Indonesia Morning News For February 15

Indonesia Morning News For February 15

Four sub-holdings established under oil and gas holding company The government is going ahead with its plan to establish an oil and gas holding company, marked by the reorganization Wednesday of state-owned energy company Pertamina, a move that resulted in the removal of the gas directorate, an official has said. — The Jakarta Post Widodo […]

Cambodia Morning News For February 14

Cambodia Morning News For February 14

Government unit publishes 132-page treatise on threat of ‘colour revolution’ The Council of Ministers released a no-holds-barred book about its efforts to root out a purported foreign-backed “colour revolution” in Cambodia yesterday, lashing out at superpowers like the United States for supposedly trying to cause “immeasurable catastrophe” in the country. — The Phnom Penh Post […]

Malaysia Morning News For February 14

Malaysia Morning News For February 14

Malaysia unlikely to face property bubble Malaysia unlikely to face property bubble as the various pre-emptive measures already in to stabilise the market, including measures implemented by Bank Negara Malaysia (BNM). — New Straits Times Ringgit gets boost ahead of GDP announcement The ringgit opened higher against the US dollar this morning as the greenback […]

Vietnam Morning News For February 14

Vietnam Morning News For February 14

MoF urged to revise automobile industry laws The Ministry of Industry and Trade (MoIT) has asked the Ministry of Finance to remove the special consumption tax for locally-manufactured auto parts. — Bizhub Auspicious start for Vietnamese seafood exports to EU Vietnam has enjoyed robust signs in seafood shipments to the EU market in January after […]

Indonesia Morning News For February 14

Indonesia Morning News For February 14

Indonesia’s Bank Danamon fields interest from suitors for insurance unit PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake in its insurance subsidiary, people familiar with the matter said. — DealStreetAsia Transport Ministry Open Registration for Free Motorcycle Shipment The Ministry of Transportation (Kemenhub) […]

Cambodia Morning News For February 13

Cambodia Morning News For February 13

Details of ruling party’s five-year plan to minimise opposition revealed Cambodia’s ruling party will increase surveillance, shut out any opposition “force” and prevent the spread of information that “twists the truth”, according to their five-year political plan, obtained yesterday by The Post. — The Phnom Penh Post Taking Full Credit for Robust Economic Growth, Hun […]

Malaysia Morning News For February 13

Malaysia Morning News For February 13

Malaysia’s RHB Bank to acquire remaining 51% of Vietnam Securities Corporation RHB Bank Bhd, Malaysia’s fourth-largest lender by assets, has announced that it plans to acquire the 51 per cent stake in Vietnam Securities Corporation (VNSEC) it does not currently own for VND121.63 million ($5.37 million) in cash. — DealStreetAsia Malaysia: Mandarin oranges costly this […]

Vietnam Morning News For February 13

Vietnam Morning News For February 13

Gov’t to allow food importers to self declare In a policy turnaround, the Government has said it is determined to assist food and beverage importers and producers by reducing inspection times, costs and criteria, opting for businesses to make self declarations instead of being constantly watchdogged by officials. — Bizhub Textile exports to China growing […]

Indonesia Morning News For February 13

Indonesia Morning News For February 13

Buffalo meat import far exceeds set quota in 2017 The State Logistics Agency’s (Bulog) procurement director, Andrianto Wahyu Adi, said in Jakarta over the weekend that the agency had obtained a permit from the Trade Ministry to import 100,000 tons of buffalo meat this year, exceeding the 2017 quota set by the government by 81 […]

Cambodia Morning News For February 12

Cambodia Morning News For February 12

Cambodia’s economic freedom down slightly last year: report Cambodia’s economic freedom score dropped seven ranks in the annual Economic Freedom Index released by the Heritage Foundation, a US-based, conservative-leaning think tank. — The Phnom Penh Post New cement factory opens in Kampot Chip Mong Insee Cement Corporation (CMIC) launched a new factory in Kampot province […]

Malaysia Morning News For February 12

Malaysia Morning News For February 12

Malaysia needs structural reforms says global investor A renowned global investor has called for structural reforms in Malaysia, saying that the country faces “very real” structural issues. — The Star Online EPF’s 2017 investment income tops RM53b on improved market conditions The Employees Provident Fund (EPF) saw investment income hit RM53.14 billion in 2017, driven […]

Vietnam Morning News For February 12

Vietnam Morning News For February 12

Vietnam’s electronics industry on the rise The rapid growth of the domestic electronics industry has boosted up the employment demands in the country and many firms say they find it difficult to recruit technicians. — The Hanoi Times Fruit, veggie exports estimated at 321 million USD in January Vietnam earned some 321 million USD from […]