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Updated:  May 24,  2018

• In power deficient PHL, some back revival of nuclear plant
Wilfredo Torres was hired as a technician for Southeast Asia's only nuclear power plant in the 1980s, but has spent the past decade giving guided tours at the never-used facility.
"The Philippines splashed out $2.3 billion on the 621-megawatt Bataan Nuclear Power Plant, but mothballed it after the collapse of a dictatorship and the devastating Chernobyl disaster.

• Viet Nam’s foreign reserves hit US$64bn
Viet Nam’s foreign reserves has increased by 130 per cent to nearly US$64 billion in the past two-and-a-half years, Prime Minister Nguyen Xuan Phuc said.
At a group meeting of the National Assembly on socio-economic affairs on Tuesday, Phuc said the exchange rate has been also stable and inflation has kept under control.

• Indonesia drafts low-cost financing scheme for green energy
The National Development Planning Board (Bappenas) is now preparing a green financing scheme for companies that are appointed to develop new and renewable energy.

• Central bank approves acquisition of VNPT’s finance subsidiary
State Bank of Viet Nam (SBV) has approved the acquisition and transfer of Post and Telecommunication Finance Company Ltd (PTF) between Vietnam Posts and Telecommunications Group (VNPT) and SeABank.

• Mobile phone usage in Myanmar increases 110 percent
The mobile phone usage rate increased to over 110.43 percent in Myanmar, according to Xinhua quoting the Ministry of Transport and Communications.

   Updated:  May 24,  2018
Singapore
The Straits Times Index (STI) ended 32.65 points or 0.93% higher to 3528.92, taking the year-to-date performance to +3.70%. For more details, go to www.sgx.com/research

Malaysia
The FBM KLCI index lost 28.59 points or 1.58% on Thursday. The Finance Index fell 2.33% to 17722.89 points, the Properties Index dropped 0.98% to 1071.9 points and the Plantation Index down 0.56% to 7837.53 points. The market traded within a range of 41.72 points between an intra-day high of 1809.90 and a low of 1768.18 during the session.
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     Updated: April 9, 2018

Chinese Influence Activities with U.S. Allies and Partners in Southeast Asia
This report originally appeared as testimony before the U.S.-China Economic and Security Review Commission. Thank you to the Commissioners for convening this hearing today and inviting me to testify.
The Commission has asked me to focus on assessing China’s relations with U.S. allies and partners in Southeast Asia—specifically, Thailand, the Philippines, Vietnam, and Singapore. I was also asked to address the various tools with which China seeks to influence these countries and their relations with the United States, and to provide related recommendations to the United States Congress.
The questions asked in this hearing today are important and timely. In light of recent revelations regarding Chinese  M
ore
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(Ma Xuejing/China Daily)

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