Asean Morning News For March 15

Asean Morning News For March 15

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Australia warned against ‘dancing with dictators’ at Asean summit in Sydney
Australia is not a member of Asean, nor is it planning to be, but this weekend’s Asean summit in Sydney is a significant step in binding Australia closer to its regional neighbours through trade and increased counter-terrorism cooperation.
— The Guardian

South China Sea a major focus for ASEAN leaders
The dispute over the South China Sea will be discussed at the ASEAN summit, with a joint communique expected to outline the region’s formal position in response to China’s aggressive pursuit over contested territories.
— The Australian (paywall)

ASEAN must be bulwark of free trade
Australia has been an ASEAN dialogue partner since 1974, an acknowledgement of the centrality of ASEAN to the country’s regional security.
— Financial Review

Australian business bullish on ASEAN but slow to move
The share of Australian firms planning to increase their presence significantly in south-east Asia has almost doubled over the past two years, but companies have been holding back from the region on concern about corruption, ownership restrictions and lack of access to skilled labour.
— Financial Review

How Southeast Asian countries are upgrading their airport capacity
More and more Southeast Asian countries are upgrading their existing airports, as well as building new ones.
— Asean Post

Going green is no easy task
The path towards meeting the Association of Southeast Asian Nations’ (ASEAN) goal of securing 23 percent of its primary energy from renewable resources by 2025 is no simple feat.
— Asean Post

ASEAN Banks Eager For Real-Time Payments
Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time
payments to come with some major benefits to their businesses, according to new
analysis from ACI Worldwide and Ovum.
— PYMNTS.com

The future of women in Asean: Three priorities for govts
ASEAN women have made great progress as an economic contributor over the last 50 years.
— Business Times

Govt to ease transport woes with neighbouring nations
THE GOVERNMENT will build more roads and rail lines linking neighbouring countries with Thailand in the Mekong sub-region in order to ease traffic congestions at major border points, said Transport Minister Arkhom Termpittayapaisit.
— The Nation

Gaming is taking over Southeast Asia
One of the biggest beneficiaries of the growing digital economy in Southeast Asia is the gaming industry.
— The Asean Post

Vietnam-Laos-Cambodia joint campaign curbs rise in human trafficking
The joint campaign of Vietnam, Laos and Cambodia to fight and suppress trans-national human trafficking crime in 2017 has contributed to reducing the rise of the crime, heard a conference in Laos.
— VietnamPlus

ASEAN civil society organisations meet in Singapore
About 50 leaders of civil society organisations (CSOs) from 10 ASEAN countries have attended the third ASEAN Forum, which opened on March 14 in Singapore, to discuss ways to build the ASEAN Community of political and economic connection and shared social responsibilities.
Vietnam Plus 

The future of women in Asean: Three priorities for govts
ASEAN women have made great progress as an economic contributor over the last 50 years. Despite the cultural and socio-economic diversity across the region, much has been achieved through public legislation and efforts by the private sector and civil society.
The Business Times 

Cops, pollies back new ASEAN police powers
Top government and police officials have backed tough security measures which will be imposed on Sydney ahead of this weekend’s ASEAN summit.
News 

Understanding Nanning’s strategic roles in China-ASEAN cooperation
Upon leaving the Nanning Wuxu International Airport, any visitor will notice the beautifully decorated (and consistently-maintained) national flags of the ten ASEAN member states along the highway into the city centre of Nanning.
The Independent Singapore 

Australian financial intelligence agency hosts ASEAN-Australia Codeathon
At this weekend’s ASEAN-Australia summit in Sydney, counter-terrorism is set to be one of the major issues for the meeting’s agenda.
Xinhua Net 

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

UN envoys urges Cambodia to heed need for human rights
With political and press freedoms under pressure ahead of elections scheduled for July, the U.N.’s specially appointed researcher on human rights in Cambodia said Wednesday it is a mistake for the government of long-serving Prime Minister Hun Sen to prioritize stability and development over human rights.
— The Washington Post

The future of cashless systems in a cash-based economy
In a country where most people are paid in cash and the majority of businesses are cash-only, cashless payment platforms can appear out of place.
— The Phnom Penh Post

Cambodia inaugurates 1st own-built bridge across Mekong River tributary
Cambodia on Wednesday inaugurated its first own-built concrete bridge across a Mekong River tributary in southeastern Kampong Cham province.
— Xinhua

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

China to build Indonesia’s longest bridge in North Kalimantan
The Chinese government has expressed interest in building a Rp 12 trillion (US$14.50 billion) bridge, which would be Indonesia’s longest, in North Kalimantan.
— The Jakarta Post

Indonesian bitcoin investors set to outnumber stock participants
The biggest Indonesian platform to buy and sell digital currency may soon have more
members than the nation’s century-old stock exchange.
— Bangkok Post

BRI Customers Lose Money, YLKI: Proof of Weak Banking IT System
Chief Executive of the Indonesian Consumers Foundation (YLKI) Tulus Abadi stated that the information technology (IT) system of Indonesian banking is still weak and so easily broken.
— Tempo.co

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

One trillion kip in state assets misappropriated in past year
Over 1 trillion kip was siphoned off last year in the implementation of development projects through the violation of laws and financial disciplines by government bodies and the private sector.
Vientiane Times

Laos-China economic corridor to yield great benefits: Chinese ambassador
The Laos-China economic corridor, which the two countries have agreed to establish, will bring great benefits to both sides and the region as a whole, Chinese Ambassador to Laos Wang Wentian told Lao and Chinese media this week.
Vientiane Times

Lao Airlines suspends flights on Vientiane-Singapore route
A notification issued this week on the airline’s official website announced the cancellation of flights to Singapore for the Summer Schedule 2018.
Asia One

See here for more of today’s Lao Morning News

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Malaysian small businesses investing in technology, creating jobs
Malaysia’s small businesses are experiencing positive business conditions, with many adding jobs and investing in technology, according to CPA Australia’s eighth annual Asia-Pacific Small Business Survey.
— New Straits Times

Moody’s raises medium-term price band forecast for crude oil
Moody’s Investors Service has raised its medium-term price band for crude oil to US$45-US$65 per barrel from US$40-US$60 per bbl, as continued Opec-led production restraint and strong global demand growth contribute to declining global inventories, offsetting rapid increases in US shale production.
— The Sun Daily

Malaysia stands to gain from revised TPP trade pact
Malaysia stands to gain from the revised Trans-Pacific Partnership (TPP) agreement, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
— Free Malaysia Today

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

UN suspects Myanmar is guilty of genocide
On March 9, Zeid Ra’ad al-Hussein, the United Nations High Commissioner for Human Rights, told a news conference in Geneva that what he suspected were “acts of genocide” against Myanmar’s Rohingya Muslim minority should be referred to the Hague-based International Criminal Court (ICC) for prosecution.
Asia Times 

Samsung Abandons Myanmar Investment Plan Claiming No Incentive
South Korean electronics conglomerate Samsung has cancelled plans to build a manufacturing facility in Myanmar, citing political uncertainties and an ‘unfavourable administrative environment’ as behind the decision.
AEC News Today 

Myanmar verifies fewer than 400 Rohingya for repatriation
Myanmar has only been able to verify 374 Rohingya Muslim refugees for possible repatriation from Bangladesh, officials said today, blaming their neighbour for not providing the correct information about the refugees.
The Daily Star

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

ar on Terrorism: The Making of a Philippine Scout Ranger (video)
The Philippines is on the front line in the global war on terrorism with recent  reports saying that Maute-ISIS remnants are regrouping and preparing to mount additional attacks.
— AEC News Today (video)

PH startup to launch $35-M coin offering in Singapore
FILIPINO start-up Acudeen Technologies, Inc. is set to launch a $35-million cryptocurrency offering in Singapore next month.
— The Manila Times

Watch In Horror As The Philippines Bulldozes Priceless Sports Cars To Combat Smuggling
Grab a box of tissues, because you’re about to witness 14 amazing sports cars—including a BMW Z1, Porsche 911 GT3, Mercedes SL55 AMG, Opel Manta and BMW Alpina B12—get smushed into thin sheets by a bulldozer and a backhoe. It’s not pretty.
— Jalopnik (video)

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Singapore bank sets up unit to drive in-house AI development
OCBC Bank has set up a new unit dedicated to developing and integrating artificial intelligence (AI) capabilities into its products and services.
ZDNet 

Singapore: Halt imminent execution
The Singaporean authorities must immediately halt the imminent execution of a man who has been sentenced to death under the country’s cruel anti-drug laws, Amnesty International said today.
Amnesty International 

Former GM of Ang Mo Kio Town Council charged with corruption
The former general manager of Ang Mo Kio Town Council was charged on Wednesday (Mar 14) with 55 counts of corruption involving S$107,000.
Channel NewsAsia 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Thailand to tax gains from cryptocurrency trade: minister
Thailand plans to impose a 15-percent withholding tax on gains from cryptocurrency trade, Finance Minister Apisak Tantivorawong said on Wednesday.
— Reuters

Army removes volunteer lifeguards from Phuket beaches
The commanding officer of the Royal Thai Army contingent stationed in Phuket has confirmed that soldiers under his command last Tuesday (Mar 6) “asked” volunteer lifeguards at Kamala to leave the beach and no longer provide lifeguard patrols for tourists.
— The Phuket News

Thai growth momentum exceeds expectations: central bank chief
The momentum of Thailand’s economic growth has exceeded central bank expectations and recovery has become more broad based, but monetary policy needs to remain accommodative, the central bank governor said on Wednesday.
— Reuters

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Private sector to contribute 65% to Vietnam’s GDP by 2020
The Government is taking a series of strong reforms in a move to increase the contribution of the private sector to 65 percent of the country’s gross domestic product (GDP) by 2020.
— The Hanoi Times

2,300 tonnes of beef imported from US, Australia
Viet Nam spent some US$15 million to import nearly 2,300 tonnes of beef from Australia and the United States in the first two months of this year, according to the General Department of Customs.
— Bizhub

Vietnam’s automobile support industry remains underdeveloped
The supporting industry for Vietnam’s automobile manufacturing sector is still underdeveloped, heard a seminar on the industry’s development in the fourth industrial revolution in Ho Chi Minh City on March 13.
— 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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