Asean morning news for December 26

Asean morning news for December 26

Asean morning newsAsean morning news

Compiled by Sreypov Men          @MenSreypov

 

Steady, Not Strong as Southeast Asia Faces Growth Risks in 2019
Last year, economists predicted Southeast Asia would be blessed with a strong and vibrant 2018. For next year, they’re not quite so optimistic.
— Bloomberg

Thailand’s economic goals as Asean chair
After nearly five years of painstakingly building up diplomatic and economic resilience under military rule, Thailand is embarking on an important mission as the chair of Asean throughout 2019.
— Bangkok Post

‘Malaysia a prime gateway to Asean region’
Malaysia is considered a prime gateway to the Asean market by Nordic countries, due to its favourable business environment, good logistics, facilities and access to resources.
— The Star Online

Bangkok top in Asean, second in Asia for sustainable conference destination
BANGKOK has placed second on the list of Asian destinations in the latest Global Destination Sustainability (GDS) Index.
— The Nation

Thailand Becomes First Country in Southeast Asia to Legalise Medical Marijuana
Thailand’s legislature has agreed to amend the country’s drug law to allow the licensed medical use of marijuana, as well as the kratom, a locally grown plant traditionally used as a stimulant and painkiller.
— News18

Yearender: Upholding multilateralism, ASEAN presses ahead with community building, international cooperation in turbulent 2018
In turbulent 2018 when the world was undergoing rapid changes and the existing international order facing challenges, leaders of the Association of Southeast Asian Nations (ASEAN) held fast to rules-based multilateralism system and pressed ahead with ASEAN internal integration as well as forging closer links with the world.
— Xinhua

How ASEAN and SAARC have stood the test of time
The Association of South East Asian Nations (ASEAN) leaders and scholars are deeply cognisant of the fact that in the 21st century with the geopolitical and geo-economic renaissance of Asia, as the centre of gravity of global affairs, they could be hemmed in — between China and India.
— Dailyo

India to hold bilateral meetings with some RCEP members
Indian officials will hold bilateral meetings with a few countries, including China and some ASEAN members, in the coming days to iron out issues hindering negotiations of RCEP mega trade deal, an official said.
— The week

Indonesia has most spam calls in Southeast Asia, report suggests
Indonesia had the highest number of spam calls in Southeast Asia, according to a recent report.
— The Jakarta Post

Malaysia fares worst in Asean for nutrition
The consumption of a healthy, balanced diet throughout life is essential to the maintenance of good health and the prevention of malnutrition, non-communicable diseases (NCDs) and other medical conditions.
— Star2

Islamic finance hubs in GCC, Southeast Asia come closer
The fast growing global Islamic economy, estimated at a current value of $6.4tn, has become a main driver for Islamic finance institutions and other sector players to intensify their globalisation efforts.
— Gulf Times

 

Cambodia morning newsCambodia morning news

Compiled by Mark Roy         @electricnerve

 

Ministry of Land Management sees 6.5 pct revenue hike
The Ministry of Land Management earned nearly $98 million (390 billion riel) in 2018, an increase of 6.5 percent over last year.
— The Khmer Times

Prestige Garment workers protest for second day
More than 200 workers from the Prestige Garment factory in Kandal province yesterday continued a protest over the sacking of a colleague who tried to form a union.
— The Khmer Times

Afraid of potential EU tariffs, exporters and millers buy less rice
Local rice exporter and millers will buy significantly less paddy rice this year as they await the European Union’s final decision on whether or not to impose tariffs on Cambodian rice, industry insiders say.
— The Khmer Times

See here for more of today’s Cambodia morning news

 

Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

False alarms of more tsunamis wreak havoc on Indonesia
False rumors about another imminent tsunami caused chaos Tuesday in Indonesian villages traumatized by the series of giant waves that hit without warning over the weekend, killing at least 429 people.
— New York Post

Tsunami Disaster Info; BMKG: Trust Only Government Sources
The Meteorology, Climatology and Geophysics Agency (BMKG) appealed to the public to only refer to government agencies when looking for information about disasters. BMKG chief Dwikorita Karnawati made the statement in response to the numerous misleading, unaccountable information regarding the Sunda Strait tsunami.
— Tempo.co

Bali enacts plastics ban, targeting 70 percent reduced use in 2019
Bali has taken a big step to curb pollution in its seas, enacting a ban on troublesome single-use plastics like shopping bags, styrofoam and straws.
— The Jakarta Post

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by Sreypov Men          @MenSreypov
 

Ministry to speed investment approval process
The Ministry of Planning and Investment has pledged to intensify action to speed up the consideration and approval of investment projects after learning that it typically took longer than the timeframe stipulated by law.
— Vientiane Times

Japan Supports Income Generation For People With Disabilities In Laos
The government of Japan has provided a grant worth US$ 292,195 to support income generation of people with disabilities in the Lao PDR.
— KPL

Laos not fully benefitting from integration
Laos has not fully benefited from the recent regional economic integration as its share of trade with Asean nations has declined, according to the National Institute for Economic Research (NIER), a Lao think tank.
— Khmer Times

See here for more of today’s Lao morning news

 

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men          @MenSreypov

 

‘Malaysia a prime gateway to Asean region’
Malaysia is considered a prime gateway to the Asean market by Nordic countries, due to its favourable business environment, good logistics, facilities and access to resources.
— The Star Online

Hubline plans to buy majority stake in aircraft firm for RM14.2mil
Shipping firm Hubline Bhd has proposed to acquire a majority stake in an aircraft company for about RM14.2mil.
— The Star Online

4.5 tonnes of syabu worth RM225 million seized this year
Police seized 4.5 tonnes of syabu (methamphetamine) worth about RM225 million this year, a significant increase compared to the total seizure from 2014 until last year which amounted to 3.6 tonnes.
— The Sun Daily

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by Mark Roy         @electricnerve

 

Hundreds of villagers continue to flee fighting in Rakhine
More than 1,500 people across three townships in northern Rakhine State have been displaced by fighting between the Myanmar military and Arakan Army (AA) since clashed broke out in October, according to local civil society groups.
— The Irrawaddy

Wa Lone and Kyaw Soe Oo: Lawyers outline the case for acquittal at appeal hearing
Lawyers acting for two Reuters reporters jailed for breaching the Official Secrets Act submitted seven reasons why the pair should be acquitted at an appeal hearing at Yangon Region High Court on December 24.
— Frontier Myanmar

Myanmar seized illegal trade worth over K5 billion this year
In order to fight illegal trade, Myanmar has been increasingly seizing illegally imported products through border routes.
— Myanmar Business Today

See here for more of today’s Myanmar morning news

 

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

ARMM records P20-B investments in 2012-2018
THE REGIONAL Board of Investments (RBOI) of the Autonomous Region in Muslim Mindanao (ARMM) recorded P20.07 billion investments in the period 2012-2018.
— BusinessWorld Online

Govt debt payments drop to P29B in Oct
Government debt payments fell in October as substantially lower amortizations offset an increase in interest payments, data from the Bureau of the Treasury showed.
— The Manila Times

PHL social protection spending falls below intl standard–PIDS
The national government (NG) has spent nearly a trillion pesos on social protection programs between 2009 and 2017, but the seemingly hefty amount remained below international standards, according to a study released by the Philippine Institute for Development Studies (PIDS).
— Business Mirror

See here for more of today’s Philippines morning news

 

Singapore morning newsSingapore morning news

Compiled by Mark Roy         @electricnerve

 

GIC said to snap up Taiwan shopping mall in $450m deal
Singapore sovereign wealth fund GIC has reportedly struck a deal to make a $450-million acquisition for Taiwan’s Taimall Shopping Center in Taoyuan City.
— Deal Street Asia

Axiom Asia collects $1.4b for fifth fund of funds: Report
Singapore-based Axiom Asia Private Capital has gathered $1.4 billion for its fifth Asia-focused fund of funds, a vehicle that started raising late last year with a target to mop up over $1 billion.
– Deal Street Asia

Judge rejects CPF Board’s bid to recover $417k in alleged arrears
Decision comes after Jurong Country Club was fined $3.6k over CPF non-payments for gym instructor
— The Straits Times

See here for more of today’s Singapore morning news

 

Thailand morning newsThailand morning news

Compiled by Mark Roy         @electricnerve

 

EC to speed up poll breach probes
The Election Commission (EC) is speeding up its probe into two cases of alleged violations of the law governing political parties by the pro-regime Palang Pracharath Party (PPRP), saying results of the investigation are expected in up to two months .
— The Bangkok Post

Thailand to require travel insurance for 1-year visa
Foreigners visiting Thailand on a 1-year multiple-entry visa will be required to have travel insurance throughout their stay.
— NBT World (video)

Thai Nov factory output rises 0.98 pct, below forecast
Thailand’s manufacturing production index (MPI) in November rose 0.98 percent from a year earlier, led by higher production of cars, petroleum and sugar, the Industry Ministry said on Tuesday.
— Reuters

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men          @MenSreypov

 

Hanoi continues to be most attractive FDI destination
Hanoi continues to lead the country in drawing foreign direct investment (FDI) with more than US$7.5 billion poured into the capital since the beginning of 2018, a 2.18-fold increase against the previous year.
— Nhan Dan online

Tourism revenue up nearly VNĐ110 trillion this year
Việt Nam’s tourism revenue is estimated at VNĐ620 trillion (US$26.5 billion) in 2018, an increase of nearly VNĐ110 trillion against the previous year.
— Viet Nam News

Labour exports reach record of over 140,000 in 2018
The number of Vietnamese workers abroad reached over 140,000 in 2018, up 7% over the previous year, according to the Department of Overseas Labour Management under the Ministry of Labour, Invalids and Social Affairs.
— Nhan Dan online

See here for more of today’s Vietnam morning news

 

The Asean morning news roundup and its individual country morning news round-ups are the most comprehensive hand-curated selection of news reports from around the Asean Economic Community (AEC) published. We scour hundreds of local and international news and websites to find the things that you need to know to start your working week day.

We clearly identify the source of the story, whether it is behind a paywall, a media release, or whether the site uses annoying pop-up advertising or auto-play video, in case those things annoy you. It’s all then packaged up in an easy to read format enabling you to make an informed choice of whether you want to learn more by clicking directly through to the original source, or keep on reading the headlines. AEC News Today: Governance, not government; policies not politics.

 

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