ASEAN WEEKLY: 9-15 July 2018 – Charting Economy


ASEAN WEEKLY: 9-15 July 2018


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

Highlights of the past week • ASEAN-South Korea Ties • Indonesia’s short-termism • An onslaught of tourists is stressing out Thailand • Singapore, EU free trade agreement • Mahathir’s economic vision a hard sell for investors • Cryptocurrency laws and regulations in The Philippines • VN’s auto industry at crossroads • Myanmar 2050 • Cambodia’s Election Crackdown • Laos unsure of meeting 5-mln tourists target • Marine tourism in Brunei


  • What Does Moon’s ‘New Southern Policy’ Mean for ASEAN-South Korea Ties? Read
  • Railways may be key to connect ASEAN countries economically … Read
  • This “dividend” will drive growth in ASEAN for years to come Read
  • Asean smart city initiatives risk raising their own governance issues Read
  • What’s Next for Taiwan’s New Southbound Policy With ASEAN? Read
  • Southeast Asia haze tied to hospitalization for breathing problems Read
  • Rise of robots fuels slavery threat for Southeast Asian factory workers, analysts say Read
  • Where do the people of Southeast Asia come from? Read
  • Tata Steel eyes sale of South-East Asia operations: Report Read


  • Indonesia’s economy: The threat of short-termism Read
  • Indonesia trade balance seen back to surplus in June: Reuters poll Read
  • United States, Indonesia Reassure Domestic Industry Read
  • Indonesia to create economic growth centers beyond Java Read
  • Trade war puts Indonesia and India at risk, S&P economist warns Read
  • World Bank offers Indonesia Loans for Multiple LRT Projects Read
  • President Jokowi: LRT Can Boost Indonesian Export Read
  • Head of Indonesia’s Golkar Party Wants to Be Jokowi’s Deputy Read
  • Indonesia starts online business registration with one-hour permit Read
  • Indonesia and Australia Look Forward to Shared Digital Future Read


  • Assessing the impact on Thai economy from the China-US trade war Read
  • Thailand’s rescue cave is already set to become a tourist destination Read
  • Sri-Lanka & Thailand to boost trade and technical cooperation Read
  • Thailand Says It Is Strong Enough to Withstand Trade War Read
  • Elon Musk brings mini-sub for Thailand cave rescue Read
  • An onslaught of tourists is stressing out Thailand Read
  • ‘Thailand 4.0’: No Security in the Growing Thai Gig Economy Read
  • Thai Junta Eyes Chinese Investment for $51 Billion Spending Plan Read
  • Somkid calls for rise in EEC investments from S Korea Read
  • Thailand’s $6 Billion Exodus Doesn’t Faze Its Exchange Chief Read


  • Singapore’s economic growth slows to 3.8% in Q2: MTI flash estimates Read
  • Singapore ranks 7th for citizen well-being: report Read
  • MOUs signed to help Singapore, French enterprises connect, innovate Read
  • Singapore warns of ‘significant’ impact should trade war escalate Read
  • Singapore is fifth in 2018’s Global Innovation Index Read
  • Singapore, EU free trade agreement a ‘pathfinder’ deal: Chan Read
  • Singapore retail sales up 0.1% in May Read
  • Will property curbs put Singapore’s construction sector on shaky ground? Read
  • Singapore stocks fell as trade war escalates Read
  • Temasek may slow investments as near-term risks emerge Read


  • Malaysia holds key rate, sees ‘steady path’ for economy Read
  • Malaysia Counts the Costs of Its 1MDB Scandal Read
  • Cyber attacks may cost Malaysia US$12.2 bil in economic losses Read
  • ‘New Malaysia’ makes Singapore look outdated Read
  • News Analysis: Malaysian economy holds up well despite uncertainties Read
  • Do we still need 5-year development plans? Read
  • Equity and the Islamic economic model in Malaysia Read
  • Malaysia’s May industrial output growth slows, matches view Read
  • Mahathir’s economic vision a hard sell for investors Read
  • Malaysia hits ride-hailing companies with taxi industry rules Read


  • The Philippines Economy Is Overheating, As Duterte Debates God Read
  • World Bank keeps below-target forecast for Philippine economy Read
  • A closer look at the ‘darling’ Philippine economy Read
  • [OPINION] Why inflation is actually at a 9-year high Read
  • Philippine Special Economic Zone Grants Licenses to Three Crypto Exchanges Read
  • Philippines’ trade deficit rises to 5-mth high in May Read
  • Philippines’ draft charter keeps foreign ownership limits in some sectors of economy Read
  • Philippines, US to start free trade talks in September Read
  • Philippines doles out cash to soften inflation’s blow Read
  • Cryptocurrency laws and regulations in The Philippines Read


  • US-China trade war likely to hurt Vietnamese economy Read
  • Sharing economy and opportunities Việt Nam Read
  • Cambodia-Vietnam economic cooperation yielding good results Read
  • Manufacturing, processing drive economic growth in H1 Read
  • How will Vietnam deal with a 10-year crisis cycle? Read
  • VN stocks recover as tensions ease Read
  • The next generation for the textile industry Read
  • IMF Report: Vietnam’s Strong Growth Will Continue Read
  • VN’s auto industry at crossroads: report Read
  • Tax and investment changes concern foreign firms Read


  • Myanmar’s Waiting for the Western Investment That Never Came Read
  • Myanmar 2050 Read
  • Myanmar to form special task forces to combat illegal trade Read
  • Violence in Myanmar poses major test for Facebook Read
  • China Does Not Have Special Interests in Supporting Myanmar’s Peace Process: Official Read
  • Chinese demand for Myanmar cotton could surge on trade war with US Read
  • International reaction to charges against Reuters reporters in Myanmar Read
  • The BRI and Myanmar’s China debate Read
  • US slaps visa sanctions on Myanmar officials Read
  • Ai Weiwei’s visit to Myanmar Read


  • Cambodia’s Election Crackdown Read
  • Will EU suspend trade deal with Cambodia? Read
  • Cambodia, World Bank ink accords Read
  • It’s election season in Cambodia, and the fireflies are out. Read
  • The hard choice facing Cambodia’s opposition voters Read
  • Cambodia’s image problem Read
  • Cambodia’s Rural/Urban Divide Defines Issues Read
  • Cambodia’s rice export drops 5.9 pct in H1 Read
  • Cambodia’s economic outlook Read
  • Chinese Cyber-Spy Hackers Target Cambodia as Elections Loom Read


  • Laos unsure of meeting 5-mln tourists target Read
  • US Puts Visa Restrictions on Myanmar, Laos Read
  • Vietnam to buy electricity from Laos Read
  • Korea-Laos to increase healthcare cooperation through ODA program Read


  • Brunei praised as iconic nation for Muslim world Read
  • Intrepid looking to grow marine tourism in Brunei Read
  • Inside the surreal capital city of Brunei, a tiny nation of unimaginable … Read
  • Brunei committed to battling climate change: Minister Read
  • Baiduri Bank stimulating diversity in Brunei Read
  • BIBD reports biggest ever net profit at $169 million Read


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