ASEAN KEY DESTINATIONS
By David Swartzentruber
These were the most significant stories in Asean during the week of October 2-October 8:
Yudhoyono addresses extremism
In his strongest statement so far on religious extremism, President Susilo Bambang Yudhoyono said on Friday that mosques should not be used to preach hate and violence.
Malaysia hopes to balance investments
Malaysia's Ministry of International Trade and Industry hopes to balance both foreign direct investments (FDI) and domestic direct investment (DDI) to sustain economic growth.
Normal' growth for Thailand expected
The Thai economy is expected to slow to a growth rate of 4 percent to 5 percent in 2011, with exports, private investment, agriculture and tourism the key drivers,
Philippines may tax investors
Amid the local stock market's bull run, the Bureau of Internal Revenue (BIR) is mulling reducing the tax perks enjoyed by the stock market given the negligible number of ordinary Filipinos trading shares.
Vietnam trade deficit won't go away
Vietnam faces a perennial trade deficit since most of its exports are raw materials, semi-processed goods, and contract-manufacturing goods while it imports more high-value goods, machinery, equipment, production lines, and parts.
Singapore property hits new high
Singapore's housing prices reached a fresh record high in the third quarter as the city-state's economy booms after last year's recession.
Thai government told to keep out of wage debate
As most who follow Thai news know, the disparity between the Bangkok elite and the rural poor has fostered some of the recent protests. The Abhisit government feels that raising wages could help breach that income disparity but has been told not to interfere.
Foreign firms look to invest in Ho Chi Minh City
Small- and medium-sized foreign firms in HCM City are looking to increase their capital because they see potential for expansion and growth.
Lizard King put on ice
Malaysia has revoked the permits of a rogue wildlife trader dubbed the 'Lizard King' and ordered the seizure of all his animals, including two tigers and a crocodile, an official said on Wednesday. The tough new measures come after Anson Wong, described as one of the world's most-wanted wildlife traffickers, was last month jailed for six months.
Laos, China to cooperate in railway construction
A top Chinese railway official arrived in Vientiane this week for talks with Lao officials on the construction of a railway from the Chinese border to Vientiane.
Thai, Cambodian PMs meet
Prime Minister Hun Sen met with Thai premier Abhisit Vejjajiva at a summit in Belgium, where the two leaders affirmed their commitment to a demobilisation of troops stationed along their contentious border.
Philippines moves on infrastructure
The Philippines government will offer 33 infrastructure projects for public-private partnership (PPP) in a road show next month.
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