Asean morning news for September 26

Asean morning news for September 26

Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu

Bain warns of heightened ASEAN exposure to global economic slump
Southeast Asia would be harder hit by a global economic downturn than it was during the last financial crisis according to management consultancy Bain & Company, with many local firms acting as if in denial.

Progress made in South China Sea Code of Conduct as Beijing eases up on demands – Locsin
Foreign Affairs Secretary Tedoro “Teddy Boy” Locsin, Jr. said this was made possible after Beijing “softened its insistence on controversial provisions” that earlier delayed the passage of the accord, which would outline what countries can and cannot do in contested waters.
— CNN Philippines

Depleting bank accounts and stealing identities
Credential stuffing has the potential to wipe out bank accounts and steal identities – and Southeast Asia is one of the biggest culprits.
— The Asean Post

Malaysia among biggest Asean winners if trade war continues
ASIAN Development Bank (ADB) has forecast that Malaysia, Vietnam and Thailand will become the biggest beneficiaries among Asean nations in the event of a prolonged US-China trade war.
— The Malaysian Insight

The Rohingya problem: Is there an ASEAN solution in sight?
On 22 August 2019, Myanmar’s authorities launched a third repatriation attempt to facilitate the return of displaced Rohingya Muslims. The government dispatched buses to Cox’s Bazaar tasked with bringing back some 3,000 Rohingya refugees to their place of abode in Rakhine State. Not a single refugee boarded the transportation provided.
— Asean Today

Grab to upskill millions of ASEAN workers, ‘digitize’ more businesses by 2025
Grab plans to improve the digital literacy of some 3 million Southeast Asians, digitize more small businesses and train future-ready workforce by 2025, its officials said Tuesday.

Photo and documentary film exhibition on ASEAN community opens
An exhibition on photos and reportage – documentary films on the ASEAN community officially opened in Bien Hoa City, in the southern province of Dong Nai, on September 24.
— Nhan Dan

‘Open Skies,’ finally?
Early this month, at a forum held in Makati City, a Philippine Airlines (PAL) vice president for external affairs, Maria Socorro Gonzaga, affirmed support for the ASEAN Single Aviation Market and added that our country needs an “open skies” policy.
— Manila Bulletin

3rd edition of Tingin Asean fest shines spotlight on indigenous peoples, migration
If last year’s Tingin Asean Film Festival painted a composite picture of modern Southeast Asia, its third edition intends to look deeper into the region’s history.
— Philippine Daily Inquirer

Southeast Asia’s Deadly Annual Haze is Back
As children and teenagers from over 100 countries went on strike and protested about the world’s inability to deal with climate change, the annual haze which suffocates much of Southeast Asia has made an unwanted return.
— The Diplomat (paywall)

‘Posters of CNRP leaders put at M’sian, Thai borders posts’
Posters bearing the pictures of eight senior leaders of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) have been set up at border crossings in Thailand and Malaysia, the president of the Royal Academy of Cambodia said on Wednesday.
— The Phnom Penh Post

ASEAN Smart Education and Learning Market: Massive Open Online Courses By Renowned Foreign Institutions Driving Growth
The ASEAN smart education learning market is extremely fragmented on account of a large number of educational institutions offering very similar education. It is therefore not surprising the competition level runs high in the Asians modification and learning market.
— OnYourDesks

DOST signs MOU with US-ASEAN Business Council
The Department of Science & Technology (DOST) and the US-ASEAN Business Council (US-ABC) recently signed a Memorandum of Understanding (MOU) to promote the development and implementation of science, technology and innovation initiatives of the government in the private sector.
— Big News Network

Growing demand for services prompts APAC airlines to sign agreements with Boeing
Several Asia-Pacific airlines have signed up with Boeing Global Services for digital and supply chain solutions, in order to support the growing demand for services in the region.
— The Stat Trade Times

Outlook on Asia-Pacific’s $22.87Bn Networking Equipment Market, 2019-2024
The “Asia-Pacific Networking Equipment Market Research Report: By Type, End-User, Regional Insight – Industry Analysis and Growth Forecast to 2024” report has been added to’s offering.
— GlobalNewswire (media release)


Cambodia morning newsCambodia morning news

Compiled by Raksmey Khoem          @raksmey.aecnews


EU should have a ‘sober second thought’ over EBA removal: EuroCham Cambodia
The European Chamber of Commerce in Cambodia (EuroCham) has called for the European Commission (EC) deciding Cambodia’s future entitlement to import concessions under the ‘Everything But Arms (EBA)’ trade scheme to have a ‘sober second thought’.
— AEC News Today

Rice exports $265M in first eight months
Cambodian rice exports to international markets were worth more than $265 million in the first eight months of the year, said Cambodia Rice Federation (CRF) secretary-general Lun Yeng.
— The Phnom Penh Post

ADB says Cambodia’s growth remains strong this year
The Cambodian economy remains on track to grow strongly in 2019 despite a slower-than-anticipated rise in agricultural production, said a new report released by the Asian Development Bank (ADB) on Wednesday.
— Xinhua

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Controversial bills threaten business climate, analysts warn
The controversial moves by the government and the House of Representatives to amend several laws have not only triggered protests by tens of thousands of students, who took the streets of Jakarta and other cities on Tuesday, but also threatens the country’s business climate amid President Joko “Jokowi” Widodo’s efforts to attract investment.
— The Jakarta Post

Pre-employment card to go digital as govt seeks partnerships with fintech firms
The government is seeking partnerships with financial technology (fintech) platforms to digitize its subsidy for jobseeker training, offered through the pre-employment card.
— The Jakarta Post

4 police officers in Medan under investigation for brutally attacking protesters in viral video
Scenes of violence erupted in the numerous large-scale demonstrations throughout Indonesia yesterday as thousands of university students came out to voice their anger towards the government and Parliament over several controversial bills, the ongoing haze crisis, and violence in Papua, among other pressing issues facing the country.
— Coconuts

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’ Economy Forecast To Moderate This Year
Economic growth for the Lao PDR is forecast to moderate in 2019 and 2020 as expansion in the industry and services sectors softened in the first half of 2019 due to lesser international tourist arrivals and near stagnation in electricity exports and generation despite a slight recovery in the agriculture sector, a report has said.

Laos service sector wants electricity price reduction
The service sector pays more than 1,000 kip per 1,000 kWh for electricity, while the industry and commerce sector is charged about 700 kip, a representative of the association revealed at the meeting between the public and private sectors in Vientiane last week.
— ANN/Vientiane Times

Vientiane-Vangvieng Expressway 40 per cent complete
The construction of the 113.5-km road, which kick-started last April, is expected to take three years to complete, officials in charge said.
— ANN/Vientiane Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men         @MenSreypov


Malaysia among biggest Asean winners if trade war continues
ASIAN Development Bank (ADB) has forecast that Malaysia, Vietnam and Thailand will become the biggest beneficiaries among Asean nations in the event of a prolonged US-China trade war.
— The Malaysian Insight

Malaysia’s economy to expand in Nov 2019-Jan 2020
Malaysia’s economy is expected to enter an expansionary phase in November 2019 to January 2020.
— The Sun Daily

Proposal to create data bank needs comprehensive study: NRD
The National Registration Department (NRD) will be studying an implementation mechanism proposal to set up a data bank of deoxyribonucleic acid (DNA) which would be recorded in the birth certificate.
— The Sun Daily

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men         @MenSreypov


House Approves Bill to Aimed at Holding Myanmar Leaders Accountable for Atrocities
The U.S. House of Representatives has passed legislation aimed at advancing efforts to hold senior Myanmar leaders accountable for crimes committed against Rohingya and other ethnic minorities.
— VOA News

Myanmar, Singapore reach investment promotion, protection agreement
Myanmar and Singapore have signed an agreement on promotion and protection of investment between the two countries, according to the Ministry of Investment and Foreign Economic Relations Wednesday.
— Xinhua

Myanmar’s New Trademark Law: What Foreign Business Owners Need to Know
The Myanmar Trademark Law 2019 was finally enacted on January 30, 2019. This is an important step in the government’s efforts to attract foreign.
— lexology

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu         @stmarisewudolu


WHO to send vaccines after polio resurgence
THE WORLD Health Organization (WHO) will send vaccines against Type 2 polio to the Philippines next month after the government reported at least two polio cases last week.
— BusinessWorld

ADB slashes forecasts for Philippine economic growth with much of Asia
THE ASIAN DEVELOPMENT BANK (ADB) has scaled down its Philippine economic growth forecasts for 2019 and 2020 amid “a slowdown in the global economy and in domestic investment,” even as the country will remain among the fastest in Asia next to other major economies like China, India and Vietnam.
— BusinessWorld

Duterte to ninja cops: Everybody dies in this world but you will go first
Speaking at the corporate launch of real estate developer Golden Topper in Parañaque City, President Duterte repeated his warning that he would “kill” people importing or manufacturing illegal drugs in the country.
— GMA Network

See here for more of today’s Philippines morning news

Singapore morning newsSingapore morning news

Compiled by Justhine De Guzman Uy         @justhine.aecnews


Singapore’s population grows to 5.7 million, boosted by increase in foreign workers
Singapore’s population grew by 1.2 per cent to reach 5.7 million in June, boosted by a jump in the number of foreign workers, according to official statistics released on Wednesday (Sep 25).
— Channel NewsAsia (very annoying popups)

Australian billionaire pledges up to S$23 billion to supply solar power to S’pore via 3,800 underwater cable
A local independent electricity retailer iSwitch may become the first customer of an Australian billionaire’s bid to export solar power to Singapore, The Australian Financial Review (AFR) reported.
— Mothership

With wild fish stocks on the brink, Singapore turns to high-tech fish factories for its beloved seafood
To have a hope of feeding Singapore at a time when global warming and overfishing are decimating fish stocks around the world, the authorities are looking to seafood farmed Singapore-style for a reliable protein source: high tech, high-yield, sustainable and climate-proof.
— 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


Central bank cuts growth projection to 2.8 percent but retains policy rate at 1.5 percent
The Bank of Thailand has slashed the country’s economic growth projection for this year to 2.8% from 3.3% and the projection for next year from 3.7 % to 3.3%.
— Thai PBS News

Chevron says no arbitration for now over Thai energy dispute
U.S. energy major Chevron Corp (CVX.N) has decided to continue negotiations with Thailand rather than seek arbitration to resolve a dispute over who should pay the bill for removing offshore oil and gas platforms, the company told Reuters on Wednesday.
— Reuters

House panel agrees 3 herbicides must be banned immediately
The House Committee to Explore Ways to Control Farm Chemicals has agreed to ban three herbicides, namely paraquat, glyphosate, and chlorpyrifos, with immediate effect.
— Thai PBS News

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men         @MenSreypov


Vietnam state utility EVN to borrow $278 mln to expand hydro plant
Vietnam’s state-run utility EVN will borrow up to 6.45 trillion dong ($278 million) to expand a hydroelectric plant near Hanoi, the government said on Wednesday, as the Southeast Asian country grapples with a looming shortfall in its power supply.
— Reuters

Vietnam’s $5 Billion Plan to Neutralize Trump’s Tariff Threats
Vietnam’s campaign to tamp down the Trump administration’s trade gap ire has come to a coastal commune better known for growing dragon fruit along one-lane potholed roads.
— Bloomberg

ADB retains Vietnam’s 2019 economic forecast at 6.8% amid global uncertainties
The economy remains healthy thanks to continued strength in domestic demand and sustained inflows of foreign direct investment, said ADB Country Director for Vietnam Eric Sidgwick.
— The Hanoitimes

See here for more of today’s Vietnam morning news


About Asean morning news.

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