Asean Morning News For January 18

Asean Morning News For January 18

Asean morning newsAsean Morning News

Compiled by Sreypov Men    @MenSreypov

 

New Kinpo Group to construct lights-out factories in Southeast Asia
The New Kinpo Group is planning to establish lights-out factories in Thailand and the Philippines in 2018 and is looking to build another in Thailand in 2019 to help save manual labor, according to group chairman Rock Hsu.
DigiTimes 

China’s Supply of Cheap Energy to Southeast Asia Could Stall Hydropower Development: Analyst
As the construction of hydropower dams in China booms, both China and Laos are looking to sell off excess energy to their Southeast Asian neighbors, with experts saying cheaper electricity costs can help boost development in countries like Cambodia.
VOA Cambodia 

Vietnamese SMEs to Join ASEAN Goods Self-Certification
Vietnam’s Ministry of Industry and Trade (MoIT) has made changes to the pilot implementation of self-certification of goods origin as per the ASEAN Trade in Goods Agreement (ATIGA).
Asean Briefing 

Singapore Goes for Quiet ASEAN Diplomacy
Singapore is settling into its one-year rotating chairmanship of the Association of Southeast Asian Nations at a time when the region’s economic growth is outperforming the world. But the possibility of unpredictable political and economic changes both within the region and beyond present the city state with both opportunities and threats.
Financial Tribune 

SAIC aims to take a bite out of Japan’s car dominance in ASEAN
BANGKOK SAIC Motor has opened a major vehicle factory in Thailand, a first for a big Chinese automaker, seeking to stake a claim in a Japanese-dominated market as well as export to other Southeast Asian countries.
Nikkei Asian Review

Work across borders to boost digital economy: Asean business leaders
AS Asean’s digital economy booms, cross-border cooperation is key to realising its full potential, regional business leaders said at the Singapore Business Federation’s Asean Outlook Conference 2018 on Wednesday.
The Business Times 

Now or never for Asean to take a stand
The Association of Southeast Asian Nations (Asean) is fast approaching a moment of institutional truth.
Asia Times 

What is ASEAN?
India has invited leaders of all 10 countries of Association of South East Asian Nations (ASEAN) to attend its Republic Day celebrations on January 26.
Indian Express

Company to probe for minerals close to Mekong River dolphin habitat
An Australian mining company aims to begin searching for minerals, as well as oil and gas, next to part of the Mekong River in Cambodia where the endangered Irrawaddy river dolphin (Orcaella brevirostris) lives. The Phnom Penh Post reported the venture today.
Mongabay 

 

Malaysian infra firms to maintain stronger credit profiles, says S&P
S&P Global Ratings expects infrastructure majors in Singapore, Malaysia, Thailand and the Philippines to be on stronger footing versus their peers in India and Indonesia.
— The Star Online

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Cambodian exile says postpone election to avoid violence
Exiled Cambodian opposition figure Sam Rainsy on Wednesday raised the prospect of violence if this year’s general election is not postponed, prompting a government accusation of a threat to the state.
— Reuters/Business Insider

PM Hun Sen: Garment Worker Needs to Bring ID of NSSF to Access Free Treatment (Video inside)
Prime Minister Hun Sen recommended that the garment worker needs to bring the identification card issued by National Social Security Fund (NSSF) to access free health treatment service at public hospital.
— Fresh News

Income tax threshold raised again
Workers in Cambodia who make over $250 should start to see more money in their paychecks starting this month, as the government has raised the withholding income tax threshold for the third straight year.
— The Phnom Penh Post

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Indonesia to regulate taxes for global firms’ subsidiaries
The Directorate General of Taxation has issued a regulation on taxes for subsidiaries of global companies, an official has said.
— The Jakarta Post

Sales of Pajero Sport Reach 120,000 Units
One of the mainstay variants of PT Mitsubishi Motors Krama Yudha Sales Indonesia (PT MMKSI) in the segment of Sport Utility Vehicle (SUV) for Pajero Sport has recorded sales of 120,000 units since it was first launched in 2009.
— Netral News

Electronic City Indonesia Spent Over 66% of Its IPO Proceeds
Indonesia-based electronics retail store Electronic City Indonesia announced that it has used more than half of the funds that were collected through the company’s initial public offering (IPO) on the Indonesia Stock Exchange in 2013.
— Indonesia Investment

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Laos, Slovakia ink financial cooperation agreement
The governments of Laos and Slovakia have signed an agreement aimed at boosting bilateral business relations and finance cooperation between the two countries.
Vientiane Times 

Laos, Cambodia Meet on Security Issues
An annual bilateral meeting between the Ministry of Public Security of Laos and the Ministry of Interior of Cambodia was held on Jan 17 in Vientiane capital.
Lao News Agency

Govt, UNDP assess progress towards development goals
The Ministry of Planning and Investment in collaboration with the United Nations Development Programme (UNDP) yesterday held their annual review meeting on the Support Programme for NSEDP Implementation towards Least Developed Country (LDC) Graduation, Middle Income Country (MIC) Transition and SDG Achievement (2017-2021).
Vientiane Times 

See here for more of today’s Lao Morning News

 

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Malaysian infra firms to maintain stronger credit profiles, says S&P
S&P Global Ratings expects infrastructure majors in Singapore, Malaysia, Thailand and the Philippines to be on stronger footing versus their peers in India and Indonesia.
— The Star Online

Govt. rep: Malaysia prepares for fourth IR, plans to move into high tech industries
As Malaysia prepares for the fourth industrial revolution, it seeks to “move away from industries depending on cheap labour and into high technology investments in aerospace, railways and shipbuilding”, revealed Tan Sri Zakri Abd Hamid, scientific advisor to the Malaysian Prime Minister.
— Human Resources Online

Petrol prices up four sen, diesel unchanged
The prices of RON95 and RON97 petrol will rise by four sen effective midnight, while the price for diesel remains unchanged.
— Malay Mail Online

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Myanmar police kill seven ethnic Rakhine protesters
The violence occurred after more than 4,000 ethnic Rakhine Buddhists gathered in Mrauk U on Tuesday to protest at a ban on the annual commemoration of the fall of the ancient Arakan kingdom.
BBC 

Myanmar must reverse laws and practices that perpetuate military impunity – ICJ
Myanmar’s government must take concrete action to counteract decades of military impunity for human rights violations, the International Commission of Jurists concluded in a report published today.
Mizzima 

Local businesses fret over minimum wage hike
Many business organisations in Myanmar have lodged objections against improving daily wages as approved by the National Committee for Designating Minimum Wage earlier this month.
Eleven Myanmar 

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

‘Duterte can run again under federal Charter’
Restricted to a single term under the Constitution, President Duterte can run again for the highest office under new federal Charter, according to the leader of the House panel spearheading efforts in the chamber to change the Constitution.
Philstar 

‘Responsible journalism means complying with the law’ – NPC
THE National Press Club (NPC) on Wednesday sided with the Securities and Exchange Commission (SEC) on the revocation of the corporate papers of online news outfit Rappler, saying there was no threat to the exercise of press freedom and freedom of expression.
The Manila Times

Philippines checks if key Malaysian extremist survived siege
Philippine troops are trying to validate intelligence information that a Malaysian militant leader survived the defeat of an Islamic State group-linked siege and is helping restart efforts to establish an extremist alliance, a military official said Wednesday.
ABC News 

See here for more of today’s Philippines Morning News

 

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

NTUC Income unveils first-in-Singapore digital portal for Integrated Shield Plans
NTUC Income has launched a portal that allows customers to digitally purchase an Integrated Shield Plan – in what is believed to be the first such portal in Singapore.
The Business Times 

Civil Disobedience: Singaporeans Defiant As Harsh eScooter Laws Come Into Play (video)
When it comes to safe, law-abiding cities it is hard to go past Singapore. In 2016 the city-state recorded 135 days on which there was no crime of any kind, while The Economist Intelligence Unit recently ranked Singapore second on its Safe Cities Index for 2017. All of which makes the recent outbreak of lawlessness on the roads there approaching the equivalent of mass civil disobedience in any other country.
— AEC News Today (video)

Singapore needs stronger anti-bribery laws
Singapore’s biggest corruption scandal, involving Keppel Offshore & Marine, has shown up areas in the country’s anti-bribery laws that could be strengthened to better deter graft offences overseas.
The Straits Times (paywall)

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Minimum wage rise of 5-to-22 baht approved
The national wage committee with the authority to approve minimum daily wage hikes agreed on Wednesday night to an increase in the minimum wage.
— Bangkok Post

Thailand Boosts National Minimum Wage for First Time Since 2013
Thailand raised its minimum wage nationwide for the first time in five years, as the country’s military government tries to tackle lingering income inequality.
— Bloomberg

PM accuses the media and politicians of trying to overthrow junta govt
PRIME MINISTER General Prayut Chan-o-cha accused the media and politicians of attempting to overthrow the junta government and the National Council for Peace and Order in a letter handed to Cabinet members on Tuesday.
— The Nation

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Gov’t moves closer to SOE capital committee
Prime Minister Nguyen Xuan Phuc signed a decision to form a working group to boost the formation of a special committee responsible for managing State capital at enterprises.
— Bizhub

Plastics growth garners strong interest
Vietnam’s plastics and packaging industry is luring in a new wave of foreign investors due to the sector’s strong growth.
— VietnamNet Bridge

Auspicious start to Vietnamese rice export in 2018
Vietnamese rice exports have got off to a positive start right from the outset of the year, with promising signs from traditional rice importers like the Philippines and Indonesia.
— 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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