Asean Morning News For May 22

Asean Morning News For May 22

Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

Asean at inflexion point, says Chan Chun Sing
Asean is at an inflexion point, as the open and rules-based multilateral trading system, regional integration and economic cooperation come under mounting pressure, Minister for Trade and Industry Chan Chun Sing said yesterday.
The Straits Times 

Can America meet the China challenge in Southeast Asia?
The strategic sands are shifting in Southeast Asia, as China makes multiple moves while the United States seems on its back foot.
East Asia Forum

South China Sea: What China’s First Strategic Bomber Landing on Woody Island Means
Expect these bombers to come to one of China’s three airstrip-equipped Spratly artificial islands soon.
The Diplomat (paywall)

Room to boost India-CLMV trade
India’s trade relations with Cambodia, Laos, Myanmar and Việt Nam (CLMV) have immense potential to flourish, said Deputy Minister of Industry and Trade Cao Quốc Hưng.
Viet Nam News

Strong prospects in Asean, but firms face hurdles to regional expansion: survey
COMPANIES are keen to tap the growth prospects in Asean, but find it tough to overcome regulatory barriers, identify suitable business partners and hire the right talent to support growth, a new survey has found.
The Business Times 

Southeast Asia is getting ‘smart’ with urbanisation
APART FROM BEING a tourist hub, Phuket – in southern Thailand – is a classic example of the opportunities – and challenges – that come with the rapid urbanisation that is taking Southeast Asian economies by storm.
The Nation 

Southeast Asia’s race to combat growing cancer crisis
Cancer claimed an estimated 1.2 million lives in Southeast Asia in 2012, making it the region’s number one killer.
Southeast Asia Globe 

Why Google supports a strong Asean Community
CK LIM knows how important it is for a small business to have a global presence. His company, Ascent Solutions, specialises in cargo security – keeping goods safe as they are shipped across the world.
The Business Times

Better aviation infrastructure seen as key to Asean growth
Economic growth in Asean countries can be acceleratedif more is done to improve their infrastructure in the region, especially in aviation, said Mr Liew Mun Leong, chairman of both Changi Airport Group and Surbana Jurong.
The Straits Times 

Time to declare South China Sea a zone of peace
ASEAN member states have been pursuing a strategy based largely on soft balancing and diplomatic engagement towards China for over three decades.
— New Straits Times

Markets that matter most to ASEAN’s growth: Financial services
Over the past decade, the financial services sector in Southeast Asia has seen growth that is nothing short of impressive.
— The Asean Post

Mitigating natural disasters in ASEAN
The Association of Southeast Asian Nations (ASEAN) is many things – a group of countries with a lucrative market waiting to be tapped, home to a large and young population and at the precipice of economic greatness as it seeks to capitalise on a rather bullish global economic outlook.
— The Asean Post

ASEAN leaders deliver on tech
Delegates at the recent ASEAN-Australia Business Summit 2018 have reported on how Australia can better engage with its $2.7 trillion trading partner.
— InnovationAus.com

Media role in ASEAN community-building stressed
THE Deputy Secretary-General of ASEAN for Community and Corporate Affairs, AKP Mochtan stressed the media’s important role in the ASEAN community-building process.
— Borneo Bulletin

Power firm eyes Indonesia, Myanmar
Aboitiz Power Corp. is keen on expanding outside the Philippines as it eyes large hydro projects in Indonesia and Myanmar.
— Malaya

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov

 

No Coercion: Phnom Penh Post Sale One Year in The Works (HD Video)
If any thoughts remained as to whether the sale of Cambodia publishing company Post Media, publisher of The Phnom Penh Post, was the result of a politically motivated artificial tax bill they were put to rest last Friday (May 18) when the company’s new management team fronted a media conference in Phnom Penh.
— AEC News Today (video)

Heated Exchanges as New Phnom Penh Post Boss Meets the Press (HD video)
The sale of any newspaper is always a contentious issue and none more so than in places where personal freedoms are under attack and democratic space is seen as contracting.
— AEC News Today (video)

The Funding Partners Invests in PPCC
Cambodia’s Phnom Penh City Center (PPCC), also known as the Pearl of Cambodia, is a mixed-use project that includes the capital’s first and only Central Business District.
— Digital Journal

See here for more of today’s Cambodia Morning News

 

Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

BRI Prepares Rp28tn Cash for Eid
State-owned lender Bank Rakyat Indonesia (BRI) is increasing their cash reserves throughout Ramadan and Eid. The bank has some Rp28 trillion in cash ready to circulate
— Tempo.co

Indonesia picks team for $3bn Javan port
Indonesia’s transport ministry yesterday named the three Japanese and two Indonesian companies that are to start building a new, Japanese-funded port on the northwest coast of Java, about 150km east of Jakarta.
— GCR

Why Singapore Hospitals are Attractive for Indonesian Patients?
Indonesians spent approximately Rp 100 trillion per year for medical treatment overseas.
— Global Indonesian Voices

See here for more of today’s Indonesia Morning News

 

Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Govt piloting single-window customs clearance for vehicles
The government is piloting the Lao National Single Window (LNSW) scheme at international border crossings, seeking to speed up customs clearance for vehicles and link the country to the Asean single window system.
Vientiane Times 

Rural health workers set up online network to monitor progress
Health workers in Feuang district, Vientiane province, are turning to social media to help them in their daily work.
Vientiane Times 

Laos banking on tourism to boost its economy | Video
Banking on tourism to boost its economy, Laos has declared 2018 as the year to “visit Laos”. The move comes on the back of the country’s bid to apply for World Heritage Site status at two of its tourist attractions. Leong Wai Kit with the story.
Channel NewsAsia (video)

See here for more of today’s Lao Morning News

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov

 

Malaysia PM Mahathir’s Cabinet: Who are the ministers
Malaysia’s 13 Cabinet ministers were sworn in on Monday (May 21), making up half of the 25-member team that Prime Minister Mahathir Mohamad has envisioned.
— The Straits Times

Many promises, little time: Dr M races against the clock
With Anwar Ibrahim freed from jail and lurking in the wings, Dr Mahathir Mohamad has a lot to get done before he potentially hands over the reins in a year or two.
— Free Malaysia Today

Malaysia in suspense ahead of Najib’s visit to MACC
Amid mounting suspense in Malaysia, former leader Datuk Seri Najib Razak (pic) is expected to give a statement to an anti-graft agency on Tuesday explaining what he knew about $10.6mil (RM42mil) transferred into his bank account from a unit of a state fund he founded.
— The Star Online

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat

 

Mekong rethinks drug policy as syndicates pump meth from Myanmar
The production of synthetic drugs in the Mekong Region – and Myanmar in particular – has reached “alarming levels”, the United Nations said today as regional anti-drug authorities meet to negotiate a new strategy.
Frontier Myanmar 

MPs push for Myanmar regime to face international criminal court
The UK must support efforts to refer Myanmar’s regime to the international criminal court over evidence of state-sanctioned ethnic cleansing of Rohingya people and human rights abuses, according to MPs on the international development select committee.
The Guardian 

Myanmar judge to rule on evidence allegedly taken from Reuters reporters’ phones
A Myanmar judge will rule on Tuesday whether to allow the submission of evidence police say they obtained from the mobile phones of two Reuters reporters arrested in December for alleged possession of secret documents.
Reuters 

See here for more of today’s Myanmar Morning News

 

Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu

 

The key to 1.5 million Chinese tourists’ wallets? Scan-to-pay
Filipino businessmen are cashing in on the projected 1.5 million Chinese tourist arrivals this year by allowing them to shop with their smartphones, eliminating tedious trips to money changers.
— ABS-CBN

$100-M fintech hub to rise in Cagayan
A $100-million facility that will house foreign financial technology companies will open at the Cagayan Economic Zone Authority (CEZA) in 2 years’ time, the head of the agency said on Monday.
— ABS-CBN (video)

Philippines ‘concerned’ as China lands bombers on disputed reefs
The Philippines has expressed “serious concern” after Chinese strategic bombers landed on islands and reefs in disputed areas of the South China Sea, and promised “appropriate diplomatic action”.
— The Irish Times

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat

 

Singapore adopts PEPPOL Standard to launch nationwide e-invoicing framework
On 21 May, it was announced that Singapore will be implementing the Pan-European Public Procurement On-Line (PEPPOL) e-invoicing standard. This move makes Singapore’s Infocomm Media Development Authority (IMDA) the first national PEPPOL authority outside of Europe and the first National Authority in Asia to adopt the standard.
Open Gov Asia

Chan Chun Sing calls on ASEAN to deepen economic integration | Video
Trade and Industry Minister Chan Chun Sing called on ASEAN to deepen economic integration so that the world sees the bloc as a single market.
Channel News Asia (video)

Why Singapore remains a role model for managing national savings
RECENT news about Middle Eastern governments redesigning the institutional architecture of their sovereign wealth funds (SWFs) has prompted much debate about best practices in sovereign asset management.
The Business Times 

See here for more of today’s Singapore Morning News

 

Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ

 

Growth view up to 4.2-4.7%
Following a robust first-quarter performance, the National Economic and Social Development Board (NESDB) on Monday raised its economic growth forecast to 4.2-4.7% this year from 3.6-4.6% in February.
— Bangkok Post

Thai police declare no-go zones for anti-junta march
Thai police declared Bangkok’s Government House and surrounding streets a no-go zone for Tuesday’s planned opposition march marking four years since a May 22, 2014, coup, warning protesters not to defy a junta ban on public gatherings.
— Reuters

Ninth rabies casualty reported
Thailand’s Department of Disease Control (DDC) has received reports of a ninth rabies casualty despite ongoing efforts to stem the disease.
— NNT

See here for more of today’s Thailand Morning News

 

Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov

 

Vietnam says Chinese bombers in disputed South China Sea increase tensions
Recent activity by China’s strategic bombers in the South China Sea’s Paracel Islands seriously violated Vietnam’s sovereignty over the disputed territory, Vietnam’s foreign ministry said on Monday.
— Business Insider

State to exit PetroVietnam tourism service arm in share auction
The Vietnamese government is targeting to raise VND80 billion ($3.52 million) by divesting the tourism service arm of state-owned energy giant — PetroVietnam.
— DealStreetAsia

U.S. slaps heavy duties on Chinese steel shipped from Vietnam
The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders.
— Reuters

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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