Asean Morning News For June 23

Asean Morning News For June 23

Asean Morning News Compiled by Stella-maris Ewudolu    @stmarisewudolu   New heights for ASEAN–China commercial diplomacy in aviation In 2010 ASEAN and China concluded an air transport agreement to establish a liberalised market access regime for both sides’ airlines. Yet the benefits from the arrangement were unbalanced, with China making much bigger gains in access than the […]

Thailand Morning News For June 23

Thailand Morning News For June 23

Thai-Chinese high-speed train project is a big flop: Dr Nualnoi Trirat Scholars participating in a panel discussion on the Thai-Chinese high-speed train project between Bangkok and Nakhon Ratchasima at Chulalongkorn University on Thursday were skeptical with the project with one of them predicting that the project is bound to be a big flop. — Thai […]

Cambodia Morning News For June 23

Cambodia Morning News For June 23

1.1 tons of cocaine hidden among frozen mackerel The authority said yesterday this was the biggest cocaine smuggling haul found in China in recent years. The cocaine, packed in a container, was scheduled to be transported from South America to Cambodia, stopping in Shanghai for the goods to be transferred. — ECNS Uber begins trial […]

Indonesia Morning News For June 23

Indonesia Morning News For June 23

World Bank’s Financing Arm to Lend BTPN $100m The International Finance Corporation — the World Bank’s financing arm for the private sector — will provide $100 million in financing and microfinancing for mid-sized lender Bank Tabungan Pensiunan Nasional (BTPN), according to a statement released on Thursday (22/06). — Jakarta Globe Duterte to discuss with Widodo […]

Malaysia Morning News For June 23

Malaysia Morning News For June 23

Singaporean firm to build platform for Malaysia’s life insurers A unit of Singapore-based tech firm Silverlake Axis has won a contract to develop a digital platform for life insurance and takaful providers in Malaysia. — International-Adviser  S&P unconcerned by Malaysia election and corruption uncertainty Political uncertainty surrounding upcoming elections and the 1MDB scandal were not […]

Myanmar Morning News For June 23

Myanmar Morning News For June 23

7.9% inflation forecast The average inflation rate in May was 5.96 per cent, with the highest rates reported in Rakhine, Kachin and Shan states, according to the Central Statistical Organisation. – Eleven Myanmar Private investment reach Ks500bn Until mid-June of this fiscal year, total private investment exceeded Ks501 billion, including US$224 million from 24 domestic […]

Lao Morning News For June 23

Lao Morning News For June 23

Consultation process has cleared Pak Beng dam in Laos Construction of the controversial Pak Beng dam in Laos is to start now that the consultation process concluded on Monday, despite demands from local and international civil society groups for a day of the construction until the release of an environmental assessment report from the Mekong […]

Philippines Morning News For June 23

Philippines Morning News For June 23

SEC approves FLI unit’s P6-billion bond offering THE SECURITIES and Exchange Commission (SEC) has approved the application of Cyberzone Properties, Inc. to float up to P6 billion worth of bonds to finance its ongoing developments. — BusinessWorld Online “Philippines should increase share in $20B Asia-Pacific veg market” The Asia-Pacific region has a $20-billion vegetables market, […]

Singapore Morning News For June 23

Singapore Morning News For June 23

The $100 Billion City Next to Singapore Has a Big China Problem The $100 billion city rising from the sea next to Singapore has hit a roadblock: China’s capital controls. — Bloomberg  Singapore: Qualgro spins out $50m ASEAN-focused fund from Gordian Capital platform Qualgro and Gordian Capital today announced the spin out of the QUALGRO […]

Vietnam Morning News For June 23

Vietnam Morning News For June 23

New department launched to accelerate agricultural export The Ministry of Agriculture and Rural Development (MARD) on Wednesday launched Agro Processing and Market Development Authority (AgroTrade). – Viet Nam News Bizhub Will FDI in Vietnam retreat after FED raises the interest rate? FED has decided to raise the prime interest rate by another 0.25-1.25 percent per […]

Thailand English-language News For June 22

In Thailand English-language News for June 22, 2017, Newsline presenter Sandra Hanutsaha tells us about: 00:38 | Thais continue to travel to Bangkok to pay their respects to the late king Bhumibol Adulyadej. In Ubon Ratchathani and Ratchaburi provinces, civil servants and members of the public gathered to make artificial flowers for his funeral. 02:02 | Prime Minister General […]

Asean Morning News For June 22

Asean Morning News For June 22

Asean Morning News Compiled by Stella-maris Ewudolu    @stmarisewudolu   Philippines To Host Asean Youth Conference 2017 Pampanga, in Central Luzon the Philippines, is to host the inaugural Asean Youth Conference between November 10-13 as part of Asean’s 50th anniversary celebrations. – AEC News Today Balanced risks hold prospects stable Available data suggests that the economy of […]

Thailand Morning News For June 22

Thailand Morning News For June 22

Uneven growth holds back recovery The economy gained traction at the start of the year supported by healthy household spending, as better weather boosted farming income. However, while a robust performance in the tourism sector ushered in an improvement in exports, rising imports limited the external sector’s contribution. – Focus Economics PM No loan to […]

Cambodia Morning News For June 22

Cambodia Morning News For June 22

Cambodia’s Central Bank Pushes Ahead with Blockchain Payments Trials Cambodia’s central bank has revealed plans to continue to develop interbank payment solutions using blockchain. — CoinDesk  Cambodian PM Hun Sen tells opponents to ‘prepare coffins’ Cambodia’s premier on Wednesday (June 21) told his critics and political opponents they faced elimination and should “prepare coffins”, an […]

Malaysia Morning News For June 22

Malaysia Morning News For June 22

Solid Q1 performance fuels forecast upgrade The economy seems to have started Q2 on a downbeat note according to recent economic indicators. In April, industrial production growth slowed as a result of a contraction in the mining sector, which more than offset an acceleration in the manufacturing sector. –Focus Economics  Gamuda top pick for KL-Singapore […]

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