ASEAN WEEKLY: 11-17 Dec 2017 – Charting Economy


ASEAN WEEKLY: 11-17 Dec 2017


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

Highlights of the past week • Southeast Asia Online Economy • 3 Economic Challenges for Indonesia • Thailand’s Urban Planning • Why did Chinese investment in the Philippines stagnate? • MAS Sing$ stance • Malaysia’s IPO market • Việt Nam’s e-commerce market booming • Healing “sick” Myanmar economy • Cambodia’s Startups • China’s aid a matter of life and death for Laos • Brunei ranks among top 10 Islamic finance markets


  • Asean and EU: Love is in the air Read
  • How Asean can draw on its diversity to grow stronger Read
  • Ottawa must now develop a solid ASEAN strategy Read
  • India to push for deeper strategic cooperation with ASEAN Read
  • Asean coooperation key to anti-terror efforts, says think tank Read
  • Siah Hwee Ang: Asean beyond 50 – a market for Kiwi businesses Read
  • Rohingya: Asean’s credibility now on the line Read
  • Singapore to host 6th Asean-EU Business Summit in March 2018 Read
  • Ready to power up the ASEAN Read
  • Southeast Asia Online Economy Seen Reaching $50 Billion in 2017 Read


  • Indonesia to Face 3 Economic Challenges: World Bank Read
  • Security challenges to Indonesia’s ‘blue economy’ Read
  • 2018 Economic Outlook: It’s time to invest, no need to wait any longer Read
  • Indonesia To Invest In Nigeria’s Economy Read
  • Tens of thousands of Indonesians rally over Trump’s Jerusalem stance Read
  • Indonesia’s Manufactured Products Not Enough Varied & Innovative Read
  • ADB to Support Technological Transformation in Indonesia Read
  • Indonesia’s nightlife fizzles amid growing conservatism Read
  • Indonesia posts trade surplus for fourth straight month in November Read
  • Garuda Indonesia Collaborates with Grab Read


  • Japan says Thai bullet train to cost nearly $13bn Read
  • Agencies told to prepare for EU talks Read
  • USTR upgrade a big boost Read
  • Thailand and Singapore yacht shows gear up for 2018 Read
  • Thai Airways, Airbus to build maintenance yard in Thailand Read
  • Thailand’s Urban Planning: a Weapon against the Poor Read
  • EU to resume political dealings with Thailand following election … Read
  • Qatar Airways lifts Thai profile Read
  • Honda adds hybrid cycle to Thai schedule Read
  • Thai Retailers Association predicts retail rebound Read


  • Philippines Downplays Rate Increases Even as Economy Booms Read
  • October remittances up 8.4% to $2.28B Read
  • Higher hot money outflow seen this year Read
  • ADB upgrades Philippine GDP growth forecast for 2017, 2018 Read
  • Philippines Wins Fitch Upgrade in Boost for Duterte’s Plans Read
  • Philippine Congress approves much-awaited tax reform bill Read
  • More Filipinos see better life, economy in 2018 – SWS Read
  • Foreign investments surge 62% in September Read
  • Why did Chinese investment in the Philippines stagnate? Read
  • Government infrastructure push to boost GDP growth for next year Read


  • Singapore likely to clock 3% growth in 2018: Economists Read
  • Property recovery can further add to GDP growth in 2018: economists Read
  • MAS may shift away from zero-appreciation Sing$ stance Read
  • Singapore: Banking on the Future Read
  • More elderly means Singapore ‘time bomb’ ticks louder in 2018 Read
  • Nine in 10 Singapore SMEs successful in securing debt financing: survey Read
  • Charities appealing to public to give a little more Read
  • The fall and rise of legal education in Singapore Read
  • Singapore Nov private home sales fall 8.7 pct y/y Read
  • Singapore’s Q3 labour report shows rise in job seekers unemployed for 25 weeks or more Read


  • World Bank sees Malaysia’s economy growing 5.2% in 2018 Read
  • IMF sees Malaysia economy expanding 5% to 5.5% in 2018 Read
  • Report: Malaysia can achieve high-income nation status by 2020 Read
  • Najib’s ‘MaGIC’ fires up Malaysia’s entrepreneurs Read
  • A shift in Malaysia’s retail culture Read
  • Malaysia’s October industrial output growth pace slows Read
  • Ringgit moves higher on positive growth outlook Read
  • Malaysians continue to spend beyond their means Read
  • Malaysia’s IPO market likely to gain pace next year Read
  • Approved investments totalled RM113.5b in Jan-Sept 2017 Read


  • PM: Vietnam has room to increase productivity Read
  • Aussies help Vietnam hasten economic reform Read
  • Education deal with Ireland has good effect on Vietnam’s economy Read
  • Expo-Russia Vietnam 2017 to enhance bilateral economic links Read
  • Việt Nam’s e-commerce market booming Read
  • Vietnam to receive record $17.5bn in FDI this year -PM Read
  • Vietnam to name buyer of up to $5 bln stake in top brewer Sabeco Read
  • Việt Nam steel industry decries new US duties Read
  • Businesses ask PM for transparency, fewer rules Read
  • Samsung and LG Lead Vietnamese Economy Read


  • New strategy needed to heal “sick” Myanmar economy Read
  • Myanmar’s Halting Economic Steps onto the Global Stage Read
  • New company law a boon for Myanmar economy Read
  • Uncertainty mars investor confidence in Myanmar Read
  • Japan pursues economic ties with Myanmar, avoids Rohingya criticism Read
  • Despite recent growth, tourism in Myanmar faces near-term challenges Read
  • Finance Minister Admits Economy is Underperforming Read
  • Adviser suggests four-point remedy for ailing economy Read
  • In Myanmar, Echoes of Past Horrors Are Amplified Read
  • Why can’t Myanmar kids learn English? Read


  • Fortified by family and China cash, Cambodia’s strongman digs in Read
  • Cambodia’s Hun Sen challenges EU and US to freeze assets Read
  • Kingdom on track for good 2018, says AMRO Read
  • Cambodia facing a dilemma on plan to give roads a facelift Read
  • Cambodia’s garment export growth expected to slow next year … Read
  • Q&A: Hun Chan San on changes within Cambodian architecture Read
  • Angkor Wat marks heritage status Read
  • Kingdom’s startups stuck in the middle with no capital Read
  • Makro Cambodia officially opens this week Read
  • EU Cuts Cambodia Election Funding Read


  • What’s Next for Vietnam-Laos Border Cooperation? Read
  • China’s aid a matter of life and death for Laos Read
  • Laos: The road from Phonsavan to Luang Prabang Read
  • First tunnel bored on epic China-Laos railway Read
  • Laos Visit Year is hard to pin down Read
  • Comba Telecom To Invest $110 Million In Laos To Build 4G Network Read


  • Brunei has cultural advantage in empowering Islamic finance Read
  • Brunei ranks among top 10 Islamic finance markets Read
  • Boat Noodle teams up with foodpanda Brunei Read
  • The insane life of Brunei’s super-rich Prince, who flies choppers … Read
  • Why MC Biotech chose Brunei Read
  • Jollibee expands in Brunei, Hong Kong Read
  • BIBD inks MoU with AgromeIQ Read
  • Bruneian entrepreneurs up for Regional Startup Awards Read


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