Asean Morning News For September 1

Asean Morning News For September 1
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Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Trademarks share in PH GDP lowest in 5 ASEAN countries
The Philippines ranked lowest among five ASEAN countries, including Singapore, Malaysia, Thailand, and Indonesia, in trademarks contribution to the economy, an impact study showed.
— Manila Bulletin

Southeast Asian stocks: Longest winning streak in 5 years
Southeast Asia is giving the rest of the Asia Pacific region a run for its money.
— Bangkok Post

Women ‘power’ in Asean economy growth cited
The economic participation of women should be seen as an “imperative” to regional growth, according to the Asean Women in Business Empowerment Forum.
— Business Mirror

Millennial ASEAN women create U-Drink, I Drive, 4 other fascinating brands
Have you ever driven yourself to a party, only to find yourself too tipsy to get behind the wheel afterwards? Thai entrepreneur Sirasom Borisutsuwan has just the solution for that: U-Drink, I Drive, a mobile application that allows you to hire a driver to take you and your car safely back home.
— InterAksyon

PHL to host second Asean congress on sustainable mangrove management
The Philippines will host for the second time a meeting of Asean nations in a bid to strengthen collaboration toward sustainable mangrove management in Southeast Asia.
— Business Mirror

ASEAN film festival to be held in Cambodia
The ASEAN Film Festival will take place in Cambodia from September 8 to 17, as part of the activities to commemorate the 50th founding anniversary of the Association of Southeast Asian Nations (ASEAN).
— Nhan Dan Online

The Guide to Employment Permits for Foreign Workers in Cambodia
Foreign nationals planning to work in Cambodia must obtain a valid E-class visa, previously known as ‘business’ or ‘ordinary’ visa, along with a work permit and employment card issued by the Ministry of Labor and Vocational Training (MLVT).
— Asean Briefing

Asean, China begin meetings to set stage for negotiations for South China Sea Code of Conduct
Representatives from member-states of the Association of South-east Asian Nations (Asean) and China have started meeting in Manila to kick off the discussions that could open up negotiations on the Code of Conduct (COC) in the South China Sea.
— The Straits Times

 

Cambodia morning newsCambodia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

ASEAN MPs Warn of Rights Deterioration in Cambodia Amid NGO, Media Crackdown
Southeast Asian members of parliament expressed “grave concerns” Thursday over what they called a “worsening human rights situation” in Cambodia, where the government has launched a crackdown on NGOs and independent media outlets ahead of general elections next year.
— Radio Free Asia

Seed giant East-West opens Cambodia branch
East-West Seed Group, one of the world’s largest vegetable seed companies, has stepped up its presence in Cambodia by officially launching a local branch and taking over distribution operations in the Kingdom to better address local market conditions, a company representative said yesterday.
— The Phnom Penh Post

Cambodia-Thailand rail link not in talks agenda
The joint cabinet meeting between Cambodia and Thailand next month will exclude discussions on the Phnom Penh-Bangkok rail link, leaving the exact date of its launch in limbo.
— Bangkok Post

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Rama Ariadi    @AriadiRama

 

Govt launches 16th economic package to boost investment
The policy aims to speed up the issuance of business permits while providing greater certainty on the cost and time involved and to improve coordination between ministries and provincial administrations.
— The Jakarta Post

Large 6.2 magnitude earthquake hits Indonesia
Tremors were reportedly felt as far away as Singapore and Kuala Lumpur, which are both east of the island.
— Independent

Singapore and Indonesia air forces to mark bilateral relations milestone with combined flypast
The public can catch the rehearsal and actual flypast around the Marina South area on Sep 5 and 7.
— Channel NewsAsia

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Govt Provides over US$50 M for Poverty Reduction
The government has provided over US$50 million to the Poverty Reduction Fund (PRF) to support its poverty reduction projects in 43 districts countrywide through 2019 to ensure the national graduation from the Lease Developed Country (LDC) status by 2020.
— Lao News Agency 

Laos promoting e-commerce to facilitate businesses
An online trade website focusing on Lao goods has been launched to facilitate online and offline businesses as well as improve the Southeast Asian nation’s investment climate, the state-run daily Vientiane Times reported Thursday.
 Xinhua 

Private schools’ bid for fee increase gets green light
Education authorities will allow all privately owned educational institutions countrywide to submit adjustments to tuition fees charged for the academic year 2017-18, aiming to seek uniform sector-wide measures and avoid ad hoc or unduly steep increases mid year.
 Vientiane Times 

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Kongleaphy Keam    @kongleaphy1

 

Malaysia calls on Pyongyang to stop missile launches and suspend nuclear, ballistic missile programmes
Malaysia has called on North Korea to stop missile tests and suspend its nuclear and ballistic missile programmes.
— New Straits Times

Malaysia still top property hotspot for China
Malaysia remains a top property hotspot for the Chinese even though overseas real estate investment by this group slumped by 82.1% in the first half of 2017, according to the PropertyGuru website.
— Free Malaysia Today

Najib: Govt does not want to waste time staving off allegations
Prime Minister Datuk Seri Najib Razak delivered his Merdeka Message in a unique way – an informal townhall meeting named ‘Negaraku Merdeka Bersama Perdana Menteri’ held here recently.
— The Edge Markets

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Sreypov Men    @MenSreypov

 

Myanmar interior minister claims Arakan Rohingya militants have “territorial ambitions”
The August 25 attacks on 30 police stations and an army base in Myanmar’s Rakhine state is a clear indication that the Arakan Rohingya Salvation Army (ARSA) is attempting to establish an “Islamic State” in Maungdaw and Buthidaung townships, said Lt-Gen Kyaw Swe
— Thai PBS

Myanmar’s manufacturing PMI rises to 49.3 in August
The Nikkei Myanmar Manufacturing Purchasing Managers’ Index, or PMI, rose slightly to 49.3 in August from 49.1 in July.
— Nikkei Asian Review

5,200 tons of marine products exported to Thailand within a week
Fisheries businesses in Myanmar exported 5,232 tons of marine products worth US$4 million to Thailand through Myawady, Kawthoung and Myeik ports of entry between 12 and 18 August.
— The Global New Light Of Myanmar

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Peso declines further on US GDP data
THE PESO finished the week lower against the dollar yesterday amid a quiet trading session due to upward-revised US economic growth in the second quarter.
— BusinessWorld Online

Hot money outflows reach USD297 M
Volatilities in the financial market as a result of the uncertainties overseas continue to result in net outflows of foreign portfolio investments in the Philippines as of the week ending August 18, 2017.
— Philippine News Agency

New law ups penalties for treason, sedition, rebellion, other crimes
Persons involved in treason, sedition, rebellion, and certain crimes in the Revised Penal Code could face stiffer penalties under a new law signed by President Duterte.
— Manila Bulletin

See here for more of today’s Philippines Morning News

 

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat @leakhenakhat

 

Singapore focus on critical infrastructures essential to public safety
Singapore’s emphasis on the security of its critical infrastructures is necessary to safeguard general public safety and compel these systems to keep pace with current security landscape.
— ZDNet 

Heat rising on local banks from O&M exposure
SINGAPORE’S three banks – DBS Bank, OCBC Bank and United Overseas Bank, are probably feeling more heat from their offshore and marine (O&M) lending exposure.
— The Business Times 

Destruction of environment, overpopulation top risks for mankind, say top scientists
The two greatest threats facing mankind are environment destruction and overpopulation, according to a survey that polled 50 Nobel prize-winning scientists by the Times Higher Education at the Lindau Nobel Laureate Meetings.
— Today Online 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

 

BOT: Thai economy continues its expansion momentum
The Bank of Thailand has reported that the national economy has continued expanding on the back of exports and tourism growth.
— NNT

BoT: Farm incomes down 2.6% in July
Nominal farm income registered the first contraction of the year in July, continuing to weigh down on private consumption throughout the third quarter, says a Bank of Thailand senior official.
— Bangkok Post

NLA approves government budget for fiscal 2018
The National Legislative Assembly has approved the proposed government budget for the next fiscal year, which starts in October.
— NNT

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Prime Minister calls on Gov’t to cut business fees
“Many enterprises reported that it takes great efforts to manufacture products but procedures to consume and export these products are more complicated. Some say that raising chickens takes only 40 days but it is more complicated and takes longer to consume and export chickens,” Phuc said.
— VietnamNet Bridge

HCM City calls for foreign investments
Ho Chi Minh City authorities, on August 31, held a meeting with foreign consuls general in the city to discuss orientations to develop the southern metropolis and joint works to increase foreign capital.
— VietnamPlus

Bitcoin rush: Miners on the rise with Vietnam set to regulate virtual currencies
The demand for hardware to mine Bitcoins in Vietnam is on the rise following a government decision to develop a legal framework to manage digital currencies.
— VnExpress

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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Stella-maris Ewudolu

Journalist at AEC News Today

Stella-maris graduated with a Bachelor of Arts, Education from Ebonyi State University, Nigeria in 2005.

Between November 2010 and February 2012 she was a staff writer at Daylight Online, Nigeria writing on health, fashion, and relationships. From 2010 – 2017 she worked as a freelance screen writer for ‘Nollywood’, Nigeria.

She joined AEC News Today in December 2016.

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