ASEAN WEEKLY: 30 April – 6 May 2018 – Charting Economy


ASEAN WEEKLY: 30 April – 6 May 2018


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

Highlights of the past week • ASEAN Meets in Singapore • Indonesia’s incumbent Counting On Populism • Thai rice exports beat rivals • Philippines airport constraints • Singapore Inc needs X-factor • Is Malaysia about to follow the path of Erdogan’s Turkey? • New port to transform Vietnam’s north • New investment to boost capacity at Myanmar city terminal • The impact of trade tensions on Cambodia’s open economy • Laos needs to prepare for LDC graduation • Brunei economic outlook rosy


  • ASEAN Meets, But Remains Mostly Silent on Major Regional Issues Read
  • Any trade war would affect all economies in Asean: Heng Read
  • Put brakes on Asean’s slant too far towards China Read
  • Asean+3 finance chiefs, central bank governors vow to resist protectionism Read
  • Asean and European Union: A North-South success story Read
  • ASEAN looks to tackle organised crime Read
  • Singapore-led Asean favors China over US Read
  • World Economic Forum on ASEAN to be held in Vietnam Read
  • Who dominates the economies of south-east Asia? Read
  • A guide to foreign business chambers in Asean markets Read


  • In Indonesia, It’s the Incumbent Counting On Populism Read
  • Jakarta Asian Games to Cost $3.2b to Indonesia Economy Read
  • Indonesia prepares for World Conference on Creative Economy Read
  • Weak Consumption May Keep Indonesia From Raising Rates Just Yet Read
  • Iran Interested to Make Investment in Indonesia Read
  • Indonesia Officials Laud Country’s Financial Stability Read
  • Indonesia’s Unequal Higher Education Read
  • Indonesia stocks hit 9-month closing low, SET drops Read
  • The cyber security agency’s challenge in Indonesia Read
  • Indonesia’s April inflation rate seen inching up: Reuters poll Read


  • Robust exports, tourism keep Thailand’s economy strong in 2018 Read
  • Thailand wants to join TPP ‘as soon as possible,’ says deputy PM Read
  • Thailand puts on best face as prime Asean centre for beauty pageants Read
  • Thailand’s Top 50 Richest On Forbes List See Rise In Wealth Read
  • Japanese backing pledged for EEC Read
  • Thai March factory output rises 2.62%, below forecast Read
  • Digital development for Thai SMEs Read
  • Thai rice exports beat rivals Read
  • Expedia puts Thai travellers at top of Asia’s frequent flyer list Read
  • Bangkok’s luxury apartments cost less than a studio in Hong Kong Read


  • Philippines urged to address ‘overheating’ signs in economy Read
  • Duterte: Philippine economy to grow by 7% Read
  • Philippines continues to be one of growth leaders in Asia: think tank Read
  • The Philippines has a way to protect itself against a rise in US-China tensions Read
  • Rice Imports to Cool Philippine Inflation, Economic Planner Says Read
  • Philippines Raises Prospect of Policy Tightening Read
  • Philippines domestic market: airport constraints restrict growth Read
  • Philippine workers march in protest at short-term contracts Read
  • Top Philippine Promoter Tries to Soothe Investors Spooked by Tax Read
  • China Agrees To Accept Filipino Workers, But Will They Go? Read


  • Singapore Inc needs X-factor to take wing beyond home market Read
  • Singapore well-positioned to lead the pack with rise of AI, observers say Read
  • PM: Singapore on course for healthy growth this year Read
  • Singapore top in Asia for adult full-time employment Read
  • Singapore’s manufacturing expands for 20th straight month Read
  • Singapore bank lending quickens in March, growing 5.4% year on year Read
  • Commentary: A leading chipmaker’s expansion here and what it means for Singapore Read
  • Singapore stages startup summit Read
  • Cheating scandal shines spotlight on Singapore study Read
  • Singapore needs more hotel rooms as tourist arrivals grow: Colliers Read


  • Mah: Malaysia key beneficiary of FDI due to open economy Read
  • Malaysian economy faces bleak future if opposition wins: Analyst Read
  • Is Malaysia about to follow the path of Erdogan’s Turkey? Read
  • Malaysia’s Mahathir being probed for ‘fake news’ Read
  • Net Financing Growth Supports Malaysia Economy Read
  • Malaysia election: Barisan Nasional, Pakatan Harapan tout high-tech economy for Kedah Read
  • Malaysia’s March exports rebound, imports decline on year Read
  • Malaysia PM likely to win election but opposition could win popular vote – survey Read
  • Malaysia’s youth have power they won’t use Read
  • A 10 Year History Of eCommerce In Malaysia Read


  • New port to transform Vietnam’s north into industrial gateway Read
  • HCM City contact point for provincial trade Read
  • VN to gain $4.8b from shrimp exports Read
  • Vietnam LGBTQ visibility Read
  • PM: Vietnam treasures strategic partnership with Japan Read
  • Belgian businesses seek cooperation opportunities in Việt Nam Read
  • Data flows remain unopened Read
  • International cafe show opens in HCM City Read
  • Vietjet’s profit rises by 254% in first quarter Read
  • S Korea appoints ex-Samsung executive as Vietnam ambassador Read


  • New investment to boost capacity at Myanmar city terminal Read
  • Myanmar region woos French FDI Read
  • Hybrid Myanmar: How A Quiet Market Could Leapfrog Traditional Data Centre Players Read
  • Yangon gears up to lure more investment into business hub Read
  • Chinese influx transforming Myanmar’s quintessential city Read
  • Myanmar plans to host int’l expos in 2019 Read
  • Maintain pressure on Myanmar Read
  • Yoma remains good bet on Myanmar’s long-term growth despite uncertainties: RHB Read
  • Finding lady luck at Myanmar’s border casinos Read
  • Journalists: Myanmar failing to protect media freedom Read


  • The impact of trade tensions on Cambodia’s open economy Read
  • Workers face crunch amid hi-tech inroads Read
  • Mainland Money Is Luring Cambodia To Tourism, And Away From Other Investors Read
  • Industry leaders reflect on Cambodia’s real estate growth Read
  • Cambodian prime minister announces budget reform strategy Read
  • Economic outlook stable: Moody’s Read
  • Cambodia lobbies US for GSP to include footwear Read
  • Bringing ‘Cool Cambodia’ back Read
  • A Cambodian Spring: Forced Evictions and Land rights Read
  • Cambodia’s Phnom Penh Post sold to Malaysian Sivakumar G Read


  • WB supports Laos to reduce disaster risks Read
  • Laos needs to prepare for LDC graduation: economists Read
  • Laos raises minimum monthly wage to over 130 USD Read
  • Laos: the gap-year favourite goes upmarket Read
  • Longest bridge in China-Laos railway project under construction Read
  • World Bank backs Lao agriculture project Read


  • Brunei economic outlook rosy, says AMRO Read
  • Indonesia, Brunei to make MOU on migrant workers Read
  • Brunei gaining popularity among Muslim travellers Read
  • Brunei world’s 45th best nationality, 3rd in SE Asia Read
  • Brunei’s economy grows 1.3 pct in 2017, backed by rebounding energy prices Read
  • Brunei’s equal opportunities problem Read


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