ASEAN WEEKLY: 9-15 April 2018 – Charting Economy


ASEAN WEEKLY: 9-15 April 2018


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

Highlights of the past week • Asean and the art of living with China • German insurer Allianz buys $35m stake in Go-Jek • ‘Seven Deadly Days’: Road Safety in Thailand • The Philippines and the ‘trade war’ • Are Singapore’s SMEs really prospering? • Reform the Loser in Malaysia’s Coming Elections • Vietnam’s e-commerce prospers • 10 influential quotes on the Myanmar economy • Cambodian Expats Urge General Election Boycott • Laos seeks trade promotion • Tourist arrivals to Brunei record 18 per cent surge


  • Asean and the art of living with China Read
  • New Zealand supporting ASEAN-led initiatives Read
  • How should we measure ASEAN’s success? Read
  • ASEAN may play a key role in talks on the Korean Peninsula Read
  • Tax harmonisation in Asean: S’pore should take the lead Read
  • US-China trade row spells pain and gains for ASEAN Read
  • Call for Asean to step up in infrastructure financing Read
  • Trouble in Paradise: Tourism surge lashes Southeast Asia’s beaches Read
  • Businesses in Southeast Asia at risk of costly cybercrime — study Read
  • Thai energy firms roll out Asean expansions Read


  • ADB Puts GDP Growth Forecasts for Indonesia at 5.3% in 2018 & 2019 Read
  • Indonesia Can Be a $2.5t Economy by 2025 Read
  • Rudiantara Affirms to Close Facebook Read
  • Indonesia opposition party backs retired general to stand as president Read
  • Billionaire brothers in Indonesia chase telco assets Read
  • Economy in brief: Grab to operate in 120 Indonesian cities Read
  • Indonesia expresses interest to support Africa’s development Read
  • Indonesia Pumps Up Fuel-Price Controls as Election Year Looms Read
  • The Holy Grail of Coworking Space Read
  • German insurer Allianz buys $35m stake in Go-Jek Read


  • Limited impact on Thai economy from trade war Read
  • Thailand’s Lessons for Democratic Regression: A Review of “Owners of the Map” Read
  • Tycoon Eyeing Power Says Election Would Help Thai Economy Grow Read
  • Songkran offers cheer for credit card providers Read
  • World Bank raises Thailand 2018 growth forecast Read
  • ‘Seven Deadly Days’: Road Safety in Thailand Read
  • BoT offers seasonal narrative Read
  • Events growth lifts direct sales sector Read
  • Toyota eyes Thai battery hub Read
  • Bright prospects for Thailand in next EU report on fishing industry Read


  • Philippines entering ‘golden age for economic growth’ – ADB Read
  • The Philippines and the ‘trade war’ Read
  • The Philippines Plans a Green ‘Smart City’ as an Antidote to Manila’s Traffic and Pollution Read
  • Duterte seeks partnerships between homegrown, foreign firms Read
  • Neda: Global economy to sustain PH trade growth Read
  • Philippines’ Duterte sees Sino-Philippine ties to “bloom like a flower” Read
  • ANALYSIS: Can Mindanao lead the Philippines’ future growth? Read
  • 9 China firms eye $9.5-billion new investments in Philippines Read
  • The problem with the Philippine tourism industry Read
  • Game development—very much part of Creative Philippines Read


  • Singapore favours ‘organic’ policy in move toward open banking Read
  • Singapore uncertainty index climbs as trade war clouds outlook Read
  • Singapore top in Asia-Pacific for fifth year in drawing talent Read
  • Are Singapore’s SMEs really prospering? Read
  • Is Singapore Sri Lanka’s door to East Asia? Read
  • Lazada Cooperates with SME, Expands to Malaysia and Singapore Read
  • Singapore’s multilateral trade policies clash with Trump’s protectionism Read
  • Monetary Authority of Singapore Likely to Tighten Policy This Week Read
  • Singapore Airlines named the world’s best Read
  • Enterprise Singapore teams up to launch three HR initiatives Read


  • Reform the Loser in Malaysia’s Coming Elections Read
  • An election campaign Malaysia cannot afford Read
  • Malaysia’s Najib Banks on Cash Handouts as Election Date Is Set Read
  • ECRL to help further boost Malaysia’s economy Read
  • Lazada Cooperates with SME, Expands to Malaysia and Singapore Read
  • Malaysia’s AG term extended for another 3 years Read
  • Digital economy expected to show significant growth Read
  • US electrical and electronics firms invest RM42b in Malaysia Read
  • Invest in video game industry Read
  • Malaysia February factory output up 3 pct y/y, below forecast Read


  • Vietnam’s economy to grow 7.1 pct in 2018: ADB Read
  • Banks hit 25-30% of profit goal Read
  • Foreign investors are buying their way into Vietnam’s boardrooms Read
  • India, Vietnam discuss ways to boost ties Read
  • Moody’s gives positive ratings to four commercial banks Read
  • Vietnamese firms turn their backs on China for Japan, S Korea: report Read
  • Renewable energy projects up in 10 months Read
  • Motorbikes to be labelled with energy consumption Read
  • Logistic firms urged to get technological Read
  • Vietnam’s e-commerce prospers as growth rate soars Read


  • ADB Sees More Growth for Myanmar Economy, Pushes for Reforms Read
  • Economy yet to take off despite govt’s promise for growth; fixes needed Read
  • What they said: 10 influential quotes on the Myanmar economy in 2017-18 Read
  • Closing the global and national digital divide Read
  • Yoma Bank, Maha Agriculture support lending to microfinance Read
  • Myanmar president stresses firm establishment of judiciary Read
  • Kayah residents slam “fake industrial zone” Read
  • Dark clouds on the horizon as Myanmar embraces lethal coal power Read
  • Aung San Suu Kyi’s last chance to save herself Read
  • Myanmar’s New President Prepared for Crucial Role Read


  • ADB: Cambodia’s economy is expected to grow at 7 percent in 2018 Read
  • Japan, Cambodia sign $90 million aid deal Read
  • King praises government for economic growth Read
  • Saints and Sinners of the south coast Read
  • Cambodia, Myanmar frontier for VN firms: experts Read
  • Logistics innovator to set up online shop Read
  • Counterfeit product vendors have no fear: minister Read
  • Cambodia Launches First Airport Railway Service Read
  • Hun Sen officially launches Kantha Bopha foundation in Cambodia Read
  • Cambodian Expats Urge General Election Boycott Read


  • Laos seeks trade promotion Read
  • Lao gov’t, Chinese firm ink pact for 1st expressway in Laos Read
  • Laos Fights to Protect Endangered Asiatic Black Bears Read
  • AP: Laos – EGCO reaches FC on Nam Theun 1 Read
  • Vat Phou conservation experts meet to review progress Read
  • Vietnamese, Lao Orders presented to women of both countries Read


  • Tourist arrivals to Brunei record 18 per cent surge Read
  • Brunei important to Australia Read
  • New Brunei Army Commander Makes Singapore Visit Read
  • PISA 2018 main survey begins in schools across Brunei Read
  • Pacific-wide trade deal could bring $1B to Brunei businesses Read


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