Asean Morning News For March 21

Asean Morning News For March 21

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

China profits from Southeast Asia’s democratic deficits
The United Nations has appealed to Cambodian leader Hun Sen to scrap a ban on the main opposition party and allow it to stand in the coming parliamentary election.
— Nikkei Asian Review

Xi’s stronger influence may change ASEAN policy toward Japan
Some diplomats in China have voiced concerns over President Xi Jinping’s possible indefinite rule, warning that Beijing is set to adopt a tougher approach toward smaller Asian countries to expand its clout in the region.
— Kyodo News

Asian Central Banks Set to Hold Fire as Fed Hikes Interest Rates
Most Asian central banks will stand pat for now, even with the Federal Reserve poised to raise borrowing costs this week.
— The Edge Markets

Asean meeting mulls regional alcohol policy
Health experts from Laos and other Asean member countries are meeting in Vientiane this week to
discuss regional alcohol policy and knowledge-sharing in the field.
— Philippine Daily Inquirer

Stop relying on Chinese international students, ASEAN countries say to Australia
Education is Australia’s third largest export, and according to the federal Department of Education and Training, some 800,000 students came to study in 2017 alone, including at both school and higher education institutions.
— ABC

Asean planning to draw up occupational health guidelines
Asean member countries plan to create occupational health guidelines for industries by risk factor, to provide preventive measure recommendations for the health of workers in Laos and the region.
Vientiane Times 

Should Australia join Asean?
Australia has shown it is happy to stay in the middle ground between economic partner China and security ally the United States as it edges closer to a surprising centrist alliance with Southeast Asian countries.
Asia Times 

The Real Significance of the ASEAN-Australia Special Summit
The true value of the engagement lies in what it says about Southeast Asia and ASEAN’s growing importance.
The Diplomat

Why some in South-east Asia still have reservations about China’s Belt and Road Initiative
Chinese leader Xi Jinping’s Belt and Road Initiative is an ambitious one that can significantly transform the economic and geopolitical landscape of Eurasia in the coming decades.
Today Online

5 mobile app trends in Southeast Asia
2017 was another great year for mobile. Marketers who focused on mobile reaped the rewards, as budgets continued pouring into the channel.
Enterprise Innovation 

China profits from Southeast Asia’s democratic deficits
The United Nations has appealed to Cambodian leader Hun Sen to scrap a ban on the main opposition party and allow it to stand in the coming parliamentary election.
Nikkei Asian Review (metered paywall)

Australia announces defence scholarships for ASEAN countries
Australia has announced the ASEAN-Australia Defence Scholarship for 10 scholars from ASEAN
member nations, including Vietnam, to complete a two-year ‘Master of Strategic Studies’ Post-
graduates degree in Australia.
— Vietnam Plus

Asean markets lurch in first-quarter fog
Asean’s main stock markets were mixed heading into the first-quarter close, with Thailand and Malaysia at the front with respective 10% and 5% gains, and Indonesia and the Philippines behind with average losses over 5% on the MSCI Index.
— Asia Times

Australia courts ASEAN amid human rights controversies
As the first-ever ASEAN-Australia Special Summit came to a close on Sunday, Malcolm Turnbull, Australia’s prime minister, triumphantly announced that participants had committed to building “a more secure and prosperous region”.
— Aljazeera

ASEAN’s mega infrastructure future to fuel economic growth
A global law firm partner has identified mega projects and infrastructure needs as the key drivers of economic growth in ASEAN countries over the next five years.
— LawyersWeekly

ASEAN tackles disasters
ASEAN provides the Southeast Asian region with a strategic umbrella for important economic, political, security and socio-cultural initiatives.
— New Straits Times

More companies in South-east Asia planning to divest: survey
SOUTH-EAST Asian firms’ divestment intentions have caught up to those of their global peers, according to the latest annual EY Global Corporate Divestment Study.
— Inquirer.net

Here comes the ‘sunrise’: Why ASEAN will be global boom region for supplements and nutrition products
The vast potential for supplements, functional foods and high-value nutritional products in Southeast Asia has been underlined by a new report, which highlights them as “sunrise industries” — namely, ones that are tipped to achieve considerable success.
— Food Navigator

Prudential to expand in Asia
Prudential Plc (2378) will boost investments to develop its Asian business and expand its investor base in the region going forward, Nic Nicandrou, chief executive of Prudential Corporation Asia, said yesterday.
— The Standard

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Post’s bill from tax authority business as usual, says CEO
The Phnom Penh Post is currently negotiating a tax bill with Cambodia’s General Department ofTaxation (GDT), the newspaper’s CEO said on Tuesday, denying media reports that The Post was on the verge of shutting down, and characterising the negotiations as “routine”.
— The Phnom Penh Post

China’s Hong Kong, Cambodia still have huge room for growth in trade, investment
China’s Hong Kong Special Administrative Region (HKSAR) and Cambodia still have huge room for growth in trade and investment, a HKSAR’s top economic official said here on Tuesday.
— Xinhua

Vietnamese rubber firms’ contribution to Cambodia appreciated
The governor of the Cambodian province of Kampong Thom appreciated Vietnamese rubber companies’ contributions to local socio-economic development while visiting them on March 19.
VietnamPlus

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Business selling expired food in West Jakarta had Rp 6 billion turnover: Police
A business in West Jakarta that sold expired food had a turnover of up to Rp 6 billion (US$436,200), police said on Tuesday.
— The Jakarta Post

Indofood Books Profit of IDR4.17 Trillion in 2017
PT Indofood Sukses Makmur Tbk posted current year earnings that can be distributed to owners of the parent entity (net income), which rose 0.6 percent.
— Netral News

BPOM Finds Roundworms in Canned Mackerel Farmer Jack
Pekanbaru`s Food and Drug Monitoring Agency (BPOM) recently banned the distribution of canned mackerel Farmer Jack after the agency discovered that it contained hazardous parasites.
— Tempo.co

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Thai court sentences Laotian drug kingpin to life in prison
A Thai court has given a life sentence to a Laotian drug kingpin who was notorious for a high-flying lifestyle and alleged social connections to celebrities and other VIPs.
The Seattle Times 

Asean planning to draw up occupational health guidelines
Asean member countries plan to create occupational health guidelines for industries by risk factor, to provide preventive measure recommendations for the health of workers in Laos and the region.
Vientiane Times 

Laos, EU agree to promote, protect human rights
The Lao government and the European Union (EU) have agreed to strengthen their cooperation in promoting and protecting human rights in bilateral and international forums, according to a joint press release issued by the EU-Lao PDR Human Rights Dialogue.
Vientiane Times 

See here for more of today’s Lao Morning News

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Palm oil gains on stronger export data
Malaysian palm oil futures climbed in Tuesday evening’s trade to chart a second straight session of gains on the back of stronger export data.
— The Edge Markets

Cuckoo Electronics to build RM100m factory in Malaysia
South Korea’s home appliance maker, Cuckoo Electronics Co Ltd, plans to build a RM100 million factory in Malaysia to produce water purifier products.
— New Straits Times

Bank Negara issues credit transfer guide for banks, e-money issuers
Bank Negara Malaysia has issued the interoperable credit transfer framework (ICTF) to foster an efficient, competitive and innovative payment landscape in Malaysia.
— The Star Online

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Myanmar is worst-performing country for aid access
Myanmar tops a list of countries where the ability of aid groups to reach people in need has worsened in the past six months, the Geneva-based research group ACAPS has said.
The Daily Star 

Myanmar leader Aung San Suu Kyi can’t be the messiah we want her to be
The West has long had a messiah fantasy: a belief in the power of a charismatic individual to carry the hopes of his or her nation.
ABC 

‘We have no intention of hiding anything’: Myanmar rebuilding in Maungdaw, Rahkine state
“We want to live peacefully like other communities in Myanmar. We don’t need to be discriminated (against),” 51-year-old Dil Mohammed shouted from across barbed wire fencing in the “no man’s land” area between Myanmar and Bangladesh.
Channel NewsAsia

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Maiden ‘panda’ offer oversubscribed
THE GOVERNMENT raised 1.46 billion renminbi (RMB) on Tuesday from its maiden “panda” bond sale amid “overwhelming demand” from both offshore and onshore investors, the Investor Relations Office (IRO) announced in a press statement on Tuesday.
— BusinessWorld Online

Signing for $500M Boracay casino license to push through despite possible 1-year closure
The provisional license for the construction of Macau-based Galaxy Entertainment Group Ltd. and Filipino partner Leisure and Resorts World Corp.’s $500 million casino-resort project in Boracay will be signed today, the Philippine Amusement and Gaming Corp. (Pagcor) chief said.
— Malaya

Philippines sees gross gaming revenue rising 9.4% to $3.57bn in 2018
The Philippines expects gross gaming revenue to grow 9.4% to 186 billion pesos ($3.57 billion) this year, with online casinos playing a key role in the expansion, the chief of the country’s industry regulator said on Tuesday.
— Nikkei Asian Review

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Singapore again named Asia’s most liveable city, ranks 25th in the world
Singapore has come in 25th globally and retained its position as the Asian city with the highest quality of living, according to human resources consulting firm Mercer’s 20th annual Quality of Living survey.
The Straits Times (paywall)

Singapore denies acquisition of new Leopard tank variant
Singapore is denying it took delivery of Leopard 2A7 main battle tanks from Germany, contradicting a report by a Swedish nongovernmental organization.
Defense News 

Carbon tax bill passed amid concerns over its impact on competitiveness
The Carbon Pricing Bill sets out a framework for implementing the carbon tax, including the measurement, reporting and verification requirements. The carbon tax will be introduced from 2019 on large direct emitters of greenhouse gases such as power stations, and is expected to affect between 30 and 40 emitters currently operating in Singapore.
Channel NewsAsia (video)

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

PACC finds signs of corruption of impoverishment aid fund in 49 provinces
The Public Sector Anti-Corruption Commission (PACC) has found evidence of corruption in the disbursement of funds earmarked for the aid of the impoverished in 49 provinces so far, with the Ministry of Social Development and Human Security now discussing adjusting the payout system for tighter security.
— NNT

Immediate vaccination required for those exposed to rabies-infected animals
Persons who may have had physical contacts with rabies-infected animals were advised to immediately seek medical treatments and vaccination to prevent infection in time, while people were encouraged to take good care of their pets.
— NNT

Regime under fire as it rains cash on villagers
The Prayut Chan-o-cha government plans to inject 30 billion baht into more than 82,000 villages nationwide amid criticism it is aiming to score political points ahead of the general election that is expected next February.
— Bangkok Post

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

PM approves strategy for developing mechanical engineering industry
Vietnam’s mechanical engineering industry strives to apply cutting-edge technology, produce high-quality products up to international standards, and further participate in the global value chain by2035.
— Nhan Dan Online

Petrolimex Aviation recognised as Vietnamese top brand
The Petrolimex Aviation Fuel JSC has been named among top Vietnamese brands as part of an award held by the Ministry of Industry and Trade in response to the “Vietnamese people prioritise Vietnamese goods” campaign.
— VietnamPlus

Vietnamese rubber firms’ contribution to Cambodia appreciated
The governor of the Cambodian province of Kampong Thom appreciated Vietnamese rubber companies’ contributions to local socio-economic development while visiting them on March 19.
— VietnamPlu

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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