Asean morning news for September 24

Asean morning news for September 24

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


ASEAN faces more risks ahead of next downturn
Several structural shifts have left ASEAN more exposed to an economic downturn than during the last global financial crisis a decade ago.
— The Asean Post

India walks a tight rope as RCEP negotiators meet in Vietnam for final talks
The negotiations for the Regional Comprehensive Economic Partnership (RCEP) are poised towards conclusion with negotiators from the 16 member countries are trying to tie all the loose knots in an on-going meeting in Vietnam this week.
— The Hindu Business Line

Data will help ASEAN banks fend off challengers
The announcement in June that the Monetary Authority of Singapore (MAS) would allow up to five new digital banking licenses, coinciding with the Hong Kong Monetary Authority (HKMA) issuing a number of virtual banking licenses over past months, has served to reinforce the urgency for banks to automate and digitalise their businesses.
— The Business Times (very annoying popups)

ASEAN Wants a U.S. Counterbalance to Chinese Regional Ambitions
Reflecting on the future of Sino-American competition in Asia, the late Singaporean Prime Minister Lee Kuan Yew argued that there is a widely “held consensus that the U.S. presence in the region should be sustained,” because “military presence does not need to be used to be useful,” and that American “presence [alone] makes a difference and makes for peace and stability in the region.”
— The National Interest

Swine fever hitting five ASEAN countries reaches the Philippines
The list of South East Asian countries affected by African swine fever (ASF) increased with the inclusion of the Philippines, sources from the Agriculture Department confirmed on Monday.
— Prensa Latina

Defense Dialogue Puts Vietnam-Thailand Security Ties into Focus
The latest iteration of the interaction highlighted the areas of defense collaboration both sides are looking to make inroads on.
— The Diplomat

Reform agenda for IPR in the ASEAN
“The importance of IPR (Intellectual Property Rights) in progress: reform agenda for ASEAN countries” — will be launched at Holiday Inn Makati. It will be jointly sponsored by the Geneva Network (GN, UK) and Minimal Government Thinkers (MGT).
— BusinessWorld

China Focus: China, ASEAN embrace shared future along Belt and Road
The Belt and Road Initiative (BRI) provides momentum for regional economic integration and connectivity, helping China and ASEAN forge a closer community of shared future, said Cambodian Deputy Prime Minister Hor Nam Hong.
— XinhuaNet

ASEAN photo and documentary film exhibition to open in Dong Nai
An exhibition of photos and reportage-documentary films on the ASEAN Community launched by the Ministry of Information and Communications will open in the southern province of Dong Nai on September 24.
— Nhan Dan

ASEAN Renewable Energy Market, Forecast to 2023
The ‘ASEAN Renewable Energy Market, Forecast to 2023’ focuses on the past, current, and future growth potential of Renewable Energy (RE) in the ASEAN region. The focus of this study is on three major technologies: solar PV, wind power, and bioenergy (biomass and biogas).
— Cision (media release)

Citira and the Asean tax war
IN early 2016, I wrote of a looming tax war in the Asean Region owing to the integration of the economies of the 10 Asean members under the Asean Economic Community.
— BusinessMirror

China-ASEAN ties reap harvest with shared vision
Pingxiang, a small city in south China’s Guangxi Zhuang Autonomous Region bordering Vietnam, used to see villagers trading smallware such as kettles and cloths for a living in the early 1990s.
— Eleven Myanmar

110 Myanmar accountants awarded ASEAN CPA certificates
A total of 110 public accountants in Myanmar have been awarded ASEAN (the Association of Southeast Asian Nations) Chartered Professional Accountant (CPA) Certificates for meeting with set required standards, the Myanmar Institute of Certified Public Accounts (MICPA), Xinhua reported.
— Mizzima

ASEAN Automotive Aftermarket to Raise at a CAGR of 9.6% over the Forecast Period 2016 – 2026
In Future Market Insights’ market report titled, “Automotive Aftermarket: ASEAN Industry Analysis and Opportunity Assessment, 2016-2026”, poor road infrastructure and extended vehicle life have been identified as profitable factors for the growth of the automotive aftermarket in ASEAN.
— Analytics News

Malaysia equity outflow lowest in Asean on back of global uncertainty
Equity outflow from local bourse remained the lowest amongst Asean’s peers due to continued uncertainty in the global economy.
— MalayMail

Chiang Mai university becomes first Asean nation to grow own breed of cannabis
The Maejo University in Chiang Mai province has been successful in developing the first industrial grade Thai-breed medical cannabis, making Thailand the first country in ASEAN to develop its own breed of medical cannabis, Deputy Prime Minister and Minister of Public Health Anutin Charnvirakul said on Saturday (September 21).
— AsiaOne (very annoying popups)

Measures sought to support firms in exporting to ASEAN market
A conference was held in Hanoi on September 23 to seek solutions to support and create favourable conditions for businesses to export goods and services to the ASEAN market.
— Vietnam+

2019 ASEAN-Chengdu Economic and Trade Cooperation Week ends today in Chengdu
Every week, Chengdu sees 229 direct flights to Thailand, Malaysia, Vietnam, Indonesia, Cambodia, Laos, the Philippines and other Southeast Asian countries.
— Digital Journal (media release)

The Dramatic Growth of Methamphetamine Production in the Mekong Region
Shipments of methamphetamine have moved from Thailand to Malaysia and then other parts of Asia. There have been pronounced volume of methamphetamine to Lao, to circumvent the heavy controls that Thailand has put in place.
— Chiang Rai Times

Cambodia morning newsCambodia morning news

Compiled by Raksmey Khoem          @raksmey.aecnews


Cambodia warned of flash floods during upcoming Ancestor’s Day holiday
Cambodia warned of flash floods during the upcoming Pchum Ben festival, or the Ancestor’s Day, which will be celebrated from Sept. 27 to 29, according to a Ministry of Water Resources and Meteorology’s announcement on Monday.
— Xinhua

Search on again for Kingdom’s best quality rice
The Cambodia Rice Federation has urged rice millers and exporters to join the National Rice Competition 2019 by submitting samples of their rice.
— Khmer Times

Authorities in Cambodia Arrest Two More Opposition Activists, Bringing Total to 29 Detained in 2019
Authorities in Cambodia’s Ratanakiri province arrested two more activists from the country’s banned opposition Cambodia National Rescue Party (CNRP) over the weekend, bringing to 29 the total number detained since the start of the year.

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Lion Air Group Cancels 21 Flights due to Haze
Mentari Lion Airlines has canceled 21 flights on Batik Air and Wings Air due to the haze that still occurs in Sumatra and Kalimantan.

Death Toll Rises to 20 in Papua Unrest; Hundreds Arrested
Unrest that broke out in Jayapura and Wamena in Papua Province on Monday has claimed the lives of at least 20 people, while dozens more were injured, officials said.
— Jakarta Globe

Indonesia blames 737 MAX design for Lion Air crash
Indonesian authorities have cited failures in the Boeing 737 MAX design and oversight as contributing to the 2018 Lion Air plane crash, the Wall Street Journal reported on Sunday.
— The Asean Post

See here for more of today’s Indonesia morning news

Lao PDR morning newsLao PDR morning news

Compiled by Raksmey Khoem         @raksmey.aecnews


Laos to stop quality testing of electronic, electric appliances
This has led to the rise in import procedures and the costs have increased, according to an update on the official website of the Ministry of Industry and Commerce last week.
— ANN/Vientiane Times

Laos: Govt committee formed to study medicinal marijuana
The Prime Minister’s Office recently issued an announcement appointing the Minister of Health, Associate Professor Dr Bounkong Syhavong to chair the committee.
— ANN/Vientiane Times

Thai NGOs Speak Out Against Proposed Dam in Laos
A new dam planned for construction on the Mekong River in Laos is causing great concern for environmental NGOs from Thailand, who say Laos’ fifth big dam on the river will have adverse effects on fish and people in the region.

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men         @MenSreypov


KL remains most internationally connected low-cost carrier megahub
Asia Pacific airports have a strong presence in the low-cost carrier (LCC) category, with Kuala Lumpur keeping its title as the world’s most internationally connected LCC megahub.
— The Star Online

Tax exemptions for employers who pay workers’ education loans
The National Higher Education Fund Corporation (NHEFC) will redouble effort to attract more employers to assist their workers pay outstanding study loans, said its chairman Wan Saiful Wan Jan.
— The Borneo Post

Young people’s debt woes bode ill for economy
Young people, who are considered prime contributors to economic growth, are spending way beyond their means, and this has brought many of them to the brink of bankruptcy.
— The Sun Daily

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men         @MenSreypov


Myanmar to launch Yangon-Mandalay railroad upgrading project
Myanmar has planned to launch the first phase of Yangon-Mandalay railroad upgrading project (Yangon-Toungoo) beginning Oct. 1, according to the Myanmar Railways (MR) Monday.
— Xinhua

Possible corruption in some State-owned businesses without reform: report
Expense of State-owned businesses will hit US$8 billion in the coming fiscal year and corruption is likely to be in some businesses if there is no significant reform, according to a report from MATA (Myanmar Alliance for Transparency and Accountability).
— Eleven Myanmar

How Myanmar’s Military Chief Could Become President
Have you ever entertained the notion that Myanmar’s military chief, Senior General Min Aung Hlaing, could be the president of the country after the 2020 election? No one should underestimate him, as politics here are more unpredictable than anywhere. Still, the possibility depends on at least one big “IF”.
— Irrawaddy

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


Philippines police told to stop manhunt after Duterte reward
Philippine President Rodrigo Duterte’s top justice official urged police on Friday to abort a manhunt for dozens of potentially dangerous convicts freed over the past few months, fearing violence after the president offered generous rewards to kill or capture them.
— Al Jazeera

Filipinos give thumbs up to Duterte’s ‘excellent’ drugs war: Poll
Philippine citizens are overwhelmingly satisfied with President Rodrigo Duterte’s bloody war on drugs, a survey showed, giving a boost to a government outraged by an international push to investigate allegations of systematic murders by police.

The last frontier: Get the low-down on investing in Puerto Princesa in Manila, Sept 25
A seminar in Manila on Wednesday (Sep 25) aims to boost foreign investment in Puerto Princesa, Palawan Island in the western Philippines, regarded by many as one of the Philippines’ ‘last frontiers’.
— AEC News Today

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Singapore to avert technical recession in Q3, but support still warranted: DBS
Singapore’s economy is expected to avert a technical recession in the third quarter this year, thanks to a mild improvement in the manufacturing sector, though support is still warranted, according to a latest report by DBS Group Research.
— Straits Times (annoying popups)

Singapore’s core inflation in August remains at 3-year low
Singapore’s core inflation rose 0.8 per cent year-on-year in August, unchanged from the previous month when it eased to its slowest pace in more than three years.
— Channel NewsAsia (very annoying popups)

SBS, SMRT submit applications for train fare review
Rail operators SBS Transit and SMRT Trains have submitted their applications for a possible increase in train fares to the Public Transport Council (PTC).
— Channel NewsAsia (very 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 spends 560 million USD on EEC development
The Thai government plans to allocate 17 billion baht (560 million USD) for the development of the Eastern Economic Corridor (EEC) in fiscal 2020, according to Kobsak Pootrakool, deputy secretary-general to Prime Minister General Prayut Chan-o-cha.
— Vietnam+

CP given airport link ultimatum
The Charoen Pokphand Group (CP)-led consortium, winner of the bid to build the 224-billion-baht high-speed railway linking three airports, will be told to sign the contract on Oct 15 or face a fine for failing to honour the terms of the bid.
— Bangkok Post

Thailand’s rice exports troubled by strong baht
Thai rice exports are likely to stay below targets as the strong baht weakens competitiveness in the world market.
— Vietnam+

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men         @MenSreypov


VN to reduce 35% HCFCs consumption by 2024
Việt Nam plans to reduce 35 per cent of its Hydrochlorofluorocarbons (HCFCs) consumption by 2024 in an attempt to protect the ozone layer.
— Eleven Myanmar

Vietnam’s Vingroup secures e-wallet licence for payment unit
Vietnamese conglomerate Vingroup has obtained an e-wallet licence from the State Bank of Vietnam for its payment unit VinID, according to an announcement.
— DealStreetAsia

Mom flying to Vietnam ‘to trace footsteps’ of SA son who disappeared 4 months ago
Four months after her son, John Bothma, disappeared without a trace in Ho Chi Minh City (Saigon), Coleen Bothma has finally managed to secure a flight from South Africa to Vietnam where she hopes to get answers.
— News24

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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