Asean morning news for September 4

Asean morning news for September 4
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Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Asean GDP could soar by US$1 trillion as SMEs go digital
Getting more of South-east Asia’s small businesses into the digital economy could significantly raise the region’s gross domestic product (GDP), an industry study has found.
— The Straits Times

ASEAN manufacturing PMI picks up growth in August
ASEAN has seen some momentum in manufacturing growth in August, due to faster rises in both output and new orders, according to a survey.
— Nikkei Asian Review

Malaysia mulls soda tax already imposed by other Asean countries
As Malaysia continues to toy with the old idea of having a soda tax, other neighbours in the Southeast Asia region have gone ahead with it to encourage a healthier lifestyle.
— Malay Mail

Asia’s rising appetite for meat, seafood will ‘strain environment’
Asia’s growing appetite for meat and seafood over the next three decades will cause huge increases in greenhouse gas emissions and antibiotics used in foods, researchers said on Tuesday.
— Reuters

AI could be a silver bullet for healthcare in ASEAN
One of the most exciting promises of artificial intelligence (AI) is its potential to democratize healthcare around the world.
— The European Sting

Vietnam international arrivals rise fastest in Southeast Asia
Vietnam saw the fastest growth in tourist arrivals in Southeast Asia last year, according to the World Tourism Organization.
— VnExpress International

Tourism Australia kicks off campaign to debunk stereotypes in Southeast Asia
Tourism Australia has launched a $10m campaign in South and South East Asia to debunk stereotypes of what Australia has to offer and challenge common misconceptions.
— Mumbrella Asia

Southeast Asia Food Processing Equipment Market Worth USD 1,152.0 Million by 2023
According to the latest publication from Meticulous Research®, the Southeast Asia food processing equipment market is expected to grow at a CAGR of 4.7% from 2018 to reach USD 1,152.0 million by 2023.
— openPR (media release)

Southeast Asian sex workers are abusing Taiwan’s visa-free scheme
The visa-free treatment was expected to continue for another year from Aug 1, 2018, through July 31, 2019, pending further extension in the future after a review of the results.
— Asian Correspondent

Red Ready boosts disaster preparedness and response in Asia Pacific
A new initiative announced on 1 September 2018 will boost the local disaster preparedness and response capacity of nine national Red Cross and Red Crescent societies in Asia Pacific.
— ReliefWeb

Here are four ways ASEAN can help entrepreneurs thrive – especially women
ASEAN is leaving prosperity on the table. There is a stubborn gap in women’s labour force participation that threatens to derail wealth creation and squander its demographic dividend – the potential for economic progress driven by ASEAN’s population growth.
— The European Sting

Southeast Asia Oceania IGBT Market Checkout the Unexpected Future of 2023
Market Insights Reports has just published a comprehensive analysis of Southeast Asia Oceania IGBT Market.
— Trade Reporter

Cambodia morning newsCambodia morning news

Compiled by Michael Johansen @mfjohansen47

 

Cambodian government critic flees after receiving threats
A Cambodian political analyst said on Monday he has fled the country after receiving threats since his release from a 1-1/2 year sentence for accusing Prime Minister Hun Sen’s party of orchestrating the 2016 murder of government critic Kem Ley.
Reuters

Prime Minister says lazy officials will be terminated
With a new government set to be formed on Thursday, Prime Minister Hun Sen yesterday warned that lazy ministers would lose their positions if they continued to not do their jobs.
Khmer Times

Chinese Company to Invest $1.2B in Building “Tourist Vacation City”
Chinese company Union Development Group Co., Ltd. planned to invest $1,200 million in the construction of “Tourist Vacation City” projects in early 2019 in Koh Kong province.
Fresh News

See here for more of today’s Cambodia morning news

 

Indonesia morning newsIndonesia morning news

Compiled by Michael Johansen @mfjohansen47

 

Indonesian steel products get tariff exemption from US
The United States has made the decision to exempt 19 Indonesian steel products, namely carbon and alloy and stainless steels, from its 25 percent tariffs, Trade Minister Enggartiasto Lukita has said.
The Jakarta Post

Densus 88 Kills Two Terror Suspects Allegedly Involved in Attack on Traffic Police
Densus 88, the National Police’s elite counterterrorism unit, has shot and killed two men believed to be responsible for an attack on two traffic police officers on the Cikampek-Palimanan Toll Road in Cirebon, West Java, last month.
The Jakarta Globe

IOC President: Indonesia Has Opportunity to Host 2032 Olympics
President of the International Olympic Committee (IOC), Thomas Bach in Jakarta, Sunday (9/2/2018), stated that Indonesia has a good position and opportunity to hold the grand Olympic sports party.
Netral News

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

Malaysia Donates US$ 100,000 To Aid Flood Victims In Laos
Malaysian Ambassador to the Lao PDR Mr. Mohd Aini Atan met with Minister of Labour and Social Welfare Dr. Khampheng Saysompheng to inform the minister that the Malaysian government has provided USD100,000 as relief aid for flood victims in Laos.
— Lao News Agency

Illegal trafficking of baby elephants to China and Dubai for tourism must be stopped, say activists
An investigator has called on the international body that polices trade in wildlife to crack down on the illegal trafficking of young elephants across borders in south-east Asia.
— Independent

Laos Central Bank Warns Public Against Cryptocurrency Trading
Laos’ central bank has published a notice cautioning the public against cryptocurrency trading and their usage in payments.
— CCN

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men @MenSreypov

 

Kuala Lumpur-Singapore High-Speed Railway Postponed For Two Years
Malaysia and Singapore agreed to postpone the development of a high-speed rail service between the two countries by two years, Malaysian business weekly The Edge reported on September 1.
— Investvine

Perodua cars 1-3% cheaper under SST pricing
Perodua vehicles are 1% to 3% cheaper under the Sales and Services Tax (SST), which came into effect on Sept 1, 2018, as compared to their Goods and Services Tax (GST)-era pricing.
— The Star Online

Costlier beer, cigarettes as brewers, tobacco manufacturers pass on sales tax to consumers
The prices of beer and cigarettes are about to go up nationwide as brewers and tobacco manufacturers pass on the 10 per cent sales tax to consumers.
— The Borneo Post

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by Joanne Encantador @encantador_jo

 

Reuter’s journalists jailed by Myanmar court for journalism (video)
A Myanmar court on Monday found two Reuters journalists guilty of breaching the country’s colonial-era Official Secrets Act and sentenced them each to seven years in prison.
— AEC NEWS Today (Video)

Myanmar army apologises for mistaken photos in book on Rohingya crisis
The Myanmar military issued a rare apology on Monday, acknowledging that two photographs it published in a book on the crisis over the Rohingya Muslim minority were “published incorrectly”.
— Channel NewsAsia

Myanmar journalists: UN calls for immediate release of jailed Reuters journalists
Days after taking on the job, new UN High Commissioner for Human Rights Michelle Bachelet says she is “shocked” at the seven-year prison sentences handed down to two Reuters journalists in Myanmar, calling the trial a “travesty of justice” and urging their immediate release.
— ABC

See here for more of today’s Myanmar morning news

 

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

 

South Korea provides P8.95-B ODA loan to build long-delayed Jalaur irrigation project in Iloilo
NIA–DAEWOO SIGN P11.212-BILLION CONTRACT FOR JALAUR RIVER MULTIPURPOSE PROJECT – The Jalaur River Multipurpose Project (JRMP) will be started earlier than expected with the signing of the contract between the National Irrigation Administration (NIA) and Daewoo Engineering and Construction Co., Ltd. on September 3, 2018 at the Administrator’s Conference Room, 2nd Floor, NIA Central Office, Diliman, Quezon City.
— Manila Bulletin

Philippines PMI growth regains pace in August
Business conditions in the Philippines manufacturing sector improved further midway through the third quarter.
— Nikkei Asian Review

3 deals inked between PH, Israel
THE Philippines and Israel have signed at least three agreements during President Rodrigo Duterte’s historic visit to the Jewish state.
— Sun Star

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Joanne Encantador @encantador_jo

 

Singapore court says PM’s nephew can fight order in long-running contempt case
A Singapore court on Monday ruled that the prime minister’s nephew, Li Shengwu, can contest a government move to serve him court papers in the United States, a potential setback for the prosecution’s high-profile contempt of court case against him.
— Reuters

Malaysia, Singapore agree to postpone rail project for two years -report
Malaysia has agreed with Singapore to postpone the development of a high-speed rail service by two years, Malaysian media reported, as Southeast Asia’s third-largest economy looks to review mega projects to cut its massive debt.
— Singapore Business Review

Grab eyes US$1b additional funding for 2018
The Singapore-bred ride-hailing firm has already raised its valuation to US$11b as of early August whilst on track its expansion drive across Southeast Asia, banking on the region’s internet economy which is expected to hit US$200b by 2025, according to a study by Google and Temasek.
— 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

 

Temporary Crisis Center orders all provinces prepare for flooding
Thailand’s Temporary Crisis Center has ordered all provinces to prepare appropriate plans as more rains are forecast to hit the north, northeast, east and south between today and September 8.
— NNT

Rising inflation fuels pressure for interest rate hike
Rising food and energy costs boosted inflation to 1.6% in August, the highest in almost four years, adding to the case for the Bank of Thailand to deliver its first rate hike since 2011.
— Bangkok Post

Ministry ‘firm’ on proposed SSF hikes
The Labour Ministry has stood firm on its plan to lift the monthly contribution ceiling to the Social Security Fund (SSF) from 750 baht to a maximum of 1,000 baht a month.
— Bangkok Post

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men @MenSreypov

 

Hai Phong builds VND1.5 trillion interchange to improve northwest gateway
Construction commenced on September 2 on a grade-separated interchange worth VND1.5 trillion (US$64.5 million) in Hai Phong, expected to ease congestion along the northwest gateway to the northern port city.
— Nhan Dan Online

Revenue of retail sales and services up 11.2 per cent in eight months
Việt Nam’s total revenue from retail sales and services had strong growth in the first eight months of this year due to the strong increase in purchasing power of the domestic market, according to the General Statistics Office (GSO).
— Viet Nam News

Investing in Vietnam: Key points on Vietnamese employment law
Investment by Thai companies in Vietnam is surging over recent years, especially after several major M&A deals in the last few years in the beverage, retail and other sectors. However, Thai companies,…
— Bangkok Post

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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