ASEAN WEEKLY: 3-9 Sep 2018 – Charting Economy


ASEAN WEEKLY: 3-9 Sep 2018


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

Highlights of the past week • Asean 4.0 • How low can the rupiah go? • Thailand ‘haven’ in emerging-market rout • In ‘Crazy Rich Asians’ Singapore’s tech and opulence get starring roles • The bumiputera economic agenda is still relevant • Is Trump to blame for spiraling Philippine inflation? • Walmart’s Vietnam • Why Gap Should Rethink Its Business In Myanmar • Cambodia’s plastic problems • Economic Growth In Laos • Brunei’s tourist arrival growth


  • World Economic Forum on ASEAN to discuss 5 key topics Read
  • 80 startup companies to feature at World Economic Forum on ASEAN in Vietnam Read
  • ASEAN summit without President Trump Read
  • Can ASEAN Turn Geostrategic and Technological Disruption into Opportunity? Read
  • Possible Trade Agreement Between the EEU and ASEAN Read
  • Asean 4.0: Making it work for the future Read
  • Where Is ASEAN Air Force Cooperation Headed? Read
  • Asean and Canada – building bridges across the Pacific Read
  • The cost of healthcare is rising in ASEAN. How can nations get the most for their money? Read
  • How cybersecurity and data storage laws could pull the plug on Southeast Asia’s digital economy Read


  • Another Indonesian Financial Crisis? Not Quite. Read
  • Q&A: How low can the rupiah go? Read
  • Amid currency crisis, businesses look at alternate ways in Indonesia Read
  • Bank Indonesia to beef up tools in battle to shield rupiah after currency hits 20-year low Read
  • Indonesia raises import taxes on 1000-plus goods to support rupiah Read
  • Rupiah Rout Puts Indonesian Debt in Spotlight as Vote Looms Read
  • Singapore, Indonesia agree to conclude investment pact talks Read
  • Indonesia Aims at Exporting Electric, Hybrid Cars to Oz Read
  • Indonesia’s Go-Jek to partner with peer-to-peer lending firms Read
  • Indonesia’s bourse to launch tech segment Read


  • Thailand sidesteps currency storm Read
  • Thailand ‘haven’ in emerging-market rout Read
  • Confidence levels in the Thai economy continue to rise Read
  • Interest rate hikes in store for Thailand, Indonesia Read
  • Google maps out a digital Thailand Read
  • Warring Thai political parties open to cooperating against junta Read
  • Thai shippers raise export growth forecast, see trade war opportunities Read
  • European firms wooed for creation of financial hub in EEC Read
  • Thailand Emerges as Leading Blockchain Economy Read
  • Upcoming festival to turn Bangkok into heart of contemporary arts Read


  • Economists keep Singapore’s 2018 growth forecast at 3.2%: MAS survey Read
  • Experts split over impact of global economy on Singapore Read
  • Singapore manufacturing picks up in August, ending slowing trend Read
  • GDP still vital tool, but new ways needed to take Singapore’s pulse Read
  • Singapore ranked 28th in global retirement security index Read
  • Sri Lanka would lose out if Singapore FTA is abandoned: Trade Expert Read
  • Singapore, Indonesia agree to conclude investment pact talks Read
  • Here are the 5 fastest-growing jobs in Singapore, says a LinkedIn survey Read
  • In ‘Crazy Rich Asians’ Singapore’s tech and opulence get starring roles Read
  • Singapore PMI in August loses further momentum Read


  • Malaysia Central Bank Holds Rate Amid Subdued Inflation Read
  • Anwar meets Daim for chat on economy, stronger Bumiputera agencies Read
  • I’ll find it tough to manage the economy, says Anwar Read
  • Frictions in global trade order – and what this spells for Malaysia Read
  • Rise of the app-trepreneurs Read
  • Council urges better economic ties between Nigeria, Malaysia Read
  • China’s biggest builders are sure that Xi Jinping can help them get Malaysia contracts back on track Read
  • Win-win deals with China Read
  • Analysts: Wage rise to equalise gap between Peninsula, East Malaysia Read
  • The bumiputera economic agenda is still relevant Read


  • Duterte blames ‘friend’ Trump for Philippine economy woes Read
  • Fact check: Is Trump to blame for spiraling Philippine inflation? Read
  • Consumers turn gloomy over Philippine economy in Q3 2018 Read
  • [ANALYSIS] Why is Philippine inflation now the highest in ASEAN? Read
  • Philippines to gradually boost reserves that’s at 6-year low Read
  • Philippines’ Richest 2018: Billionaire Builders Push Ahead With Infrastructure Projects Read
  • Trust in Philippines’ Duterte hits lowest point: poll Read
  • Technology can grow PH economy 10% faster: PIDS Read
  • Grab wins Philippine regulator’s nod to charge extra fee Read
  • Philippines far from fully adapting, benefiting from digitization Read


  • Vietnam’s economic zones derailed by anti-China protests Read
  • Rice exports set to go up on increasing demand Read
  • Walmart’s Vietnam Read
  • Banks step up auctions to resolve bad debts Read
  • Việt Nam, Russia sign various co-operation agreements Read
  • Đồng Nai’s exports hit $12.2b in eight months Read
  • President Jokowi to visit Hanoi to develop Indonesia-Vietnam economic potential Read
  • Footwear industry at technological crossroads Read
  • Sri Lanka strengthening relations with Vietnam Read
  • PM urges increased support for innovative start-ups Read


  • Myanmar official says ‘totally underestimated’ economic impact of Rohingya crisis Read
  • EU weighs new sanctions against Myanmar over Rohingya Read
  • Why Gap Should Rethink Its Business In Myanmar Read
  • As the West isolates Myanmar, some investors dig in for the long term Read
  • Pressure on Myanmar must continue following show trial of journalists Read
  • Myanmar to send commercial attaches to more countries Read
  • Myanmar defends Suu Kyi’s silence over jailed reporters Read
  • Myanmar’s mining sector reopens to investors Read
  • At least five more years needed for Myanmar to go cashless Read
  • Why retaining valuable talent is difficult for Myanmar companies Read


  • One-party Cambodian parliament gives Hun Sen a new term Read
  • Adapting to Industry 4.0 a top priority: Ministry Read
  • Kem Sokha: Jailed for standing up to Cambodia’s strongman Read
  • Plans announced for construction of tourist city in Cambodia Read
  • Making cashless trendy in Cambodia: the story of Pi Pay Read
  • Dams spell catastrophe for Cambodia, but an alternative exists Read
  • Cambodia’s plastic problems Read
  • Kingdom urged to adapt with industry 4.0 Read
  • Cambodia needs to invest in public sector innovation Read
  • The Lingering Effects of the Cambodian Genocide on Education Read


  • Death Toll Rises in Floods, Landslides in Laos Read
  • Laos, China ink deal on railway service training college Read
  • Laos launches website to promote and preserve traditional food and farming Read
  • Economic Growth In Laos To Moderate But Remain Robust Read
  • Laos’ hydropower ambitions threaten Mekong fishing villages Read
  • Laos Central Bank Warns Public Against Cryptocurrency Trading Read
  • Luxe arrives in Laos Read


  • Brunei’s tourist arrival growth is SEA’s 3rd fastest Read
  • Bypass Brunei to benefit rural folks, boost tourism and economic growth Read
  • Brunei to participate in ASEAN-Korea Startup Week Read
  • Brunei can be major supplier of hydrogen, say experts Read
  • China’s Hengyi pushes back Brunei refinery start-up to Q2 2019 – sources Read
  • Brunei calls for unified law enforcement body for ASEAN Read


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