Asean morning news for October 16

Asean morning news for October 16
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Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


Safety first: Indonesian rules, Philippines ambitions and China traceability challenges in our APAC food safety review
Food safety is never far from the headlines in APAC, and our latest monthly review reveals the latest developments in Indonesia, Philippines, Singapore, China anad Hong Kong.
— Food Navigator-Asia

China offers $7.2-billion fund to support projects in Asean, other nations
China’s Belt and Road Initiative will release 10 billion renminbi or $1.5 billion next month to finance development projects in the Association of Southeast Asian Nations, including the Philippines.

‘New Southern Policy’ encourages financial companies to look to Southeast Asia
For South Korean financial companies looking out for new growth momentum, the “New Southern Policy” — the key foreign economic policy of the Moon Jae-in administration — came as a timely opportunity to create synergy with the fast-growing Southeast Asian market.
— The Korea Herald

Maybank spends rm1.8m to expand women eco-weavers initiative in Asean
VIENTIANE: Maybank Foundation has spent RM1.8 million to expand its Maybank Women Eco-Weavers initiative to preserve, sustain and promote traditional textile making techniques in Asean.
— Daily Express

Asean has to stand up and be counted on Myanmar
When Asean was formed on Aug 8, 1967, no one gave it much of a chance. Asean (Association of South-east Asian Nations), after all, was built on the basis of ASA and Maphilindo, both of which had failed.
— MalaysiaKini

Which companies are using IoT in Southeast Asia?
The Internet of Things (IoT) across Southeast Asia is being used in different sectors and for a myriad of purposes including healthcare, agriculture, smart cities, smart homes, or the industrial internet, just to name a few.
— Channel Asia Singapore

Seminar highlights Vietnam-Cambodia-Laos economic links
The seventh seminar on Vietnam-Cambodia-Laos cooperation took place in Vietnam’s northern province of Quang Ninh on October 15, highlighting the significance of economic ties between the three countries.
— Vietnam Plus

Thailand’s deputy premier to attend ASEAN Defense Ministers’ Meeting in Singapore
Thailand’s Deputy Prime Minister and Defense Minister Prawit Wongsuwan is scheduled to attend an ASEAN (Association of Southeast Asian Nations) Defense Ministers’ Meeting (ADMM) in Singapore later this week.
— Brinkwire

Asean has to stand up and be counted on Myanmar
When Asean was formed on Aug 8, 1967, no one gave it much of a chance. Asean (Association of South-east Asian Nations), after all, was built on the basis of ASA and Maphilindo, both of which had failed.
— Malaysiakini

The Korea Herald to host Biz Forum on ASEAN and New Asia
Southeast Asia is increasingly emerging as an important market for South Korean companies, particularly in light of the of the Moon Jae-in government’s “New Southern Policy” that aims to elevate Korea’s ties with the Association of Southeast Asian Nations and India.
— The Korea Herald

Second Forum of Entities Associated with ASEAN convenes in Indonesia
Over 80 participants from 40 entities gathered at the ASEAN Secretariat’s headquarters in Jakarta, Indonesia on October 15 for the 2nd Forum of Entities Associated with ASEAN.
— Vietnam Plus

Cambodia morning newsCambodia morning news

Compiled by Sreypov Men          @MenSreypov


Cambodia exported 389,264 tonnes of rice in the first nine months of the year, a fall of 8.4 percent compared with the same period last year, official data showed on Monday.
— Agriculture

Cambodia Commemorates 6th Anniversary of His Majesty the Late King-Father’s Passing Away
The Kingdom of Cambodia marks today the sixth-year anniversary of the passing away of His Majesty Preah Bat Samdech Preah Norodom Sihanouk (Preah Borom Ratanak Kaudh).
— Agence Kampuchea Press

Cambodia to Dispatch 216 Peacekeeping Forces to Central African Republic
The Royal Government of Cambodia will dispatch 216 of its peacekeeping troops to join a United Nations peacekeeping mission in Central African Republic late November, according to Kosal Malinda, spokeswoman for Cambodia’s National Centre for Peacekeeping Forces and Explosive Remnants of War Clearance, on Monday.
— Fresh News

See here for more of today’s Cambodia morning news


Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


Infrastructure in Indonesia: 13 New Toll Road Projects to Be Completed
In the 2015-2017 period, a total of 332 kilometers of toll roads were added to the nation’s toll road network. Meanwhile, in the January-September 2018 period another 136.1 kilometers of toll roads were added.
— Indonesia Investments

Cambodia Develops Halal Tourism to Lure Indonesian Tour
Phnom Penh – The Cambodian government and the country’s tourism industry are developing halal tourism to lure tourists from Southeast Asia and the Middle East. The Indonesian Embassy in Cambodia on Thursday, October 12, said that a number of investors were developing halal tourism in the country.

5.4-magnitude earthquake hits Aceh`s Meulaboh
A 5.4-magnitude earthquake hit Meulaboh, the capital city of West Aceh District, Aceh Province, on Monday evening but no tsunami warning was issued and there were no immediate reports of casualties or damages.
— Antara News

See here for more of today’s Indonesia morning news


Lao PDR morning newsLao PDR morning news

Compiled by           @Maria Rasonable


France, UNICEF Renew Commitment To Strengthen Child Protection System In Lao PDR
The Ambassador of France to the Lao PDR, Florence Jeanblanc-Risler, and Octavian Bivol, UNICEF Representative, signed on Oct 10 a new agreement to continue working together towards child protection system strengthening in Laos with a focus on the development and implementation of a regulatory framework on national and international adoptions.
— Lao News Agency

SK E&C’s attempts to cut costs led to design changes that resulted in collapse of dam in Laos
SK E&C attempted to earn excessive profits with changes to the format and design of a dam in Laos that eventually collapsed last July, an internal document confirmed on Oct. 14. Indeed, the heights of the collapsed dam and other auxiliary dams handled by SK E&C were an average of 6.5m lower than in the basic design diagrams included in the document.
— Hani.Co.Kr

Chinese Tourism Benefits Few in Laos, Sources Say
Moves in Laos to promote Chinese tourism in the coming year will benefit mainly Chinese businesses already established in the impoverished Southeast Asian country, with ordinary Lao citizens less likely to cash in, Lao sources say.
— Radio Free Asia

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men          @MenSreypov


Malaysia ranked 55th in World Bank human capital index
Malaysia has been ranked 55th in the World Bank’s 2018 human capital index, lagging behind Singapore which topped the list.
— The Edge Markets

Survey: SST, debt revelation dampened Malaysian optimism over economy
Malaysian confidence in the country’s economic prospects took a dip in the last quarter as Pakatan Harapan’s (PH) lustre started to wear off, the Malay Economic Action Council’s (MTEM) Economic Confidence Score(MECS) survey has shown.
— Malay Mail

Vehicle sales skid in September as reality bites after GST tax holiday
Vehicle sales fell in September after the Goods and Services Tax (GST) tax holiday ended on Aug 31 while stocks of some vehicle distributors were depleted, according to the Malaysian Automotive Association (MAA).
— The Star Online

See here for more of today’s Malaysia Morning News


Myanmar morning newsMyanmar morning news

Compiled by           @Maria Rasonable


Dozens injured in crackdown on Myanmar garment worker protest
Dozens of Myanmar garment workers were injured on Monday after a clash with assailants wielding iron bars outside a Chinese-owned factory in Yangon, witnesses and hospital staff said.
— ChannelNewsAsia

Country’s first solar power plant to start operations in Magwe
The power plant, in Minbu township, Magwe Region, is expected to produce 40 megawatts initially but will produce 170MW once fully operational, according to U Maung Maung Kyaw.
— Myanmar Times

A Genocide Incited on Facebook, With Posts From Myanmar’s Military
They posed as fans of pop stars and national heroes as they flooded Facebook with their hatred.
— The New York Times

See here for more of today’s Myanmar morning news


Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


Remittances shrink anew, 8-month total just $19.1 billion
MONEY sent by Filipino migrant workers contracted anew in August this year, reversing the growth gains seen in the previous month.
— Business Mirror

Tax hike suspension to cost P41B
While the suspension of the increase in the excise tax on oil will immediately be felt by consumers in terms of lower prices of fuel, spending on some non-infrastructure projects, such as subsidies given to marginalized sectors, might have to be sacrificed.
— Malaya

Disasters cost PHL P389 billion; recovery at P560 billion
THE Philippines incurred damage of at least P388.74 billion from disasters between 2011 and 2018, according to data presented by the National Economic and Development Authority (Neda), but the cost of recovery and rebuilding was nearly one and a half times that amount.
— Business Mirror

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by           @Maria Rasonable


Why Singapore’s defence tech agency asked 300 hackers to test its systems
In the Singapore Government’s first-ever bug bounty programme, the Defence Science and Technology Agency of Singapore (DSTA) invited 300 ethical hackers from around the world to test the Ministry of Defence’s (MINDEF) internet-facing systems for vulnerabilities, or bugs.
— GovInsider

Singapore Sept private home sales rise 42 pct from year earlier
Sales of private homes by developers in Singapore rose about 42 percent in September from a year earlier, government data showed on Monday.
— Reuters

StarHub CEO, who stormed in with job cuts, wants cheaper network
SINGAPORE — StarHub Ltd chief executive officer Peter Kaliaropoulos said the company is looking to pare costs even further by sharing infrastructure after announcing he would trim the company’s workforce by about 12 per cent.
— Today Singapore

See here for more of today’s Singapore morning news


Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ


Commerce attaches put on trade-war alert
Commerce Minister Sontirat Sontijirawong has urged commerce attaches to prepare for a global trade war, which he said is likely to intensify next year.
— Bangkok Post

IMF forecasts higher growth for Thailand
The International Monetary Fund (IMF) has raised its Thai economic growth projections for this year and next from 3.9% to 4.6% and 3.8% to 3.9% respectively.

Blockbuster drug haul worth over B2bn in Chiang Rai
More than 20 million speed pills and 100kg of crystal methamphetamine — worth over 2 billion baht — have been seized and three alleged traffickers arrested in two major police operations in Chiang Rai province.
— Bangkok Post

See here for more of today’s Thailand morning news


Vietnam morning newsVietnam morning news

Compiled by Sreypov Men          @MenSreypov


Viet Nam to open electricity wholesale market next year
The competitive electricity wholesale market will be fully operational starting in 2019 following a successful year-long pilot period.
— Bizhub

World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers.

Vietnam should prioritize local factories for high-speed railway: senior official
The north-south high-speed railway should be seized as an opportunity for the country’s manufacturing sector and labor, a senior official says.
— VnExpress

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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