ASEAN WEEKLY: 8-14 Jan 2018 – Charting Economy


ASEAN WEEKLY: 8-14 Jan 2018


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

Highlights of the past week • Corruption in South-East Asia • Indonesia’s booming online shopping • SET reaches all-time high • More Filipinos see better life, economy this year • City of the future: Tokyo vs Singapore • Malaysian business sentiment hits a new high • The Vietnamese Stock Market and the Magic of Compounding • Financing Myanmar’s economic miracle • Rosy outlook for Cambodia’s SMEs • Laos dances to survive between China and Vietnam • Brunei builds tourism appeal


  • Singapore takes the hot seat: Steering Asean amid challenges Read
  • Increasing US-ROK-ASEAN Cooperation Read
  • Indonesia takes Asean lead on S.China Sea dispute Read
  • India is late in reaching out to Asean: The Jakarta Post Read
  • South-East Asia in the grip of chilly weather Read
  • A breakthrough year for Russia in South-east Asia? Read
  • Why Foreign Businesses Will Put Up With Some Corrupt Practices In Southeast Asia Read
  • Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai Read
  • Hyundai Motor considering plant in Southeast Asia after China setback Read
  • South-east Asia stocks rise, Thai shares hit record high Read


  • World Bank Positive about Economic Growth Indonesia in 2018 Read
  • Indonesia Will Boost Economy Through Defense Industry: Minister Read
  • Indonesia’s regional elections will not derail economic reforms – fin min Read
  • Bank Indonesia to Open Beijing Office to Boost Links With China Read
  • Indonesia pivots to Islamic world, advances on world stage Read
  • Indonesian loan growth picks up last year Read
  • Indonesia warns against owning, selling, trading cryptocurrency Read
  • Indonesia’s December motorbike sales fall 5 pct y/y Read
  • Indonesia may extend high-speed railway to cover airports Read
  • Indonesia: A Booming Market for Online Shopping Read


  • Thai junta’s key economic project draws $9 billion investment Read
  • Can the Thai economy ever be Southeast Asia’s front-runner again? Read
  • Thailand should take advantage of the ‘Asian Century’: The Nation Read
  • Thai junta stakes legacy on industrial plan Read
  • Somkid: Full-year growth for 2017 projected at 4% Read
  • BOI aims to attract Bt720 billion in investment Read
  • Baht crosses over 32 benchmark Read
  • SET reaches all-time high of 1802.80 Read
  • Smoking to be stubbed out on Thai beaches Read
  • Thailand’s Central Group Expects Online Surge Through JD Pact Read


  • Nomura: Indonesia and Philippines to lead regional growth Read
  • PH to remain fastest-growing economy in Asean — World Bank Read
  • Philippines Plays Catch-Up as More Central Banks Tap ‘Big Data’ Read
  • ING Bank expects another 1% rise in 2018 inflation amid tax reform Read
  • PHL has what it takes to hit $8.2-billion FDI target for 2018 Read
  • SWS: More Filipinos see better life, economy this year Read
  • High ratings: A perfect opportunity Read
  • Developer bets big in vibrant Katipunan Read
  • Top 1000: How key business sectors performed Read
  • EXPLAINER: How the tax reform law affects Filipino consumers Read


  • Singapore well positioned to gain from Industry 4.0 Read
  • Road map to boost Singapore’s edge in maritime industry Read
  • Singapore passport ranks second globally, first in Asia Read
  • Singapore takes the hot seat: Steering Asean amid challenges Read
  • Singapore firms must uphold integrity: Indranee Read
  • Taxes, transformation and tooling up for the future Read
  • Singapore dollar surges to 2015 levels Read
  • Singapore November retail sales rise highest in nearly two years Read
  • Construction sector to drag 2018 GDP growth Read
  • City of the future: Tokyo vs Singapore Read


  • RAM: Malaysia’s economy to expand 5.2% in 2018 Read
  • Malaysia’s economic momentum to remain upbeat Read
  • Malaysia’s economy a big winner, says analyst Read
  • Positive ringgit backed by robust economic growth — Johari Read
  • Malaysian travel trends a sign of good economy, report says Read
  • Malaysia’s political parties gearing up for general elections Read
  • Malaysian equity in hands of more foreigners than locals Read
  • Malaysia’s November industrial production growth beats view Read
  • How Will Malaysia’s Najib Razak Fare in 2018? Read
  • Malaysian business sentiment hits a new high Read


  • Vietnam’s economy stays its course despite external headwinds Read
  • Vietnam Aims to Become New Economic Tiger in Asia Read
  • As economic growth ebbs, Vietnam needs boost in productivity Read
  • Health sector reform proceeding well Read
  • Sale of motorcycles up in 2017: VAMM Read
  • Airports corp mishandled $280m Read
  • Company reports must meet world standards Read
  • The Vietnamese Stock Market and the Magic of Compounding Read
  • Agriculture gets nuclear boost Read
  • Standard Chartered Bank ends 12-year partnership with ACB Read


  • Myanmar economy grows despite refugee crisis Read
  • Myanmar confident of economic take-off this year Read
  • Financing Myanmar’s economic miracle Read
  • Myanmar’s Tanintharyi region invites power investments Read
  • Myanmar should focus on industrialisation, export strategy for better value Read
  • Japan’s foreign minister visits Myanmar Rohingya villages Read
  • Yangon to build $400 million elevated expressway Read
  • Govt ‘needs to create a million jobs’ by 2020 Read
  • EuroCham Myanmar chief: ‘We advocate for a fairer, level playing field’ Read
  • Myanmar takes small steps towards providing greater liquidity for SMEs Read


  • Cambodia economy to grow at 6.9% this year: Central bank Read
  • Cambodia’s Knowledge-Based Economy: More Than BRI – Analysis Read
  • Chinese investors, tourists contribute to Cambodia’s socio-economic development: business leaders Read
  • Chinese premier vows to build community of shared future with Cambodia Read
  • ADB Provides Support for Three Infrastructure Projects in Cambodia Read
  • Taxation agreement with Singapore in effect Read
  • Inflation in 2017 low and ‘manageable’ Read
  • Business Insider: Rosy outlook for Cambodia’s SMEs Read
  • Vendors to protest for border fee reductions Read
  • Digital signatures to speed up transition to online economy Read


  • Will costs continue to cage Laos’ regional connectivity? Read
  • Laos transfers 104 telecom fraud suspects to China Read
  • China Pours Billions in Aid and Investment Into Laos Read
  • Myanmar to sign MoU on purchase of power with Laos Read
  • Laos dances to survive between China and Vietnam Read
  • HCM City, Laos officials share experiences in land management Read
  • Lao govt bolsters support for renewable energy Read
  • Laos: Nam Ngum reservoir plan seeking to shore up investors Read


  • Brunei central bank dismiss rumors of counterfeit note Read
  • Brunei amongst safest countries in US travel advisory Read
  • Flash floods, traffic chaos as heavy downpour lashes Brunei Read
  • BIBD mobile and digital banking services best in Brunei Read
  • Brunei passport moves up in global ranking Read
  • Brunei builds tourism appeal Read


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