ASEAN WEEKLY: 12-18 June 2017 – Charting Economy

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ASEAN WEEKLY: 12-18 June 2017

Weekly roundup of ASEAN economic news and updates from local and international press.

Highlights of the past week • Asean, a global food basket? • Google Agrees to Pay Taxes to Indonesia • Thailand’s Red Tape • Six heirs of a Filipino-Chinese billionaire • Lee family feud rocks Singapore • Malaysia’s IPO market • Startups in Vietnam • Myanmar hopes to strike tourism gold • Cambodia’s 10-Year Financial Plan • Pyramid Scheme Leaves Lao Investors in the Lurch • Brunei triumphant

ASEAN

  • ‘Crisis hotline between Beijing and Asean works’ Read
  • Asean, a global food basket? Read
  • Circling around the Asean problem Read
  • Asean cold chain network on the cards Read
  • ASEAN essential for regional peace: FM Read
  • KPMG: 83% of Asean CEOs aim for their businesses to be disruptors Read
  • Internet of Things to drive digital transformation in Asean Read
  • Asean, S. Korea trade value set to rise sharply Read
  • Europe has role in Asean infrastructure boom Read
  • KTM strengthens ASEAN game-plan with new Philippines plant Read

Indonesia

  • Late night Ramadan shopping shows Indonesia’s economic spirits Read
  • World Bank Predicts Economy of Indonesia to Grow 5.3 Percent Read
  • VN, Indonesia boost energy co-operation Read
  • Did Indonesia’s Manufacturing Lose Momentum in May 2017? Read
  • Indonesia, Poland Explore Economic Cooperation Read
  • Indonesia wants investment, not loans, minister says Read
  • Malaysia to increase investments in Indonesia Read
  • Bank Indonesia revises down economic growth projection Read
  • Banyuwangi Urged to Focus Developing Tourism Read
  • Google Agrees to Pay Taxes to Indonesia Read

Thailand

  • WB urges open bid for Thai-Sino rail Read
  • GDP to grow by ‘more than 3% this year and next’ Read
  • Japanese on board for EEC, 4.0 push Read
  • Thailand Post to deliver logistics to EEC Read
  • Thailand’s May tourist arrivals up 4.6 pct y/y – ministry Read
  • Cut red tape to spur digital economy: BOT chief Read
  • Ad spending drops as online takes over Read
  • Strong Thai baht still moving in line with peers – c.bank Read
  • Thailand’s Forgotten Insurgency Read
  • Thailand eyes OBOR for Eurasian market Read

Philippines

  • PH economy seen facing risk of overheating Read
  • NEDA expects Philippine economy to grow faster in Q2 Read
  • Strong economic growth boosts Philippine port volumes Read
  • Philippine c.bank sees first current account deficit in 15 years Read
  • PH infra buildup on track despite Marawi conflict Read
  • Independent lender takes on Philippine conglomerates Read
  • Philippines Tax Reform Bill Passed: ETFs in Focus Read
  • Aboitiz Power sees bright prospects; Veco bets on Cebu’s potential Read
  • Six heirs of a Filipino-Chinese billionaire Read
  • Philippines-US ties almost a family relationship – US official Read

Singapore

  • Could Singapore’s economy be on a downturn again? Read
  • Singapore exports shrink again in May but electronics hold up Read
  • Experts upbeat about Singapore’s economy Read
  • Singapore ranks 7th in global innovation index Read
  • Civil servants to get mid-year bonus of 0.5 month Read
  • Singapore Is Beating Hong Kong As Asia’s Best Place To Do Business Read
  • Singapore: Economists raise full-year GDP forecasts to 2.5% Read
  • Singapore firms urged to make the most of India’s biggest tax reform Read
  • Lee family feud rocks Singapore Read
  • 3 out of 4 Singapore CEOs confident amidst uncertain global economy Read

Malaysia

  • World Bank pegs positive view on Malaysia’s economy outlook in 2017 Read
  • Economist: Malaysian economy healthy now, but murky long term Read
  • Services driving economy, but what’s next? Read
  • Malaysia’s GE14: Bread and butter or political issues the key? Read
  • Ideas: Liberalism still an alien concept to Malaysians? Read
  • Johor banks on tourists, rails, ports and parks to drive economy Read
  • IPO market heats up Read
  • China money too big to ignore for Malaysia’s top fund manager Read
  • Is competitiveness on a downtrend Read
  • Shining beacons in 1Q17 Read

Vietnam

  • Startups in Vietnam Read
  • Việt Nam’s path to emerging market status Read
  • VN targets parity between FDI, domestic firms Read
  • Report: Vietnam’s growth could reach 6.7% but sustainability in doubt Read
  • City banks create $5b link-up programme Read
  • New decree a game changer for transfer pricing Read
  • Stocks rise on bargain-hunting Read
  • Property disputes are Vietnam’s biggest political problem Read
  • HCM City economy grows ahead of 2016 pace Read
  • Consumer loans rise nearly 30% by end May Read

Myanmar

  • NLD adviser defends govt’s economic management Read
  • Promise and hurdles for foreign investment in Myanmar Read
  • Repositioning Myanmar through the Belt and Road Initiative Read
  • With a forgotten temple city, Myanmar hopes to strike tourism gold Read
  • Myanmar-China trade reaches $10 billion every year Read
  • Myanmar’s San Suu Kyi visits Sweden Read
  • Tech institute to reopen after 17 years Read
  • Myanmar, an unfinished nation Read
  • Why One CEO Believes Myanmar Will Become A Tech Leader Read
  • Myanmar editor facing trial for posting satirical article Read

Cambodia

  • Government Launches Its Ambitious 10-Year Financial Plan Read
  • Strategy promises inclusive economic growth Read
  • Economists Assail Opposition Proposal to Ditch US Dollars Read
  • Sihanoukville zone prospers on China links Read
  • Cambodian local elections point to a tight parliamentary race Read
  • Etihad Cargo launches direct flights to Cambodia Read
  • Report says farming workforce halved Read
  • Local bond market on the horizon Read
  • Two more arrested over Ponzi scheme Read
  • Cambodia’s Angkor Wat Named World’s Top Landmark Read

Laos

  • VN helps boost Lao workers’ skills Read
  • GE opens Laos office, its 10th in Southeast Asia Read
  • Pyramid Scheme Leaves Lao Investors in the Lurch Read
  • Groups discuss impact of upcoming Laos dam Read
  • Laos’ Thongloun: Don’t view region’s diversity as a ‘hindrance’ Read
  • Daewoo Engineering signs MOU for infrastructure projects in Laos Read
  • TRIS affirms Laos’ EDL-Generation’s rating at BBB+ Read
  • Smart phone new media course in Laos Read

Brunei

  • Brunei triumphant Read
  • Brunei’s largest bank aims to raise up to RM2.1b in Malaysian listing Read
  • Make Al-Quran part of Brunei culture: Sultan Read
  • SEZ to transform Brunei into world-class economic hub Read
  • Beijing is Brunei’s new best friend Read
  • Brunei faces challenge of inadequate blood supply: health minister Read

 

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