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  ASEAN KEY DESTINATIONS



          Updated: March 3, 2015

• India promotes investment in Myanmar, other ASEAN states
The Indian government, hoping to give more teeth to its “Act East Policy,” has decided to expand the country’s economic links with Cambodia

• Malaysian states beyond Johor woo Singapore investors
Against the backdrop of a weak Malaysian ringgit, the coming Singapore-Kuala Lumpur High Speed Rail and the series of property cooling

• Indonesia eyes 20 million tourists by 2019
INDONESIA hopes to attract 20 million foreign tourists by 2019, with an annual growth rate predicted at 12 per cent, an official said last week.

• Ministry of Construction may increase size of social housing
The Ministry of Construction has proposed that the maximum area of social housing apartments be raised to 90 square metres (sq.m.) from

• ASEAN economic integration moving on despite challenges
THE Association of Southeast Asian Nations (ASEAN) economic integration will move on with the establishment of the ASEAN Economy

   Updated 3  March, 2015
Singapore
The Straits Times Index (STI) ended +18.22 points higher or +0.54% to 3422.11, taking the year-to-date performance to +1.69%.

Malaysia
The FBM KLCI index gained 4.12 points or 0.23% on Tuesday. The Finance Index increased 0.44% to 16101.18 points, the Properties Index dropped 0.48% to 1326.69 points and the Plantation Index rose 0.14% to 7973.57 points. The market traded within a range of 7.85 points between an intra-day high of 1825.79 and a low of 1817.94 during the session. More


      Updated: February 27, 2015

Four key capital cities across developing ASEAN countries report marginal growth in tire sales volume in 2014: GfK
The replacement car tire market for the key capital cities of Malaysia, Indonesia, Thailand and the Philippines collectively registered a slight growth in volume demand by two percent in 2014 compared to the previous year. However, total sales dollar generated was lesser by five percent—largely a result of lower pricings due to challenging market situation to win over the consumer dollar.

Among the markets tracked, Indonesia’s robust performance reflected 11 percent surge in replacement car tire volume consumption last year over the year before. During this same period, the other three markets sustained marginal growth of less than one percent
More

    Updated February 20, 2015

Biweekly Update

Indonesia

Jokowi drops nomination of graft-tainted official for police chief. President Joko “Jokowi” Widodo on February 18 dropped the nomination of Budi Gunawan for National Police chief in the face of widespread public criticism. Budi has been tainted by graft allegations. Jokowi instead nominated acting chief Badrodin Haiti for the position. Jokowi’s decision came despite a Jakarta court ruling two days earlier that Indonesia’s Corruption Eradication Commission (KPK) erred in naming Budi a graft suspect in January. The court ruled that Budi’s position at the time of the alleged graft—head of police career development—did not qualify as the type of official or law enforcement position that the commission is  More








PR Today                           update February 27, 2015
A Biography  
The first anniversary of the Secret Buddha Statues in Thaïland The Venerable Chao Khun Phra Mongkol-Thepmuni (Sodh Candasaro)  Venerable Cho Khun Phra Mongkol-Thepmuni, is fondly known and More
Her Royal Excellency & Chairwoman of AseanAffairs media YOUR VIEWS
DOUBLE DIGIT GROWTH IN REVENUE, FARE, ANCILLARY & OPERATING PROFIT Take your stand!
Energy Union: old wine in new bottles? share picutres & videos with us, raise questions and get responses.
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RTB REVEALS “POWERBEAT2 WIRELESS”

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