Asean morning news for October 1

Asean morning news for October 1

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu

 

PM Modi in Chennai highlights: Let brains in ASEAN countries compete to offer innovative solutions, says PM
PM Modi addressed the audience at Singapore-India Hackathon event in Chennai. He asked the countries to let brains in ASEAN compete to offer innovative solutions.
— Deccan Herald

The new strategy for banks: Create value instead of competing
Digital banking penetration is at an all-time high, at around 97 percent for developed Asia, and 52 percent for emerging Asia according to McKinsey’s Personal Financial Services survey.
— The Business Times

AirAsia set to implement lower PSC rate for non-ASEAN destinations from Oct 1
Airasia Group Bhd says it is set to implement tomorrow (Oct 1), the new, lowered passenger service charge or PSC for passengers flying out to destinations beyond Asean from all other airports in Malaysia, except the Kuala Lumpur International Airport.
— The Edge Markets

Leaders from the Eurasian Economic Union, Iran and Singapore gather in Armenia
Leaders of the Eurasian Economic Union (EAEU), Iran and Singapore will convene today for the first day of the regular session of the Supreme Eurasian Economic Council. The signing of a new free trade agreement will top the agenda
— Foreign Brief

ALIBABA CLOUD DOUBLES DOWN ON ASEAN REGION
Spread across 10 countries, ranging from tiny Brunei with over 120,000 citizens to the over 250 million in Indonesia, spread over almost 13,500 islands, the ASEAN region is one of the most diverse and dynamic in the world.
— DNA

UKABC Sizzling Southeast Asia Roadshow 2019
We are in the Asia Century and Southeast Asia (ASEAN) is the world’s third fastest-growing economy behind India and China.
— UK-Asean Business Council (roadshow announcement)

Sarawak looks at being central to ASEAN Power Grid
Sarawak is looking at being the central provider of the ASEAN Power Grid as the regional powerhouse, says Deputy Chief Minister Tan Sri Dr James Masing.
— The Edge Markets

Palace pulls all stops to ensure successful PH hosting of 10th ASEAN Para Games next year
In Memorandum Circular No. 67 issued by Executive Secretary Salvador Medialdea, government agencies and local government units have been asked to extend support to the Philippine Sports Commission (PSC) and Philippine Paralympic Committee (PPC) in the preparation, organization, and hosting of the upcoming regional games.
— Manila Bulletin

Asean must set up a court for environmental justice
We need to see more people prosecuted for environmental crimes like the haze, says Ronald Benjamin.
— Aliran

Clear skies for “Cloud Kitchens’ in the ASEAN region?
Increasing demand for online food deliveries has created a paradigm shift in the foodservice industry. Virtual kitchens that exclusively serve online customers are becoming increasingly common. How will they impact Southeast Asian digital markets?
— Asean Today

Youth leaders arrive in Phuket for US-Asean Summit
The US Department of State has brought together 150 emerging leaders between the ages of 18 and 35 from all 10 Asean member states and Timor-Leste for advanced leadership training, collaboration and networking at a summit being held in Phuket today (Sept 30).
— The Phuket News

Leveraging Asean’s diversity
ASEAN’S diversity presents challenges for Singapore companies looking to expand abroad, but these challenges can be reframed as opportunities, said a group of panellists at a roundtable organised by The Business Times (BT) and presented by HSBC on Sept 24.
— The Business Times

Is ASEAN’s Manufacturing Productivity Really Equivalent to China in the 1990’s?
At Dezan Shira & Associates, the publisher of ASEAN Briefing, we have been actively engaged in advising and assisting foreign investors into the region for the past 15 years. That essentially came following 12 years advising clients in China.
— Asean Briefing

Tech startups compete to represent PH at the ASEAN Rice Bowl Startup Awards 2019
It has been predicted that by 2050, the Philippines will reach 145 million in population and will become the 16th largest economy in the world. The country’s startup scene is active due to the vibrant ecosystem of investors, angels, and government support.
— Rappler (media release)

CKGSB Hosts ASEAN Global Leadership Programme in China
39 ASEAN business leaders and senior government officials experience an eye-opening and inspiring week in China.
— asia one / PR Newswire (media release – extremely invasive popups)

ASEAN’s Leading Scientific Instrument and Laboratory Equipment Exhibition (LABASIA 2019) to Return Next Month at PWTC Kuala Lumpur
Latest international trends of scientific and analytical laboratory expertise will be showcased at the upcoming LABASIA 2019, Malaysia 7th International Scientific Instrument and Laboratory Equipment Exhibition and Conference.
— Yahoo Finance/ Cision (media release)

Cambodia morning newsCambodia morning news

Compiled by Raksmey Khoem          @raksmey.aecnews

 

At a Cambodian Lake, a Climate Crisis Unfolds
A trifecta of climate change, hydropower dams and illegal fishing are threatening the Tonle Sap, and the people who rely on its fish.
— The New York Times

110 Dead and 274 Injured during Pchum Ben Days
least 110 people deceased and 274 others injured by road accidents during the 15 days of Pchum Ben, counting from 14-29 September 2019, according to the National Police Commissariat’s report dated Monday.
— Fresh News

Sar Kheng: Cambodia is still negotiating to keep EBA, GSP status
Minister of Interior Sar Kheng has said that Cambodia is still trying to keep its access to the EU’s Everything But Arms (EBA) agreement and the US’ General System of Preferences (GSP) through negotiations.
— The Phnom Penh Post 

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews

 

World Bank Approves $150 Million Geothermal Energy Loan
The World Bank’s Board of Executive Directors has approved a US$150 million loan for Indonesia to scale up investments in geothermal energy by reducing the risks of early-stage exploration.
— Tempo.co

Russia grants free e-visas for Indonesians visiting St. Petersburg and the Leningrad region
Indonesians who love to travel abroad are no stranger to the ordeal of laborious visa applications, given that our passports are simply not powerful enough to take us very far
— Coconuts

Indonesia’s extramarital sex ban could be disastrous for country’s tourism industry
Tourists in Bali could be forgiven for forgetting that they are visiting the country with the largest Muslim population in the world.
— SCMP

See here for more of today’s Indonesia morning news

Lao PDR morning newsLao PDR morning news

Compiled by Raksmey Khoem         @raksmey.aecnews

 

Infrastructure development, tourism key for economic growth in Laos: ADB
The move follows the recent release of the new Asian Development Bank (ADB) forecast which showed the country’s economic growth remaining moderate in 2019 and 2020 as expansion in the industry and services sectors softened in the first half of 2019 due to fewer foreign travellers.
— ANN/Vientiane Times

Laos becomes party to two more UN treaties
The government has become a party to the United Nations Convention on Contracts for International Sales of Goods, hoping to use the law to protect its international trade interests.
— Vientiane Times (paywall)

Planning, state inspection teamwork targets socio-economic development plans
The Ministry of Planning and Investment and the State Inspection Authority are continuing to push for better cooperation in response to the challenges of implementing the government’s socio-economic development plans.
— Vientiane Times (paywall)

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men         @MenSreypov

 

Malaysia set to roll out 55 5G use cases across 32 sites worth RM116m
Eight companies will be investing RM116 million to roll out 55 5G use cases across 32 sites in six states in Malaysia for a six-month period from October 1, 2019 till March 31, 2020. In a media briefing today.
— Malay Mail

M’sia-China Business Council hopes Budget 2020 will drive domestic economy
The Malaysia-China Business Council (MCBC) hopes that the government will announce initiatives and incentives that will drive the country’s economic growth in the upcoming Budget 2020 on Oct 11.
— The Sun Daily

China’s Might Prevents Muslim Nations from Criticizing It, Mahathir Says
China’s economic and military strength may have prevented Muslim nations from criticizing its repression of the ethnic Uyghur minority, and Southeast Asian nations from questioning Beijing’s increasingly assertive actions in the South China Sea, Malaysian Prime Minister Mahathir said.
— Radio Free Asia

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men         @MenSreypov

 

Myanmar Among World Bank’s Top 20 for Business Ease Improvements
Myanmar has won praise from the World Bank for reforms aimed at attracting foreign investment.
— Irrawaddy

Need to raise tourism promotion budget to increase national revenue: Yangon govt
To increase the revenue of the nation, a bigger budget needs to be allocated for tourism promotion activities, according to Naw Pan Thinzar Myo, the Yangon Region Minister for Kayin Ethnic Affairs and the deputy chairman of the regional tourism committee.
— The Global New Light of Myanmar

UN calls for internet resumption in Rakhine
The United Nations in Myanmar has urged the Government to end the shutdown of mobile internet services in Ponnagyun, Mrauk-U, Kyauktaw, and Minbya Townships in Rakhine State, according to a press release 30 September.
— Mizzima

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu

 

BSP expects 0.6-1.4% Sept. inflation
THE OVERALL increase in prices of widely used goods could have clocked in at its slowest clip in at least three years last month, as a decline in rice prices and electricity rates was partly offset by higher prices of fuel at the pump and other food items, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
— BusinessWorld

African Swine Fever reaches Pangasinan; at least 71 pigs culled
African Swine Fever (ASF) has reached Pangasinan after blood samples of hogs suspected to be suffering from ASF tested positive for the virus.
— Eagle News

PHL stands to lose P30B in Aussie loan due to Duterte order
The Philippines risks missing a P30 billion loan from the Australian government for the modernization of the Philippine Navy because of President Rodrigo Duterte’s order stopping negotiations and agreements from countries that backed a United Nations probe on the bloody war on drugs.
— GMA Network

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews

 

Some Acuvue contact lenses recalled after foreign particles found in products overseas
Some Acuvue contact lenses for astigmatism are being recalled here after foreign particles were allegedly found on the contact lenses in other countries, Johnson & Johnson Vision Care said on Monday (Sept 30).
— The Straits Times

Singaporeans misled into paying more for holidays by online travel booking sites: Competition watchdog
Some travellers using online travel booking sites have ended up paying more than they bargained for because of the non-transparent pricing and marketing practices used on these sites, said the competition watchdog.
— The Straits Times

S’pore Starbucks is 8th most expensive Starbucks in the world
If you have ever caught yourself thinking “wah, Starbucks quite expensive ah” no fret, everyone probably thinks that as well.
— Mothership

See here for more of today’s Singapore morning news

Thailand morning newsThailand morning news

Compiled by John Le Fevre         @photo_journ

 

Thailand PM considers moving capital as Bangkok congestion takes toll
Thailand could be the next nation in south-east Asia to relocate its capital after Prime Minister Prayut Chan-o-cha hinted such a move could be a “possibility” under his government.
— The Guardian

August exports fall 2.1% y-o-y, but trade surplus widens
Thailand’s August current account was a surplus of $3.99 billion, after July’s surplus of $1.77 billion, the central bank said on Monday.
— Bangkok Post

Mask On: PM2.5 Smog Returns to Bangkok
Mask on, it’s not fog. The capital on Monday morning found itself ranked as the second most polluted city in the world, according to an independent monitoring service.
— Khaosod English

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men         @MenSreypov

 

Lower tariffs may demotivate investment in new solar power plants
Investors are concerned that a proposed reduction in solar power prices could slash their profits and demotivate investment in new plants.
— VnExpress

Shoes and Clothes Made in Vietnam? Try Phones and PCs
LG Electronics said this year it would cut smartphone production at home in South Korea and move it to Vietnam, according to Korean news reports.
— VOA Cambodia

Vietnam receives more foreign visitors in 9 months
Vietnam hosted nearly 12.9 million international arrivals in the first nine months of this year, surging 10.8 percent against the same period last year, according to the Vietnam National Administration of Tourism on Monday.
— Xinhua

See here for more of today’s Vietnam morning news

 

 

About Asean morning news.

Asean morning news roundup and its individual country morning news roundups are the most comprehensive hand-curated selection of Asean English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Asean English language news today.

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