Asean morning news for February 27

Asean morning news for February 27

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

The Mekong: troubled waters in autocratic lands
For the Mekong countries, including Thailand, Laos, Myanmar, Cambodia and Vietnam, 2018 was a big year both domestically and regionally.
— AEC News Today

Chinese slowdown hits SE Asia, dragging down manufacturing output
The worldwide slump in smartphone sales and the slowing semiconductor cycle have been increasingly weighing on Southeast Asia, with official manufacturing output figures weakening across the region.
— Nikkei Asian Review (paywall)

Japan to revise Asean free-trade pact
The Japanese government endorsed at a cabinet meeting Tuesday a plan for a revised free trade agreement (FTA) with the Association of Southeast Asian Nations that includes the liberalisation of the service sector and investment field.
— Bangkok Post

Indonesia, Malaysia, Thailand to cut natural rubber exports in bid to raise prices
BANGKOK — Indonesia, Malaysia and Thailand, collectively known as the International Tripartite Rubber Council (ITRC), have agreed to cut natural rubber (NR) exports by a combined 200,000 to 300,000 metric tons to address the “prevailing depressed NR price level.”
— Tire Business

India seeks better trade, connectivity with ASEAN
India is hoping that better connectivity will help boost trade ties with ASEAN and decrease its trade deficit with the 10-member bloc.
— The Asean Post

UBS Sees Southeast Asia Whetting Appetite for Tech-Driven Trades
Southeast Asia’s capital markets may soon welcome more sophisticated products as the region’s mutual fund industry continues to grow at a rapid pace.
— Bloomberg

Can Industry 4.0 revolutionise manufacturing?
Southeast Asia is a region that’s vast developing. It has evolved from an agricultural society to one of the fastest growing regions in the world within the span of a century.
— The Asean Post

China and ASEAN: Together for Vision 2030
As China’s Ambassador to ASEAN, it is my great pleasure to visit this lovely country in my tour of duty at the beginning of the year, a country known for its natural beauty and the warmth of its people.
— The Philippine Star

AEC Feed
The Vietnamese government will double the credit limit for poor people seeking loans without collateral, as part of efforts to reduce poverty and prevent loan sharks.
— The Nation (annoying pop-ups)

2019: the year of choices for Asean bond markets
IF JANUARY developments are any to go by, 2019 looks to be a year of heightened volatility with risk themes across rates, trade and general economic growth continuing to ebb and flow in the global financial markets.
— The Nation (annoying pop-ups)

Advancing the EU-Asean partnership for sustainability — Francisco Fontan
In January I joined Federica Mogherini, the EU’s High Representative for Foreign Affairs and Security Policy, in Brussels as she co-chaired the 22nd EU-Asean Ministerial Meeting.
— Malay Mail

Japanese banks tap the brakes on Asian expansion
TOKYO — Japanese banks are moderating their push into other Asian markets amid signs of economic slowdowns across the region.
— Nikkei Asian Review (paywall)

India-ASEAN Nations With Strong Economic Ties Can Fight Protectionism: Minister
An Indian minister has stated that strong trading bond between India and ASEAN (Southeast Asian Nations) can defeat protectionism.
— The EurAsian Times

Japan can help fill a security gap in Southeast Asia
An African proverb — “when elephants fight, it is the grass that gets trampled” — has particular resonance these days in Southeast Asia, where a deepening struggle between two global giants is a serious threat for the region’s relatively small states.
— Nikkei Asian Review (paywall)

Workshop on implementing UNCLOS to address sea-based challenges
The ASEAN Regional Forum (ARF) workshop on implementing the 1982 United Nations Convention on the Law of the Sea (UNCLOS) and other international instruments towards address emerging maritime issues was held in Nha Trang city in the central coastal province of Khanh Hoa on February 26.
— Vietnam Plus

AirAsia adds more Thailand-Vietnam flights
Thai AirAsia says it’s adding new routes linking Thailand to destinations in Vietnam, as it seeks to increase its market share in the Mekong Region – Cambodia, Southern China provinces, Laos, Myanmar, Thailand and Vietnam
— The Thaiger

8 e-commerce trends to look out for in Southeast Asia 2019
That’s how much the value of e-commerce in Southeast Asia is estimated to exceed by 2025.
— e27

MySay: Prioritising Asean-wide regionalisation
One of the world’s oldest parliaments is struggling to resolve what is essentially a parliamentary problem.
— The Edge Markets

Reconnecting South and Southeast Asia: Return of the Bay of Bengal region
The countries bordering the Bay of Bengal — India, Bangladesh, Myanmar, Sri Lanka, Thailand, and Malaysia — are home to nearly a quarter of the world’s population.
— Observer Research Foundation

Cambodia morning newsCambodia morning news

Compiled by Piseth Pov          @piseth6666

 

Cambodia’s tourism makes 4.35 bln USD revenue last year, up 19.8 pct
Cambodia’s tourism earned gross revenues of 4.35 billion U.S. dollars in 2018, up 19.8 percent from 3.63 billion dollars in a year earlier, Tourism Minister Thong Khon said here on Monday.
— Xinhua

In Cambodia, agile policymaking drives budget reform
Cambodia is in a state of flux. From textiles to tourism, the economy is growing fast. There is an emerging middle class and a burgeoning startup scene. The government is making progress in financial inclusion for rural unbanked.
— OpenGov

34 Cambodians Denied Thai Entry Over Terror Link Fears
Thailand sent 34 Cambodians back to Battambang province on 25 February 2019 after they were detained by Thai immigration police in Chon Buri province.
— Cambodia News English

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Piseth Pov          @piseth6666

 

Indonesia’s Telkomsel Signs MOU with Huawei to Cooperate on Building a Fully Connected Digital Indonesia
Indonesia’s leading mobile operator Telkomsel and Huawei signed a memorandum of understanding (MoU) during this year’s Mobile Word Congress (MWC 2019) in Barcelona.
— AEC News Today/ PR Newswire (media release)

Innovate or stagnate: The road to Indonesia 4.0
In an official report released on Feb. 6, Statistics Indonesia (BPS) revealed that Indonesia’s gross domestic product (GDP) per capita for 2018 reached a record US$3,927.
— The Jakarta Post

Indonesia Moves to Establish Fishing Zone Near South China Sea
Indonesia is pushing ahead with plans to develop a fishing zone on the edge of the South China Sea, a senior official said Tuesday, as the country seeks to assert sovereignty amid claims of overlapping rights by China.
— Radio Free Asia

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

Lower Mother Mortality Rate Recorded Last Year
Last year witnessed a reduction in mother mortality rate to 129 from 151 recorded in 2017, according to a report of the Ministry of Health.
— KPL

Laos, Vietnam target 15% increase in trade
The Lao and Vietnamese governments will try to bolster two-way trade by at least 15 per cent this year as part of efforts to expand cooperation between the two countries.
— ANN/ Vientiane Times

Feature: China-Laos railway project makes dreams come true for local workers
The China-Laos railway is gradually revealing its first signs of true glory, as the bridge and roadbed are taking shape and vehicles loaded with equipment are continuously entering and exiting the tunnel.
— Xinhua

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men          @MenSreypov

 

Local tech to drive creation of Malaysia’s first flying car
MALAYSIA’S first flying car will be driven by local technology, said Entrepreneur Development Minister Redzuan Md Yusof.
— The Malaysian Insight

Malaysia not ready to legalise marijuana, says expert
A health expert has voiced her opposition to any move to legalise marijuana, even for medical use.
— FMT

How Cashless is Malaysia Right Now?
Between Bank Negara Malaysia’s (BNM) ICTF and the more recently announced Real-Time Retail Payments (RPP) system, an ecosystem rife with Malaysians with at least a debit card, and e-wallets to target those who do not; Malaysia seems to be well underway towards becoming a cashless society.
— Fintech News

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men          @MenSreypov

 

Govt to Boost Electric Car Market With 49 New Charging Stations
Industry Minister U Khin Maung Cho on Friday said the government will allow private companies that partner with it to set up and operate charging stations for electric cars.
— The Irawaddy

Inflation in Mandalay highest in the country: Ministry
Mandalay Region’s inflation rate, at 11.53 percent, is the highest in the country due to its status as a major trade hub in the country, said U Myat Thu, Regional Minister for Planning and Finance.
— Myanmar Times

Yangon airport closed temporarily due to thick fog
Yangon International Airport was temporarily closed on February 25 morning due to thick fog, according to airport sources.
— Eleven Myanmar

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Duterte offers Filipino citizenship to Rohingya refugees
President Rodrigo Duterte on Tuesday offered Filipino citizenship to Rohingya refugees as he reiterated his willingness to accept them into the country.
— GMA News

‘Seeded in social media’: Jailed Philippine journalist says Facebook is partly responsible for her predicament
The arrest this month of Philippine journalist Maria Ressa, which experts say is a retaliatory move for exposing violence-inciting fake accounts on Facebook linked to President Rodrigo Duterte’s administration, raises the question of the company’s culpability for her dangerous predicament.
— The Washington Post

Philippines cautioned on hasty deportation of Chinese workers – Panelo
China has warned the Philippines that recklessly deporting Chinese workers might affect the status of Filipino workers in China, Presidential Spokesperson Salvador Panelo revealed Tuesday.
— Inquirer.net

See here for more of today’s Philippines morning news

 

Singapore morning newsSingapore morning news

Compiled by John Le Fevre          @photo_journ

 

National consortium formed to help companies combat bacteria
To combat the spread and persistence of bacteria which lead to health scares such as food poisoning and antimicrobial resistance, a cluster of microorganisms called biofilms must be suppressed.
— Straits Times (annoying popups)

Singapore telcos are slugging it out, so enjoy the benefits while they last
It’s hard to complain when you are getting such generous offers from telecom operators here in Singapore, with each one slashing prices to give more data on the go.
— Today Online

Singapore is 5th best for Chinese real estate capital investors
According to US commercial real estate services firm Cushman & Wakefield, Chinese investors have been pouring funds into Singapore’s real estate, reaching US$650 million in four recent acquisitions in 2018, as cited in the report.
— The Independent

See here for more of today’s Singapore morning news

Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ

 

Board of Investment gives the nod to five projects worth Bt40 bn
THE BOARD of Investment (BoI) yesterday approved five investment projects worth a total of Bt40.462 billion during a meeting chaired by Prime Minister Prayut Chan-o-cha.
— The Nation
(annoying pop-ups)

January factory output rises 0.18% y-o-y, misses forecast
Thailand’s manufacturing production index (MPI) in January rose 0.18% from a year earlier, led by higher output of cars, air conditioners and sugar, the Industry Ministry said on Tuesday.
— Bangkok Post

Commerce Min eyes 8% export growth
The Ministry of Commerce met with business operators on Monday to discuss approaches to boosting Thai exports, hoping to achieve an 8% annual growth target.
— NNT

See here for more of today’s Thailand morning news

 

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men          @MenSreypov

 

Cement import growth of 85% is driven by Vietnam
Vietnam was the major driver of an 85percent year-on-year increase in cement imports into South Africa last year, according to construction market intelligence firm Industry Insight.
— IOL

Dairy industry in Vietnam braced for firmer competition as trade agreement kicks in
The local dairy industry in Vietnam is expected to face strong competition and pressure as a result of the newly implemented Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), experts have predicted.
— Food Navigator

Vietjet offering tickets to Hong Kong from $0
Promotional tickets available for flights from HCMC and Phu Quoc to Hong Kong (China).
— 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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