ASEAN WEEKLY: 2-8 April 2018 – Charting Economy


ASEAN WEEKLY: 2-8 April 2018


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

Highlights of the past week • Southeast Asia’s energy markets • Indonesia Seeks Upgrade for Five Industries • Corruption in Thailand • Is Manila the next best location for property investment in Asia-Pacific? • Reimagining of Singapore • US-China trade spat good for Malaysia • VN middle class booms • Sanctions risk gives some investors pause in Myanmar • Cambodian port city’s Little China • Game of thrones: does Laos still need its exiled royal family? • Brunei Abandons South China Sea Claim for Chinese Finance


  • Call for Asean to step up in infrastructure financing Read
  • Can ASEAN Economic Integration Succeed? Read
  • Does ASEAN Want the US Navy in the South China Sea? Read
  • How intellectual property helps ASEAN make its mark Read
  • Will ASEAN form a strong judicial body? Read
  • Asean seeks to mobilize private capital for infrastructure Read
  • Asean, US affirm plans to bolster economic ties Read
  • Grab delays shuttering Uber app as Singapore probes merger deal Read
  • Japan sees opportunity in Southeast Asia’s energy markets Read
  • Why south-east Asia’s politics are proving a problem for Facebook Read


  • Movies in spotlight as Jokowi seeks to reshape Indonesia economy Read
  • Indonesia Seeks Upgrade for Five Industries Read
  • Indonesia says domestic market to shelter economy from trade war Read
  • Indonesia’s new bank rules aim to spur credit growth Read
  • Bank Indonesia Claims Bitcoin Value Declined Significantly Read
  • Widodo Launches Roadmap for Industry 4.0: “Making Indonesia 4.0” Read
  • CEOs Turn Less Optimistic about Indonesia’s Politics and Economy Read
  • Indonesia threatens to shut down Facebook if privacy breached Read
  • Indonesia Targets Third Position in Global Footwear Industry Read
  • Starbucks Indonesia Operator Sees Sales Boost From Spending Read


  • Thai business groups raise 2018 growth, export forecasts Read
  • Oil greases the wheels for Russia’s push east to Thailand and Asia Read
  • Thailand marches forward with issuance of new banknotes Read
  • Thai Central Bank Governor Says Accommodative Policy Needed Read
  • British minister visits Thailand for trade talks Read
  • Thailand ‘high on US trade offensive list’ Read
  • Corruption in Thailand: Running in Place Read
  • Thailand resumes exporting Chicken product to China Read
  • Thailand ends ban on British poultry imports Read
  • Thai consumer mood edges up in March Read


  • Philippine economy in no risk of overheating – Moody’s Read
  • Philippines can be upper middle-income nation by 2019 — NEDA Read
  • Flexenclosure to land edge data centre in the Philippines Read
  • 6-month Boracay closure to have minimal impact on economy – NEDA Read
  • Philippines CPI at more than 5-year high adds to rate hike calls Read
  • Unlocking Mindanao’s Potential is Key to Reducing Extreme Poverty in the Philippines: World Bank Read
  • Is Manila the next best location for property investment in Asia-Pacific? Read
  • IKEA partners with mall operator SM Prime for first Philippines store Read
  • Alfamart Set to Expand its Outlets in the Philippines Read
  • Weaker peso, rising inflation rate dent Philippine equities Read


  • Singapore ‘can lead growth in region’s digital economy’ Read
  • Trade spat sparks fears in S’pore, but silver lining possible Read
  • Singapore has room for new derivatives exchanges Read
  • Singapore factory activity expands for 19th straight month Read
  • The consumer case for brand freedom in Singapore Read
  • PM Lee Hsien Loong calls for ‘reimagining of Singapore’ Read
  • Why Singapore’s Central Bank Has No Key Rate Read
  • Manufacturing prospects hazy Read
  • Travelling Farm brings gardening to the masses Read
  • Private home prices up by 3.1% in Q1: URA Read


  • Malaysia set to become world’s 24th largest economy by 2050 Read
  • US-China trade spat good for Malaysia Read
  • US electrical and electronics firms invest RM42b in Malaysia Read
  • Economic success shows that Malaysia not a failed state Read
  • Mahathir envisions 6% Malaysia GDP growth, no GST Read
  • Malaysia approves ‘fake news’ law despite outcry Read
  • Economist: Manage labour issues to achieve high-income economy Read
  • Don’t gamble with Sabah’s future Read
  • Malaysia wants to play bigger role in world halal industry Read
  • Malaysia’s super rich top global average in property investment plans Read


  • Moody’s forecasts 6.7 Percent Growth Rate for Vietnam Economy Read
  • Vietnam seeks more investment from India Read
  • Tensions with US and China spur Seoul to deepen Vietnam ties Read
  • Future bright for Việt Nam’s capital market Read
  • VN middle class booms Read
  • Cold wave hits northern Việt Nam Read
  • The Quiet Rise Of The Vietnam ETF Read
  • Vietnam to sustain decade-high economic growth to 2020: PM Read
  • Vietnamese most concerned about poverty: report Read
  • E-commerce set for strong 2018 Read


  • Sanctions risk gives some investors pause in Myanmar Read
  • Kyat holds steady amid emerging US, China trade war Read
  • Tax amnesty law under review, will be “fair,” minister says Read
  • Myanmar seeks closer Thai business ties Read
  • Will Rohingya Refugees Ever Be Repatriated to Myanmar? Read
  • Yangon mulls construction of sea port at river Read
  • Myanmar’s not-so-underground casinos in line for legalization Read
  • China, Myanmar vow to inherit, carry forward “paukphaw” friendship Read
  • Myanmar’s Suu Kyi urges nation to stay united amid ‘challenges’ Read
  • NLD needs to bring in new blood Read


  • Cambodia, Vietnam ink double taxation agreement Read
  • A sector too big to fail? Read
  • Saints and Sinners of the south coast Read
  • Counterfeit product vendors have no fear: minister Read
  • The road to a better economic future Read
  • Evergreen opens new office in Cambodia Read
  • Official encourages worker migration Read
  • Construction industry a good growth barometer Read
  • Chinese firms gather for business fair in Cambodia Read
  • Cambodian port city’s Little China Read


  • Laos seeks trade promotion with Cambodia Read
  • Lao gov’t, Chinese firm ink pact for 1st expressway in Laos Read
  • Game of thrones: does Laos still need its exiled royal family? Read
  • China Eastern Airlines promotes Laos as tourist destination Read
  • Vietnam, Laos talk ways to enhance cooperation in energy, mining Read
  • Laos seeks to unlock its potential with Chinese rail project Read


  • Brunei Abandons South China Sea Claim for Chinese Finance Read
  • EU assists in Brunei’s preparedness against CBRN risks Read
  • What Did the Pakistan Army Chief’s Brunei Voyage Achieve? Read
  • New Brunei Military Chief Makes First Singapore Visit Read
  • BIBD wins ‘Best Retail Bank in Brunei’ award Read


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