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Asean Affairs    16  October  2011


  By    David Swartzentruber

AseanAffairs     16  October 2011

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These were the most newsworthy stories published by Asean Affairs during the week of October 8-14.

Foreign sell-off could hurt Asian economies
The International Monetary Fund (IMF) warned that a sell-off by foreign investors in developed markets could trigger a loss of faith in the capital markets in emerging nations across Asia, including Indonesia.

Skills gap in Philippines labor force
The World Bank on Thursday cited skills gaps as serious bottlenecks for innovation and productivity among Filipino companies. READ MORE: Bangkok prepares for possible flooding Rising sea levels predicted this weekend have fueled fears of severe flooding in Bangkok.

Glencore to rescue Bakrie Group
Glencore, the world’s biggest commodities trader, is expected to sign a deal within days for a US$800-$900 million loan to Indonesia’s Bakrie Group to help it refinance a $1.35 billion facility that became unexpectedly due, sources said on Thursday.

FDI rises 250 percent in Cambodia
Foreign direct investment in Cambodia soared 250 percent year-on-year through August even despite the West’s economic woes, Deputy Prime Minister Sok An said yesterday.

Nigeria plans Indo refinery
Nigeria plans to invest Rp 24 trillion (US$2.68 billion) in Indonesia to fund the construction of three oil refineries, an official says.

Myanmar frees prisoners
Myanmar freed dozens of political prisoners on Wednesday, including a comedian who is one of its most famous dissidents, in a further sign of change in the authoritarian state after decades of repression.

Japanese firm hit by floods
Minebea Group of Companies, one of the largest Japanese investors in Thailand, may revise its investment focus in Ayutthaya due to risks from flooding.

Asia’s trade to double
Asia’s trade volume will almost double by 2025 and will be the key driver of world trade growth despite current global economic headwinds, HSBC said in a report on Tuesday.

Malaysian budget criticized
While it is undeniable that the goodies-packed and “perceivably optimistic” Budget 2012 has injected some feel-good factors into the lives of Malaysians, reality check has caused some quarters in the private sector to question the viability of the government's fiscal deficit target and economic growth projections.

Cambodia’s flood toll rises
With the death toll from flooding in Cambodia climbing to 206 over the weekend and lengthy sections of banks along the Mekong, Tonle Sap and Bassac rivers at risk of collapse, the government was urged yesterday to call for international assistance.

Thai central bank estimates flood damage
The Bank of Thailand (BOT) has estimated the economic damage from nationwide flooding at 60 billion baht (US$2 billion), or 0.6 percent of gross domestic product (GDP), Finance Minister Thirachai Phuvanatnaranubala said on Monday.

Vietnam’s flood death toll rises
The toll from the worst floods to hit Vietnam's Mekong Delta in a decade has reached 24, most of them children, the government disaster authority said on Monday, as it reported a further six deaths.

Indonesia rebrands as global force
When Indonesia’s ambassador to the United States hands out his folded business card, it often raises eyebrows.

Myanmar VP to China on dam dispute
Myanmar's vice-president, Tin Aung Myint Oo, will visit China this month to discuss the suspension of a controversial dam built and financed by Chinese firms, a senior Myanmar official said on Friday.

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Today's  Stories    15  October  2011 Subsribe Now !
• Cambodian domestics banned from Malaysia Subcribe: Asean Affairs Global Magazine
• Industry groups oppose Indo export tax Asean Affairs Premium

• Greenpeace executive barred from Indonesia

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Global economy hits property market
• Aquino assures business community
• Five-year plan to boost public transport
• Floods hit Thai rice paddies

• Bangkok prepares for flood water arrival


Asean Analysis              16  October  2011

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Asean Stock Watch      14  October  2011

• Asean Stock Watch-October 14 p

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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