Singapore Morning News For May 25

Singapore Morning News For May 25

Singapore Sees Growth Exceeding 2% in 2017 as Exports Climb Singapore’s government gave an upbeat outlook on the economy, saying it will probably expand more than 2 percent this year as exports continue to strengthen. – Bloomberg General Motors expected to downsize Singapore HQ Auto giant General Motors (GM) has reported that it will be […]

Vietnam Morning News For May 25

Vietnam Morning News For May 25

ADB Adds 2 More Vietnamese Banks to Trade Finance Program The Asian Development Bank’s (ADB) Trade Finance Program (TFP) and two Vietnamese banks — An Binh Joint-Stock Bank (ABBANK) and Tien Phong Commercial Joint-Stock Bank (TPBank) — today signed agreements enabling the program to provide guarantees of up to $50 million annually to support trade […]

Cambodia Morning News For May 25

Cambodia Morning News For May 25

Cambodia’s Commune Elections: A Barometer for 2018 Three things to watch in Cambodia’s commune elections that will impact next year’s parliamentary race. – The Diplomat (paywall) CNRP funding vow a ‘problem’ for us: Banh Defence Minister Tea Banh yesterday said the popular appeal of the Cambodia National Rescue Party’s pledge to substantially boost commune budgets […]

Thailand Morning News For May 25

Thailand Morning News For May 25

What’s behind Thailand’s Q1 pickup? Thai policymakers are becoming increasingly worried about the strength of the bhat, as it threatens to undermine the recovery in the country’s all-important external sector. – Focus Economics Private sector wants say in new excise tax The Thai private sector wants to play a part in drafting the organic laws […]

Lao Morning News For May 25

Lao Morning News For May 25

Lao economy forecast to grow 7 percent annually The Lao economy is projected to grow around 7 percent annually between 2017 and 2019, according to the latest edition of the World Bank’s Lao Economic Monitor released in Vientiane on May 24. – VietnamPlus Laos, Thailand agree on master plan THAILAND AND Laos have agreed to […]

Philippines Morning News For May 25

Philippines Morning News For May 25

Market shrugs off Mindanao martial law Investors shrugged off President Duterte’s declaration of martial law as the stock market advanced to its fourth day winning streak yesterday. – The Philippine Star Business group expresses concern over martial law declaration in Mindanao The Philippine Chamber of Commerce and Industry (PCCI) on Wednesday expressed concern over President […]

Thailand English-language News For May 24, 2017

In Thailand English-language News for May 24, 2017, Newsline presenter Cholaphansa Narula tells us about: • Privy Council President, General Prem Tinsulanonda, has represented King Maha Vajiralongkorn Bodindradebayavarangkun at a ceremony to honour the late king Bhumibol Adulyadej and the dowager Queen Sirikit, and all past Thai kings. • Representatives of King Maha Vajiralongkorn Bodindradebayavarangkun and Princess Maha Chakri […]

Malaysia Morning News For May 24

Malaysia Morning News For May 24

Chinese carmaker Geely to acquire Malaysia’s Proton Chinese automaker Geely has agreed to buy struggling Malaysian manufacturer Proton from DRB-Hicom, according to a statement issued on Wednesday (May 24). – Channel NewsAsia Report: Nuclear power plant in Malaysia by 2030? Malaysia could have its own nuclear power plant by 2030 to address the high power […]

Myanmar Morning News For May 24

Myanmar Morning News For May 24

Ye Township Offshore Supply Base construction temporarily suspended Construction on an offshore supply base meant to support the growing oil and natural gas industry in Myanmar (Burma) has been suspended, following protests from residents. The base was being built near Yawthit Village in Mon State’s Ye Township, according to U Thiha Soe, supervisor of the […]

Vietnam Morning News For May 24

Vietnam Morning News For May 24

National Assembly doubtful about 6.7% growth target With economic results in the first four months of the year below the average performance in previous years as reported by the Government, the National Assembly (NA) is afraid that GDP growth in 2017 can hardly meet the 6.7% target. The NA Economic Committee tentatively put GDP growth […]

Cambodia Morning News For May 24

Cambodia Morning News For May 24

Cambodia’s construction sector attracts 4 bln USD investment in 4 months, up 43 pct Cambodia’s construction sector attracted investment projects worth 4 billion U.S. dollars in the first four months of 2017, up 43 percent over the same period last year, according to government figures on Tuesday. – Xinhua New Cambodian plant to open in […]

Thailand Morning News For May 24

Thailand Morning News For May 24

Charoen Pokphand Sets Aside Rp 1.1t for Capex, Acquires 7-Eleven Charoen Pokphand Indonesia, a local unit of the Thai conglomerate, has set aside Rp 1.1 trillion — around $82.5 million — for capital expenditure this year to add production facilities and repair maintenance utilities, the company’s president director said on Tuesday (23/05). – Jakarta Globe […]

Lao Morning News For May 24

Lao Morning News For May 24

Gov’t Strengthens Anti-Corruption Drive A seminar on financial investigation and anti-money laundering techniques to counter against corruption was held in Vientiane on May 22. – Lao News Agency IMF sounds concerns despite strong Lao growth EFFORTS by policymakers in Laos to maintain economic growth of around 7 per cent this year, a rate surpassing that […]

Singapore Morning News For May 24

Singapore Morning News For May 24

Singapore identifies four frontier technology focus areas for digital economy Minister of Communications and Information, Dr. Yaacob Ibrahim (above) outlined four four frontier technology focus areas for the development of Singapore’s digital economy in his speech at the the Infocomm Media Business Exchange (imbX) opening ceremony. – Open Gov Asia Singapore to deploy robot guards […]

Indonesia Morning News For May 24

Indonesia Morning News For May 24

Charoen Pokphand Sets Aside Rp 1.1t for Capex, Acquires 7-Eleven Charoen Pokphand Indonesia, a local unit of the Thai conglomerate, has set aside Rp 1.1 trillion — around $82.5 million — for capital expenditure this year to add production facilities and repair maintenance utilities, the company’s president director said on Tuesday (23/05). – Jakarta Globe […]

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