Asean morning news for November 8

Asean morning news for November 8
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Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


Indo-Pacific gets an extra $68 mln for transparency as US investment soars
The United States has pledged an additional $68 million for new programmes under the Indo Pacific Transparency Initiative (IPTI).
— AEC News Today

35th ASEAN Summit 2019 promotes barrier free society
Thai people who are marginalized because of diverse disabilities were invited to be part of the 35th ASEAN Summit where their products provided another heartfelt aspect of sustainability to participants.
— Newsline (video)

How Will Vietnam’s 2020 ASEAN Chairmanship Play Out?
Vietnam faces a full plate of opportunities and challenges during its chairmanship of the regional grouping.
— The Diplomat

Malaysia says US offer to host APEC ‘not a good idea’
An offer by the United states to host a Pacific rim summit in America in 2020 after Chile abruptly cancelled this year’s event was “not a good idea”, Malaysia’s foreign minister said Thursday.
— RTL Today

RCEP not China-led initiative: ASEAN Secretary-General
ASEAN Secretary-General Lim Jock Hoi rejected on Thursday mischaracterizations of the Regional Comprehensive Economic Partnership (RCEP), a landmark trade deal encompassing most of the Asia-Pacific, arguing that it has always been an ASEAN-led effort and not a China-backed initiative.
— The Jakarta Post

Open to RCEP deal if ‘firm indication’ given on core interests: MEA
India on Thursday said if it gets a “firm indication” that its core interests will be accommodated in the RCEP trade deal then it can think of taking a “further decision” on the issue.
— Business Standard

Cambodia Warns of Coup as Southeast Asian Neighbors Detain Exiles
Cambodia has sent troops to its border and called on neighboring countries to arrest exiled dissidents after accusing them of plotting a coup as the European Union reviews trade privileges that are essential to the economy.
— Bloomberg

SE Asian banks set to lose out on $5B in payments revenue b
Banks in Southeast Asia are set to miss out on as much as $5 billion, or 14.3 per cent of their payments revenue by 2025, displaced by the growth of digital payments and competition from non-banks, a new report says.
— The Phnom Penh Post

With a Smile, Southeast Asian Nations Protect an Authoritarian
ASEAN, or the Association of Southeast Asian Nations, is not an acronym that tends to excite. Founded on notions of consensus-building and noninterference, the 10-nation group issues pronouncements drowning in careful and bland language.
— The New York Times

Code in disputed seas should protect interest of PHL, other claimants —US
The proposed code of conduct being crafted by Southeast Asian nations and China must ensure that the rights of the Philippines and other claimants to the disputed waters are protected, a State Department official said.
— GMA News

Troubles on the Mekong
On October 29, Laos unveiled a new dam in the country’s north. The 1.3-gigawatt Xayaburi dam sits on the Mekong River, which flows the length of the country.
— Foreign Affairs

Sam Rainsy faces ASEAN roadblocks to Cambodia homecoming
After weeks of vowing to return to Cambodia and spark an uprising, Cambodian opposition leaders now find their plans seemingly blocked by the country’s Association of Southeast Asian Nations neighbors.
— Nikkei Asian Review (paywall)

‘Inseparable friends’ ASEAN, S. Korea upbeat about upcoming summit
As ASEAN and South Korea celebrate 30 years of ties, the partners are upbeat about an upcoming summit between the two “inseparable friends” that aims to unlock future cooperation, Seoul’s ambassador to the region has said.
— The Jakarta Post

ASEAN states urged to resist Cambodia’s demands to arrest dissenters
Activists and lawmakers in Southeast Asia are urging ASEAN governments to resist pressure from Phnom Penh to arrest dissidents who enter their territories, as a dismantled Cambodian opposition plans a perilous return to its homeland this weekend after years in political exile.
— The Jakarta Post

Cambodia: Stop pressuring regional neighbours to harass opposition figures
“The last few days have seen a wave of brazen harassment and intimidation of Cambodians throughout the region.
— Amnesty International

“You go alone, you’ll be bullied”: The need for solidarity is the key takeaway from the 35th ASEAN Summit
“You go alone, you’ll be bullied,” Malaysian Prime Minister Mahathir Mohamed told business leaders at the 35th ASEAN Summit in Bangkok on Saturday.
— Asean Today

Foreign Ministry: Vietnam ready for ASEAN Year 2020
Vietnam has been ready with organizational apparatus, personnel and projects and overall action plan for ASEAN Year 2020, said deputy spokesperson of the Foreign Ministry Ngo Toan Thang at a regular press conference in Hanoi on November 7.
— Vietnamplus

That ASEAN ’summit’ with US in Bangkok
More than most other groups of people in the world, Asians are said to be very sensitive to seemingly condescending attitudes and actions of other people.
— Manila Bulletin

Could Hong Kong crisis affect all of Asia?
Hong Kong has been critically hit by a series of violent protests and riots since June.
— Khmer Times

Prime Minister Hun Sen advocating for Asean justice reforms
Prime Minister Hun Sen on Wednesday lauded the government’s constant collaboration between the judicial and the executive branches of government.
— The Phnom Penh Post

Palace defends Duterte’s absences from Asean events
Malacañang defended Thursday President Rodrigo Duterte’s absences from meetings during the 35th Association of Southeast Asian Nations (Asean) Summit in Bangkok, Thailand.
— (video)

Sam Rainsy Return Hype Ripples Across ASEAN
The loudly trumpeted return of opposition leader Sam Rainsy to Cambodia is causing headaches across Southeast Asia, even though his chances of getting across the border and sparking a popular rebellion are quite low.
— The Diplomat

Maritime cooperation indispensable to Asean
For ordinary fishermen and other Filipinos whose livelihoods are dependent on the peace and stability in the areas covering Scarborough Shoal and other parts within our exclusive economic zone, the long-overdue Code of Conduct (COC) being hammered out at the Association of Southeast Nations (Asean) is a crucial and indispensable component.
— Philippine Daily Inquirer

Asean and the dammed Mekong
CONVERSATIONS on Asean in recent years have largely revolved around its community- building initiatives, its master plan on connectivity, its positioning vis-a-vis the United States’ Free and Open Indo-Pacific Strategy and China’s Belt and Road Initiative, in addition to the latest incursions of sovereign waters in the South China Sea.
— New Straits Times

Kingdom set to host Asean banking meet
Cambodia will host the 22nd Asean Banking Conference and the 49th Asean Banking Council Meeting, Association of Banks in Cambodia (ABC) president In Channy said on Thursday.
— The Phnom Penh Post

ASEAN charity fair 2019 opens in Indonesia
The ASEAN Women’s Circle (AWC) officially launched the annual ASEAN Charity Bazaar in Jakarta, Indonesia, on November 7 under the support of the ASEAN Secretariat.
— Vietnamplus

Evolving Summit Dynamics: ASEAN Putting Its Foot Down? – Analysis
With delays to the signing of the RCEP, the 35th ASEAN Summit in Bangkok may not go down in history for remarkable achievements.
— Eurasia Review

Economic diplomacy: RCEP and ASEAN’s new way, plus voting ADB-style
For two generations, the term “Factory Asia” has neatly encapsulated the essence of the region’s economic success, with components flowing across the region for products mostly ultimately exported to the developed world.
— The Interpreter

Visiting MPs announce launch of ASEAN Kashmir Advocacy Group
The visiting parliamentarians from ASEAN (Association of Southeast Asian Nations) on Thursday announced establishment of ASEAN Kashmir Advocacy Group for highlighting the issue at international level.

Indonesia to host China-ASEAN conference
Indonesia will host the China-ASEAN conference on the people-to-people friendship organization from November 10 to 12, 2019, in Bandung, West Java.
— Antara News

ADB, WEF to Support ASEAN Hub for Sustainable Development Investment Partnership
The Asian Development Bank (ADB) and the World Economic Forum (WEF) today signed an agreement to accelerate the flow of public and private finance into sustainable infrastructure in Southeast Asia through an Association of Southeast Asian Nations (ASEAN) hub for the Sustainable Development Investment Partnership (SDIP).
— Modern Diplomacy

For Southeast Asia fintechs, there’s a method to payments madness
For an understanding of the feeding frenzy that is fintech in Southeast Asia, just consider the array of digital payment apps that solicit for your business as you settle your restaurant bill in Singapore.
— Nikkei Asian Review (paywall)

ICT helps promote gender equality, empowerment of women: workshop
International experts, scholars and organisations gathered at a workshop held by the ASEAN Intergovernmental Commission on Human Rights (AICHR) on November 7 to discuss how to use Information Communications Technology (ICT) to promote gender equality and empowerment of women.
— Vietnamplus

E-commerce in ASEAN: Digital technology and players
E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years.
— Thailand Business News

Could Southeast Asia’s remote islands be powered by waste?
By 2030, Southeast Asia’s population is expected to grow by more than 100 million people, requiring massive investments in energy production and waste management.
— Eco-Business

The rise of the subscription economy in Southeast Asia
The subscription economy has seen a BOOM over the past 5 years, particularly in the United States, where there is an abundance of new offerings targeting the recurring payment space.
— e27

Are pregnant women in ASEAN facing discrimination?
In Southeast Asia, efforts have been made to tap women’s potential by improving the business and financing environment.
— The Asean Post

Do e-scooters have a future in ASEAN?
ASEAN cities are notorious for their traffic. A 2019 report by the Asian Development Bank (ADB), found that cities in the Philippines, Malaysia and Myanmar are among the most congested, and congestion is costing governments millions of dollars daily.
— The Asean Post

Online English lessons

Cambodia morning newsCambodia morning news

Compiled by Raksmey Khoem          @raksmey.aecnews


Power shortages again in dry season, says prime minister
Cambodia will face power shortages again from the end of this year throughout the dry season, Prime Minister Hun Sen said on Thursday.
— The Phnom Penh Post

Cyprus strips citizenships after uproar over passports following a Reuters investigation
Yesterday a Reuters report revealed that Cyprus had started a process to strip 26 individuals of citizenship they received under a secretive passports-for-investment scheme, admitting it had flaws.
— Reuters

Cambodian Opposition Leader Stopped from Returning Home
Cambodia’s most prominent opposition leader, Sam Rainsy, was stopped from boarding a flight in Paris on Thursday in his attempt to return home to challenge his country’s longtime autocratic leader, but he assured his followers he will go ahead with his plan.

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


22 million Indonesians endured chronic starvation in Jokowi’s first term: ADB report
The latest assessment conducted by the Asian Development Bank (ADB) and the International Food Research Institute (IFPRI) with support from the National Development Planning Agency (Bappenas) has found that 22 million people in the country suffered from chronic starvation between 2016 and 2018.
— The Jakarta Post

5.02% Economic Growth Deemed Resilience amid Global Uncertainty
Finance Deputy Minister Suahasil Nazara considered the national economic growth at 5.02 percent in the third quarter of 2019 a form of national resilience amid global uncertainty.

Indonesia struck by 3,155 natural disasters during January-Nov 7, 2019
A total of 3,155 natural disasters, generally hydrometeorological in nature, hit Indonesia during the January-November 7, 2019, period.
— Antara News

See here for more of today’s Indonesia morning news


Advertise in AEC News todayAsean

Lao PDR morning newsLao PDR morning news

Compiled by Raksmey Khoem         @raksmey.aecnews


ADB beefs up university education in Champassak
Teachers and students at Champassak University now have access to higher-quality education, thanks to support from the Asian Development Bank (ADB) through the Strengthening Higher Education project.
— Vientiane Times (paywall)

PM optimistic about sustainable economic growth
Prime Minister Thongloun Sisoulith yesterday expressed optimism that economic growth would recover in the near future, saying the current stagnation was necessary because the government was attempting to put the economy on a sustainable path.
— Vientiane Times (paywall)

Lao Securities Exchanges Suspends Trading of PCD
Lao Securities Exchange (LSX) has announced that the stocking trading of Phousy Construction and Development Public Company (PCD) has been suspended due to the failure of disclosure.
— The Laotian Times 

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men         @MenSreypov


Malaysia to impose cash transaction limit of RM25,000 starting next year
Malaysia is planning to impose a cash transaction limit (CTL) of RM25,000 starting next year to further strengthen the country’s financial integrity.
— The Borneo Post

Rubber Production Incentive to remain at RM2.50: Shamsul
The Rubber Production Incentive (IPG) will remain at RM2.50 per kg, said Deputy Primary Industries Minister Datuk Seri Shamsul Iskandar Mohd Akin (pix).
— The Sun Daily

Malaysia sentences 5 to jail for gay sex; caning, fines await arrested men
A Malaysian religious court sentenced five men on Thursday to jail, caning and fines for attempting gay sex, media and a rights group said.

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men         @MenSreypov


Rubber export volume reaches US$ 6 million within one month of current FY
Rubber export volume reached US$ 6 million within one month in the current financial year, decreasing by more than US$ 4 million compared to the same period of last year, said Khin Maung Lwin, Assistant Secretary of the Ministry of Commerce.
— Eleven Myanmar

Myanmar, China sign MoU on cooperation in water resource management
Myanmar and China signed a memorandum of understanding on water resource management in the water resource sectors of both countries, according to the Ministry of Transport and Communications.
— Eleven Myanmar

First round of bank licences under Suu Kyi govt announced
Myanmar will initiate the first round of foreign bank licencing under Daw Aung San Suu Kyi’s government, aimed at further opening up an industry that was formerly closed off to international players.
— Myanmar Times

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


General government debt-to-GDP worsens in Q1
THE country’s consolidated general government (GG) debt-to-gross domestic product (GDP) ratio rose in the first quarter of 2019, the Department of Finance (DoF) reported on Thursday.
— Manila Times

Duterte’s team changes tune on PPPs as infra push gets reality check
The Duterte administration had a change of heart in its aversion to public-private partnerships (PPPs), as its ambitious infrastructure push gets a reality check and an impending revamp.
— Rappler

PHL economy grows 6.2 percent in third quarter of 2019
The Philippine economy grew 6.2 percent in the third quarter of 2019, the government reported on Thursday, Nov. 7.
— Eagle News


See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Dengue cases climb again after several months of decline
Dengue infections are on the rise again, after several months of decline. Twelve people have died in the last four months, bringing the total deaths from dengue for the year to 18, the highest since 2007.
— Straits Times (annoying popups)

PMD users riding e-scooters on grass along sidewalks may be fined up to S$5,000: NParks
Following the circulation of videos showing users of personal mobility devices (PMD) attempting to dodge the new footpath ban by riding on grass along footpaths, the National Parks Board (NParks) warned the public that those caught doing so may be fined up to S$5,000.
— The Online Citizen

Pay for train, bus rides with your Nets card from Nov 16
Commuters can start paying for public transport rides with their Nets contactless bank cards from Nov 16, the Land Transport Authority (LTA) said yesterday.
— Straits Times (annoying popups)

See here for more of today’s Singapore morning news


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Thailand morning newsThailand morning news

Compiled by John Le Fevre         @photo_journ


Indo-Pacific gets an extra $68 mln for transparency as US investment soars
The United States has pledged an additional $68 million for new programmes under the Indo Pacific Transparency Initiative (IPTI).
— AEC News Today

Disasters to hit rice output
Alternating drought conditions and flooding in northeastern Thailand are expected to cut paddy production in the region in the 2019-20 crop year by 488,000 tonnes.
— Bangkok Post

Thailand Road Carnage: Death Toll Tops 12,000 Since Start Of The Year
Daily News reported that 12,304 people have been reported dead at the scene of accidents in Thailand since the start of 2019.
— Buriram Times

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men         @MenSreypov


Vietnam tightens imports scrutiny after nine-dash fiascos
Vietnamese authorities are tightening import inspections after several instances of China’s infamous and fraudulent nine-dash map sneaking through in various products.
— VnExpress

FDI inflow into Hanoi on track to hit US$8 billion in 2019
This would result in total accumulated foreign capital to Hanoi at US$42 billion in 5,300 ongoing projects.
— The Hanoitimes

Vietnam police confirm all 39 UK truck death victims were Vietnamese
Vietnamese police said on Thursday all 39 people found dead in the back of a truck near London last month were Vietnamese.
— Reuters

See here for more of today’s Vietnam morning news


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