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


‘Heavy lifting’ needed for regional trade pact to make deadline
Plans by Australia and 15 other nations to conclude a new regional free trade agreement in a little less than three weeks are uncertain, amid concerns by India about allowing China greater access to its economy.
— Financial Review

AICHR calls for haze treaty enforcement
Barely visible: Schoolchildren make their way to school as haze from forest fires blankets Palembang, South Sumatra, on Monday.
— The Jakarta Post (paywall)

China-Philippines Joint Development Negotiations Could Make Or Break China-Southeast Asian Relations – Analysis
Soft power is the capability to use economic or cultural influence to shape the preferences of others.
— Eurasia Review

Two-day govt holiday for Asean summit
The cabinet has approved a two-day holiday for all government offices in Bangkok and Nonthaburi province during the Asean summit and other meetings to be held at Impact Muang Thong Thani early next month.
— Bangkok Post

Vietnam condemns China’s sovereignty violations at ASEAN meeting
Vietnam said Tuesday that China’s sovereignty infringement in the East Sea is leaving negative impacts on regional peace and security.
— VnExpress International

ASEAN, China talk DOC implementation at 18th SOM meeting
The 18th ASEAN-China Senior Officials’ Meeting (SOM) on the implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) was held in Da Lat city, the Central Highlands province of Lam Dong on October 15.
— Vietnamplus

Vietnam – bright spot in FDI attraction in ASEAN
News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.
— Vietnamplus

ASEAN ministers agree to enhance trade, cooperation in agriculture, forestry
ASEAN ministers on agriculture and forestry agreed on Tuesday to enhance trade facilitation and market access of agriculture and forestry products in the region following a signing of Memorandum of Understanding (MoU).
— Xinhuanet

China, ASEAN universities ally to promote medical, health care
Supported by the ASEAN-China Centre, the China-ASEAN University Consortium on Medicine and Health was founded Monday in Beijing, helping deepen China-ASEAN medical and health care cooperation.
— Xinhua

Supply-chain shifts to Asean now led by new capacity: Citi
MORE supply-chain shifts to Asean are being announced, and these are increasingly led by capacity additions rather than the use of existing capacity, said Citi economists Kit Wei Zheng and Ang Kai Wei in an Oct 15 report.
— The Business Times

ASEAN environment ministers call for intensified cooperation for biodiversity
Top officials from the environment ministries of the ASEAN Member States convened on 8 October 2019 in the 15th ASEAN Ministerial Meeting on the Environment (15th AMME).

The Dangerous Thinking That Threatens EU-ASEAN Trade Deal – OpEd
Dangerous scientific thinking may endanger a European Union deal with its third-largest trading partner – the Association of South East Asian Nations (ASEAN).
— Eurasia Review

Southeast Asia in the crosshairs of ‘Islamic State’
A recent knife attack on the security minister of Indonesia is a reminder of the danger of Islamist extremism in Southeast Asia.
— Deutsche Welle

Asean, South Korea looking to ‘advance together’
Government officials, ambassadors, youth representatives, multicultural families, performers, and media professionals from Asean member countries and South Korea will board a train and travel around the East Asian country to foster mutual understanding, and strengthen bilateral relations.

Why Germany is seeking deeper ties with Asean
With supersonic speed in terms of the decision and process, Germany will accede to the Treaty of Amity and Cooperation (TAC) in around two weeks’ time.
— Bangkok Post

What’s Next for ASEAN’s Regional Security Hotline?
Last week, Southeast Asian countries held a series of meetings between themselves as well as partner countries on advancing a regional security hotline.
— The Diplomat

Special Economic Zones in ASEAN: An Introduction for Foreign Investors
To consolidate its emergence as a powerful trading bloc, ASEAN member states have been promoting special economic zones (SEZ) as a cornerstone for efforts to encourage more foreign investment.
— Asean Briefing

PHL urges Asean+3 nations to develop new rice varieties
Manila said it is supporting the proposal of the International Rice Research Institute (Irri) to involve Southeast Asian nations and their trade partners in the development of new rice varieties that are resilient to multiple environment stresses.
— Business Mirror

Instant-noodle diet low on nutrition, harms kids in Southeast Asia — UNICEF
A diet heavy on cheap, modern food like instant noodles that fills bellies but lacks key nutrients has left millions of children unhealthily thin or overweight in southeast Asia, experts say.
— GMA News

Southeast Asia might welcome more entrepreneurs, before and after Brexit
BILLIONAIRE investor Jim Rogers (James Beeland Rogers, Jr) moved to Singapore back in 2007.
— TechWire Asia

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Cambodia morning newsCambodia morning news

Compiled by Raksmey Khoem          @raksmey.aecnews


Cambodia’s mortgage rates slide as housing sector booms
Increasing housing development projects in Cambodia and growth in their demand over the past few years have led to the Kingdom’s financial institutions introducing more attractive mortgage interest rate policies.
— The Phnom Penh Post

No Taxes on Farmlands and from Minimum Wage Workers If CPP Leads, Says PM Hun Sen
As long as Cambodian People’s Party (CPP) continues to win the elections, the Royal Government will not charge any taxes on farmland and from minimum wage workers, Prime Minister Hun Sen said in a meeting with Cambodian students in Hungary on 14 October 2019.
— Fresh News

China Chamber of Commerce opens in Sihanoukville
Aiming to boost trade and facilitate investment, a new China Chamber of Commerce opened in Sihanoukville last week.
— Khmer Times

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Indonesia’s trade deficit stood at US$160 million in September 2019
The Central Bureau of Statistics (BPS) data showed that Indonesia’s trade deficit had touched US$160 million, with exports valued at $14.10 billion and imports, at $14.26 billion, in September 2019.
— Antara News

Police foil attacks, suicide bombing plots as JAD crackdown continues
The National Police claim to have foiled terror plots, including suicide bombings, in several cities across Java, which were allegedly planned by Islamic State-linked homegrown militant group Jamaah Ansharut Daulah (JAD).
— The Jakarta Post

Indonesia’s exports fall 5.74 pct in September
The shipment of Indonesia’s products offshore reached 14.1 billion U.S. dollars in September, the national statistics bureau said on Tuesday.
— Xinhua

See here for more of today’s Indonesia morning news


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Lao PDR morning newsLao PDR morning news

Compiled by Raksmey Khoem         @raksmey.aecnews


Laos Falls to 113rd Place in Global Competitiveness Ranking
Laos has slipped down to a ranking of 113rd out of 141 surveyed countries in the annual Global Competitiveness Report 2019, while several neighboring countries, including Vietnam, climbed up on the list thanks to improvements in economic and business activities.
— The Laotian Times

Two Large Mekong River Dams in Laos to Start Operations by End of Year
The first two of five planned large-scale Lao dams on the Mekong river are set to go online before the end of this year, amid controversy over their impact on the environment and people’s livelihoods.

Generating test runs at Laos’ Don Sahong dam near Cambodia border
Tests were run last week on the first of four electricity generators at the Don Sahong hydropower plant on the Mekong River in Laos’ Champasak province, after construction began in January 2016.
— The Phnom Penh Post

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men         @MenSreypov


Fuel subsidy card for middle income earners ready by next March, says finance minister
Lim Guan Eng today said the fuel subsidy card for Malaysian middle-income earners, grouped as M40, will be rolled out from March 2020.
— Malay Mail

Digital service tax right move for Malaysia: World Bank economist
The implementation of the Digital Service Tax, which will take effect from Jan 1, 2020, is the right move towards helping the government increase its revenue base from the sales and service tax (SST), said the World Bank lead economist for Malaysia, Richard Record (pix).
— The Sun Daily

Malaysia offers to increase imports from India after Kashmir row
Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New Delhi could restrict Malaysian palm oil imports following the country’s criticism of India’s actions in Kashmir.
— Channel NewsAsia

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men         @MenSreypov


Myanmar needs to address structural transformation of the economy: WB
Key takeaways from the latest (Oct 2019) World Bank ‘Asia Pacific Economic Update – Weathering Growing Risks’ pertain to using policy spaces available for the countries in order to boost and sustain growth; to continue trade openness, including through deeper regional integration (within ASEAN and R-CEP and other bilateral arrangements) and enact structural reforms to raise productivity, enhance trade and investment and encourage innovation.
— Mizzima

Fresh list of 50,000 Rohingyas handed to Myanmar: Foreign minister
Foreign Minister AK Abdul Momen today said a new list of around 50,000 Rohingyas has been handed over to Myanmar to expedite Rohingya repatriation efforts.
— The Daily Star

Individuals’ border trade totals nearly 40 mln USD in Myanmar in FY 2018-19
Myanmar’s border trade using Individual Trading Cards (ITCs) totaled over 59 billion kyats (39.3 million U.S. dollars) in the fiscal year 2018-2019 which ended in September, according to figures from the Commerce Ministry on Tuesday.
— Xinhua

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


IMF lowers 2019 growth forecast for Philippines to 5.7%
The International Monetary Fund (IMF) has lowered anew its economic growth forecasts for the Philippines for 2019 and 2020 due to the disappointing performance in the first half, as well as external headwinds caused by the US-China trade war.
— The Philippine Star

DBM releases 95.3% of P3.7-trilllion 2019 budget
THE Department of Budget and Management (DBM) has released P3.491 trillion, or 95.3 percent of the P3.662-trillion 2019 budget as of end-September.
— Business Mirror

Remittances increased by 4.6% to $2.59 billion in August—BSP
Money sent home by Filipinos working overseas increased by 4.6 percent in August to $2.589 billion from $2.476 billion a year ago, the Bangko Sentral ng Pilipinas said in a statement Tuesday.

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


‘Hugely disproportionate’?: Singapore to ban SSB ads alongside colour-coded nutrition label plan
Singapore is set to introduce mandatory colour-coded front-of-pack nutrition label and ban advertising for pre-packaged sugar sweetened beverages (SSB), a move that has caused the industry to voice doubts, while health policy experts have welcomed the move
— FoodNavigator- Asia

More Singaporean children to get first passport free
More Singaporean children will get their first passport free, after a scheme to waive passport application fees was expanded, the Immigration and Checkpoints Authority (ICA) announced on Tuesday (Oct 15).
— Channel NewsAsia (very annoying popups)

Smart poultry factory developed in Singapore
A poultry factory in Singapore, billed as the first smart and green site in the region, is being built with the help of a $40m loan.
— GlobalMeat News

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


Thailand road toll: 554 dead this month, 11,462 this year
Daily News Daily news reports fatalities at the scene of accidents yesterday claimed the lives of 21 people. Yesterday was a busy day on Thailand’s roads at the end of a long weekend. They say the numbers reported are only those that die at the scene.
— The Thaiger

Just 500 People Own 36% of All the Equity in Thailand’s Firms
About 36% of Thailand’s corporate equity is concentrated in the hands of just 500 people, highlighting wealth inequality in the country, a study released by the Bank of Thailand’s research institute shows.
— Bloomberg (paywall)

Exclusive: Thailand’s human traffickers flout 99% of court orders to compensate victims
Human traffickers in Thailand have ignored court orders to compensate victims in more than 99% of cases in recent years, fuelling fears that many survivors could be re-trafficked, data obtained exclusively by the Thomson Reuters Foundation revealed.
— Reuters

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men         @MenSreypov


Hanoi targets all online public services to reach advanced stages by year-end
Hanoi’s mayor considered IT application in operation of government agencies a key instrument for the city to reform administrative procedures towards greater efficiency.
— The Hanoitimes

Vietnam ranks fifth globally in instant noodle consumption
With the population of nearly 95 million in 2018, a Vietnamese consumes nearly 55 instant noodle packets per year, higher than the world’s leading nations in instant noodle consumption, including China with an average of 31 packets for person, Indonesia with 46.4 and Japan with 45.8.
— The Hanoitimes

Australia bars Vietnamese woman for failing to declare raw pork
Australia has refused entry to a Vietnamese woman for failing to declare 10kg of raw pork, seafood and poultry on arrival in Sydney, its first expulsion under a more strict biosecurity law, authorities said on Tuesday.
— Bangkok Post

See here for more of today’s Vietnam morning news


About Asean morning news.

Asean morning news roundup and its individual country morning news roundups are the most comprehensive hand-curated selection of Asean English language news headlines published. Each weekday we scour hundreds of local and international news sites and websites to find the most recent Asean English language news today.

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