ASEAN WEEKLY: 17-23 Sep 2018 – Charting Economy


ASEAN WEEKLY: 17-23 Sep 2018


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

Highlights of the past week • Rule of law in Southeast Asia • Economic Nationalism Is Back in Indonesia • Progress report for Thailand 4.0 • Singapore needs foreign tech talent • Is The End Of The Great Malaysian Property Malaise At Hand? • Duterte’s nostalgia economics • Vietnam President Tran Dai Quang dies • Myanmar 2.0 in the making? • Phnom Penh’s urban poor • Rail line through Laos ready in 2021 • What’s in the New Brunei-South Korea Defense Pact?


  • Rule of law is deteriorating across Southeast Asia Read
  • ASEAN sees fast growth in e-commerce, says ASOCIO chairman Read
  • What’s Next for the New ASEAN-Singapore Cyber Center? Read
  • Asean countries to establish framework for cybersecurity collaboration Read
  • ASEAN-South Korea Security Ties in the Spotlight at 2018 Seoul Defense Dialogue Read
  • How Asean should respond to geopolitical risks Read
  • Singapore workers worst hit by impact of AI in ASEAN Read
  • Eight Roads Ventures targets Southeast Asia deals Read
  • Southeast Asia’s production gains speed as China slows Read
  • Hitachi targets Lumada Centre as Asean hub Read


  • Indonesia ‘set to grow 5.2% this year’ Read
  • Economic Nationalism Is Back in Indonesia as Election Nears Read
  • Economics, not religion, to dominate Indonesia’s election Read
  • National movement needed to develop sharia economics: BI Read
  • Indonesian on verge of economic crisis as rupiah value plummets Read
  • Qatar Invests $100 Million in Indonesia Read
  • Indonesia interested in elevating economic relationships with Pakistan Read
  • What role do incubators play in the clean economy? Read
  • Cisco partners with Indonesian government to drive digital economy Read
  • In Indonesia, long-term foreign bond investors keep faith – for now Read


  • Thailand, Patient Zero in Asia’s Financial Crisis, Enjoys a Much Better 2018 Read
  • Thailand’s central bank can afford to wait before hiking rates Read
  • Thai August exports rise 6.68 pct y/y, beating forecast Read
  • Progress report for Thailand 4.0: Time to turn it off and on again? Read
  • Thai-Sri Lankan FTA ‘to be concluded by 2020’ Read
  • Electric vehicles on the fast track in Thailand Read
  • Trade War Stalks Thai Tourism Industry as Chinese Arrivals Plunge Read
  • Thai Law: How Foreign Investors Can Own Land Read
  • Bangkok’s street vendors decry evictions as authorities clean up Read
  • Economic case for investing in road safety Read


  • Escalating trade tensions could hurt Singapore’s exports Read
  • Singapore needs foreign tech talent: Ong Ye Kung Read
  • Singapore market still singing trade war blues Read
  • Singapore and China sign seven bilateral agreements Read
  • Singapore and Russia to expand business opportunities Read
  • Singapore August exports growth slows to 5% Read
  • Singapore start-ups get help finding partners with new online platform Read
  • Singapore and Suzhou boost trade partnerships Read
  • Biopharmaceutical giant Merck opens $20 million lab in Singapore Read
  • How ministerial salaries are calculated in Singapore Read


  • Malaysia’s economy fundamentally strong, resilient: Finance minister Read
  • Tourism contributes 14.9 pct to Malaysia’s economy Read
  • Anwar meets Daim on strengthening Malaysia’s economy Read
  • Need to restructure economy for better paying jobs Read
  • The two sides of the Malaysia Inc 2.0 coin Read
  • Malaysia’s international reserves slip to $103.9 bln as of Sept 14 Read
  • Malaysia’s Aug inflation rate at 0.2 pct y/y, a 3-1/2-year low Read
  • Malaysia cannot accept same-sex marriage, says Mahathir Read
  • Is The End Of The Great Malaysian Property Malaise At Hand? Read
  • Najib arrested, to face charges in 1MDB case Read


  • Philippines set to become upper middle-income economy by 2019 Read
  • ADB sees PH economy sustaining growth despite inflation Read
  • Duterte’s nostalgia economics will end badly for Philippines Read
  • Philippines spending spree fades as inflation hurts even foreign cash earners Read
  • Philippine peso to hit P58 vs $1, inflation to jump – Capital Economics Read
  • Philippines’ current account buffer deteriorates further in H1 Read
  • Commentary: A booming real estate market in the Philippines reveals its diaspora’s purchasing power Read
  • China buying more PH bananas Read
  • New CITEM head keen to elevate PH creative industry Read
  • Top flour mills are investing in the Philippines Read


  • Vietnam President Tran Dai Quang dies, aged 61 Read
  • Vietnam could lose growth momentum: economists Read
  • Vietnam Is One Of The Most Resilient EMs Read
  • Vietnam and Canada: CPTPP to Inspire More Trade, Investment Read
  • SEZs in Vietnam: What’s in a Name? Read
  • Textile industry must renovate Read
  • Vietnam needs to adapt to digitisation, meet hears Read
  • Number of firms in Việt Nam surges by over 50% Read
  • SBV pushes restructuring of credit institutions Read
  • Can Vietnam weather Trump’s trade storm? Read


  • Myanmar 2.0 in the making? Read
  • Canada accuses Myanmar of genocide against Rohingya Read
  • Facebook Waking Up to Genocide in Myanmar Read
  • Sustainable ecosystem needed for telecom boom in Myanmar Read
  • Myanmar bamboo growers rising steadily Read
  • Myanmar: media stranglehold Read
  • ASEAN MPs urge UN to act on devastating Rohingya atrocities report Read
  • New policies unavoidable if Myanmar is to keep up in AEC Read
  • Visitor growth to Myanmar slows to 2% this year Read
  • Myanmar telecoms tower deal puts TPG in pole position Read


  • Cambodia among fastest growing economies in region: McKinsey Read
  • Cambodia embraces booming Chinese investment Read
  • Investment in Cambodia promoted in China Read
  • PM calls for Kingdom to diversify economy Read
  • VN-Cambodia trade forum kicks off Read
  • Chinese gambling boom looms over Cambodia’s Kampot Read
  • Phnom Penh’s urban poor Read
  • Cambodia Needs Political Reform to Regain Credibility: Analysts Read
  • AmCham urges US lawmakers to reconsider possible sanctions Read
  • Phnom Penh’s glut of empty condos and homeless urban poor Read


  • Rail line through Laos ready in 2021 Read
  • Laos Accused of Copy-Pasting Dam Impact Survey Read
  • A New Cambodia-Laos Border Deal? Read
  • Centara inks deal to run AIDC-built hotels in Laos Read
  • Laos Sports Games Suspended Over Corruption Concerns Read
  • After Laos dam collapse, Korea funds off-grid prototype town Read
  • Laos’ opium-riddled mountains Read


  • What’s in the New Brunei-South Korea Defense Pact? Read
  • Military Drills Put UK-Brunei Defense Ties in the Spotlight Read
  • Brunei government vows to eliminate school bullying Read
  • Brugoat makes Brunei’s first live goat supply to Sarawak Read
  • Brunei, Singapore join hands to enhance efficiency of civil service Read


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