Asean Morning News For June 5

Asean Morning News For June 5
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Asean morning newsAsean Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


Thailand to launch Mekong regional fund to reduce China dependence
Thailand is taking the lead in creating a regional fund with its neighbors, Cambodia, Laos, Myanmar and Vietnam, to back infrastructure and other development projects and to lessen reliance on Chinese investment.
— Nikkei Asian Review

ASEAN’s middle class is fuelling the F&B industry
ASEAN’s positive economic growth has seen many changes in the way its citizens go about their daily lives.
— The Asean Post

Thailand, Vietnam, Singapore most attractive to Myanmar visitors
Out of 14 visa-free Asean countries, Thailand, Vietnam and Singapore have been the most attractive to Myanmar and the number of visitors is on the increase, according to Myanmar Tourism Federation.
— Eleven

Southeast Asia’s remittance sector finds a friend in crypto
Bitcoin and crypto-currencies are still largely considered to be investment or speculation vehicles that can be manipulated by the rich and powerful, on Wall Street or elsewhere.
Asia Times

Rising China-US Tensions Affect Southeast Asia
An American promise to keep sailing navy ships through the South China Sea could fuel tensions between China and the United States.

Modi sees Asean as key to Indo-Pacific policy
India took exactly 25 years to define its place in the broader Asia region. When Indian prime minister Narasimha Rao first outlined his country’s “Look East” policy in 1993 in Singapore, economic imperatives were the main driving force and not much thought was given to strategic components.
Bangkok Post 

Defence ministers stress centrality of Asean in region
Three Asean defence ministers struck distinct but complementary notes while discussing the “Indo-Pacific” construct and the idea of Asean’s centrality within it.
The Straits Times 

Closer Chinese – ASEAN cooperation called for against terrorism
An analyst has called for closer cooperation between China and ASEAN in fighting terrorism in this region.
Antara News 

China ignored Asean agreement to ease sea tensions, says Aquino
Which administration secured the landmark ruling from an international arbitral court recognizing the Philippines’ sovereign rights in the West Philippine Sea? 

In Southeast Asia, The Fintech Era Is Just Starting
Here are the latest facts and stats proving that online financial services – aka fintech – are only just getting going. That leaves a lot of space for new entrants.
— Thailand Business News (media release)

Whale’s Death in Thailand Points to Global Scourge: Plastic in Oceans
Hundreds of turtles, dolphins and whales become stranded every year on Thailand’s beaches after plastic impedes their mobility or clogs their insides.
— The New York Times

Thailand’s province to host Mekong tourism forum
Northeastern Thai province of Nakhon Phanom is to host the 2018 Mekong Tourism Forum from June 26 to 29, according to the Thai minister of tourism and sports on Monday.
— Xinhua

Do fuel subsidies have a place in our future?
Fuel subsidies have always played a significant role in Southeast Asia – most notably in – Brunei Darussalam, Indonesia, Malaysia, Myanmar, Thailand and Vietnam.
— The Asean Post

BSP advances ABIF talks with KL and Indonesia
The Bangko Sentral ng Pilipinas (BSP) has advanced regional banking integration talks with Malaysia and Indonesia and soon, with Thailand.
— Manila Bulletin

Can ASEAN be counted on when it matters?
The concept of centrality has seen a resurgence in use during the past few days, featuring prominently in the speeches and comments made during the recently concluded Shangri-La Dialogue (SLD).
— The Asean Post

Cambodia morning newsCambodia Morning News

Compiled by Sreypov Men    @MenSreypov


Cambodia to monitor online news ahead of July election
Cambodia will monitor and control online news content intended to cause “instability”, an official notice said on Monday, the government’s latest move to control information ahead of a general election in July.
— Reuters

Election worries not hurting real estate
Despite the July 29 national elections having drawn criticism at home and abroad, Cambodia’s property market seems immune to a potential downturn as land sales continue to rise and new projects keep changing the Kingdom’s skyline.
— The Phnom Penh Post

5 free maps of Cambodia
A set of maps of Cambodia may be useful to detail ideas or projects for your website or blog, or to create your own maps.
— Asean Up

See here for more of today’s Cambodia Morning News


Indonesia morning newsIndonesia Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


Foreign Travelers’ Visits Down 4.59%, BPS Says
The Central Statistics Agency (BPS) recorded that the number of foreign tourist arrivals to Indonesia in April 2018 decreased by 4.59 percent from the previous month.

Indonesia coal benchmark price rises to $96.61 per tonne for June -ministry
Indonesia Coal Benchmark Price (HBA) for the month of June is set at $96.61 per tonne, up from $89.53 in May, energy ministry spokesman Agung Pribadi said on Monday.
— ET Energyworld

Suspected extorters get Rp 100,000 in two hours
The parking lot around Thamrin City mall in Central Jakarta has become a source of lucrative illegal business for some people who have been charging illegal levies to drivers.
— The Jakarta Post

See here for more of today’s Indonesia Morning News


Lao PDR morning newsLao PDR Morning News

Compiled by Leakhena Khat    @leakhenakhat


Singapore on top, Laos on the bottom – English proficiency
The EF English Proficiency Index is out for the past 12 months, the seventh overview of countries where English is not the native language. Ranked from top to bottom and broken up into specific demographics.
The Thaiger/ The Nation

Laos joins global environmental campaign against plastic
Laos has joined other countries in urging its population to reduce the use of plastic as part of efforts to create a better world environment.
Vientiane Times 

Tourism industry fuels economic growth in Laos
The Lao tourism industry is not only playing a significant role in boosting economic growth, but is also creating a huge number of job opportunities for local people, experts have noted.
The Nation 

See here for more of today’s Lao Morning News

Malaysia morning newsMalaysia Morning News

Compiled by Sreypov Men    @MenSreypov


Petronas seeks court ruling on right to country’s petroleum resources
Petroliam Nasional Bhd has gone to court to declare that under the Petroleum Development Act 1974 (PDA) it is the exclusive owner of the petroleum resources in the country, including Sarawak.
— The Star Online

Murder Cover-Up Case Nets Najib, Rosmah and Lawyers Cecil Abraham & Shafee Abdullah
The significance of a court ruling in KL today was perhaps muted by the extraordinary excitement of these moving times. However, that ruling has opened the floodgates against a cover-up exercise that has strained the Najib administration for over a decade.
— Sarawak Report

Malaysian manufacturers cut payroll numbers for first time in 7 months
Malaysian manufacturing companies reduced their payroll numbers in May for the first time in seven months amid a continued deterioration in the operating conditions, according to a IHS Markit survey.
— The Sun Daily

See here for more of today’s Malaysia Morning News


Myanmar morning newsMyanmar Morning News

Compiled by Leakhena Khat    @leakhenakhat


Myanmar to use Intelsat 39 satellite
Myanmar’s Ministry of Transport and Communications (MOTC) has expanded its relationship with satellite operator Intelsat to accelerate the development of the nation’s wireless infrastructure. 

S. Korea, Myanmar to discuss biodiversity cooperation
South Korea and Myanmar will hold talks this week to discuss cooperation on studying and preserving biological diversity in the Southeast Asian country, the environment ministry said Monday.
Yonhap News Agency 

Myanmar’s Proposed Rakhine Commission Latest Sham
On Thursday, Myanmar’s government announced it was launching an “independent commission of inquiry” to “investigate the violation of human rights and related issues following the terrorist attacks” by the Arakan Rohingya Salvation Army (ARSA).
Human Right Watch 

See here for more of today’s Myanmar Morning News


Philippines morning newsPhilippines Morning News

Compiled by Stella-maris Ewudolu    @stmarisewudolu


Roque: Duterte’s South Korea visit to reap ₱4.9B in investments
President Rodrigo Duterte’s trip to South Korea could prove fruitful, as billions of pesos in investments are expected to arrive.
— CNN Philippines

P1.9B budget sails through PB
THE Cebu Provincial Board approved a P1.9-billion supplemental budget, the Capitol’s first for this year, of which nearly 80 percent will be for a 20-storey new building.
— Sun Star

KILLER WASTE Shocking images show mountains of plastic and rubbish polluting rivers in India, Philippines and Vietnam
SHOCKING photos of polluted rivers filled with rubbish in India, Philippines and Vietnam have emerged ahead of the annual World Environment Day tomorrow.
— The Sun

See here for more of today’s Philippines Morning News

Singapore morning newsSingapore Morning News

Compiled by Leakhena Khat   @leakhenakhat


Singapore companies shoot for the stars as space technology gets more accessible
It may come as a surprise, but Singapore has a space industry – one which hires 1,000 people and involves 30 companies.
Channel NewsAsia 

Security headaches for Singapore ahead of Trump-Kim meeting
More than 5,000 expected reporters, hundred of security staff for each the US and North Korean delegations, and dozens of high-ranking officials turn the planned June 12 summit between US President Donald Trump and North Korean leader Kim Jong-un into a security headache for the small city state.

Singapore on top, Laos on the bottom – English proficiency
The EF English Proficiency Index is out for the past 12 months, the seventh overview of countries where English is not the native language. Ranked from top to bottom and broken up into specific demographics.
The Thaiger

See here for more of today’s Singapore Morning News


Thailand morning newsThailand Morning News

Compiled by John Le Fevre    @photo_journ


Second pilot whale dies with 8 kgs of plastic bags in its stomach
The second pilot whale has succumbed to its death after it was kept for treatment and observation for four days by a team of veterinarians and villagers who tried their best to save its life.
— Thai PBS

Thai rice exports on their way to the 10m-ton mark
Thailand upwardly revised its 2018 rice export target to 10 million tons, from the previous forecast of 9.5 million tons, after exports of the grain for the first four months of this year performed better than expected, according to the Thai Rice Exporters Association.
— Nikkei Asian Review (metered paywall)

FPO: Growth risks waning, prospects up
Risks to economic growth, including oil prices and a potential global trade war have subsided, making the Fiscal Policy Office (FPO) optimistic for this year.
— Bangkok Post

See here for more of today’s Thailand Morning News


Vietnam morning newsVietnam Morning News

Compiled by Sreypov Men    @MenSreypov


Vietnam upholds sentence for prominent human rights activists
A Vietnamese court on Monday upheld prison sentences against four human rights campaigners convicted of attempting to overthrow the state, a lawyer said.
— Channel NewsAsia

PetroVietnam contributes 1.79 bln USD to State budget in five months
The National Oil and Gas Group (PetroVietnam) has contributed 40.8 trillion VND (1.79 billion USD) to the State budget in the first five months of 2018, exceeding the plan by 32 percent and representing 55 percent of the yearly target.
— VietnamPlus

Vietnam sets out green ambitions with bold targets for solar, rare earth
Vietnam plans to more than triple the amount of electricity it produces from renewable sources and push for a 26 per cent increase in household solar energy usage by 2030, Prime Minister Nguyen Xuan Phuc told Reuters in an interview.
— Channel NewsAsia

See here for more of today’s Vietnam Morning News


The Asean Morning News Roundup and its individual country morning news round-ups are the most comprehensive hand-curated selection of news reports from around the Asean Economic Community (AEC) published. We scour hundreds of local and international news and websites to find the things that you need to know to start your working week day.

We clearly identify the source of the story, whether it is behind a paywall, a media release, or whether the site uses annoying pop-up advertising or auto-play video, in case those things annoy you. It’s all then packaged up in an easy to read format enabling you to make an informed choice of whether you want to learn more by clicking directly through to the original source, or keep on reading the headlines. AEC News Today: Governance, not government; policies not politics.


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