ASEAN WEEKLY: 26 Mar – 1 April 2018 – Charting Economy


ASEAN WEEKLY: 26 Mar – 1 April 2018


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

Highlights of the past week • New technology to drive investment in ASEAN • Indonesia’s new central bank chief • Thai politics: No country for young men? • US foreign policy is failing in the Philippines • Singapore can be Asia hub for MNCs as HK turns to China • Malaysian economy ripe for shift • Vietnam’s economy expands 7.38%, best rate in a decade • Hopes high on U Win Myint presidency • Cambodians clamour for life insurance • Laos on a fast track to a China debt trap • Brunei’s rice self-sufficiency bid


  • Asean and north-east India – so near and yet so far Read
  • Tenets of Thailand’s ASEAN engagement Read
  • Is Australia set to join Asean as China’s assertiveness grows? Read
  • Richard Heydarian: Australia is right to move closer to ASEAN Read
  • Success ensures ASEAN’s long-term importance to the United States Read
  • Asean finance ministers to look at sustainable growth, resiliency at next week’s meeting Read
  • Boost for Asean agriculture trade Read
  • Asean stock exchanges may face headwinds going into 2018, warns EY Read
  • ASEAN’s growing appetite for unified communications Read
  • New technology to drive investment in ASEAN Read


  • Indonesia Q1 GDP growth seen at 5.1 pct y/y – deputy gov Read
  • Indonesia Continues to Build on Solid Economic Growth Read
  • Indonesian panel approves Warjiyo to be central bank chief Read
  • Jokowi Says Opposite to Prabowo`s Prediction of Indonesia in 2030 Read
  • INDEF Considers Jokowi Economic Team Weak Read
  • Can Indonesia aim for 10 percent GDP growth? Read
  • Indonesia may achieve renewables target, but still favors coal for power Read
  • Indonesia’s Feb bank loans grow slightly faster Read
  • Ride-hailing apps run Indonesia’s tuk-tuks off road Read
  • The Future of Batam: Creating A Regional Hub Read


  • Thai parties call for junta to finally unshackle politics Read
  • Thailand’s military regime plans to tax cryptocurrencies Read
  • Toward Economic Inclusion of LGBTI People in Thailand Read
  • Thailand approves $7.2 billion high-speed rail project to link airports Read
  • Thai politics: No country for young men? Read
  • Thai tycoon gets death threat in challenge to ruling elites Read
  • KResearch sticks to 4.5% export growth forecast amid risk of trade war Read
  • Thai startups join Korean peer in digital currency venture Read
  • Fiscal Stimulus, Monetary Easing Can Help Lift Thai Growth: IMF Read
  • OPINION: Thailand’s Special Economic Zones Fail to Deliver Read


  • Maybank sees faster Philippine GDP growth Read
  • Philippine migration takes on a female face Read
  • Trump’s trade war: An opportunity to reshape Philippine economy Read
  • Under Duterte, Philippines Enjoying An Investment Boom, But Don’t Thank China Read
  • US foreign policy is failing in the Philippines Read
  • Philippines set to develop 14 petroleum blocks Read
  • How long can the Bangko Sentral defer a rate hike? Read
  • This small city in the Philippines is taking big steps to curb emissions Read
  • Philippines’ Corporate Tax Reform Progressing Read
  • Boracay resort owners react to planned shutdown Read


  • Singapore can be Asia hub for MNCs as HK turns to China Read
  • Singapore sees Asia as silver lining amid US-China trade war Read
  • Singapore needs spirit of innovation, creativity to reinvent itself Read
  • Singapore pharma on recovery path after dismal 2017 Read
  • How are Singapore’s small businesses poised to perform in 2018? Read
  • Singapore consumer prices up 0.5% in February Read
  • Singapore factory output up 8.9% in February, better than expected Read
  • Tighter rules on foreign workers put Singapore’s growth at risk Read
  • Technology, co-working led leasing demand in 2017 Read
  • How new EU data protection law will impact Singapore firms Read


  • Malaysia’s economy to get boost from exports, consumption in 2018 Read
  • Malaysian economy ripe for shift Read
  • Fitch affirms Malaysia’s ‘A-‘ credit rating Read
  • Malaysian businesses bullish on 2018, RAM survey reveals Read
  • Wages in Malaysia too low to attract local workers Read
  • Malaysia Proposes Law to Fight ‘Fake News’ Ahead of Election Read
  • Malaysia’s Mahathir gatecrashes ‘too old to be PM’ forum Read
  • Alibaba offers Malaysian merchants access into China Read
  • Malaysia should diversify into complex industries Read
  • Local retail economy now depends on Chinese tourists Read


  • Vietnam’s economy expands 7.38%, best rate in a decade Read
  • Vietnam’s Economy Expands More Than 7% in First Quarter Read
  • Vietnam economy runs on loans: economist Read
  • Vietnam wants IMF’s support in economic restructuring Read
  • Việt Nam has huge potential in franchising: experts Read
  • Investors in Vietnam learn to live with anti-graft crackdown, some embrace it Read
  • MoIT orders Grab to report on acquisition of Uber Read
  • Vietnamese cities seeing some of world’s most rapid economic growth: report Read
  • Keeping inflation rate below 4% feasible: Deputy PM Read
  • Việt Nam promotes creative, high-quality tourism Read


  • IMF welcome Myanmar economy rebound, warn of downside risk Read
  • Thilawa builds $65m bulk terminal to diversify port services Read
  • Myanmar improving but still ‘super challenging’ for business: Study Read
  • Myanmar: Time for a second wave of reforms Read
  • New Push Sought for Myanmar-India Economic Links Read
  • Myanmar parliament elects Win Myint as new president Read
  • Hopes high on U Win Myint presidency Read
  • Will new president reinvigorate Myanmar? Read
  • Waiting for change at Myanmar’s central bank Read
  • FDI flow for 2017-18 ‘exceeded the target’ says MIC Read


  • Cambodia’s democracy, economy at risk: report Read
  • Golden Dragon military exercises end with bang Read
  • This Cambodian city is turning into a Chinese enclave, and not everyone is happy Read
  • Cambodians clamour for life insurance Read
  • Why Japan won’t criticize Hun Sen Read
  • Small taxpayers will be the engine for future economic growth Read
  • PM predicts at least $250 per month for garment workers in 2023 Read
  • Cambodia’s Siem Reap Enters Foreign Trade Partnership with Gambling Hub Macau Read
  • Angkor revenue up, tourists amount down Read
  • What’s in the Thailand-Cambodia Foreign Fugitive Deal? Read


  • Is Laos Really Getting Tough on Crime? Read
  • What’s Next for Vietnam-Laos Military Ties in 2018? Read
  • Laos on a fast track to a China debt trap Read
  • What’s Behind the New Russia-Laos Military Facility Hype? Read
  • Chinese companies will develop bio-fertiliser factory in Laos Read
  • Laos steps up cooperation with GMS countries for rail connectivity Read


  • Indonesia supports Brunei’s rice self-sufficiency bid Read
  • Brunei-Pakistan bonds grow stronger Read
  • Brunei, Australia Plan To Enhance Defense Ties Read
  • Brunei to host Asia Pacific Economic Forum for MSMEs Read
  • BIBD launches its first community hub Read


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