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          Updated: June 27,  2017

• Myanmar and World Bank renews US$1.2bn development aid agreement
Myanmar and the World Bank Group have agreed to a two-year extension of a partnership that will promote growth in rural areas

• Ha Noi rolls out red carpet for investors, businesses
Enterprise drives the development of Ha Noi and the city has committed to leading the country in improving the investment and

• S$48m spent on upgrading 6 shopping complexes: HDB
The Housing and Development Board (HDB) has spent around S$48 million upgrading six of its 21 shopping complexes across Singapore


• NBC, South Korea team up for research
The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the


• Six cargo vessels handed over to Myanmar by India
Six cargo vessels, part of the Kaladan Multi Modal Transit Transport Project agreement, meant to facilitate transportation of goods


   Updated: June 27, 2017
Singapore
The Straits Times Index (STI) ended 10.06 points or 0.31% higher to 3219.53, taking the year-to-date performance to +11.76%.
Asean
Most southeast Asian stock markets edged higher on Tuesday as oil prices rose for a fourth consecutive session, although worries over a persistent global supply glut lingered.
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      Updated: June 17,  2017
Southeast Asia Plans for Its Own Future after Shangri-La
The Philippine military continues to fight ISIS-linked militants in Marawi City on the southern island of Mindanao. The military claims the ongoing battle started on May 23 when government troops conducted a raid in pursuit of Isnilon Hapilon, the declared emir of the Islamic State in Southeast Asia. The siege has so far killed 58 members of the Philippine security forces and 26 civilians, with the death toll for militant fighters believed to be over 200. Philippine marines discovered $1.6 million in cash and checks in a former militant stronghold on June 6. The military failed to meet a June 12 target date to take back control of the city. resident-elect Donald Trump’s foreign policy team is taking shape, with the choice of ExxonMobil chief executive Rex Tillerson for secretary of state and retired Gen. James Mattis for secretary of defense. The selection of Tillerson and Mattis—both well-respected individuals with  More

    Updated: June 17,  2017
Biweekly Update
Philippine military strikes Marawi militants’ stockpiles, seizes cash
Philippine president Rodrigo Duterte on May 23 declared a 60-day period of martial law for the entire island of Mindanao after the militant Maute group attacked Marawi City, the capital of Lanao del Sur Province in central Mindanao. Fighting for control of the city is ongoing between the Maute group—which claims affiliation with ISIS—and the Philippine military
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