ASEAN WEEKLY: 21-27 Aug 2017 – Charting Economy

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ASEAN WEEKLY: 21-27 Aug 2017

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

Highlights of the past week • ASEAN’s digital economy • Indonesia`s Sharia Economy • Thailand Economy Grows at Fastest Pace in Over Four Years • Wealth of 50 Filipinos • Singapore’s long game in innovation • Malaysia’s deindustrialisation is worrying • Vietnam president’s mysterious absence • Economy More Important Than Democracy in Myanmar • Keeping it riel • Could new China railway put Laos on the tourist map?  • Popularity of Malay Language in Brunei Begins to Fade

ASEAN

  • Asean will march into digital economy to beat of own drum Read
  • Winning hearts, minds in Asean Read
  • Asean and the EU: Differences and challenges Read
  • Brexit serves as a warning to ASEAN Read
  • Unity, solidarity key to ASEAN success: Vietnamese party leader Read
  • Hi-tech deal inked to aid Asean fishing Read
  • Asean needs a new priority cluster of e-services for integration boost Read
  • Trump seen as the only obstacle to the rise of Asean Read
  • Toward an Asean circular economy Read
  • ASEAN can help address the Korean crisis Read

Indonesia

  • Bank Indonesia: Indonesia`s Sharia Economy Lags behind Read
  • Bank Indonesia Expects Govt Spending Boosts Economic Growth Read
  • Indonesia’s banking industry is attracting many investors — but there are major risks Read
  • Bank Indonesia unexpectedly cuts interest rates Read
  • Malaysia, Indonesia Plans to Export Palm Oil to China Read
  • Ghosts of the Asian financial crisis still haunt Indonesia Read
  • Indonesian startups face same drawbacks and advantages Read
  • China, Indonesia to promote economic cooperation Read
  • Jack Ma says infrastructure is a ‘key challenge’ to Indonesia’s ecommerce growth Read
  • Indonesia, Vietnam agree to boost economic, maritime cooperation Read

Thailand

  • Thailand Economy Grows at Fastest Pace in Over Four Years Read
  • WB raises GDP growth forecast to 3.5% Read
  • Thai central bank warns off foreign traders as baht rises Read
  • Future Developments To Place Thailand A True “Kingdom Of Bleisure” Read
  • BoI tasked with stimulus drive Read
  • Thailand’s ex-PM Yingluck Shinawatra pulls vanishing act on crunch court date Read
  • A window for change opens for Puea Thai Read
  • Local tech firms urged to ride on Thailand’s start-up boom Read
  • Bangkok’s abandoned ‘ghost’ towers still stand 20 years after crash Read
  • Thailand’s Demography Challenge Read

Philippines

  • Philippine Economy Grows by 6.5 Percent in the Second Quarter Read
  • Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results Read
  • Philippines, Indonesia and India Have Got a Fed Problem Read
  • S&P keeps Philippine growth forecast at 6.4 pct Read
  • Wealth of 50 Filipinos account for 24% of PH’s 2016 GDP Read
  • Korean firms leave Philippines for Vietnam Read
  • Government, businesses urged to support tech-startups Read
  • StanChart hosts first PH investment roadshow Read
  • Why the new UPS boss is bullish on Philippines Read
  • Philippine transport regulator says will lift Uber suspension if hefty fine paid Read

Singapore

  • Manufacturing keeps up strong pace of growth Read
  • PM: Singapore can do more as a Smart Nation Read
  • Singapore to double spending on pre-school education in next 5 years Read
  • Singapore’s long game in innovation Read
  • STB and EDB launch new brand to market Singapore abroad Read
  • Income tax, GST take taxman’s haul to new peak of S$47b Read
  • Brand ‘sends clear message on what S’pore has to offer’ Read
  • Turkish PM’s visit to Singapore to focus on economy Read
  • Why start-ups like to set up in Singapore but list in Hong Kong Read
  • Singapore, Thailand sign 2 deals to boost tech links Read

Malaysia

  • Malaysia should calculate GDP in US dollars, says business leader Read
  • Morgan Stanley positive on Malaysia’s economy Read
  • Johari: No need to measure Malaysia economy in US$ Read
  • Ignoring Chinese FDI will have economic consequences Read
  • Paradox of Malaysia’s success Read
  • Trump thanks Malaysia for search and rescue aid Read
  • Economist says Malaysia’s deindustrialisation is worrying Read
  • Malaysia, Indonesia Plans to Export Palm Oil to China Read
  • Malaysia car sales remain depressed Read
  • Ringgit likely to trade higher at 4.25-4.27 against greenback next week Read

Vietnam

  • Vietnam economic future uncertain as it still relies on FDI: experts Read
  • In Vietnam, Repression Threatens Growth Read
  • As the US steps back, Vietnamese wonder if China is taking control Read
  • Vietnam president’s mysterious absence raising eyebrows Read
  • Vietnam’s GDP Won’t Meet Its Goal This Year — And That’s OK With Most Investors Read
  • Ministry drafts auto part tax cut Read
  • Government bond auctions run into problems Read
  • Huge strides in Qatar-Vietnam ties: Envoy Read
  • VN’s hopes three SEZs to attract billions of USD in investment Read
  • High-tech agriculture: HCM City boosts cooperation with Australia Read

Myanmar

  • Economy More Important Than Democracy in Myanmar, Survey Says Read
  • Myanmar hosts SME exhibition to boost economy Read
  • NLD saved country from possible ‘bankruptcy’, says adviser Read
  • Decline in optimism, economic outlook under NLD, says poll Read
  • Grab will pour $100m into Myanmar as it faces off with Uber Read
  • Myanmar urged to grant Rohingya citizenship Read
  • IFC supports Myanmar’s agricultural sector Read
  • US has opportunity to solve Myanmar’s energy dilemma Read
  • Myanmar blames India for restricting pulses import quota Read
  • Myanmar needs English proficiency to plug into international economy Read

Cambodia

  • Keeping it riel: Shaking Cambodia’s dollar dependency Read
  • The Cambodia Conundrum: What Is Wrong With Hun Sen? Read
  • Government Inks Deal with KrisEnergy for Cambodia’s First Oil Field Read
  • A look beyond income reveals a dark future for Cambodian inequality Read
  • Will car-hailing services make tuk tuks irrelevant in Cambodia? Read
  • The Cambodia 2018 election: Issues and implications Read
  • Cambodian newspaper faces closure over tax demand Read
  • US takes aim at Cambodia over attacks on NGO and media Read
  • Cambodian govt closes 15 radio stations Read
  • Cambodia set to permanently ban commercial surrogacy Read

Laos

  • Laos looks to step up from LDC status by ’30 Read
  • Cambodia, Laos find common ground after border row Read
  • Could new China railway put Laos on the tourist map? Read
  • Laos Moves to Restrict ‘Disordered’ Lottery System Read
  • Laos pledges to foster scientific research Read
  • Hydropower, resources to spur Lao’s ties with region Read

Brunei

  • Brunei hydrogen plant to fuel cars at Tokyo Olympics Read
  • Research: Popularity of Malay Language in Brunei Begins to Fade Read
  • Ambassador hails decades-long US-Brunei ties Read
  • Instilling a culture of safety in Brunei construction industry Read
  • Brunei not experiencing any flu outbreaks: MoH Read
  • Focus on sustainable business practices Read

 

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