Asean morning news for October 3

Asean morning news for October 3

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Asean raps Myanmar for Rohingya ‘disaster’
Foreign ministers from the Association of Southeast Asian Nations have urged Myanmar to hold all those responsible for atrocities in Rakhine State fully accountable, Singapore’s foreign minister said Tuesday.
— Bangkok Post

Commentary: Asia’s rising demand for arms will boost China and US defence markets
The Stockholm International Peace Research Institute (SIPRI) recently released its data on the global arms trade for 2017, and it is big news for Asia as a whole, and for China and the United States in particular.
— Channel NewsAsia

A sustainable transportation policy for ASEAN
Southeast Asia’s roads are home to over 20 million cars. This number is expected to rise to 62 million by 2040 according to the International Energy Agency (IEA). At the same time, new high-speed rail systems are being built all over the region, resulting in the recent infrastructure boom.
— The Asean Post

Asean ready to help Myanmar with safe return of Rohingya refugees: Vivian Balakrishnan
The next “key milestone” that Asean wants to see in the ongoing Rohingya crisis is the repatriation of refugees to Myanmar, said Foreign Minister Vivian Balakrishnan.
— The Straits Times

Powering a Bright Future for ASEAN
The ASEAN region is undergoing a phase of sustained economic growth and human development, notwithstanding the current trade wars and currency fluctuation. Urbanization and industrialization will lead to greater per capita material consumption of all types, including energy.
— Brink Asia

Thailand eyes 20% rise in exports to Asean after robust 8-month growth
Thailand intends to increase exports to Asean markets by 20 percent this year, Commerce Minister Sontirat Sontijirawong said on Monday.
— Inquirer.net

More ASEAN companies mulling TWSE listings
More companies from ASEAN nations are considering going public in Taiwan, the Taiwan Stock Exchange Corp (TWSE, 台灣證交所) said yesterday after a visit by a delegation of 18 Vietnamese firms.
— Taipei Times

ASEAN lecture marks 10-year anniversary for Curtin Singapore
The Australian Ambassador to the ASEAN, Ms Jane Duke, has delivered the inaugural Association of Southeast Asian Nations Lecture to mark the 10th anniversary of Curtin Singapore.
— Mirage News

Cambodia morning newsCambodia morning news

Compiled by Sreypov Men @MenSreypov

 

Hun Sen Claims Returns to Cambodia Triumphant After Firebrand Speech to UN
Writing on his Facebook page, Hun Sen said: “I would like to tell my compatriots about my mission with a brief statement: success!”
— VOA Cambodia

Cambodia economy to grow 7.25 pct this year, says IMF
Cambodia’s economic growth should stay at 7.25 percent this year and 7 percent next year, the International Monetary Fund (IMF) said on Tuesday.
— Reuters

Smart Axiata invests $1.5m in building tomorrow’s digital leaders
The Ministry of Education, Youth and Sport (MoEYS) together with the Ministry of Posts and Telecommunications (MPTC) yesterday signed a memorandum of understanding with Smart Axiata to develop future talents and digital corporate leaders over the next three years.
— Khmer Times

See here for more of today’s Cambodia morning news

 

Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Rupiah at Its Weakest Level Since 1998; Economy ‘Adjusting Well’: Finance Minister
The rupiah fell to its weakest in more than 20 years on Tuesday (02/10) and other emerging Asian currencies also slid as the dollar held its overnight gains rooted in the striking of a revised North American trade pact.
— Jakarta Globe

Death toll from Indonesia’s quake, tsunami up to 1,234: disaster agency
The confirmed death toll from an earthquake and tsunami on Indonesia’s Sulawesi island has risen to 1,234, from 844, the national disaster mitigation agency said on Tuesday.
— Thai PBS World

Indonesia rejects US military aid for Palu quake victims
Indonesia has rejected US military personnel and hospital ship aid during emergency response period in the earthquake and tsunami-devastated province of Central Sulawesi on the ground as the country has adequate capacity, Vice President Jusuf Kalla said.
— Antara News

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by John Le Fevre @photo_journ

 

Improved Business Environment To Support Sustainable Growth In Lao PDR
Lao firms and households are expected to benefit from a new US$13-million project, approved on Sep 27, 2018 by the World Bank’s Board of Executive Directors, which will promote reforms to the business environment, for instance reducing the number of days needed to start a business.
— KPL

Construction materials inspection centre first approved via Chinese cooperation
An agreement to build the new centre was signed on Friday in Vientiane between Director General of the Department of Standardisation and Metrology under the Ministry of Sciences and Technology, Mr Viengthong Vongthavilay and Vice General Manager of the China Yunnan Provincial Overseas Investment Co., Ltd, Mr Liu Hu.
— Vientiane Times

Mekong cross-border planning, management boosted as Commission secures German funding
The government of Germany has committed EUR4 million (approximately US$4.6 million) to the Mekong River Commission (MRC) to strengthen Mekong cross-border water cooperation, according to the MRC.
— Vientiane Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men @MenSreypov

 

Malaysia to develop 30 new aerospace manufacturing SMEs by 2020
The government targets to develop 30 new manufacturing small and medium enterprise (SME) players in the aerospace sector by 2020, in addition to the current 20 companies.
— The Star Online

CIMB introduces QR payment acceptance at terminals
CIMB Bank Bhd has introduced quick response (QR) payment acceptance at CIMB terminals, a first-in-the market QR payment acceptance to accept Six major mobile wallets on one terminal.
— New Straits Times

Ministry to introduce comprehensive property database
The Housing and Local Government Ministry (KPKT) is currently working on a comprehensive database to help first-time house buyers own a property.
— The Star Online

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Myanmar’s neighbours urge accountability for Rohingya violence
Southeast Asian foreign ministers have urged Myanmar to give a full mandate to an inquiry commission to hold accountable those responsible for the violence in Rakhine State, according to Singapore’s top diplomat.
— Aljazeera

Aung San Suu Kyi’s actions ‘regrettable’ but she will keep peace prize: Nobel chief
Some of the actions Aung San Suu Kyi has taken as Myanmar’s civilian leader are “regrettable” but her Nobel Peace Prize will not be withdrawn, the head of the Nobel Foundation told Reuters in an interview in Stockholm.
— Thai PBS World

Mandalay toughens campaign to get rid of illegal settlers
The Mandalay regional government has intensified its campaign against illegal settlers in the region, which many have blamed for a spike in crime during the past year.
— Myanmar Times

See here for more of today’s Myanmar morning news

 

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

WB releases 496 mln USD to help typhoon victims in Philippines
The World Bank (WB) has released 496.25 million U.S. dollars to support the Philippine government’s efforts to hasten recovery, rehabilitation, and reconstruction in areas battered by Typhoon Mangkhut last month, the bank announced on Tuesday.
— Xinhua

Philippines to miss its 7-8 pct GDP growth target this year – budget secretary
The Philippine budget secretary said on Tuesday the government would not be able to reach this year’s 7-8 percent economic growth target, due to stubbornly high inflation that’s denting consumption.
— Reuters/ Nasdaq

Philippines president fast tracks security of tenure bill
Philippine President Rodrigo Duterte has signed as urgent a bill that would provide security of tenure to the country’s millions of workers.
— HRM Asia

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by John Le Fevre @photo_journ

 

Singapore manufacturing growth dips in September after brief uptick in August
Singapore’s factory activity grew at a slower pace last month (September), with fewer new orders and new exports, in line with a similar trend across Asia and Europe, signalling the fallout from the trade conflict between the United States and China may be growing.
— The Straits Times

Singapore’s port authority has invested $19 million to date for LNG marine fuels
Singapore’s port authority has so far invested S$26 million ($19 million) into developing cleaner-burning liquefied natural gas (LNG) as a marine fuel at the city-state, the world’s largest marine refueling hub, an executive at the port authority said.
— Reuters

Singapore MP calls for surcharge on all single-use bags
Consumers should pay for single-use carrier bags made of all materials, not only plastic. But bags used to carry fresh produce should be exempted from any charge, Louis Ng said yesterday.
–Fresh Plaza

See here for more of today’s Singapore morning news

 

Thailand morning newsThailand morning news

Compiled by John Le Fevre @photo_journ

 

Private sector raises GDP growth forecast in Q4 to 4.4%
The Joint Standing Committee on Commerce, Industry and Banking has adjusted the Thai GDP growth forecast to higher than 4.4% for the remaining three months of this year due to the export sector’s growth as well as the government’s budget disbursement.
— NNT

Thailand to give Indonesia five million baht in relief aid
The Thai government will give Indonesia a sum of five million baht in initial relief aid in the wake of an earthquake and tsunami in that country.
— NNT

Thai economy insulated from global volatility despite rate hikes, trade war
THAILAND’S economy and banks should be able to weather heightening global risks from rising US interest rates, although escalating trade wars could pressure global growth next year, according to sovereign and banking analysts at Fitch Ratings’ annual Thai conference in Bangkok yesterday.
— The Nation

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men @MenSreypov

 

Vietnam ex-party chief behind harsh communist reforms dead at 101
Vietnam’s former Communist Party leader Do Muoi, a revolutionary who broke out of a French prison and later led the controversial push to dismantle private businesses after the Vietnam War, died late Monday (Oct 1) at age 101, officials said.
— Channel NewsAsia

Top 5 tips for doing business in Vietnam
With Vietnam’s economy expanding at an impressive rate, navigating its unique business culture is vital for potential investors hoping to enter this burgeoning market.
— World Finance

Vietnam launches agency to manage 19 biggest state-owned firms
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).
— Vietnam Insider

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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