Asean morning news for May 24

Asean morning news for May 24

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Freed Journalists Don’t Negate Bleak Outlook for Southeast Asia’s Media
The recent release of two Reuters journalists from prison in Myanmar, along with similar incidents we have seen in other Southeast Asian countries recently, are unquestionably welcome developments considering the difficulties undergone by these individuals.
— The Diplomat

Brunei’s Sultan Hassanal Bolkiah returns Oxford degree after gay-sex death penalty backlash
Brunei’s Sultan Hassanal Bolkiah has returned an honorary degree awarded by Britain’s Oxford University after a global backlash, fronted by celebrities like Elton John and George Clooney, for proposing the death penalty for gay sex and adultery.
— ABC News

South-east Asia startup ecosystem ‘still has runway’
SOUTH-east Asia’s fast-growing startup ecosystem still has legs, although the opportunities are shifting and are distinct from those in Silicon Valley in the United States, speakers at the Echelon Asia Summit 2019 said on Thursday.
— The Business Times

ASEAN Connectivity: A New Battle Ground for Japan and China
Although ASEAN’s inception was mainly driven by security reasons, it has increasingly become an important driver of economic development.
— Khmer Times

Asean’s mobile e-commerce leaders
Mobile apps are playing a vital role in the development of e-commerce.
— Bangkok Post

Economic diplomacy: New trade agenda, Chinese rhinos, Made in ASEAN
Australia’s election campaign might have been largely devoid of international affairs debate, but the Liberal Party did release a low-key trade policy which provides some insights into where the new government will take what it calls commercial diplomacy.
— The Interpreter

ASEAN Secretariat, UN committed to fortify partnership
THE Secretariat of ASEAN and the United Nations (UN) reaffirmed their commitment to strengthen partnership following their fourth regional Secretariat-to-Secretariat (S2S) Meeting at the ASEAN Secretariat in Jakarta on May 7.
— Borneo Bulletin

ASEAN needs to raise its game on integration — HSBC
SOUTHEAST ASIA needs to improve its production efficiency and deepen regional integration to catch up with evolving global trade, executives from HSBC Ltd.’s Philippine unit said Thursday.
— BusinessWorld Online

Cover Story: Good prospects in overlooked Asean
Over the past few years, there has been a lot of talk about the appeal of emerging markets (EM) among investors and market observers.
— The Edge Markets

Japanese food and drink container makers bet on Southeast Asia
Japanese companies are stepping up their business in Southeast Asia to cash in on the region’s growth.
— Nikkei Asian Review (paywall)

Connecting and Empowering the China-ASEAN Media Cooperation Through Science and Technology
2019 is the year of China-ASEAN Media Exchange Year. The “2019 China-ASEAN Media Cooperation Forum” held in Beijing on May 14 focused on the theme of “New Stage, New Trends and New Cooperation”.
— Yahoo Finance

Used car exports from China expected to inject vitality into Southeast Asian auto market
China has granted permission for a pilot scheme permitting the limited export of used cars, prompting Chinese analysts to predict hot sales on the Southeast Asian auto market.
— Global Times

Patent prosecution strategy in the ASEAN region: Understanding the ASPEC and GPPH programmes
The ASEAN region is receiving an ever-increasing number of new patent filings.
— Lexology

Are Southeast Asians Ready to Consume Less Meat?
Each year, Euromonitor International reviews everchanging consumer values and priorities that will affect purchasing decisions.
— ISN

MoFAIC hosts Iftar reception in honour of ASEAN member states
The Ministry of Foreign Affairs and International Cooperation, MoFAIC, organised an Iftar reception in honour of heads of diplomatic missions in the UAE that represent member states of the Association of Southeast Asian Nations, ASEAN.
— Emirates News Agency

How to Scale up Financial Inclusion in ASEAN countries
In the slums of Manila, Philippines lives a hardworking man Peter. He runs a small eatery that can’t be considered to be a formal company.
— Cryptopolitan

Locarno Open Doors Platform to Focus on 7 Southeast Asian Countries, Mongolia
The Locarno Festival’s Open Doors platform dedicated to promoting cinema in areas where filmmaking is especially tough, has unveiled the 8 projects, directors, and producers from 7 countries in South-East Asia and Mongolia who will make the trek to Switzerland for networking and training opportunities.
— Variety


Cambodia morning newsCambodia morning news

Compiled by John Le Fevre          @photo_journ

 

Environmentalist to seek court help over illegal, sewage-spewing Chinese casino (video)
Chinese owned businesses in Cambodia seem to be a law unto themself, a polluting casino ordered closed by the government in March continuing with business as usual.
— AEC News Today (video)

Election Campaign Going On Smoothly
Happening campaign for the third Election of Capital, Provincial, Municipal, District and Khan Councils is going smoothly with ensured safety and order.
— Agence Kampuchea Presse

Chinese push up Sihanoukville property prices
The presence of Chinese investors and tourists in Sihanoukville continued to push real estate transactions and increase prices in the city, with major construction activities underway, say property insiders.
— The Phnom Penh Post

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Jakarta riots death toll rises to eight, more than 700 injured
At least eight people were killed in two days of post-election riots in Central Jakarta, while hundreds required medical care, the city administration said on Thursday.
— The Jakarta Post

Kadin pegs riot-inflicted trade transaction losses at Rp1.5 trillion
Potential losses in trading transactions ensuing from the protest against the election result that took a violent turn in Jakarta could reach Rp100 billion-Rp1.5 trillion, the Jakarta Chamber of Commerce and Industry (Kadin) stated.
— Antara News

Garuda closes routes, reduces flight frequencies in response to new airfare policy
Flag carrier Garuda Indonesia plans to close a number of routes and reduce the flight frequencies to less lucrative destinations to cut losses after the government lowered the price ceiling by 12 to 16 percent on the highest ticket prices for economic class tickets for domestic flights.
— The Jakarta Post

See here for more of today’s Indonesia morning news


Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

Laos-Vietnam trade deficit set to drop to US$227 million
The Lao government has set a target of reducing the trade deficit with Vietnam to about US$227 million this year, with the country producing more products for export.
— ANN/ Vientiane Times

Northern Laos battles locust outbreak
Northern Lao province of Huaphan has been affected by yellow-spined bamboo locusts and local authorities are working hard to stop further destruction of vegetation.
— Xinhuanet

Scorched Earth Development in Northern Laos
In April 2019 I traveled through northwest Laos to check in on the current state of several cross-border development projects, including the now-completed Namtha dam, the Golden Triangle Special Economic Zone (SEZ), and the construction of a high-speed railway from the Chinese border to Vientiane, part of China’s global Belt and Road Initiative (BRI).
— The Diplomat

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men           @MenSreypov

 

Budget hotels want taxes reviewed amid Airbnb competition
Local budget hotels called for a review of tax policies to help them cope with competition against Airbnb and low profit margins from online hotel booking sites. Kenneth Oh, head of the Malaysia Budget Hotel Association’s.
— Malay Mail

Najib expected to use debate to criticise govt, say analysts
The upcoming Lim-Najib debate, billed as a platform to address the issue of kleptocracy and integrity, may just serve as an opportunity to attack the Pakatan Harapan (PH) government.Universiti Malaya socio-political analyst Prof Dr Awang Azman Pawi believes former prime minister .
— The Sun Daily

Hang on to your devices: Tech experts in Malaysia weigh in on Huawei, Google debacle
Malaysian Huawei owners should hold on to their devices despite the recent news that Google has cut off its Android services with the China-based company, said tech experts.
— Malay Mail

See here for more of today’s Malaysia Morning News


Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men           @MenSreypov
 

Export revenue from Muse border trade drops by US$600m
Myanmar recently launched its updated National Export Strategy for the next five years. The Ministry of Commerce will be adding fruits and vegetables, gems and jewellery, handicrafts, processed food products and digital businesses as potential export sectors.
— Myanmar times

Religion can play a role in Myanmar’s development
Cardinal Charles Maung Bo of Yangon has played a leading role in bringing religious leaders together as they seek ways to help the strife-torn country piece itself back together and move forward.
— UCA

Trade between Myanmar, Thailand at optimal levels: official
Khun Pakainay Leng-Ee, who was Thailand’s Minister Counsellor for Commercial Affairs to Myanmar from October 4, 2015 to May 15, 2019, reckons the two neighbouring countries have reached an optimal level of trade. “I think we’ve reached the best situation now,” he said.
— Myanmar times

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu

 

‘Hot money’ outflows dip to $299M in April
FOREIGN portfolio investments or “hot money” net outflows reached $298.83 million in April, lower than March’s $739 million and reversing the $279.29-million inflow posted a year ago, Bangko Sentral ng Pilipinas (BSP) data showed on Thursday.
— The Manila Times

Debt-to-GDP ratio rises to 44% in Q1
The proportion of the national government’s debt to economic output rose to 44 percent in the first quarter of the year due to the increase in domestic borrowings, the Department of Finance (DOF) said yesterday.
— The Philippine Star

Philippines rejects Canada’s offer to ship back its trash by June 30
The Philippines said it has rejected Canada’s new proposal to ship back tons of trash it dumped in the Philippines by June 30, the spokesperson of Philippine President Rodrigo Duterte said on Thursday.
— Xinhuanet

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by John Le Fevre          @photo_journ

 

Core inflation eases to 1.3% but overall price index up
Core inflation in Singapore eased again last month, as a fall in the cost of electricity and gas as well as lower food inflation more than offset higher services inflation, according to data released yesterday.
— Straits Times (annoying popups)

Lights out for five power retailers amid fierce competition
FIVE players have called it a day in Singapore’s retail electricity market for big businesses amid fierce competition triggered by a phased liberalisation of the sector – a process completed only this month, with all residential households in the fold as well.
— The Business Times

Smart Nation should support people with special needs
Singapore should leverage technology such as virtual simulation systems to better integrate those with special needs, including students, into society, said President Halimah Yacob.
— 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

 

PPRP ‘seals deal’ to form coalition govt
The political dust has begun to settle with the Palang Pracharath Party (PPRP) well on its way to leading the next government, joined by the Democrat and Bhumjaithai parties, according to military sources.
— Bangkok Post

Ghost fleet: former slaves and the woman bringing them home (video)
A hard-hitting documentary looking at slavery in the Thailand fishing and seafood industries premiered in Mexico on Tuesday, the latest in a series of international screenings bringing the dark underbelly of the Thai seafood and fishing industries into the public spotlight.
— AEC News Today

Thai court blocks anti-junta politician from joining House
A Thai court on Thursday blocked the leader of a new anti-junta political party from taking his seat in Parliament while it determines whether he violated election rules.
— AP

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men           @MenSreypov

 

Vietnam’s HCM City aims to have no poor households by late 2020
Vietnam’s Ho Chi Minh City has set a target of having no poor households and an annual average income of at least 28 million Vietnamese dongs (1,200 U.S. dollars) per capita by the end of next year, local media reported Thursday.
— Xinhua

Petrolimex plans convenience stores at gas stations
The Việt Nam National Petroleum Group (Petrolimex) is planning to open convenience stores at its gas stations, most of which have favourable locations across the country.
— Viet Nam News

Traditional groceries upgrade to exist in 4.0 era
The hot development of modern retail channels are threatening variety stores and traditional markets.
— 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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