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Asean Affairs    14  August  2011


By  David Swartzemtruber

AseanAffairs     14  August 2011

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These were the most newsworthy stories published by Asean Affairs during the week of August 6-August 13.

Asean speeds up trade liberalization
Asean members will try to speed up the elimination of trade barriers within the group and with their trading partners to maximise the benefits for small and medium-sized enterprises.

Indonesian bourse to see more IPOs
As many as 10 more companies could be listed on the stock exchange by the end of this year amid confidence that local investor interest would drive demand in spite of global market volatility, a bourse official said.

Asean trade ministers push to end tariffs
Asean members ready for regional integration under the Asean Economic Community (AEC) in 2015 may proceed with the plan ahead of the others, says Srirat Rastapana, director-general of Thailand's Trade Negotiations Department.

Jakarta to turn waste into energy
The Jakarta administration is planning to build three treatment centers that will use waste to generate energy, Governor Fauzi Bowo said on Wednesday.

Vietnamese income gap widens
The gap between Vietnam's rich and poor widened 9.2 times last year, according to recent General Statistics Office data.

Malaysia air pact: no price-fixing
The agreement between full-service carrier Malaysia Airlines and low cost carrier AirAsia and its sister airline AirAsia X, should not be viewed as a move to reduce consumer choice in terms of air fares but rather a means of facilitating growth for these airlines.

Singapore cuts growth outlook
Export reliant Singapore cut its 2011 economic growth and trade forecasts on Wednesday amid growing fears consumer demand from the US and Europe could be weaker than previously expected.

Ventiane is “booming”
The economy of Laos' sleepy capital Vientiane grew 12 percent year-on-year in the first three quarters of the current fiscal year, media reports said Monday.

“New city,” plan shot down by BK governor
The Bangkok Governor Sukhumbhand Paribatra plans to veto the controversial land reclamation in the Gulf of Thailand if the Pheu Thai government moves forward with the megaproject.

Thai small business push needs Asean focus
The Thailand Plaza programme to help local small businesses gain exposure abroad needs a fresh focus with more showrooms in Asean countries, according to the Office of Small and Medium Enterprises Promotion (Osmep).

Vietnam property market declines
Efforts by the Vietnamese government to control runaway inflation coupled with signs of an economic slowdown are starting to have a negative effect on the property market, according to the multinational property services firm CB Richard Ellis (Vietnam).

Indonesia consumer surveys are mixed
Two consumer confidence surveys offered different views of how people felt about the Indonesian economy in July. Optimists were upbeat about job prospects over the next six months, while pessimists were concerned about inflation.

Slow US growth impacts Asia
The slower growth in the United States will have wider implications on the global economy since the country's US$14.7 trillion economy makes up about a quarter of global nominal gross domestic product (GDP).

Vietnamese rice exports hit record
Viet Nam's rice exports in the first seven months rose to a record high of nearly 4.62 million tonnes and fetched US$2.18 billion, the Viet Nam Food Association reported. READ MORE:


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Asean Analysis    14  August  2011

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ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


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