Asean Morning News For April 6

Asean Morning News For April 6

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Facebook Users in Philippines, Indonesia, Vietnam Hardest Hit (video)
In its latest mea culpa, social media giant Facebook has admitted that the number of its users whose data was improperly shared with British political consulting firm Cambridge Analytica was in fact 74 per cent higher than previously thought, now exceeding 87 million people.
AEC News Today (video)

EU launches project against counterfeiting in Southeast Asia
The European Union has put forward a project to strengthen intellectual and industrial property rights in all ASEAN countries. EURACTIV’s partner Euroefe reports.
Euractiv 

How Beijing is winning in the South China Sea
Last month, the USS Carl Vinson became the first American aircraft carrier to visit Vietnam since the Vietnam War ended in 1975.
The Japan Times 

Mekong Leaders Mostly Mum on Risks Tied to Intense Damming
Presented with “frightening” possibilities due to intense damming, the leaders of the Mekong River Commission member countries gave little sign Thursday they had heeded calls to rethink a fundamental water policy for the shared waterway, with the exception of Vietnam.
VOA 

Alibaba to set up Thai logistics centre, extend local investments in Southeast Asia
Alibaba is in talks with the Thai government to set up a logistics centre in the country as part of its aggressive expansion into the Southeast Asia region, bringing the company a step closer to fulfilling founder and executive chairman Jack Ma Yun’s dream of empowering small companies to trade globally.
— Retail News Asia (media release)

Poverty Looms Over 65 Million People in Southeast Asia
As many as 65 million people in Southeast Asia are at risk of falling into poverty, as they can not access expensive basic health services.
— Netral News

South-east Asia needs tax moves for infrastructure: Maybank
Indonesia, Thailand and the Philippines should consider tax incentives and other measures to meet a growing need for infrastructure funding in the South-east Asian countries, according to a senior executive of Malayan Banking Bhd (Maybank).
— The Business Times

Asean bloc must step up to solve Rohingya crisis: US official
THE UNITED STATES has urged all stakeholders, including the Asean bloc, to take the proper steps to provide protection and adequate humanitarian assistance to Rohingya –those remaining in Myanmar’s Rakhine state and those in squalid refugee camps in Bangladesh.
— The Nation

Project to Support ASEAN Countries
As announced by the Prime Minister of India in the India-ASEAN (Association of South East Asian Nations) Summit in October 2010, ISRO is pursuing a proposal to support Association of South East Asian Nations (ASEAN) countries to receive and process data from Indian remote sensing satellites (RESOURCESAT-2 and OCEANSAT-2) and also to provide training in space science, technology and applications.
— Devdiscourse

‘Asean networks exposed to various risks’
NETWORK reliability is an important indicator to measure the ability of power supply system to provide a continuous supply of electrical load to consumers and industries to meet the needs of the national economy, said Pengiran Jamra Weira bin Pengiran Haji Petra, Deputy Permanent Secretary (Power, IT and E-Government) at the Energy and Industry Department.
— Borneo Bulletin

Taking food in Southeast Asia to the next level
Food is synonymous with Southeast Asia. From mouth-watering delicacies on the streets of Thailand, Cambodia, Malaysia and the Philippines to the Michelin starred restaurants that serve fine dining quality cuisine with a dash of authentic local flavours.
— The Asean Post

Valuable Foresights on How ASEAN Energy Storage Devices Market will Grow During 2014 – 2020
Rise in the energy demand and depleting fossil fuels is pushing the market towards non-conventional sources of energy.
— satPRnews (media release)

Lack of talent remains the biggest issue in cyber security
The lack of talent in the cyber security industry remains the key issue that needs to be addressed on the back of the growing digital economy.
— The Malaysian Reserve

Opinion: Combating post-truth, fake news, false news and censorship
As the world debates on fake news and its multiple dimensions, authoritarian regimes across the world are making it an excuse to censor free speech and ensure conformity.
— The Asian Age

The PM gave a strong message on the use of Mekong water resources
Speaking at the Third Mekong River Commission (MRC) Summit in Siem Reap, Cambodia, Prime Minister Nguyen Xuan Phuc said: both in terms of quantity and quality, the amount of sediment and nutrients degraded, ecosystems and the environment are severely degraded.
— Investment Newspaper

Southeast Asia Launches Smart Energy Startup Support Initiative
A regional partnership between Deutsche Gesellschaft für Internationale Zusammenarbeit and the California Clean Energy Fund has launched New Energy Nexus Southeast Asia, a “smart energy” startup support initiative aimed at investing and connecting local incubators to facilitate the creation of smart energy startups.
— Renewable Energy Magazine (media release)

Southeast Asia Braces for Trade War by Bolstering Growth
Policy makers across Southeast Asia are bracing for a fallout from a U.S.-China trade war, turning their focus on bolstering their domestic markets to cushion the blow.
— Bloomberg (video)

In Their Quest to Compete with Thailand, Southeast Asia’s Destinations Risk Losing Out
Looking to Thailand’s success, other nations in Southeast Asia have geared up efforts to attract more Chinese travelers.
— Jing Travel

How IP helps ASEAN make its mark
Juicy Guimaras mangoes, aromatic kampot pepper and elaborate Lamphun brocade silk are shining examples of this region’s natural and cultural riches — and their worldwide recognition also demonstrates how ASEAN countries can gain from protecting intellectual property rights.
— The Jakarta Post

ASEAN, ESCAP Propose 7 Initiatives to Achieve SDGs in the Region
The UN Economic and Social Commission for Asia and the Pacific (ESCAP), the Government of Thailand, and the Association of Southeast Asian Nations (ASEAN) have launched a joint report highlighting complementarities between ASEAN’s policy aims and the 2030 Agenda for Sustainable Development.
— IISD

 Call for Asean to step up in infrastructure financing
Asean finance ministers demonstrated their powers of persuasion yesterday, as they pitched their countries’ infrastructure projects and the measures that mitigate the risks for investors.
The Straits Times (paywall)

ASEAN must step up efforts to attract private capital for infrastructure projects: Heng Swee Keat
A growing infrastructure development story in Southeast Asia will create significant financing needs and ASEAN must do more to attract private capital to plug the gap, said Finance Minister Heng Swee Keat on Thursday (Apr 5).
Channel NewsAsia 

Southeast Asia Needs Tax Moves for Infrastructure, Maybank Says
Indonesia, Thailand and the Philippines should consider tax incentives and other measures to meet a growing need for infrastructure funding in the Southeast Asian countries, according to a senior executive of Malayan Banking Bhd.
Hellenic Shipping News 

Asean seeks to mobilize private capital for infrastructure
FINANCE Secretary Carlos G. Dominguez III and finance ministers from across the Asean will be meeting with investors in Singapore to find ways of mobilizing private capital for infrastructure development in the region.
— Business Mirror

Will ASEAN form a strong judicial body?
ASEAN has withstood the test of time, having commemorated its golden jubilee in 2017.
— The Jakarta Post

Australia and ASEAN’s evolving counter-terrorism regime
Australia’s counter-terrorism cooperation with Southeast Asia raises thorny questions of democracy and security, Isaac Kfir writes.
— Policy Forum

‘Asean networks exposed to various risks’
NETWORK reliability is an important indicator to measure the ability of power supply system to provide a continuous supply of electrical load to consumers and industries to meet the needs of the national economy, said Pengiran Jamra Weira bin Pengiran Haji Petra, Deputy Permanent Secretary (Power, IT and E-Government) at the Energy and Industry Department.
— Borneo Bulletin

More Asean winners than losers in an escalating trade war
CIMB says there are more winners than losers in Asean – among Malaysia, Indonesia, Singapore and Thailand – in the escalating trade war between US and China.
— The Edge Markets

Taking food in Southeast Asia to the next level
Food is synonymous with Southeast Asia. From mouth-watering delicacies on the streets of Thailand, Cambodia, Malaysia and the Philippines to the Michelin starred restaurants that serve fine dining quality cuisine with a dash of authentic local flavours.
— The Asean Post

Meeting focuses on seamless, comprehensively connected Asean
THE Land Transport Department hosted a farewell dinner for participants of the 35th Asean Transport Facilitation Working Group (TFWG) meeting last night at The Horizons Seafood Restaurant, Bandar Seri Begawan.
— Borneo Bulletin

 

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Hun Sen ‘mulling fake news bill’
A ruling party spokesman on Thursday said the Cambodian government is looking to draft a “fake news” law, the same week similar legislation was introduced in Malaysia.
— The Phnom Penh Post

Smuggling blamed as rice exports drop 3pct
Cambodia’s rice exports declined in the first quarter of the year, down 3 percent compared to the first three months of last year, a slide that rice exporters and industry representatives blamed on smuggling operations operating with impunity.
— The Phnom Penh Post

Digital wallet operation to set up shop
Singapore-based MatchMove, one of the world’s fastest growing and most disruptive fintech companies in digital payments and next-generation banking, is poised to set up an office in Cambodia within three months and go online for business in September.
— Khmer Times

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Indonesia Says Its Huge Domestic Market Will Protect It From Trade War
Indonesia’s economy may be cushioned by its huge domestic market as a trade dispute between the U.S. and China poses risks to the global economic recovery, according to Finance Minister Sri Mulyani Indrawati.
— Bloomberg (video)

Facebook Users in Philippines, Indonesia, Vietnam Hardest Hit (video)
In its latest mea culpa, social media giant Facebook has admitted that the number of its users whose data was improperly shared with British political consulting firm Cambridge Analytica was in fact 74 per cent higher than previously thought, now exceeding 87 million people.
— AEC News Today (video)

To Provide More Stable and Reliable Energy, VUC Parent Buys Power Plant for IDR13 Tln
Through a partnership with Taiwanese company Controlnet International Inc, the Village Unit Cooperative (KUD) Parent or Induk KUD buys environmentally friendly energy with an investment value of IDR13 trillion.
— Netral News

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Thai border police clash with drug traffickers from Laos
A Thai police unit clashed with an unknown group of armed men on the border with Laos and seized more than 41,000 tablets of methamphetamine on Thursday, police said.
Xinhua Net 

Vietnam, Laos seek to enhance religious cooperation
Chairman of the Government Committee for Religious Affairs (GCRA) of Vietnam Vu Chien Thang and Chanthavong Senamathmonti, Vice President of the Lao Front for National Construction (LFNC) Central Committee held talks in Vientiane on April 5 to discuss ways to foster religious cooperation between the two countries.
Vietnam Plus

Laos seeks trade promotion
Cambodia and Laos have agreed to increase cooperation in trade, investment and tourism as trade between the countries shows no sign of growth.
Khmer Times 

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov

 

US electrical and electronics firms invest RM42b in Malaysia
About 24 electrical and electronics (E&E) companies from the United States have to date invested RM42bil in Malaysia, according to the 2018 survey of American investment in the E&E sector.
— The Star Online

Malaysia Issues 30-Day Ban on Mahathir’s Party Ahead of Vote
Former Malaysian premier Mahathir Mohamad’s party has been banned from campaigning for 30 days, a move that could dent his challenge to Prime Minister Najib Razak in a coming election.
— Bloomberg

Honda Malaysia issues recall for 28,399 units of 2013 year models
Honda Malaysia has issued a precautionary recall for 28,399 units of 2013 year model vehicles to replace Takata passenger front airbag inflator.
— The Star Online

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Groups in Myanmar Fire Back at Zuckerberg
Civil society groups in Myanmar on Thursday criticized Facebook’s chief executive, Mark Zuckerberg, arguing that he mischaracterized his company’s effectiveness at detecting and quashing messages encouraging violence in the country.
The New York Times 

Duterte slams Myanmar ‘genocide’ and offers to take Rohingya refugees
President Duterte accused Myanmar of “genocide” and said he was willing to accept Rohingya Muslim refugees into the Philippines.
Philippines Life Style 

Asean bloc must step up to solve Rohingya crisis: US official
THE UNITED STATES has urged all stakeholders, including the Asean bloc, to take the proper steps to provide protection and adequate humanitarian assistance to Rohingya –those remaining in Myanmar’s Rakhine state and those in squalid refugee camps in Bangladesh.
— The Nation

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Facebook Users in Philippines, Indonesia, Vietnam Hardest Hit (video)
In its latest mea culpa, social media giant Facebook has admitted that the number of its users whose data was improperly shared with British political consulting firm Cambridge Analytica was in fact 74 per cent higher than previously thought, now exceeding 87 million people.
— AEC News Today

Philippine National Bank to raise $1 billion via medium-term note program
PHILIPPINE NATIONAL Bank (PNB) is looking to raise $1 billion in fresh funds through a euro-denominated medium-term note program, it announced on Thursday.
— BusinessWorld Online

Gov’t allocates P2-B calamity fund for displaced Boracay workers
The Duterte administration will allot approximately PHP2 billion worth of calamity fund for workers who will be displaced by the six-month closure of Boracay, Malacañang said Thursday.
— Philippine News Agency

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Over 65,000 Facebook users in Singapore may have been affected by Cambridge Analytica data breach
Facebook admitted today that 65,009 Facebook users in Singapore may have had their information “improperly shared” with British political consultancy firm, Cambridge Analytica. These accounts are among the up to 87 million Facebook accounts worldwide that have been affected by the unprecedented data breach that has gripped headlines around the world.
The Independent Singapore 

Good design thinking ‘critical’ in transforming Singapore again: PM Lee
Good design thinking was a key reason for Singapore’s successful journey from third world to first, and it will be critical in the country’s future transformation, for it to remain an outstanding city in the world, Prime Minister Lee Hsien Loong said on Thursday (Apr 5).
Channel NewsAsia

UN’s top court to revisit Malaysia’s dispute with Singapore over island’s sovereignty
The International Court of Justice said it would hear arguments “concerning the revision of the judgment of 23 May 2008 in the case concerning sovereignty over Pedra Branca/Pulau Batu Puteh.”
South China Morning Post 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

UN Experts: Thailand makes progress in tackling human trafficking
Thailand has made notable improvements in eradicating human trafficking and forced labour from the fishing industry, according to UN experts.
— Prachatai English

State officials ‘embezzled’ children’s fund
AN INTERNAL probe has found that at least three state officials were suspiciously among recipients of money from the Education Ministry’s fund for underprivileged children.
— The Nation

Thailand ‘high on US trade offensive list’
Thailand emerged high on Donald Trump’s trade offensive list, meeting all three criteria in the upcoming currency report used by the US president, according to regional analysts.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Ha Noi’s condo market booming
Positive market sentiments in the condominium industry in 2017 continued into the first quarter of 2018, according to CBRE Viet Nam’s Ha Noi property market report for the first quarter (Q1) of this year, released in Ha Noi on Tuesday.
— Bizhub

PVN’s Q1 budget contribution surpasses target
In the first three months of 2018, The Vietnam National Oil and Gas Group (PVN) contributed VND23.8 trillion (US$1.04 billion),exceeding the target by 30%.
— The Hanoi Times

Measures sought for fisheries sector’s sustainable development
Representatives from 28 coastal localities nationwide gathered at a conference in the south central coastal province of Khanh Hoa on April 5 to seek measures for sustainable exploitation, preservation, processing and consumption of aquatic products.
— VietnamPlus

See here for more of today’s Vietnam Morning News

Asean Morning News is the most comprehensive selection of reports on what you need to know from around the Asean Economic Community (AEC) published. All articles are hand curated by the team at AEC News Today. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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