ASEAN WEEKLY: 13-19 Aug 2018 – Charting Economy


ASEAN WEEKLY: 13-19 Aug 2018


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

Highlights of the past week • What a trade war means for Southeast Asia • Why an Emerging Market Rout Has Hit Indonesia So Hard • Thailand shielded from Turkey rout • Singapore 2Q18 growth • Malaysia’s govt’s first 100 days • Record year ahead for Philippine real estate • Vietnamese coffee scene heats up • Why Facebook is losing the war on hate speech in Myanmar • How Will the World Respond to Cambodia’s Election? • Disaster-risk management in Laos • Brunei’s aging population


  • Singapore calls for Asean cooperation in cyber security Read
  • The relevance of Turkey’s participation in the ASEAN regional forum Read
  • Asean is here to stay Read
  • UOB sees low risk of contagion effect for Asean currencies Read
  • Thailand prepares for ASEAN chairmanship in 2019 Read
  • Cheap imports entering via Asean trade pact may hit Make in India Read
  • Digital villages in rural ASEAN Read
  • What a trade war means for Southeast Asia Read
  • Ping An Good Doctor to work with Grab in Southeast Asia Read
  • Residency Schemes in ASEAN – Eligibility Requirements Read


  • Indonesian president sets higher economic growth target for 2019 Read
  • Indonesia Vows Tighter Budget to Ward Off Turkish Contagion Read
  • Indonesia fights Turkey fallout with surprise benchmark rate hike Read
  • Indonesian govt urges exporters to shore up tumbling rupiah Read
  • Indonesia hopes for an Asian Games economic bonanza Read
  • Indonesia’s Oil Sector In Jeopardy As Elections Loom Read
  • Why an Emerging Market Rout Has Hit Indonesia So Hard Read
  • Economic nationalism eclipses Islam as key Indonesian election issue Read
  • Indonesia’s booming gig economy means big tradeoffs for workers Read
  • Three Indonesian tech unicorns unite to back digital insurance startup Read


  • Thai central bank plays it cool while Turkey stokes heat Read
  • Thailand scraps new economic zones and plans regional linkups Read
  • Thailand shielded from Turkey rout Read
  • Thai teachers’ default highlights crippling household debt Read
  • PM calls for a digital ecosystem for region Read
  • Thai Tourism Boom Spurs US Hotel Firm to Export New York Cool Read
  • How Thailand 4.0 rescues Thailand from the middle-income trap Read
  • South economic push plays to strengths Read
  • Pathum Thani to grow into ‘Market City of Thailand’ Read
  • E-tourism and why it is necessary for the ever-transforming Thailand Read


  • Singapore economic growth eases to 3.9% in 2nd quarter Read
  • Singapore non-oil exports notch 11.8% growth in July, beating forecasts Read
  • Singapore fintech firms joining the dots in Africa’s digital frontier Read
  • Swiss companies leverage on Singaporean workers’ ethos Read
  • Property curbs and trade war a double whammy for Singapore banks Read
  • Factory-less manufacturers one reason behind output-export gap Read
  • Rep: Too many Malaysians working in Singapore Read
  • Bank of S’pore sees limited impact from Turkey’s crisis Read
  • Singapore July private home sales soar 55 pct y/y Read
  • SMEs must team up to survive disruption: Heng Swee Keat Read


  • Malaysia Q2 GDP growth drops to 4.5%, slowing for third straight quarter Read
  • US-China conflict may curb Malaysia’s GDP growth Read
  • Can Malaysia Reap the Benefits of the Digital Economy? Read
  • Fitch affirms A- rating for Malaysia, estimates Govt debt at 65% of GDP Read
  • Malaysian PM heading to China with mega-projects in focus Read
  • Malaysian SMEs beat out SG and HK when adopting new technologies Read
  • ‘SST to boost consumer spending’ Read
  • Local investors spooked by macro issues — PwC Malaysia Read
  • Digitalisation, expansion of customer base to drive Citi Malaysia Read
  • Malaysia’s govt makes a slow but good start in first 100 days: Sin Chew Daily contributor Read


  • Philippine economy seen weathering possible Turkey contagion Read
  • IMF, Moody’s Investors give Philippine economy seal of approval Read
  • The dynamic and proud young Filipinos driving economy rated ‘Best to Invest’ in 2018 Read
  • Why natural gas makes sense for PH economy Read
  • Economy to speed up on second half of 2018 – Palace Read
  • Duterte’s federal Philippines dream raises ‘fiscal nightmare’ fears Read
  • Federalism to pump prime economies of 18 regions: ConCom Read
  • Duterte May Hand Reins to Only Son of Philippine Dictator Ferdinand Marcos Read
  • Record year ahead for Philippine real estate Read
  • Ramco continues Philippines growth Read


  • Vietnam’s economy in 2018-2020 as seen by PM’s advisory team Read
  • Vietnam, Asia’s newest ‘tiger’ economy, roars in 2018: QNB Read
  • What challenges face VN’s economy in H2? Read
  • Vietnamese steel sector caught in US-China trade war Read
  • Vietnam should take action to prevent external economic shocks Read
  • Growth of exports to China slows down Read
  • Investment opportunities in Vietnam’s economic zones Read
  • Moody’s upgrades ratings for Vietnam Read
  • Vietnamese coffee scene heats up while Starbucks takes its time Read
  • Vietnam is most vulnerable in Southeast Asia to trade war Read


  • Kyat stabilises after CBM pumps US$4 million into economy Read
  • China Beating Japan in War for Economic Influence in Myanmar Read
  • Why Facebook is losing the war on hate speech in Myanmar Read
  • Myanmar to send 40000 migrant workers to Thailand as offered Read
  • Chinese-Funded Port Gives Myanmar a Sinking Feeling Read
  • Myanmar accepts loan from Italy as foreign debt rises Read
  • Myanmar urged to tap green power Read
  • Unearthing the Truth in Myanmar Read
  • Myanmar, Thailand ink agreements on airlines, shrimp breeding Read
  • Private school is not so cool Read


  • Cambodia Prime Minister Hun Sen thanks China as he confirms winning all 125 seats in unopposed election Read
  • Cambodia’s Ruling Party Takes Full Control of Parliament Read
  • How Will the World Respond to Cambodia’s Election? Read
  • The benefits of securities markets Read
  • A helping hand in GREEN GROWTH Read
  • EU should reconsider effects of its sanctions Read
  • Fintech association launched Read
  • Tech disrupts Cambodia’s tour guides Read
  • Cambodian Migrant Workers Dream of Opportunities at Home Read
  • Chinese tourists to Cambodia reach nearly 1 mln in H1 Read


  • All eyes on Lao dam tragedy probe Read
  • Disaster-risk management in Laos Read
  • Survivors Remember Horror of Laos Dam Collapse Read
  • Laos suspends new dams as tragedy raises wider fears Read
  • Deal struck to curb Thai, Lao car fumes Read
  • Blockchain technology summit brings digital economy to Laos Read


  • Brunei-Singapore Military Ties in Focus With Introductory Visit Read
  • Anchor Resources to supply granite to Brunei construction firm Read
  • Foreign and Commonwealth Office Minister to visit Brunei Read
  • Brunei sees aging population as a significant asset Read
  • New plant seeks to develop Brunei’s petrochemical industry Read
  • Foreign Halal companies looking to invest in Brunei Read


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