ASEAN WEEKLY: 5-11 Mar 2018 – Charting Economy


ASEAN WEEKLY: 5-11 Mar 2018


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

Highlights of the past week • Cybersecurity Risks in ASEAN • Indonesia’s rapid infrastructure drive • Trade War Is Now the Biggest Economic Risk for Thailand • Philippines ‘best country to invest in’ • Singapore’s first cybersecurity startup hub • Malaysia Getting Closer to High-Income Status • Vietnam set to be big winner in TPP trade deal • Growing mismatch in Myanmar • Cambodia to launch national cryptocurrency • Laos plans to develop e-commerce • Why China is coming to Brunei’s aid


  • Quality infrastructure key to boosting Asean inter-connectivity Read
  • What Did the ASEAN Defense Chiefs Meeting in Singapore Achieve? Read
  • Is ASEAN Doing Enough to Address Cybersecurity Risks? Read
  • Rejuvenating India-Asean partnership Read
  • The North East is key for India’s ties with Asean Read
  • China to upgrade strategic partnership with ASEAN: FM Read
  • ASEAN’s next step on migrant rights Read
  • Philippines’ Duterte to skip Asean summit in Australia Read
  • China’s CLSA eyes Asean push with US$10b Manila airport project Read
  • Q&A: Top US ASEAN Diplomat Discusses ASEAN, China’s Rise Read


  • Indonesia’s rapid infrastructure drive takes deadly toll Read
  • Jokowi: Indonesia Can Transform into Developed Nation Read
  • Bank Indonesia Must Stabilize Rupiah: Minister Darmin Nasution Read
  • Jokowi Sends Protest after EU Rejects Indonesian Palm Oil Read
  • Trump Trade War – Tariffs will upset global economy – Indonesia Ministers Read
  • BI Blames US Economic Policy for Rupiah Volatility Read
  • Indonesia Opens First, Largest Wind Farm in March Read
  • Indonesia’s biggest state bank embraces digital disruption Read
  • Indonesia Issues Rules on Company Ownership to Tackle Money Laundering Read
  • Indonesian tech brands: Protect yourself abroad! Read


  • Trade War Is Now the Biggest Economic Risk for Thailand Read
  • Japan and Thailand work to increase direct currency trading Read
  • Supavud Saicheua: Thailand must seize the moment to ensure growth Read
  • Thai monetary policy needs to remain accommodative – chief Read
  • Are Thai SMEs ready for rate hike trauma? Read
  • Thai king to replace father on new banknotes Read
  • Thailand threatens to block global e-commerce websites Read
  • SET, MAI firms’ combined net profit up 8.9% last year, boosted by Thai economic growth Read
  • Julius Baer to tap Thai wealth with SCB venture Read


  • PH economic managers hail ranking by US firm, vow more reforms Read
  • No Need for Preemptive Philippine Rate Hike, Finance Chief Says Read
  • Philippines ‘best country to invest in,’ says report Read
  • Waste management: Saving the Philippine islands, tourism and the environment Read
  • Philippine judge rules out South China Sea gas deal unless Beijing recognises Manila’s sovereignty Read
  • The Philippines talks with Russia about nuclear reactors Read
  • Is migration the Philippine ‘Dutch disease’? Read
  • Philippines raises threshold for M&A review Read
  • A Push To Modernize Philippine Transport Threatens The Beloved Jeepney Read
  • 12 richest Pinoys have P2.9 trillion Read


  • Singapore inks new TPP trade pact with 10 other countries: 5 things to know about the CPTPP Read
  • Singapore to launch nationwide e-invoicing framework for businesses Read
  • Singapore to Offer Better Protections for Gig Economy Workers Read
  • Singapore to start first cybersecurity startup hub Read
  • Singapore business confidence up for 2nd straight quarter Read
  • Singapore’s top firms enjoyed record profits, but revenues flat: study Read
  • With all eyes on China, Singapore makes its own Arctic moves Read
  • Gap between large firms and SMEs continues to widen: study Read
  • Ng brothers are Singapore’s richest in 2018 Read
  • Singapore’s Million-Dollar Investments Will Drive AI Growth In Southeast Asia Read


  • Malaysia’s Economy: Getting Closer to High-Income Status Read
  • Is Malaysia doing well? It’s complicated, says economist Read
  • MARC projects Malaysia’s GDP to grow 5.3% Read
  • Malaysia’s exports surge 17.9% in January Read
  • Aiming to be winners in the Digital Economy Read
  • Malaysia’s central bank holds policy interest rate steady Read
  • Malaysia’s Esports scene among biggest in region Read
  • Malaysian pro-democracy leader launches bid for parliament Read
  • Malaysian opposition pledges to scrap GST, investigate 1MDB in election manifesto Read
  • Water disruption may lead to billion Ringgit losses Read


  • Vietnam set to be big winner in TPP trade deal Read
  • Central bank issued bills valued at over $4 billion Read
  • US steel tariffs to have slight impact Read
  • Enthusiasm for Vietnam’s economy Read
  • Bangladesh to seek more Vietnamese investment Read
  • Gas exploitation to begin at White Lion field Read
  • HCM City eyes ambitious healthcare targets Read
  • Profit-taking sends VN stocks down Read
  • VN second-largest partner of Japan in software outsourcing Read
  • Việt Nam start-up investment rises 42% Read


  • Myanmar set for transition to digital economy with corporates’ support Read
  • Women’s economic empowerment a key goal for Myanmar Read
  • Myanmar seeks UK support to upgrade workforce Read
  • Myanmar to raise minimum wage by 33% Read
  • Growing mismatch in Myanmar Read
  • Yoma makes push into financial services in Myanmar Read
  • Myanmar targets LNG imports to fuel nation’s power surge Read
  • Yangon retail sector posted 95% occupancy rate last year Read
  • Myanmar government is rogue and evil, says Bangladesh minister Read
  • Press freedom is waning in Myanmar Read


  • Uncertainty over future of cryptocurrencies in Cambodia Read
  • Interview: ‘Who Wants Cambodia To Be a Province of China?’ Read
  • UN report highlights escalation of tensions in Cambodia Read
  • Investment in Cambodia nearly doubles in 2017 Read
  • Democracy is dying in Cambodia. Facebook should make sure it doesn’t help kill it. Read
  • Cambodia to be a digital economy by 2023 Read
  • Cambodian tourism shrugs off turmoil Read
  • Japan’s Dai-ichi Life plans foray into Cambodia Read
  • Cambodia tops region for fires detected from space Read
  • Cambodia to launch national cryptocurrency that ‘could replace Visa’ Read


  • Laos plans to develop e-commerce Read
  • Laos sees fall of int’l visitors in 2017 Read
  • Laos and Nepal to ride Japan’s microsatellites into space Read
  • China Belt-Road Plan May Create Debt Problems From Djibouti to Laos Read
  • Lao Cement Co opens on Lao stock exchange Read
  • Lao gov’t promotes investment in potential projects Read


  • China adds Brunei to new silk road as Western banks leave Read
  • Brunei University signs MoU with Indonesian university Read
  • India keen to share agricultural expertise with Brunei Read
  • Why China is coming to Brunei’s aid as its oil slowly runs out Read
  • Foreign company sees potential in Brunei Read
  • Brunei expects substantial increase in domestic rice production by 2020 Read


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