Asean morning news for March 27

Asean morning news for March 27

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Huge growth opportunities for renewable energy sources in ASEAN
There are about 70 million people in ASEAN with no reliable access to electricity, says auditing firm KPMG.
— Channel NewsAsia (video)

Southeast Asia an attractive destination for FDI: report
Southeast Asia became an attractive destination for foreign direct investment (FDI), according to a report released by the Boao Forum for Asia (BFA) Tuesday.
— Xinhuanet

Mandatory halal certification as Indonesia tries to snare share of $3trln Sharia market
With almost 269 million people, Indonesia is the world’s most Muslim populated country. However, when it comes to cashing in on the global halal industry it ranks 10th, alongside Brunei, for its ability to seize opportunities in the Islamic economy.
— AEC News Today

Thailand to host 23rd ASEAN Finance Ministers’ Meeting
Thailand’s Finance Ministry will host the 23rd ASEAN Finance Ministers’ Meeting (AFMM) under the theme of “Advancing Partnership for Sustainability.”
— VietnamPlus

Can Asean play a bigger role in North Korea summit diplomacy?
With the lack of agreement between US President Donald Trump and North Korea’s (DPRK) Chairman Kim Jong Un at the second DPRK-US Summit in Hanoi in February this year, summit diplomacy appears to have hit a wall.
— Khmer Times

Economic and political reasons for Japan’s pivot back to Asean
WHEN the United States of America withdrew from the Trans-Pacific Partnership (TPP) in 2017, the remaining signatories were led steadfastly by Japan to agree on a revised TPP, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
— The Business Times

AEC Feed
Use of the local currency settlement (LCS) scheme between Indonesia and Thailand has grown substantially since its inception in late 2017, Bank Indonesia (BI) said in a statement.
— The Nation (very annoying pop-ups)

Asia-Pacific countries should act jointly for 2030 agenda for sustainable development
Countries in the Asia Pacific region need to work closely together in the next 11 years to catch up on the 17 Sustainable Development Goals (SDGs) especially on the environment and climate-related challenges, said a United Nations (UN) top diplomat in the region.
— The Edge Markets

China willing to work with other LMC countries to implement cooperation projects: ambassador to Myanmar
China is willing to work with the other five member countries of Lancang-Mekong Cooperation (LMC) to plan, design and implement the cooperation projects, Chinese Ambassador to Myanmar Hong Liang said on Tuesday.
— Xinhuanet

Asia-Pacific countries make up 20% of Russia’s military hardware order book
Countries of the Asia-Pacific region account for about 20% of Russia’s military hardware order book, Deputy Director of the Federal Service for Military and Technical Cooperation Mikhail Petukhov told TASS at the LIMA 2019 arms show in Malaysia on Tuesday.
— TASS

ASEAN’s energy transition on the right track
Yesterday, the World Economic Forum (WEF) launched the fifth edition of their Energy Transition Index (ETI), ranking 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability.
— The Asean Post

China-ASEAN environmental forum commences in Beijing
Environmental cooperation between China and the Association of Southeast Asian Nations (ASEAN) for this year is being discussed at a five-day forum in Beijing.
— China Daily

Real estate opportunities in Asean: Colliers white paper
Even with the uncertain global outlook, real estate investment opportunities continue to exist in Southeast Asia, according to commercial real estate services provider Colliers International.
— The Business Times

Porcupines now run the risk of becoming endangered in SE Asia
Sir — I was appalled to learn that porcupines now run the risk of becoming endangered across southeast Asia.
— The Telegraph

Grab monopoly causing passenger discomfort
Ever since Grab bought over Uber’s Southeast Asia-based business last March, social media has been abuzz with complaints against the ride-hailing giant.
— The Asean Post

Drink more water while saving the environment in Southeast Asia
There’s a #Refillution taking Southeast Asia by storm, thanks to the new RefillMyBottle app.
— Lonely Planet

Cambodia morning newsCambodia morning news

Compiled by Piseth Pov          @piseth6666

 

Hun Sen Plays Down Risk From EU Trade Sanctions as Delegation Arrives in Cambodia
Prime Minister Hun Sen has played down the possible significance of the EU withdrawing Cambodia’s preferential trade treatment over human rights concerns.
— VOA Cambodia

Rehabilitated CNRP officials ‘still demand Sokha’s release’
Five former opposition Cambodia National Rescue Party (CNRP) politicians on Monday held their first press conference since receiving political rehabilitation, saying they remained true to opposition principles and demanded the release of their leader Kem Sokha.
— The Phnom Penh Post

Price plea as generator costs soar
The government has urged vendors of electricity generators to ensure reasonable prices after public complaints flooded social media over soaring costs amidst a shortage of power in the Kingdom.
— Khmer Times

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Piseth Pov          @piseth6666

 

Garuda pulls 737 Max order as cockpit recording reveals Lion Air pilots battle (video)
Garuda Indonesia late last week became the first airline globally to cancel orders for the Boeing 737 Max, citing passenger fear of flying on them.
— AEC News Today

Cash splash spurs Indonesia’s economy ahead of election
Indonesia’s economy, the biggest in Southeast Asia, is getting a boost from an election campaign that’s kicking into high gear.
— Straits Times (annoying popups)

Mandatory halal certification as Indonesia tries to snare share of $3trln Sharia market
With almost 269 million people, Indonesia is the world’s most Muslim populated country. However, when it comes to cashing in on the global halal industry it ranks 10th, alongside Brunei, for its ability to seize opportunities in the Islamic economy.
— AEC News Today

See here for more of today’s Indonesia morning news

Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Little Laos struggles to swallow Chinese debt
Fifty years ago, the little town of Luang Prabang in Laos threw its hat in with the United States, allowing a “secret war” to be waged against Vietnamese communism from its airfield.
— UCA News

Japanese grant assistance targets community infrastructure projects
The Japanese government has committed grant assistance worth US$348,227 for four infrastructure projects including the construction of bridges and a water supply system in target provinces.
— Vientiane Times (paywall)

Lao Inspection Reveals 1,002 Cases of Corruption in 2018
Laos’ Ministry of Public Works and Transport has informed state inspectors at their annual meeting that its investigation unit found that hundreds of its employees engaged in corruption in 2018.
— Radio Free Asia

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men           @MenSreypov

 

Cashless system can reduce corruption, says Guan Eng
Utilising the cashless system in the country can reduce corruption, said Finance Minister Lim Guan Eng.
— New Straits Times

FOREIGN COMPANIES EXPRESS INTEREST IN MALAYSIA AIRLINES
The head of a key advisory council to Malaysian Prime Minister Mahathir Mohammad says companies from Europe, Asia and the Middle East are interested in investing in Malaysia Airlines Berhad.
— Airlines Ratings

Malaysia needs to lower electricity and gas prices to reflect international market
Medical glovemakers urge the government to lower gas and electricity tariffs, in view of substantial drop in liquefied natural gas (LNG) and coal in the international markets.
— New Straits Times

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men           @MenSreypov
 

Myanmar’s top court hears Reuters reporters’ appeal in official secrets case
Myanmar’s Supreme Court heard the appeal on Tuesday of two Reuters journalists imprisoned for breaking a colonial-era official secrets law, in a case that has raised questions about Myanmar’s progress towards democracy.
— Reuters

Lower imports drag maritime trade down $107 mln
The value of Myanmar’s maritime trade for the period between 1 October, 2018 and 15 March, 2019 in the current fiscal year totalled US$11 billion, a decrease of $107.46 million compared with the corresponding period of the previous FY, according to data provided by the Ministry of Commerce.
— Global Newlight of Myanmar

Rice traders ask govt to negotiate with Chinese traders
Rice traders from Myanmar requested the government to intervene in negotiations between them and Yunnan government as well as Chinese traders as about 50,000 tons of rice remains stuck in Muse to be exported to China, sources said.
— Eleven Myanmar

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Impasse on proposed 2019 budget ends; Congress sends spending bill to Palace
The deadlock on the proposed ₱3.757-trillion 2019 budget was finally broken on Tuesday, with Senate President Vicente “Tito” Sotto III signing the enrolled spending bill and Congress transmitting it to Malacañang for President Rodrigo Duterte’s signature.
— CNN Philippines

Philippines measles update: Nearly 600 cases in 2 days
In a follow-up on the measles outbreak in the Philippines, government officials have reported an additional 596 cases since the last update.
— Outbreak News Today

PRRD to sign 2019 budget if it’s ‘consistent with Constitution’
Malacañang on Tuesday said it is up to President Rodrigo R. Duterte whether he will veto specific realignments in the proposed 2019 national budget.
— Philippine News Agency

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Piseth Pov          @piseth6666

 

Singapore factory output sees small 0.7 per cent rise in February; January’s drop slashed
Singapore’s manufacturing output grew 0.7 per cent in February compared with last year, thanks to the boost from pharmaceuticals, according to figures from the Economic Development Board (EDB) on Tuesday (March 26).
— Straits Times (annoying popups)

Duty-free allowance for liquor revised to two litres from 1 April 2019
Arriving travellers and returning Singaporeans are reminded that the duty-free allowance for liquor will be revised to two litres, down from the current three litres, from 1 April 2019.
— The Online Citizen

Wirecard says some Singapore employees may face criminal liability
Wirecard has announced that some of its Singapore employees may face criminal liability in connection to an accounting scandal that has rocked the German payments group.
— Financial Times

See here for more of today’s Singapore morning news

Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ

 

EC announces constituency winners
The Election Commission of Thailand (EC) has announced the winners of electoral constituencies via its website. The Pheu Thai Party takes the greatest number of seats in the lower house.
— NNT

February factory output unexpectedly falls 1.6%
Thailand’s manufacturing production index (MPI) in February unexpectedly dropped 1.6% from a year earlier, led by lower production of steel, computers and rubber products, the Industry Ministry said on Tuesday.
— Bangkok Post

North blanketed in smog, authorities spray water
The North of Thailand has continued to struggle with smog, which is impacting public health and tourism.
— NBT World

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men           @MenSreypov

 

Vietnam reports three-year-high foreign investment
FDI pledges for new projects, increased capital and stake acquisitions surged by 86.6 percent year-on-year to $10.8 billion in Q1.
— VnExpress

Budget deficit and rising public debt major risks for Vietnam
The State budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vi?t Nam, making it more difficult for the Government to help the economy head towards growth, said Professor Tr?n Th? Ð?t, principal of the National Economics University (NEU).
— Eleven Myanmar

Enough petroleum supply to meet domestic demand: Ministry
The Ministry of Industry and Trade has said domestic petroleum supply is meeting of local consumption demand.
— Viet Nam News

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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