Asean morning news for October 1

Asean morning news for October 1

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Southeast Asia Could Hit $5 Trillion Growth Mark: McKinsey’s Lin
Southeast Asia’s been home to almost half of the biggest growth drivers in the past half-century.
— Bloomberg

External balances of Asean-5 a mixed bag: QNB
Indonesia, Thailand, Malaysia, the Philippines and Vietnam – the countries refer to in aggregate as ‘Asean-5’ – are a mixed bag in terms of their current account positions.
— The Peninsula Qatar

US, ASEAN tackle China
THE UNITED STATES and the Association of Southeast Asian Nations (ASEAN) want international law to be followed, “not the unilateral actions by China,” in resolving the maritime disputes in the South China Sea, Deputy Secretary of State John J. Sullivan said.
— BusinessWorld Online

Malaysia and Cambodia offer two Asian narratives of change at UN
Two veteran Southeast Asian leaders appearing at the United Nations on Friday present a microcosm of a dynamic region enjoying rapid economic growth but struggling to fan away egregious human-rights problems that follow it like a bad smell.
— Business Mirror

Oil Is One More Headache For Emerging Asia’s Tightening Plans
Emerging Asia economies that were already under stress amid a Federal Reserve policy-tightening cycle, stronger dollar and global trade tensions are bracing once again for a resurgence in inflation pressures as oil and gas prices tick higher.
— Bloomberg

What will be gained from the Japan-Mekong Connectivity Initiative?
The Japan-Mekong Connectivity Initiative, started in 2016, is a multilateral development co-op consisting of the countries of the Greater Mekong Subregion (Cambodia, China, Laos, Myanmar, Thailand, and Vietnam), and Japan.
— Newsrep

CIMB now offers Asean-wide ‘Preferred’ privileges
CIMB Bank Bhd and CIMB Islamic Bank Bhd have expanded the privileges offered to its ‘Preferred’ affluent customer segment by going regional.
— The Edge Markets

Innovating education for Industry 4.0
Singapore’s Education Minister Ong Ye Kung recently revealed that the government there intends to bring in foreign talent in areas critical to Industry 4.0.
— The Asean Post

Philippines is worst Asean vehicle producer in July
The Philippines remained the worst performer in terms of vehicle production in Southeast Asia after being the only country to post a decline in output in the January to July period.
— The Philippine Star

Myanmar has to begin Rohingya repatriation soon, says ASEAN
Myanmar has to begin soon the repatriation of hundreds of thousands of Rohingyas who took shelter in Bangladesh, said the Association of South East Asian Nations (ASEAN).
— The Independent

Safety worries raised with Asean skies set to get more crowded
The number of flights in Asean skies could triple to more than 20,000 a day in 15 years, raising safety and security concerns at the United Nations.
— The Straits Times (paywall)

The future of ASEAN’s economic integration
Since its inception on the 8 August 1967, ASEAN has made tremendous strides in promoting peace and stability in the region.
— The Asean Post

Most natural disasters caused by man’s abuse of environment
Contrary to what most government agencies would like people to believe, natural disasters are not triggered by natural events alone. Most are initiated and aggravated by man’s abuse, overuse and mismanagement of natural resources.
— Business Mirror

Japan’s quality over quantity in the Mekong
Japan has revamped its strategy in the Mekong.
— Khmer Times

Digitalising Brunei
Brunei Vision 2035 (Wawasan Brunei 2035) is a developmental framework that was first formulated in 2004 by the country’s monarch, Sultan Hassanal Bolkiah.
— The Asean Post

Cambodia morning newsCambodia morning news

Compiled by Michael Johansen @mfjohansen47

 

Ministry bans poultry import from Malaysia, Vietnam and Cambodia
Following outbreak of bird flu in Malaysia, Vietnam and Cambodia, the Ministry of Agriculture and Fisheries has banned the import of poultry and poultry products from the three countries.
MENAFN

Malaysia and Cambodia offer two Asian narratives of change at UN
Two veteran Southeast Asian leaders appearing at the United Nations on Friday present a microcosm of a dynamic region enjoying rapid economic growth but struggling to fan away egregious human-rights problems that follow it like a bad smell.
Business Mirror/ AP

PM Hun Sen Meets Cambodian Communities in the U.S. and Canada
Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia, held a get-together with Cambodian communities living in the U.S. and Canada, during his stay in New York on Sept. 29 (time in New York) for the 73rd Session of the UN General Assembly.
Agence Kampuchea Presse

See here for more of today’s Cambodia morning news

 

Indonesia morning newsIndonesia morning news

Compiled by Michael Johansen @mfjohansen47

 

Mass burials to begin as Indonesia quake-tsunami toll tops 800
The death toll from Indonesia’s quake and tsunami disaster nearly doubled to 832 on Sunday (Sep 30) and was expected to rise further, prompting authorities to announce mass burials in a desperate attempt to stave off disease.
Channel NewsAsia

Indonesia salutes air traffic controller who gave his life for others
An air traffic controller is being hailed as a hero following a devastating earthquake and tsunami in Indonesia that killed hundreds of people.
– CNN

Pacific leaders call out Indonesia at UN over West Papua
Three Pacific leaders have called out Indonesia at the UN for their human rights abuses in West Papua.
– Radio New Zealand

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Regional, global solidarity indispensable to achieve sustainable development, says Lao PDR minister
Addressing world leaders at the Assembly’s general debate, Saleumxay Kommasith added that priority must be accorded to least developed and land-locked developing countries given their added vulnerabilities. There countries were also at an added disadvantage due to the impact of climate change, which hit them hard.
— UN News

Laos’ economic growth rate revised to 6.6%, floods dampen prospects
Anyone who has been flicking on screens to news of floods in Laos, extreme weather-related disasters in the region and trade frictions beyond will not be surprised to hear that such developments have subdued economic growth somewhat.
— Laotian Times

Govt orders action to prevent unapproved flood recovery projects
The government has told ministries and provinces to take action to prevent unapproved projects from being carried as part of flood recovery efforts.
— Vientiane Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men @MenSreypov

 

Malaysia Hopes To Welcome 30 Million Tourists By 2020
Malaysia’s Ministry of Tourism, Arts and Culture is targeting 30 million tourist arrivals in Malaysia by 2020, state news agency Bernama reported.
— Investvine

Slow net speed will hit Malaysia’s e-commerce badly, warns economist
Malaysia needs to pay more attention to developing its fixed-line broadband to meet future needs instead of just mobile broadband, a World Bank economist said.
— FMT

No talks yet on CCCC taking over MRL
Malaysia Rail Link Sdn Bhd (MRL) has yet to hold talks about the future of the East Coast Railways (ECRL) project with its main contractor, China Communications Construction Ltd (CCCC).
— New Straits Times

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Pope presents US$100,000 for Rakhine State
Union Minister for Religious Affairs and Culture Thura U Aung Ko transferred the cash donated by His Holiness Pope Francis to Rakhine State government yesterday.
— Global Newlight of Myanmar

Myanmar ‘resolutely rejects’ ICC ruling on Rakhine; voices ‘serious concerns’ over UN human rights report
“The ICC decision was made on dubious legal grounds and applied to a situation where domestic remedies have not yet been exhausted,” said Kyaw Tint Swe, Union Minister for the Office of the State Counsellor, Daw Aung San Suu Kyi.
— AEC News Today/ PR Newswire

“Debt trap” alert arises in Myanmar as more “Belt and Road” projects scrapped
Pakistan has recently halted agreements reached under China’s Belt and Road Initiative, including the Pakistan-China Economic Corridor seeking to connect Asia and Europe along the same route as the ancient Silk Road, because it was found to unfairly benefit Chinese companies.
— Thai PBS World

See here for more of today’s Myanmar morning news

 

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Inflation seen rising further in September
The onslaught of Typhoon “Ompong” (international name: Mangkhut), which hit the country’s vegetable basket and pushed up prices, has jacked up inflation to a fresh high in more than nine years in September, economists said.
— Philippine Daily Inquirer

Rice tariff law to be enacted by year-end, PHL tells WTO
MANILA has assured once more the World Trade Organization (WTO) that it maintains to pass its rice tariff law before the year ends, the BusinessMirror learned.
— Business Mirror

Foreign currency loans slip 4.2% in Q2
Foreign currency loans extended by Philippine banks declined by 4.22 percent as borrowers opted to prepay more of their financial obligations, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.
— The Philippine Star

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Michael Johansen @mfjohansen47

 

Full opening of electricity market in Singapore to fire up competition: What will retailers do?
Electricity retailers will likely try to outdo each other based on price and other promotions but in the long run, differentiation by service and innovation will be key, experts say.
Channel NewsAsia

Singapore’s IIX leads $1.66m Series A in Bangladesh solar energy firm SOLShare
Singapore-based IIX Growth Fund has anchored a $1.66-million Series A round in SOLshare, a Bangladeshi off-grid solar energy firm that seeks to increase clean energy for over 19,000 households in the country.
Dealstreet Asia

Singapore investors lining up projects for PD, says Anwar
Anwar Ibrahim promised to develop Port Dickson, alluding to investment from Singapore, in the first full day of campaigning for the seaside parliamentary seat today.
The Malaysian Insight

See here for more of today’s Singapore morning news

 

Thailand morning newsThailand morning news

Compiled by John Le Fevre @photo_journ

 

AOT asked to reconsider Suvarnabhumi Airport expansion plan
he Council of Engineers of Thailand has called on the Airports of Thailand Public Company Limited (AOT) to rethink its Suvarnabhumi Airport expansion plan.
— Pattaya Mail/ NNT

Four ministers from Thailand’s military government launch new party ahead of polls
Four ministers from Thailand’s military government launched a new political party on Saturday, amid speculation they will back Prime Minister Prayuth Chan-ocha to remain in power beyond a general election promised by May.
— Reuters

Poll shows over 60 % doubt they will have good MPs after election
More than 60 percent of respondents in an opinion poll are not confident that the upcoming election will produce good members of the parliament while 73.6 percent want politicians who are concerned about the well-being of the people to get elected and form the next government.
— Thai PBS World

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men @MenSreypov

 

Vietnam launches agency to boost performance at state companies
Vietnam has launched a ministry-level government agency aimed at boosting the performance of some of the Communist nation’s biggest state-owned enterprises (SOEs).
— Reuters

Vietnamese sugar mills struggle to compete
Low consumption, high inventory and continuously plunging prices mean tough times for domestic sugar mills, said chairman of the Vietnam Sugarcane and Sugar Association (VSSA) Pham Quoc Doanh.
— VietnamNet Bridge

Property sector calls for rethink on bank loans
The new restriction on banks of using only 40 per cent of their short-term deposits for long and medium-term loans should not take effect next year, the HCM City Real Estate Association has said.
— Bizhub

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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