Lao morning news for May 20

Lao morning news for May 20

Laos-Japan trade grows, tourist flow drops Laos has raised its trade value targets, including imports and exports, with Japan this year after an increase in the annual trade value of both countries. — ANN/ Vientiane Times OPINION: Telex abolished, obstacles remain in tourism Tourism police have cancelled the telex process after tour operators’ longstanding demand […]

Indonesia morning news for May 20

Indonesia morning news for May 20

State budget deficit reaches Rp 101 trillion in April The Finance Ministry announced that the state budget deficit had reached Rp 101 trillion (US$6.97 billion) as of April this year, compared to the deficit of Rp 54.9 trillion in the corresponding period, last year. — The Jakarta Post Indonesia on edge as Islamist group plans […]

Philippines morning news for May 20

Philippines morning news for May 20

Malacanang nixes foreign funding of PH media Malacañang is opposed to the foreign funding of some media entities especially when such resources are supposedly used to “demonize” the government. — Tempo Economic cluster to review spending target The Duterte cabinet’s Economic Development Cluster (EDC) is set to review this week the government’s spending target to […]

Lao morning news for May 17

Lao morning news for May 17

Electricity imports to drop, exports to drive growth in Laos The amount of electricity imported by Laos is likely to drop in 2019 as the country witnesses a surge in electricity generation, local daily Vientiane Times reported on Thursday. — Xinhuanet Infrastructure restoration underway in flood-hit Sanamxay district The restoration of roads and construction of […]

Indonesia morning news for May 17

Indonesia morning news for May 17

Indonesia Has a Grand $412 Billion Plan to Rebuild the Country Indonesia is drafting ambitious plans for more than $400 billion in building projects, from constructing 25 airports to new power plants, as the government seeks to stoke growth in Southeast Asia’s largest economy, according to the country’s planning minister. — Bloomberg Investigation Finds Indonesia’s […]

Philippines morning news for May 17

Philippines morning news for May 17

Powering up & switching on: TFSEP2019 to focus on Philippines energy security Like many other Asean member states the Philippines is rapidly running out of electricity. Demand is expected to more than double to more than over 40,000 megawatts (MW) by 2040, propelled by a rapidly growing population and industrialisation. AEC News Today (video) Government […]

Lao morning news for May 16

Lao morning news for May 16

Laos Dam Collapse Blamed on Substandard Construction Poor construction methods, with soil used in place of concrete, are now being blamed for a fatal hydropower dam collapse last year in Laos in what has been called the country’s worst flooding in decades. — Radio Free Asia Border bottlenecks hinder Lao imports: Study Limited procedural knowledge […]

Indonesia morning news for May 16

Indonesia morning news for May 16

Prabowo Says He Will Reject Fraudulent Election Result Presidential candidate Prabowo Subianto said he will reject the official election result set to be announced by the General Elections Commission, or KPU, on May 22, arguing that a “structured, systematic and massive” vote-rigging had plagued both the presidential and legislative elections on April 17. — Jakarta […]

Philippines morning news for May 16

Philippines morning news for May 16

Deficit-to-GDP ratio eases to 2.1% in Q1 The national government’s fiscal deficit as a share of the country’s gross domestic product (GDP) narrowed in the first quarter as expenditure effort declined due to the delay in the 2019 budget, according to the Department of Finance (DOF). — The Philippine Star Duterte blames lawmakers’ pursuit of […]

Duterte blames lawmakers’ pursuit of pork for Q1 slump (video)

Duterte blames lawmakers’ pursuit of pork for Q1 slump (video)

President Rodrigo Duterte blamed the nation’s lawmakers over the weekend for the country’s sluggish gross domestic product (GDP) growth in the first three months of this year. Speaking at a Hugpong ng Pagbabago’s (HNP) miting de avance rally the President said that if the budget had been approved on schedule and disbursements were able to […]