Asean morning news for March 1

Asean morning news for March 1

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Singapore remains Asean’s most connected trade hub, but improvements seen elsewhere too
Although Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states.
— AEC News Today

Focus needed as Rakhine crisis widens
With the Trump-Kim summit in Hanoi dominating news coverage and election campaigns in key regional states such as India, Indonesia and Thailand offering daily distractions, it is difficult to generate genuine interest in the continuing humanitarian and security crisis in and around Rakhine state in Myanmar.
— Bangkok Post

Southern provinces debate cooperation in Triangle Development Area
Officials from Saravan, Champassak, Xekong, and Attapeu provinces met in Saravan province on Wednesday to discuss cooperation with Cambodia and Vietnam in the Triangle Development Area.
— Vientiane Times

UOB, OctoRocket tie up to provide SME loans across Asean
UNITED Overseas Bank (UOB) and OctoRocket.asia have signed a memorandum of understanding to enable small businesses in South-east Asia to quickly apply for financing through OctoRocket’s platform.
— The Business Times

ASEAN should make itself ‘more useful’ for denuclearization
High hopes: South Korean President Moon Jae-in (left), Singaporean Prime Minister Lee Hsien Loong (center) and Thai Prime Minister Prayut Chan-o-cha pose for a group photo before the start of the ASEAN-South Korea summit on the sidelines of the 33rd ASEAN summit in Singapore on Nov. 14, 2018.
— The Jakarta Post (paywall)

How Asean think-tanks see the inter-Korea peace process
Southeast Asia is making global headlines this week with the second US-North Korea Summit, in Hanoi.
— The Nation (annoying pop-ups)

Asean needs to step up its financial act
The 10 member-economies of Asean have made big strides in achieving financial stability since the Asian financial crisis 20 years ago.
— The Straits Times

Bangkok to host marine meetings
New political commitments to protect marine resources are expected to be announced in two key international marine meetings to be held in Bangkok next week, officials said Thursday.
— Bangkok Post

Myanmar parliament approves Asean-Hong Kong investment agreement
Myanmar’s Union Parliament yesterday approved an agreement on investment between the Association of Southeast Asian Nations (Asean) and China’s Hong Kong Special Administrative Region (SAR).
— Khmer Times

Asean to continue their domestic reflation policies: DBS
Even with the challenging and uncertain external environment, Asean economies are standing pat on their domestic reflation policies, according to a flash note by DBS.
— The Business Times

IFRC Country Cluster Support Team in Bangkok: Program Overview 2019
The Mekong region is frequently affected by natural disasters associated with climate change such as floods, droughts and typhoons.
— Reliefweb

No, these images do not show children in Southeast Asia whose organs have been harvested
Posts shared tens of thousands of times on Facebook contain images purporting to show children whose organs have been harvested in Southeast Asia.
— AFP

TPP-11 exporters gain ground over US in Japan’s beef market
Beef producers in the 11-nation Trans-Pacific Partnership trade agreement enjoyed a surge in sales to Japan in January, as ranchers benefited from lower tariffs than their U.S. competitors.
— Nikkei Asian Review (paywall)

Discover the best managed companies in Malaysia, Philippines & Thailand
Portfolio managers and buy-side analysts give their verdicts on the region’s corporations.
— FinanceAsia

Cambodia morning newsCambodia morning news

Compiled by Piseth Pov          @piseth6666

 

Cambodia Anti-Graft Unit Launches Probe of Top Police Official, Winds Down Inquiry Into Another
Cambodia’s Anti-Corruption Unit (ACU) has kicked off an investigation into the assets of one top-ranking police official in Kandal province as it winds down an inquiry into those of another in Mondolkiri, drawing praise Thursday from graft watchdogs who urged the government to probe further cases.
— Radio Free Asia

Open Development Cambodia has updated profile page on “Public transportation” by revising the 13 Phnom Penh city bus routes and 874 bus stops
Open Development Cambodia (ODC) has updated profile page on “Public transportation” under Access to public services by revising the 13 Phnom Penh city bus routes and 874 bus stops together with the information in both Khmer and English of distance, operating hour, and map.
— Open Development Cambodia

Vietnam, Cambodia more serious in building strong bilateral ties
Nguyen Phu Trong, President of the Socialist Republic of Vietnam and General-Secretary of the Communist Party, paid an official state visit to Cambodia on February 25-26, in a move to further enhance bilateral relations with Cambodia.
— Khmer Times

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Piseth Pov          @piseth6666

 

State Enterprise Ministry holds coordinating meeting 2019
The State Enterprise (BUMN) Ministry here on Thursday held a coordinating meeting participated in by president directors of 154 state-owned enterprises.
— Antara News

How do conservative Muslims see Indonesia’s presidential hopefuls
Indonesia’s 2019 presidential election is a face-off between two old rivals: incumbent President Joko Widodo (Jokowi) and his challenger Prabowo Subianto.
— East Asia Forum

Indonesia`s trade balance records US$1.16 billion deficit in January
Indonesia`s trade balance recorded a US$1.16 billion deficit in January 2019, up slightly from $1.03 billion the month earlier, a central bank`s official said.
— Antara News

See here for more of today’s Indonesia morning news

 

Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

Private sector development essential for continued Lao economic growth
Laos is one of the fastest growing economies in Southeast Asia (SEA). On average the country’s economy as measured by GDP has grown by 7.5 per cent per year and trade by 17 per cent per year since 2000, reflecting the importance of trade as a key driver of its growth.
— AEC News Today

Germany backs Laos’ efforts to fulfil Sustainable Development Goals
Germany has agreed to provide more than 487 billion kip (50 million Euro) to deepen cooperation with Laos as the country moves forward to fulfilling the Sustainable Development Goals.
— Vientiane Times

Samsung Opens Tech Institute to Budding Lao App Developers
The Samsung-Lao Tech Institute 2019 project will offer training in app development and basic Android programming skills to young Lao programmers and app enthusiasts.
— The Laotian Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men          @MenSreypov

 

Malaysia’s AirAsia falls to first quarterly loss since 2015 as fuel costs rise
AirAsia Group Bhd flipped to a net loss in the fourth quarter, its first quarterly loss in more than three years as higher fuel prices and operating lease costs dented income.
— The Straits Times

Malaysia ‘very open for business’ with China, says deputy trade minister
The recent revival of negotiations for the deferred multi-billion ringgit East Coast Rail Link (ECRL) project indicates Malaysia under the Pakatan Harapan (PH) government is still very keen to continue business with China, Ong Kian Ming said.
— Malay Mail

Singtel and Axiata in mobile financial and digital services pact
The Singtel Group and Malaysia’s Axiata Digital have sealed an initial agreement in Spain to collaborate in the areas of mobile financial and digital services to support Asean’s efforts to grow the digital economy.
— New Straits Times

See here for more of today’s Malaysia Morning News

 

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men          @MenSreypov

 

Over 80pc of social investments in microfinance: report
Social investment in Myanmar has increased but there is still a need to further deployment of capital, the Singapore-based Asian Venture Philanthropy Network (AVPN) says.
— Myanmar Times

US Foreign Affairs Committee urges State Department to label Myanmar atrocities ‘genocide’
The U.S. House of Representatives Committee on Foreign Affairs urged the U.S. State Department to label the atrocities committed against the Rohingya by the Burmese military a genocide, according to an announcement released yesterday on their website. A bipartisan group of members, led by committee chairman Representative Eliot L. Engel of New York, sent a
— Coconut

Border trade with Thailand hits nearly $1.3 bln
Bilateral border trade between Myanmar and Thailand between 1 October 2018 and 15 February 2019 totalled US$1.29 billion, with exports worth $ 926.9 million and imports worth $ 372.6 million, according to the official’s statistics issued by the Ministry of Commerce.
— Global Newlight of Myanmar

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Foreign investment pledges surge in fourth quarter of 2018
Foreign investment pledges approved by the country’s seven investment promotion agencies rose by 322 percent year-on-year in the fourth quarter of 2018, with half of the total intended for Northern Mindanao, the Philippine Statistics Authority reported yesterday.
— The Philippine Star

PHL ranks 90th in int’l rule of law index –World Justice Project
The Philippines ranked 90th out of 126 countries included in the 2019 Rule of Law Index, according to the World Justice Project (WJP) on Thursday.
— GMA News

Expansion of money supply, bank loans slowed in January
CASH supply circulating in the economy grew to its slowest pace in nearly seven years in January, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday, as demand for credit eased further during the period.
— Business Mirror

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by John Le Fevre          @photo_journ

 

SIA flights to Europe operating as scheduled, rerouted to avoid Pakistan airspace
Singapore Airlines (SIA) flights to Europe are operating as scheduled, although they have been rerouted to avoid Pakistan’s shuttered airspace, said the airline on Thursday (Feb 28).
— Channel NewsAsia (very annoying popups)

Singapore remains Asean’s most connected trade hub, but improvements seen elsewhere too
Although Singapore remains the undisputed business hub of Asean a recently released international trade connectivity survey also found rapid improvements in other Asean member states.
— AEC News Today

Singapore comes in top for order and security in international rule of law index
The Republic continues to rank world No. 1 in the area of order and security according to the 2019 Rule of Law Index compiled by the World Justice Project (WJP), an independent advocacy group based in the United States.
— Straits Times (annoying popups)

See here for more of today’s Singapore morning news

Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ

 

Thailand passes internet security law decried as ‘cyber martial law’
Thailand’s military-appointed parliament on Thursday passed a controversial cybersecurity law that gives sweeping powers to state cyber agencies, despite concerns from businesses and activists over judicial oversight and potential abuse of power.
— Reuters

More arrests in the theft and sale of police pistols
Police on Thursday arrested five people for alleged involvement in the theft and sale of 11 brand-new handguns from the provincial police investigation unit.
— Bangkok Post

Baht uptick deters arrivals
The strong baht is expected to affect the tourism industry as travellers may shift to other destinations in the region where local currencies have edged up at a slower pace, said a business leader.
— Bangkok Post

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men          @MenSreypov

 

Vietnam recommended to develop high-speed railway
Experts from the Republic of Korea (RoK) have recommended Vietnam develop a high-speed railway network with the track gauge of 1,435mm.
— VNA NET

Vietnam reconsiders luxury tax to lower car production costs
If the luxury tax on domestically made car parts is removed, production costs could be considerably lower and the low-cost car dreams would be within reach.
— VietNamNet Bridge

Hanoi earns 2.24 billion USD from exports in two months
Vietnam’s capital city of Hanoi earned an estimated 2.24 billion USD from exports in the first two months of this year, up 21.3 percent year-on-year, according the municipal Statistics Office.
— VietnamPlus

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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