thailand into Southland has had a significant drop in numbers.
The Southland Times 

The new ‘Phuket Street Food’ app is out, and it’s pretty good
The Ministry of Foreign Affairs, in cooperation with Thailand Foundation, has launched a new mobile application for Thai street food, aimed at assembling information on all of the country’s top roadside eateries.
The Phuket News 

Most workers want a new job: survey
Most Thai employees are looking for a new job, a survey by JobThai.com has revealed.
The Nation

Audi officially announces new importer for Thai market
GERMAN luxury-car maker has officially announced its new importer for Thailand, and aims to sell 600 vehicles this year through that firm, Meister Technik.
The Nation 

 

 

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Vietnam morning newsVietnam Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

 

In Asia’s infrastructure race, Vietnam is among the leaders
It may be one of the smallest economies in Asia, but Vietnam is among those leading the infrastructure race.
The Business Times 

Vietnam to start futures trading in May to lure foreigners
Vietnam plans to start trading in its new derivatives market in May with an initial offering of stock-index and government-bond futures contracts, according to a Hanoi Stock Exchange official, as the country seeks ways to appeal to offshore investors.
Gulf-Times 

Petrol price drops over VND700 a liter
The Ministry of Finance and the Ministry of Industry and Trade yesterday afternoon decided to reduce Ron 92 gasoline price by VND708 a liter to VND17,314.
Tuoi Tre News 

Vietnam wants US connections to prevent anti-gov’t content on the internet
The Minister of Information and Communications has asked U.S. Ambassador to Vietnam Ted Osius to encourage U.S. enterprises operating in Vietnam to build stronger connections with local authorities in a bid to prevent anti-government information on Facebook and Google.
VnExpress 

Kim Jong Nam murder probe: North Korean suspect is son of ex-envoy to Vietnam
A North Korean suspect involved in the killing of Kim Jong Nam, the exiled half brother of North Korean leader Kim Jong Un, is reportedly the son of a former top North Korean envoy to Vietnam, Yonhap news agency reported on Wednesday. The suspect allegedly lured a Vietnamese female suspect to join the plot.
International Business Times 

Thermal power plants next to HCM City raise concerns about pollution
The Ministry of Industry and Trade (MOIT) is consulting with Long An and HCMC local authorities about the location for the Long An Power Center, which HCM City opposes.
VietNamNet Bridge 

Uncertain times
Based on figures in the VNG report, Tiki’s losses in February and March last year totaled $916,000, which climbed to $2.54 million in the second quarter and $3.4 million in the third quarter.
VietNamNet Bridge 

Vietnam to host ASEAN friendship beauty contest
The south central coastal province of Phu Yen will host the Miss Friendship of ASEAN this year, as announced by the organising board at a press conference on March 21.
VietNamNet Bridge 

Experts oppose staging MGI pageant inside cave
Experts in the country have opposed a proposal to set up a stage for Miss Grand International (MGI) inside a cave located in Quảng Bình Province’s heritage site.
Viet Nam News 

Customs plans tighter checks on imported steel products
The General Department of Customs has just asked its officials to strengthen checks on imported steel products after a series of reports on steel firms submitting incorrect declarations about product codes.
Viet Nam News 

India lifts import ban on six commodities from Vietnam
India has lifted the import ban on six commodities, including coffee beans, from Vietnam after resolving phytosanitary issues with the latter.
The Economic Times 

Investors gaining caution about BOT
Investor flight from build-operate-transfer (BOT) traffic projects is triggering worries that the Government must rethink how to promote private investments in BOT infrastructure projects, experts said.
Viet Nam News 

Fruit processors resort to imports in Vietnam’s ‘coconut kingdom’
Coconut processing companies in the southern province of Ben Tre, known as Vietnam’s ‘coconut kingdom,’ have had to resort to imported products to alleviate short domestic supply.
Tuoi Tre News 

Vietnam Says Two Bloggers Posted Anti-state Propaganda
Vietnam has detained two bloggers for posting anti-state comments, which the Communist-ruled country said should serve as a warning to others spreading dissent.
VOA 

Advertisers in Vietnam Tap Social, Search
Firms in Vietnam that use digital marketing channels are finding the most success with social networks and search engines.
eMarketer 

President backs intellectual property
The Vietnamese State will ensure the best possible conditions for the system of intellectual property to grow and contribute to socio-economic development, affirmed President Trần Đại Quang.
Viet Nam News 

Vietnam to improve management of sand exploitation in local rivers
Local authorities will be put in charge of managing the exploitation of sand along rivers in their localities, as part of an effort to prevent sand thieves from compromising the environment.
Tuoi Tre News 

VN called to tackle overfishing as crisis looms
The Government should tighten its grip on overfishing as the seafood capacity in the Vietnamese sea is nearing exhaustion, a top military official said on Tuesday.
Viet Nam News 

A ‘Singapore standard’ hospital in Vietnam for women, children
For more than a decade, Mr Nguyen Van Minh and his family would fly in and out of Singapore for their annual health check-ups and medical treatments, his daughter recalled.
Today Online

Death sentence for drug smugglers in Vietnam
Vietnam has sentenced nine drug traffickers to death for smuggling nearly half a tonne (500 kilograms) of heroin into the country from Laos, a local government report said Wednesday.
IAfrica News

Laos to Step Up Patrols on Vietnam Border Amid Drug Trafficking Spike
Authorities in Laos are increasing cooperation with their counterparts in neighboring Vietnam and deploying additional security forces along the boundary shared between the two countries amid an uptick in cross-border crime, according to Lao government sources.
Radio Free Asia

Global integration fraught with hurdles: VN official
Deputy Minister of Industry and Trade Đỗ Thắng Hải tells the Vietnam News Agency that the nation will have to deal effectively with new-generation FTAs as it deepens its international integration.
Viet Nam News 

Green growth: not as expensive as you think
A green economy does not mean a major trade-off between growth and sustainability, Tomaso Andreatta, chairman of EuroCham Green Growth Sector Committee, tells Việt Nam News reporter Mai Hương.
Viet Nam News 

Vietnam gov’t to stop paying debts of state-owned companies
Vietnam’s government will no longer shoulder the debt burden of state-owned enterprises, Minister of Finance Dinh Tien Dung told lawmakers as the country revises its law on public debts.
Tuoi Tre News 

 

 

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Asean Morning News is compiled by the editorial team at AEC News Today and published M-F: Governance, not government; policies not politics.

 

 

 

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