Asean morning news for April 12

Asean morning news for April 12

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

ASEAN local currency guideline in works
ASEAN is looking to expand the use of local currencies to settle trade and direct investment between member countries in a bid to stabilize the region’s financial market.
— The Jakarta Post (paywall)

Singapore, Vietnam and Thailand buck worldwide trend with more executions, not less
More and more countries are rejecting the death penalty, which is a global trend. However, according to a report from the South China Morning Post (SCMP), certain countries are actually going against this trend, including Singapore, Thailand and Vietnam.
— The Independent

ASEAN-ROK Commemorative Summit
The Government of the Republic of Korea (ROK) recently announced that the ASEAN-ROK Commemorative Summit will take place in Busan from Nov. 25-27 2019.
— The Irrawaddy

PHL urges ASEAN to strengthen disaster financing system
THE Philippines called for stronger cooperation among member states of the Association of Southeast Asian Nations (ASEAN) on disaster risk financing and insurance (DRFI), citing the region’s vulnerability to natural disasters.
— BusinessWorld Online

BOT joins Asean peers in rush for payments scheme
THE Bank of Thailand (BOT) is playing a role in speeding up the introduction of a central payment system that will be rolled out across the Asean region.
— The Nation

TCEB Moves Thailand to the Forefront of Asia and ASEAN’s MICE Industry
Thailand is now among the frontrunners in Asia and ASEAN in terms of MICE Education, MICE Standards and MICE Sustainability.
— Bangkok Post

Thailand hosts ASEAN Gastronomic Tourism fair
It is the first time for Thailand to host an ASEAN Gastronomic Tourism fair and create networks to promote food-drawn tourism with quality food markets and gastronomic art.
— Vietnam Plus

Bridging the gap in social protection and socioeconomic policies in Asean
IN Southeast Asia in the meantime, the Thaksin universal health care initiative has also gained wider acceptance in some countries, in Indonesia and the Philippines in particular.
— Business Mirror

Regional countries’ New Year festival marked in HCM City
A celebration to mark the traditional New Year festival of Cambodia, Laos, Myanmar, and Thailand was held in Ho Chi Minh City on April 11.
— Vietnam Plus

At what age can you go to prison in Southeast Asia?
The Philippines’ House this week approved a bill that would lower the minimum age of criminal responsibility to just 12 years, as the government bids to crack down on gangs using children for illegal activities.
— Milbank Monitor

IT Spending in South East Asia Market Key Trends, Opportunities & Development Factors to reach CAGR of 6.17% in 2023
The IT Spending in South East Asia Market report presents the industry survey, product description, price, variety of applications, market demand, market volume and market development forecast from 2018-2023 in Information Technology sector.
— Redfield Report (media release)

P&G launches e-commerce campaign in Southeast Asia
Procter & Gamble has launched a campaign across Southeast Asia in partnership with e-commerce site Shopee which will see it offer deals across its haircare brands for three days.
— The Drum

Report: Over half of gamers in Southeast Asia are ‘strongly drawn’ to esports
A new study from Niko Partners reveals 60 percent of Southeast Asia’s gamers gravitate toward esports, hinting at further growth for the field in the region’s future.
— GameDaily.biz


Cambodia morning newsCambodia morning news

Compiled by Piseth Pov          @piseth6666

 

Cambodia electricity shortage cripples small businesses
It’s hot and humid in KT Beauty, a salon owned by Morn Sokunthea. The red-and-black chairs are empty. The fans don’t work and neither do the lights. Thirty eight-year-old Sokunthea hasn’t seen a single customer today, and she doesn’t expect that to change soon.
— DW

Cambodia takes EU to court over rice import tariffs
Cambodia has filed a challenge at the European Court of Justice against the European Union’s decision to impose import duties on Cambodian rice.
— Reuters

Cambodia gets serious about its illegal ivory trade
The director-general of the Cambodian Department of Customs and Excise, Kun Nhim directed all branch directors to intensify their efforts and crack down on ivory smuggling.
— Asean Today

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Piseth Pov          @piseth6666

 

The Natural Resource Oligarchy Funding Indonesia’s Election
Indonesia is one of the world’s agricultural and mineral breadbaskets.
— The Diplomat

Government to finalize two revised regulations on KEK
The government is now in the final stage of revising two regulations on special economic zones (KEKs) to encourage investors to do business in prepared areas set to become new growth centers in many parts of the country more applicable.
— The Jakarta Post

Indonesia Probes Pre-Marked Ballots Found in Malaysian Warehouses
Indonesian elections supervisors on Thursday said bags with ballots pre-marked in favor of incumbent leader Joko “Jokowi” Widodo were discovered in two Malaysian warehouses just days before Indonesia’s presidential and legislative polls on April 17.
— Benar News

See here for more of today’s Indonesia morning news


Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

EU Join Forces With UNICEF To Improve Nutrition In Phongsaly
A delegation led by European Union Ambassador to the Lao PDR, Leo Faber and UNICEF Representative, Octavian Bivol, on Monday started a four-day visit to Phongsaly Province- Bounneua and Nhot-ou districts to observe nutrition interventions under the Partnership for Improved Nutrition (PIN).
— KPL

Laos joins other nations reviewing stance on sanitation, water
Laos joined other countries and development partners at the Sector Ministers’ Meeting (SMM) which was convened by the Sanitation and Water for All partnership in San Jose, Costa Rica on April 4-5.
— Vientiane Times

Lao Villagers Displaced by Nam Theun 2 Dam Say They Still Need Help
Lao villagers moved by government order from their homes 10 years ago to make way for a showcase hydropower project have new houses, schools, and clinics in their resettlement areas, but are still left without access to fishing areas or adequate land to farm, sources in the country say.
— Radio Free Asia

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men           @MenSreypov

 

PM: Islamic banking players must invest in technologies
Islamic banking and finance players must be intensely invested in technologies to transform the way they conduct banking services and disseminate their products more effectively and efficiently.
— The borneo Post

Malaysia’s Feb IPI rises 1.7% on expansion in electricity, manufacturing output
Malaysia’s Industrial Production Index (IPI) expanded 1.7% year-on-year (yoy) in February 2019, supported by the growth in the electricity and manufacturing segments, according to the Department of Statistics.
— The Sun Daily

Malaysia posts 5.5% growth in Feb manufacturing sales
Malaysia’s manufacturing sales rose 5.5% in February 2019 to RM65.8 billion versus RM62.3 billion in the same month a year ago.
— The Sun Daily

See here for more of today’s Malaysia Morning News


Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men           @MenSreypov
 

Gas use for cooking in Myanmar much lower than in other ASEAN countries
Liquefied petroleum gas (LPG) is used much less for cooking in Myanmar than it is in other countries in ASEAN and needs to be promoted, industry officials say.
— Myanmar Times 

Myanmar rebels hit Rakhine police base, kill 3
Rebels attacked a police outpost in Myanmar’s restive western state of Rakhine between Tuesday night and Wednesday morning, killing three people and abducting seven others, state media reported Thursday.
— Bangkok Post

Govt asks for K2.6 trillion in additional funds to cover forex losses
Due to a decline in foreign earnings and reserves, President U Win Myint urged businesses to deal more in Myanmar kyat and less in foreign currencies at the Finance Commission’s meeting held in the Presidential Palace on April 9.
— Myanmar Times

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

BREAKING: Duterte threatens to veto entire 2019 national budget
President Rodrigo Duterte on Thursday threatened to veto the entire P3.757 trillion national budget for 2019.
— Inquirer.net

February trade deficit widened as exports fell 0.9%
Trade deficit widened in February, as exports fell 0.9 percent and imports rose 2.6 percent, data from the Philippine Statistics Authority show.
— Manilastandard.net

Infra spending rises 26%
The national government’s expenditures for infrastructure and capital outlays increased by 26.3 percent in the first two months of the year, data released by the Department of Budget and Management (DBM) showed.
— Malaya

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Piseth Pov          @piseth6666

 

Singapore names innovative winners
The Singapore Tourism Board has awarded seven businesses up to SGD1.3 million for marketing proposals under the second edition of the Marketing Innovation Programme [1].
— TTR Weekly

60,000 people get a sneak peek of Jewel Changi Airport
An estimated 60,000 people had a sneak peek of Jewel Changi Airport on Thursday (April 11), six days ahead of its official opening on April 17.
— Today Online

Singapore police roll out drone-equipped surveillance vehicles
Other new technologies the Singapore Police Force is introducing include smart glasses, miniature humanoid robots and an enhanced live firing system.
— CNA (very annoying popups)

See here for more of today’s Singapore morning news

Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ

 

EIC revises down GDP forecast once more
Siam Commercial Bank’s Economic Intelligence Center (EIC) has again downgraded its 2019 economic outlook, slashing the forecast for Thai GDP growth to 3.6% amid a global economic slowdown and and domestic political risk.
— Bangkok Post

Risky loans by cooperatives a concern
The National Credit Bureau (NCB) has voiced concerns about the asset quality of loans extended by savings cooperatives, particularly for lengthy loans, and about the high debt-service ratio (DSR) of borrowers.
— Bangkok Post

Phuket airport chief dismisses ‘death penalty for beach selfie’ reports
Thanee Chuangchoo, General Manager of Phuket International Airport, today (Apr 11) dismissed reports circulating in the international media that taking selfies on Mai Khao Beach near the runway will incur the death penalty.
— The Phuket News

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men           @MenSreypov

 

Tourism Arrivals In Vietnam On Steady Growth Trajectory
International visitor arrivals to Vietnam in the first quarter of 2019 improved seven per cent to reach 4,500,114 visits, with China, South Korea, Japan, US, Russia and Taiwan being the largest source markets. During March, the country registered 1,410,187 arrivals, up five per cent year-on-year.
— Investvine

Climate-smart food production key for agricultural sector
As Viet Nam’s agricultural sector is facing serious impacts of climate change, it is necessary to adapt and improve food production.
— Eleven Myanmar

Ho Chi Minh City reviews people’s satisfaction of administrative reform
The pilot survey of satisfaction of local people and organizations for the administrative reform work in Ho Chi Minh City in 2018 was reviewed at a conference held by the municipal chapter of the Vietnam Fatherland Front (VFF) on April 11.
— VNA NET

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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