Asean Morning News For March 14

Asean Morning News For March 14

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


ASEAN needs to remain ‘effective and central player’ in region: PM Lee
ASEAN must continue working hard to remain an effective and central player in the region, said Prime Minister Lee Hsien Loong on Tuesday (Mar 13).
Channel NewsAsia 

Putin uses arms sales to ASEAN to increase Russian standing in Southeast Asia
Air Marshall Yuyu Sutisna was sworn in as Indonesia’s new Air Force Chief of Staff on 17 January 2018. As soon as he took the position, he announced the purchase of 11 new SU-35 jet fighters. This is not surprising. He is continuing the ASEAN trend of stockpiling arms in recent years.
Asean Today

Blockchain to innovate Southeast Asia’s airline industry
Blockchain refers to a shared, public ledger of records or transactions that is open to inspection by every participant while not being subject to any form of central control.
The Asean Post 

Bitcoin start-ups in Asia take aim at remittances market
Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers.
— Reuters

Sufficiency economy educational program launched for ASEAN students
Students from ASEAN countries, as well as Bhutan and Sri Lanka, have taken part in a sufficiency economy educational program for sustainable development.

ASEAN is not South East Asia
The upcoming ASEAN-Australia Special Summit has led to a surge in analysis of the Association of South East Asian Nations and Australia-ASEAN relations in Australia.
— The Interpreter

Human rights concerns to be aired at ASEAN
Australia intends to press its southeast Asian neighbours including Cambodia and Myanmar about serious human rights concerns when leaders gather in Sydney this weekend.
— 9News

India pivots to Southeast Asia to counter China’s growing clout
India is determined to act as a counterweight to China’s strong presence in Southeast Asia.
— Nikkei Asian Review

Kakao to roll out ride services in Japan and Southeast Asia
Kakao is expanding its transportation services to Japan and Southeast Asia, as the South Korean internet company runs into regulatory obstacles in its home market.
— Nikkei Asian Review

Asean must stand united amid tidal pulls on members as regional powers grow in strength: PM Lee Hsien Loong
Asean has to get used to new internal dynamics as each member – to a different degree – feels the influence of burgeoning powers in the region, especially China and India, said Prime Minister Lee Hsien Loong on Tuesday (March 13).
— The Straits Times

Real-Time Payments to Drive Revenue Growth and Provide Launchpad for Innovation, According to More than 80 Percent of Bank Executives in New ASEAN Benchmark Data
ASEAN member states, driven by market forces and developments in the wider Asia-Pacific region, are looking at how real-time payments can act as a catalyst for payments modernization and future innovation – though member states are currently at different levels of technical and economic sophistication, as reflected by investment plans.
— Business Wire (media release)

China-ASEAN Expo to be held in September
The 15th China-ASEAN Expo is scheduled to be held from Sept. 12 to 15 in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region, the organizer announced Tuesday.
— Xinhua

ASEAN summit reflects our standing in the region
This week for the first time, the leaders of the 10-member Association of Southeast Asian Nations, or ASEAN, will meet in Australia.
The Sydney Morning Herald

Australia: ASEAN Summit Should Promote Rights
Australian Prime Minister Malcolm Turnbull should make human rights a central and public focus of the upcoming summit with Southeast Asian leaders, Human Rights Watch said in a briefing paper released today. Turnbull is scheduled to host leaders of the 10-country Association of Southeast Asian Nations (ASEAN) March 17-18 in Sydney at the ASEAN-Australia Special Summit, the first ASEAN summit to be held in Australia.
Human Right Watch

Asia Pacific history trumps Indo-Pacific fantasy
The idea of the Asia Pacific is as old as World War II. The tides of nationalist awakening connected the Indian anti-colonial movements, along with a handful of Arab nationalists, to Southeast Asia, China and Japan.
East Asia Forum 

Racial identity in Southeast Asia as a modern social construct
When the discussion in Malaysia (our home country) turns to racial issues and concerns, it is very hard to hold back the eye rolls. These conversations are hard to avoid in post-colonial Southeast Asia, as many still hold very strongly to their ‘racial’ identity.

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov


Cambodia’s future uncertain amid casinos, Chinese investment and corruption
Cross the land border from Thailand into Cambodia and what strikes you first are the casinos.

Progress on UN SDGs limited in some areas
Despite making moderate progress, Cambodia needs to step up its efforts in nutrition, sanitation and ending domestic violence in order to reach its UN Sustainable Development Goals, according to a new report from Unicef.
— The Phnom Penh Post

Kingdom’s list of certifications grows to 868
The Institute of Standards of Cambodia developed 63 new standards last year, bringing the total number of certifications available from the government to 868, though one industry representative said the system still needed improvement in order to facilitate exports.
— The Phnom Penh Post

See here for more of today’s Cambodia Morning News


Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


BI to Fine Rp300mn for Unlicensed Foreign Banknotes Carrier
Bank Indonesia or BI will give a fine of up to Rp300 million for individuals or unlicensed corporations that are carrying foreign banknotes cross-customs with a value of at least or equivalent to Rp1 billion.

Indonesia to lose $630m in revenue from coal price cap
Indonesia’s decision to impose a price cap on domestic coal prices will lower state revenue by up to 9 trillion rupiah ($630 million) this year, a senior finance ministry official said on Tuesday.
— Nikkei Asian Review

Indonesia eyes fintech regulation to avoid ‘loan shark-like’ practices
Indonesia’s financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.
— The Star Online

See here for more of today’s Indonesia Morning News


Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat


Japan’s education aid to Laos boosts human resource development
Education assistance provided by the government of Japan has contributed significantly to human resource development in Laos. Japanese Ambassador to Laos Takeshi Hikihara told Vientiane Times recently that Japan has extended educational assistance from the elementary school level to the provision of diploma-level scholarships
Vientiane Times 

Laos’ Economy Continues Well; IMF Report
On Feb 26, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao PDR stating that the country’s economy continues to perform well, supported by a favorable external environment and strong flows of foreign direct investment from its dynamic neighbors.
Lao News Agency

Ministry to bolster trademark protection
All commodities produced in Laos will have a trademark under the Madrid Protocol, to create econom mic opportunities and help raise the standard of trade in the country.
Vientiane Times 

See here for more of today’s Lao Morning News


Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov


Malaysia’s industrial production index up 3pct in Jan 2018
Malaysia’s Industrial Production Index (IPI) rose 3.0 per cent in January 2018 from the same month of 2017, supported by positive growth in all indices, manufacturing (4.8 per cent), mining (1.5 per cent) and electricity (4.3 per cent).
— New Straits Times

Kelington banks on industrial gases to spur earnings growth
Integrated engineering solutions provider Kelington Group Bhd aims to develop its industrial gases division to represent about 30 per cent of the group’s earnings within the next five years.
— New Straits Times

Anti-graft policies lacking in local firms: Transparency International Malaysia report
Many Malaysian businesses do not have anti-corruption programmes or policies in the company, according to Transparency International Malaysia’s Business Integrity Country Agenda (Bica) assessment report, which has urged businesses to implement anti-corruption programmes.
— The Sun Daily

See here for more of today’s Malaysia Morning News


Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat


Myanmar: UN blames Facebook for spreading hatred of Rohingya
Facebook has been blamed by UN investigators for playing a leading role in possible genocide in Myanmar by spreading hate speech.
The Guardian 

Myanmar Rejects Reports That It Committed Extreme Human Rights Violations
Two reports to the United Nations have found that Myanmar has carried out extreme human rights violations against the Rohingya people, abuses that are most likely crimes under international law.

Myanmar’s diaspora returning to aid economic development
Previously exiled Myanmar citizens are returning to their native land armed with knowledge and skills to share with their countrymen and help rebuild the country. Ate Hoekstra reports from Yangon.
Deutsche Welle 

See here for more of today’s Myanmar Morning News


Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


Subsidies to various government agencies hit P131 billion in 2017
The national government has disbursed subsidies to various agencies amounting to P131 billion for 2017, with the Philippine Health Insurance Corp. (PhilHealth) receiving the highest subsidy of P47.19 billion for the year.
— Business Mirror

Rappler lawyer rejects tax evasion rap
News website Rappler did not have to pay income tax or value added tax for the sale of its Philippine depositary receipts or PDRs, contrary to allegations made in a tax evasion complaint, its lawyer said Tuesday.
— ABS-CBN (video)

Aquino should be charged for ‘hastening’ Dengvaxia procurement – Gordon
Criminal charges should be filed against former President Benigno “Noynoy” Aquino III and his budget and health secretaries for allegedly “hastening” the procurement process of the controversial P3 billion Dengvaxia vaccine, Senator Richard Gordon said Tuesday.
— (video)

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat


Singapore to Fight Fake News With Same Approach as Illicit Drugs
Singapore intends to treat fake news with the same comprehensive approach as it does illicit drugs while allowing space for a “robust” discourse, according to a cabinet minister involved in discussions on new regulations.

Singapore best performing ‘smart city’ globally: Study
Singapore was ranked the top performer in a global smart city ranking by Juniper Research.
Channel NewsAsia 

IE Singapore facilitates partnership to offer IoT Facilities Management Solution in overseas markets
International Enterprise (IE) Singapore has facilitated a partnership between Certis Group (Certis) and Eutech Cybernetic Pte Ltd (Eutech) to offer Singapore’s first IoT (Internet of Things) Facilities Management (iFM) solution in identified markets.
Open Gov Asia 

See here for more of today’s Singapore Morning News


Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ


Thailand to host ASEAN Summits next year
The Thai government has held a meeting to prepare for the hosting of two ASEAN Summits next year.
— News Today (video)

Thailand plans to draft a law to regulate cryptocurrencies: official
Thailand’s cabinet has agreed in principle that a law should be drafted for regulating digital assets, including cryptocurrencies and initial coin offerings, a government official said Tuesday.
— Reuters

Thai TV wins landmark licence case against NBTC
IN AN historic case, Thailand’s broadcast regulator was yesterday ordered to return seized bank guarantees worth almost Bt1.75 billion to Thai TV, the licensee of two digital television stations.
— The Nation (annoying pop-ups)

See here for more of today’s Thailand Morning News


Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov


Vietnam’s steel exports increase more than 38%
Vietnam’s total steel exports for the first two months of the year increased 38.6% over the same period last year to more than 728,000 tonnes, according to the Vietnam Steel Association (VSA).
— Nhan Dan Online

Local cosmetics sector needs preferential policies
Viet Nam needs more preferential policies to attract investors to the local cosmetics sector, economic experts have recommended.
— Viet Nam News

VITM 2018: Vietnam’s travel companies adapt to Industry 4.0
Businesses from 43 provinces and cities across Vietnam will participate in the sixth Vietnam International Travel Mart – VITM 2018 – from March 29 to April 1, seeking to learn about tourism trends in the fourth industrial revolution.
— 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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