Asean morning news for October 22

Asean morning news for October 22

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

U.S., China Agree to Asia Defense Rules to Avoid Air Crashes
The non-binding guidelines had been formally adopted a day earlier by defense ministers from ASEAN’s 10 member nations.
— Bloomberg

Don’t mention the US-China trade war: Asia and Asean are pressing ahead with their own deals
The 16 member countries – Australia, Brunei, Cambodia, China, India, Indonesia, Japan, Laos, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Thailand, and Vietnam – are meeting next week in New Zealand.
— South China Morning Post

Asean centrality key to maintaining South China Sea stability
The 51st Asean Foreign Ministers’ Meeting (AMM) and related meetings held in Singapore from July 30 to August 4 were hailed as a success. Most notably, there were no delays in the issuance of a joint communique, which had previously been delayed because of seemingly intractable issues such as the South China Sea dispute.
— AEC News Today

RoK earns 680 million USD from farm exports to ASEAN in H1
The Republic of Korea’s agricultural exports to the 10-member Association of Southeast Asian Nations (ASEAN) topped 680 million USD in the first half of this year, making the bloc the biggest importer of RoK farm produce, according to the Yonhap news agency.
— Vietnam Plus

Asean eyes maritime drill with US
Mr Ng told a press conference after a meeting of Asean defence ministers in Singapore that the ministers have “agreed to conduct an Asean-US maritime exercise next year”.
— Bangkok Post

US, China and Russia join Asean in pledge to fight terror
Asean along with partners including the US, China and Russia yesterday pledged to strengthen regional cooperation in the fight against terrorism, with Singapore Defence Minister Ng Eng Hen saying that the devastating siege of Marawi last year must never be repeated.
— The Straits Times

Golden years: Malaysia tops best places in Asean in which to retire
Retirees looking to spend their twilight years in a safe, affordable and fantastic destination should consider Southeast Asia, according to a recent survey that gave locations in the Asean region 10 of the top 30 spots in its global ranking of best places to retire.
— AEC News Today

US and Chinese air forces urged to sign up to South China Sea guidelines after Asean states agree on code of conduct
Defence ministers from the Association of Southeast Asian Nations have agreed a set of guidelines for warplanes flying over the disputed South China Sea, and will invite China and the US to sign up to the same code of conduct.
— South China Morning Post

ASEAN Defense Ministers & partners pledge to forge regional development
Members of the Association of Southeast Asian Nations (ASEAN) and eight partner countries have voiced their readiness to boost trust in regional defense and development.
— NNT

Southeast Asia boosts fight against ‘real and present’ militant threat
Southeast Asian nations seeking to combat the threat of militancy have agreed to share intelligence, Singapore’s defense minister said Saturday, as he warned of a “real and present” danger to the region.
— Arab News

Commerce Min prepares Thailand for assumption of ASEAN chairmanship
As Thailand is set to take up the chairmanship of ASEAN next year, the Ministry of Commerce’s efforts are now geared towards preparing the country for the challenge.
— NNT

No venue yet for Asean-US naval exercise–DND
The 10-member Association of Southeast Asian Nations is yet to agree on where it will be holding the naval exercise with the US military as earlier agreed upon by regional defense officials through Singapore, which is this year’s host of the Asean.
— Business Mirror

Tokyo to invite Asean air force officers to watch Japan’s military training
Japan’s Defence Minister Takeshi Iwaya said on Saturday Tokyo will invite commissioned air force officers from every member state of the Association of Southeast Asian Nations to observe Air Self-Defence Force training.
— South China Morning Post

Capitalising on Southeast Asia’s diverse food
From the bizarre looking balut in the Philippines to the hearty bakso in Indonesia, Southeast Asia is a food haven, a gastronomical paradise unlike any other.
— The Asean Post

5th ASEAN Defense Ministers’ Meeting-Plus wraps up in Singapore
The 5th Association of Southeast Asian Nations (ASEAN) Defense Ministers’ Meeting (ADMM)-Plus wrapped up here Saturday, with Chinese State Councilor and Defense Minister Wei Fenghe being one of its participants.
— Xinhuanet

Cambodia morning newsCambodia morning news

Compiled by Sreypov Men          @MenSreypov

 

EuroCham Cambodia to EU: State your objectives
The European Chamber of Commerce in Cambodia (EuroCham) has again called on the European Commission to immediately “state its objectives” after the group threatened to strip Cambodia’s access to the Everything But Arms (EBA) trade pact.
— AEC News Today

Cambodia Strengthens Tourism Cooperation With Thailand, Vietnam
Cambodia will further strengthen its tourism sector cooperation with Thailand and Vietnam as the country seeks to attract ten million international tourists in 2025 and up to 15 million in 2030. These numbers should be reached from 5.6 million international tourists last year, which translated in earnings of $3.6 billion or 12 per cent of the country’s GDP.
— Investvine

Russia recategorizes Cambodian debt
Russia has agreed to recategorize the $1.5 billion Cambodian debt as an investment and pledged to provide aid to Cambodia next year.
— Khmer Times

See here for more of today’s Cambodia morning news

 

Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Indonesia’s foreign reserves hit two-year low
Indonesia’s foreign reserves have fallen to a level not seen for two years after the central bank’s repeated interventions in the currency market to defend the rupiah.
— Nikkei Asian Review (paywall)

Nations pledge more than US$15 million for C. Sulawesi, but Indonesia must rely on itself
After President Joko “Jokowi” Widodo declared that ‏Indonesia would accept foreign aid to reconstruct Central Sulawesi following a strong earthquake with a subsequent tsunami and soil liquefaction, a number of countries have pledged help.
— The Jakarta Post

China-backed dam in Indonesia rainforest to cut through home of world’s rarest orangutan
A billion-dollar hydroelectric dam development in Indonesia that threatens the habitat of the world’s rarest great ape has sparked fresh concerns about the impact of China’s globe-spanning infrastructure drive.
— South China Morning Post

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by           @Maria Rasonable

 

Asia, Europe should cement cooperation to narrow development gap: Laos
Asia and Europe should strengthen cooperation to narrow the development gap that remains wide, Laos has told the 12th Asia-Europe Meeting (Asem12) in Brussels, Belgium.
— Vientiane Times

Lao Workers Jailed For Criticizing Government Are Separated in Prison
Three Lao workers given long prison terms in April 2017 for criticizing their government while working in Thailand have been separated in prison, with one now sent to a separate facility in his hometown and the other two housed with other prisoners in the Lao capital, Lao sources say.
— Radio Free Asia

Govt: Collect full revenue, prioritise investment
The government has told the relevant ministries and sectors to strive to hit revenue targets despite projections indicating that collections may fall short.
— Vientiane Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men          @MenSreypov

 

Malaysia to be the second country in Southeast Asia to introduce the digital tax
The upcoming Budget 2019 slated to be announced on November 2, is exceptionally important to provide direction for the country. More importantly, in the direction and support on the growth of the digital sector in Malaysia.
— The Borneo Post

Petronas buys 10% stake in Oman’s Al Khazzan field
Malaysia’s Petroliam Nasional Berhad (Petronas) said on Sunday its subsidiary would buy a 10% stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned Oman Oil Company.
— FMT

Golden years: Malaysia tops best places in Asean in which to retire
Retirees looking to spend their twilight years in a safe, affordable and fantastic destination should consider Southeast Asia, according to a recent survey that gave locations in the Asean region 10 of the top 30 spots in its global ranking of best places to retire.
— AEC News Today

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by           @Maria Rasonable

 

8000 Rohingyas to return to Myanmar soon, FM tells ASEM Summit
Bangladesh’s Foreign Minister AH Mahmood Ali has expressed hope that the first batch of eight thousand Rohingya people would be able to return to their original villages in Rakhine State of Myanmar soon.
— The Nation

Nine Myanmar nationals killed in van inferno (video)
Nine Myanmar nationals were burned to death and six others injured after their van hit a roadside tree and burst into flames in Kamphaeng Phet province on Sunday.
— Bangkok Post

President gives directive to Yangon Region Government regarding Eleven Media case
State Counsellor Office Director-General Zaw Htay said that the President had given a directive to Yangon Region government regarding the prosecution of Eleven Media journalists.
— BNI

See here for more of today’s Myanmar morning news

 

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Anti-inflation measures to stoke budget, trade deficits
Banking giant HSBC believes that government efforts to address above-target inflation will lead to wider budget and current account deficits.
— The Manila Times

Economists raise PH inflation forecasts up to 2020
Private sector economists polled by the central bank raised their inflation estimates for 2018 until 2020 due to continued elevated inflation expectations, but most were optimistic of easing price pressures if government will not delay anti-inflation measures.
— Manila Bulletin

Manila ranks second among 100 ‘super cities’
Manila has regained the second spot among the world’s top 100 ‘super cities’ for the outsourcing industry which is now being transformed by digital services.
— Manilastandard.net

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by           @Maria Rasonable

 

Look up! Flying taxis to be tested in Singapore skies mid-2019
SINGAPORE – The Jetsons zoomed around in flying cars in a cartoon series which featured life in 2062.
But those in Singapore may not have to wait that long to see one up close with German aviation start-up Volocopter announcing it will perform a series of urban flight tests of its air taxis in the Republic in the second half of 2019.
— Asia One

European Union, Singapore Sign Free-Trade and Investment Pacts
The European Union and Singapore signed free-trade and investment protection agreements in Brussels on Friday in a bid to improve bilateral business ties amid rising global trade conflicts.
— Bloomberg

SGD will fare around $1.35 against USD in 2018: Fitch Solutions
The Singapore dollar will remain ‘range-bound’ against the USD in the near-term despite headwinds from global trade developments as the Monetary Authority of Singapore (MAS) pushed to modestly appreciate the SGD nominal effective exchange rate, Fitch Solutions said.
— Singapore Business Review

See here for more of today’s Singapore morning news

 

Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ

 

8% export growth target set for 2019
AMID the escalating US-China trade war, Thai Deputy Prime Minister Somkid Jatusripitak said an export growth target of 8 per cent has been set for next year, while Commerce Minister Sontirat Sontijirawong said Thailand plans to produce for export products affected by the trade spat.
— The Nation

Thailand immigrant crackdown eyes ‘dark-skinned people’
Allegedly aimed at busting visa abusers and illegal migrants, a Thai police operation called “X-Ray Outlaw Foreigner” has raised questions about racial profiling and fears for asylum-seekers caught in its web.
— The Straits Times

Switched on: Top electric power conference heads to Thailand
The Power and Energy Society (PES), which bills itself as the the world’s largest forum for the electric power industry, is literally counting the days, hours, minutes and seconds before its Grand International Conference and Exposition is held for the first time outside of the United States.
— AEC News Today

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men          @MenSreypov

 

Vietnam’s nation brand valued at US$235 billion, among 100 most valuable
Vietnam is ranked 43th in the list of the top 100 most valuable nation brands in 2018 at US$235 billion, up 16% year-on-year or US$32 billion, according to the latest report released by Brand Finance.
— The Hanoi Times

VN to import 300,000 tonnes of raw cashew
Viet Nam will need to import more than 300,000 tonnes of raw cashew nuts in the remaining months of the year for processing to meet the demand of importers, according to processing companies.
— Bizhub

Commission presents EU-Vietnam trade and investment agreements for signature and conclusion
The European Commission today adopted the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion. Through this adoption, the Commission is demonstrating its commitment to putting these agreements in place as soon as possible.
— AEC News Today/ PR Newswire (media release)

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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