Asean morning news for September 27

Compiled by Stella-maris Ewudolu @stmarisewudolu

US President agrees to visit Thailand for the 35th ASEAN Summit later this year in Bangkok
US President Donald Trump may be on his way to Bangkok to attend the Asean Summit which takes place from the end of October to the beginning of November this year.
— Thai Examiner.com

Meeting reviews Defence Ministry’s preparations for ASEAN Year 2020
Deputy Defence Minister Nguyen Chi Vinh and Deputy Foreign Minister Nguyen Quoc Dung co-chaired a working session in Hanoi on September 26 to review preparations for ASEAN Year 2020 and Vietnam’s assumption of a non-permanent seat in the UN Security Council.
— Vietnam+

‘PHL, rest of Asean will take a hit from trade row as exports slow down’
THE trade conflict between the United States and China may be benefiting the Philippines in the short run, but the country, as with fellow Southeast Asian countries, is bound to take a stronger hit from an overall slowdown in export demand if the tariff war is protracted.
— BusinessMirror

SE Asian nations aim to regulate Big Tech
Southeast Asian governments are banding together to take on global tech giants on issues including “fake news” and taxation, marking a new stage in the region’s approach to the Internet’s explosive growth.
— Clobal Times

Malaysia to host High Dialogue on ASEAN–Italy Economic Relations 2020
Malaysia has been chosen to be the host country for the High Dialogue on ASEAN — Italy Economic Relations 2020, June next year, according to the Malaysian Investment Development Authority (MIDA).
— The Edge Markets

ASEAN vehicle to population list – the correct facts
Everybody loves a list, especially when it’s relatively easy to cobble data together and come up with a fast, colourful graphic highlighting the relevant numbers in an easy-to-digest fashion these days.
— paultan.org

Korean banks’ rapid expansion in ASEAN not without risks – Fitch
South Korean financial firms’ rapid expansion in the Southeast Asian market is not without its risks, with their strategies set to create a negative impact on their operating environment scores and credit ratings, according to Fitch Ratings.
— Asia First

Economic diplomacy: Tourism power, defining China, and Vietnam jackpot
Last Thursday as Australia’s Foreign Minister Marise Payne was talking up the role of values in foreign policy to a business audience in Canberra, Indonesia was promoting its tourism investment opportunities to a different business gathering in Sydney.
— theinterpreter

PEACETALK: Lessons from ASEAN on how countries can settle a conflict through peaceful means
Remarks of Indonesia’s Vice Minister for Foreign Affairs Abdurrahman Mohammad Fachir at the seminar on the outcome of a research project of the Association of Southeast Asian Nations – Institute for Peace and Reconciliation (ASEAN-IPR).
— Minda News (transcript)

Electricity engineers from HCMC receive ASEAN professional certification
Six engineers from Ho Chi Minh City Power Corporation (EVNHCMC) received the certificates of ASEAN professional engineers at the 37th Conference of ASEAN Federation of Engineering Organizations (CAFEO 37) in Jakarta, Indonesia.
— SGGP

CFLD Int’l showcases projects at 16th China-ASEAN Expo
CFLD International, the international arm of China Fortune Land Development, an end-to-end master planner, creator and operator of full-scale New Industry Cities, is pleased to have showcased its capabilities and international project opportunities at the 16th China-ASEAN Expo on Sept. 26, 2019 in Singapore.
— China.org.cn

Tax Cut Makes Assam Investment-Friendly in ASEAN: Sarbananda Sonowal
Chief Minister Sarbananda Sonowal has said that the recent cut in corporate taxes by the Government of India is a historic step that is set to benefit Assam and other States in the Northeast.
— The Sentinel

Three winners of 4th ASEAN Entrepreneur Award at World Knowledge Forum
The fourth ASEAN Entrepreneur Award ceremony co-hosted by Maeil Business Newspaper and the ASEAN KOREA CENTRE under the auspices of Korea’s Ministry of Foreign Affairs and the ASEAN Secretariat took place on Thursday, the second day of the World Knowledge Forum at the Jangchung Arena in Seoul.
— Pulse

Vietnamese, Lao top legislators hold talks
Chairwoman of Vietnam’s National Assembly Nguyen Thi Kim Ngan and her Lao counterpart Pany Yathotou held talks in Vientiane on September 26 during her ongoing visit to Laos.
— Vietnam+

Two Vietnamese CEOs named as top Asian ‘Power Businesswomen’
The Forbes’s 2019 listing, which honours women who play a significant role in shaping Asia’s business landscape, named Vietjet CEO Nguy�…n Thị Phương Thảo as the only woman to have started and run her own commercial airline.
— Viet Nam News

Cambodia morning news

Compiled by Raksmey Khoem @raksmey.aecnews

Rice Exports to EU Plummet After Tariffs
Rice exports to China have overtaken shipments to Europe this year after the E.U. imposed tariffs in January to protect its rice growers.
— VOD

ADB: Cambodia’s GDP Continues to Be Healthy
The Cambodian economy remains on track to grow strongly this year despite a slower-than-anticipated rise in agricultural production, says a new report by the Asian Development Bank (ADB) released today.
— AKP

Ex-CNRP Official’s Arm Broken by Attackers as Rainsy Raises Nine Fingers
A former opposition commune chief’s arm was broken on Wednesday by unidentified, baton-wielding attackers in the second daylight assault of a CNRP supporter in Phnom Penh this week.
— VOD

See here for more of today’s Cambodia morning news

Indonesia morning news

Compiled by Justhine De Guzman Uy @justhine.aecnews

Indonesia on high alert as economic slowdown may further reduce tax revenue
The government is on high alert over a possible increase in tax shortfall this year as the economic slowdown is likely to continue until the end of the year.
— The Jakarta Post

Govt Prepares Rp5tn for 2020 Disaster Relief
The government is allocating Rp5 trillion for natural disaster relief funds in the 2020 State Revenue and Expenditure Budget (APBN).
— Tempo.co

Indonesia forest fires have ‘major impact’ on climate, 360m tonnes of CO2 released since August: Masagos
Forest and land fires burning in Indonesia have released 360 million tonnes of carbon dioxide since August, said Singapore’s Minister for the Environment and Water Resources Masagos Zulkifli on Thursday (Sep 26).
— CNA

See here for more of today’s Indonesia morning news

Lao PDR morning news

Compiled by Raksmey Khoem @raksmey.aecnews

ADB outlook expects moderate Lao economic growth
Additionally, the near stagnation in electricity exports and generation despite a slight recovery in the agriculture sector was a cause for weak growth.
— ANN/Vientiane Times

Lao Ambassador awarded with Vietnam’s friendship medal
The Vietnam Union of Friendship Organisations (VUFO) presented the medal “For Peace and Friendship among Nations” to Lao Ambassador to Vietnam Thongsavanh Phomvihane at a ceremony in Hanoi on September 26 on the occasion of his ending tenure in Vietnam.
— Vietnam Plus

Rabies a significant threat to Asian livestock production, regional cooperation needed to eradicate the disease
While rabies continues to present a threat to human health, in many parts of Asia livestock are also at risk of exposure and greater efforts are needed to eradicate the disease, the Food and Agriculture Organization of the United Nations (FAO) said yesterday.
— Vientiane Times (paywall)

See here for more of today’s Lao morning news

Malaysia morning news

Compiled by Sreypov Men @MenSreypov

Malaysia arrests 16 for suspected ISIL links, plotting attacks
A dozen Indonesians, three Malaysians and an Indian woman also accused of trying to recruit members and collect funds.
— Aljazeera

PLN signs MoU on exporting 600 MW of electricity to Malaysia
Indonesian state-owned electricity company PLN on Wednesday signed a memorandum of understanding (MoU) with its Malaysian counterpart, Tenaga Nasional Berhad (TNB), to begin a feasibility study on exporting 600 MW of power to TNB.
— The Jakarta post

Malaysia Tax Agency Issues Public Ruling Clarifying Tax Treatment of Trade Debts
The Malaysian Inland Revenue Board Sept. 24 issued a public ruling to clarify the tax treatment of trade debts.
— Bloomberg Tax

See here for more of today’s Malaysia Morning News

Myanmar morning news

Compiled by Sreypov Men @MenSreypov

Economy to improve as Myanmar opens up to foreign investment
Myanmar’s economy is forecast to expand to 6.4 percent in the current fiscal year and pick up to 6.8 percent in the next, according to a report on the economy in Southeast Asia released by the Institute of Chartered Accountants in England and Wales (ICAEW) on Tuesday.
— Myanmar Times

Leaked Govt Memo Warns of Attack on Myanmar Capital; Embassies Issue Security Alerts
Police were deployed across Naypyitaw on Thursday but representatives of ethnic armed groups have said there is no plan for any such attack.
— Irrawaddy

Two Myanmar Electricity Ministry Officials Arrested for Corruption
Anti-Corruption Commission accuses two Hydropower Implementation Department directors of taking bribes from firms working on Yeywar Dam project.
— Irrawaddy

See here for more of today’s Myanmar morning news

Philippines morning news

Compiled by Stella-maris Ewudolu @stmarisewudolu

‘More effort needed to ease doing biz in PH’
ALTHOUGH the Philippines has done much to make doing business in the country easier, an officer of P&A Grant Thornton said it still had to do more, and local government units (LGUs) could play a key part in this.
— Manila Times

OSG: Rappler ban due to outfit’s failure to meet accreditation requirements
Rappler was not physically allowed to cover President Rodrigo Duterte simply because it failed to meet the requirements for media accreditation.
— Eagle News

Deal on use of hybrid rice seeds inked
The government and industry stakeholders have signed a memorandum of agreement (MOA) on a program that encourages farmers to use inbred or hybrid seeds to increase their harvest and become competitive.
— Philippine News Agency

See here for more of today’s Philippines morning news

Singapore morning news

Compiled by Justhine De Guzman Uy @justhine.aecnews

Singapore is the world’s second most digitally competitive country, after the US
Singapore has retained its position as the world’s second most digitally competitive country, after the United States, in the latest edition of the IMD World Digital Competitiveness Ranking.
— The Straits Times

Coffee product sold online contains banned weight-loss drug: HSA
A coffee product sold online and marketed as being able to help consumers achieve weight loss in just one week has been found to contain a prescriptive drug banned in Singapore since 2010 because of an increased risk of heart attacks and strokes.
— Channel NewsAsia (very annoying popups)

Number of dengue cases rises past 12,000 even with closure of 229 clusters in past month
Almost 230 dengue clusters were closed in the last month alone, although the total number of cases of dengue has risen from a month ago.
— Straits Times (annoying popups)

See here for more of today’s Singapore morning news

Thailand morning news

Compiled by John Le Fevre @photo_journ

3 districts of capital hit by toxic smog
Ultra-fine PM 2.5 dust particles in the air exceeded the so-called safe level in three districts of Bangkok on Thursday, prompting concerns over a possible recurrence of hazardous smog in the capital.
— Bangkok Post

Govt mulls end of fast train plan
The government may scrap three high-speed rail projects after being spurned by private investors, a source at the Transport Ministry said.
— Bangkok Post

See here for more of today’s Thailand morning news

Vietnam morning news

Compiled by Sreypov Men @MenSreypov

Việt Nam reduces petroleum imports
Việt Nam imported more than 6.5 million tonnes of petroleum products from January to September 15, spending US$3.97 billion, according to the General Department of Customs.
— Viet Nam News

VN seafood industry work hard to combat illegal fishing, get rid of EU yellow card
The Việt Nam Association of Seafood Exporters and Producers and fisheries companies have pledged to with authorities and fishermen to meet EU demands on fighting IUU (illegal, unreported and unregulated) fishing.
— Viet Nam News

Vietnam Cuts Enterprise Registration Fees
Vietnam’s Ministry of Finance issued Circular No 47/2019/TT-BTC reducing enterprise registration certificate (ERC) fees or business registration fees by half. The new circular went into effect on September 20.
— Vietnam Briefing

See here for more of today’s Vietnam morning news

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