Asean Morning News For May 17

Asean Morning News For May 17

Asean morning newsAsean Morning News

Compiled by AEC News Today    @aecnewstoday

 

ASEAN Summit’s China Tilt Portends New World Order – Analysis
The Association of Southeast Asian Nations marked the 50th anniversary of its foundation in April with fanfare – celebrating its mission of “one vision, one identity, one community” in Manila with the habitual group photo of members crossing their arms across their chests to link hands with the representatives next to them, mimicking their organization’s emblem of rice stocks tied in the middle.
– Eurasia Review

China-ASEAN trade to hit US$1 trillion by 2020
The total trade volume of Association of Southeast Asian Nations (ASEAN) with China is projected to increase to US $1 trillion (S$1.4 trillion) by 2020, said AKP Mochtan, deputy secretary-general of ASEAN for Community and Corporate Affairs, at a seminar Monday.
– ASIAONE

7 Countries in SEA Incl Indonesia Ranked among the World‘s Top 40 Arms Importers
From Singapore to the Philippines, Southeast Asian nations are spending big on submarines and other vessels to ramp up their naval capabilities amid rising tensions in the South China Sea.
– Netral

Duterte open to pacts for exploring South China Sea Join our daily free Newsletter
Philippine President Rodrigo Duterte said yesterday he was open to exploring the South #China Sea’s natural resources with rival claimants #China and Vietnam, after securing a ‘windfall while in Beijing.
– MENAFN

One ASEAN underscored in CDO forum
What does it mean to be part of the Association of South East Asian Nations (ASEAN) or one ASEAN?
– Philippine Information Agency (PIA)

Thai resistance to China’s downstream ambitions
China’s plan to blast rocks and islets to improve downstream navigation along the Mekong River represents the latest Beijing-led scheme to facilitate stronger trade ties to Southeast Asia.
– Asia Times

How will Southeast Asia feed its people in 2030?
Rapid population growth and climate volatility in Southeast Asia will push up demand for food in the region by 40 per cent by 2050. How can Southeast Asia put food on every table?
– Eco-Business

Duterte to sponsor entry of Turkey, Mongolia into ASEAN
President Duterte is amenable to the entry of Mongolia and Turkey into the 10-member Association of Southeast Asian Nations (ASEAN) despite the concerns raised by Myanmar State Counselor Aung San Suu Kyi on their geographical location.
– Manila Bulletin

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

 

Cambodia morning newsCambodia Morning News

Compiled by John Le Fevre    @photo_journ

 

Chinese Companies to Develop New Cambodian Railways
New railways stretching from Phnom Penh to Siem Reap, and to the Vietnamese border in the other direction, are to be built under new plans with backing from two Chinese companies.
– The Cambodia Daily (paywall)

AirAsia planning to set up low-cost carrier in Cambodia — report
AirAsia Bhd is planning to set up a low-cost carrier (LCC) in Cambodia, according to a Khmer Times report. This follows reports over the weekend of the budget airline planning to undertake a similar move in China.
– The Edge Markets

China overtakes Vietnam to become biggest tourist source of Cambodia
China has overtaken Vietnam to become the first largest source of tourists to Cambodia, a Cambodian Tourism Ministry official said on Tuesday.
– PHILIPPINE CANADIAN INQUIRER

See here for more of today’s Cambodia Morning News >>>

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

Tokyo Gas Keen to Invest in South Sulawesi
Japan-based Tokyo Gas is keen to invest in liquefied petroleum gas project in Sulawesi.
– TEMPO

Customer Brings Telkomsel to Court Over 45 Cents
A customer of Telekomunikasi Indonesia is suing the country’s largest mobile operator, also known as Telkomsel, to receive the log of his transactions with the operator, after finding out that money was deducted from his credit without his consent.
– Jakarta Globe

Indonesia Gives Tax Office Access to Financial Accounts
Indonesia has granted the nation’s tax office access to financial information held by banks and other institutions, the country’s latest move to join a global framework designed to curb tax evasion.
– Netral

See here for more of today’s Indonesia Morning News >>>

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

 

Lao PDR morning newsLao PDR Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

Troops from Laos and Cambodia in Cross-Border Standoff over Road Construction
Soldiers from Cambodia and Laos have been locked in a standoff across their shared border since February, in a spat that has seen troops on the ground accuse each other of incursions while the leaders of the two countries dismiss reports of friction.
– RFA

China-Laos railway construction progressing well: Lao officials
Construction of the Laos-China railway is gathering steam with many tunnels being bored despite rainfall, Lao state-run media Vientiane Times on Tuesday quoted officials as saying.
– Ecns

NTP to Supply Fuel for Laos-China Railway Project
The Nationwide Trading Petroleum Public Company (NTP) has agreed to supply 14.4 million litres of fuel to the Laos-China Railway Construction Project in the section between Phonhong district, Vientiane province to Vientiane Capital.
– Lao News Agency

See here for more of today’s Lao Morning News >>>

 

Malaysia morning news

Malaysia Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

Malaysia eyes sale of Proton as Mahathir’s dream fades
In its day, automaker Proton Holdings was a source of national pride and the centerpiece of a bold strategy by Mahathir Mohamad, Malaysia’s leader for more than two decades, to turn his country into an industrialized powerhouse equal to Asian Tigers like South Korea and Taiwan. The former prime minister founded the company in 1983, calling its first sedan, the Saga, an icon of “national dignity.”
– FMT/ Bloomberg

Corruption: 191 civil servants among 414 individuals nabbed by MACC
Civil servants made up about 46 per cent of the 414 people detained by the Malaysian Anti-Corruption Commission (MACC) for various offences so far this year, says MACC deputy chief commissioner (prevention) Datuk Shamshun Bahari Mohd Jamil .
– The Borneo Post

Minister: MARA produces 399 educators with PhD to increase competency
The Majlis Amanah Rakyat (MARA) has produced 399 educators who are doctorate holders from the Institusi Pendidikan MARA (IPMa) to increase the professionalism and competency of the teaching staff there.
– Malay Mail Online

See here for more of today’s Malaysia Morning News >>>

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

 

Myanmar morning newsMyanmar Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

CCTV road traffic centre officially launched in Yangon
A traffic command centre built to aid the fight against Yangon’s chronic road congestion has officially opened for operations, regional security minister Col. Tin Aung Tun told lawmakers Monday.
– Frontier Myanmar

Rakhine State faces acute drinking water shortage
Villages in Rakhine State were facing drinking water shortages from Monday, with soldiers from the battalion of Western Command Headquarters taking supplies to drought-hit areas.
– Eleven

Puma Energy Asia Sun Aims to Distribute Petroleum in Myanmar
Puma Energy Asia Sun, a joint venture between Puma Energy and local firm Asia Sun Energy, is looking to move beyond storage services in Myanmar to include oil products distribution in the country, said a top executive.
– Jakarta Globe

See here for more of today’s Myanmar Morning News >>>

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

Bring it on, Duterte says on ICC case
President Duterte has dared Magdalo Rep. Gary Alejano and Sen. Antonio Trillanes IV to “go ahead” with bringing a case against him in the International Criminal Court (ICC) for alleged human rights violations in connection with his war on drugs.
– Philippine Daily Inquirer

Philippine growth story to continue in Q1 on strong exports, govt spending
The Philippine economy likely sustained its strong growth momentum in the first quarter on recovering farm output and exports and higher government spending, supporting the case for the central bank to tighten monetary policy this year.
– The Times of India / Reuters

Personal remittances up 8.1% for Q1 2018
Personal remittances from Overseas Filipinos (OFs) grew by 11.8 percent year-on-year, reaching a new record high of US$2.9 billion in March 2017.
– InterAksyon

See here for more of today’s Philippines Morning News >>>

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

 

Singapore morning newsSingapore Morning News

Compiled by Stella-maris Ewudolu    @Estee

 

Singapore’s non-oil domestic exports dip 0.7% in April
AFTER five consecutive months of growth, Singapore’s non-oil domestic exports (NODX) saw a slight pullback of 0.7 per cent in April 2017.
– The Business Times

Singtel, AXA launch safe driving smart car service
Singtel has collaborated with AXA Insurance to launch a joint smart car solution aimed at promoting better and safer driving habits.
– Telecomasia

500 local IP addresses affected by WannaCry worm
Home and business computers tied to some 500 Internet protocol addresses in Singapore could have been infected by the global ransomware WannaCry, the Cyber Security Agency (CSA) said last night.
– The New Paper / THE STRAITS TIMES

See here for more of today’s Singapore Morning News >>>

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Higher fuel prices, fierce rivalry hit airlines’ Q1 financial results
RISING oil prices and high competition had an impact on the financial results of aviation companies in the first quarter, with some reporting slight growth but others reporting declines in revenue and net profit compared with the same period last year.
– The Nation

China’s SAIC Motor to make Thailand an export hub
SAIC Motor is planning to ship vehicles from Thailand to other parts of Southeast Asia and beyond, following in the footsteps walked decades ago by Japanese automakers.
– Nikkei Asian Review

CBD land prices still increasing
Land prices in the central business district (CBD) are expected to continue rising despite the already pricey levels in the area.
– Bangkok Post

See here for more of today’s Thailand Morning News >>>

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

 

Vietnam morning newsVietnam Morning News

Compiled by John Le Fevre    @photo_journ

 

Central Bank approves BIDV bond issue of $900 million
The State Bank of Vietnam (SBV) recently permitted the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) to issue VND20 trillion (US$893 million) worth of bonds in 2017.
– Viet Nam News bizhub

Vietnam fuel group says customers should cough up for environment tax hike
Vietnamese consumers should foot the bill for a higher environment tax in order to sustain the state’s income from fuel, a senior Vietnam Petroleum Association official said on Tuesday.
– VnExpress

Vietnam warned about cement oversupply, narrower export markets
As the domestic cement supply has exceeded demand, exporting products is the only solution for cement manufacturers.
– VietNamNet Bridge

See here for more of today’s Vietnam Morning News >>>

 

Introducing The AEC News Today Mobile App

See full details, including our AEC News Today Mobile App Privacy Statement here: Stay up to Date With The AEC News Today Mobile App

Download the AEC News Today mobile app from Google play or the App stores by clicking the icons below.

Download the AEC News Today mobile app for iOS hereDownload the AEC News Today mobile app for Android here

 

 

 

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.

 

 

 

Support independent media by sharing

Leave a Reply

Your email address will not be published.