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ASEAN ANALYSIS

Asean Affairs  19 December 2010

WEEKLY SUMMARY


By  David Swartzentruber
AseanAffairs     19 December 2010

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These were the most significant news stories reported by Asean Affairs during the week of December 11-December 17.

Supply chain, logistics hit in Cancun
More than 194 nations are present at the COP16 United Nations Climate Change Conference, which opened in Cancun December 9, and sure enough, what is right at the heart discussion? The supply chain and logistics industry.
READ MORE: http://www.aseanaffairs.com/asean_news/environment/supply_chain_logistics_hit_in_cancun

IMF raises 2011 Philippines outlook
The International Monetary Fund (IMF) has raised its 2011 economic growth forecast for the Philippines.
READ MORE: http://www.aseanaffairs.com/philippines_news/economy/imf_raises_2011_philippines_outlook

Suu Kyi to persevere in Myanmar
Myanmar's newly released democracy leader Aung San Suu Kyi has vowed to remain patient in seeking dialogue with military rulers following last month's controversial poll which has kept them in power.
READ MORE: http://www.aseanaffairs.com/myanmar_news/politics/suu_kyi_to_persevere_in_myanmar

Strange outcome at Cancun conference
The United Nations' Cancun climate conference which adopted a text early on Dec 11 had a strange outcome.
READ MORE: http://www.aseanaffairs.com/cambodia_news/environment/strange_outcome_at_cancun_conference

Opium production rises in Golden Triangle
Poppy cultivation in Myanmar, Laos and Thailand has risen for the fourth consecutive year, threatening to roll back steps taken to stem the drug trade in Southeast Asia's Golden Triangle area.
READ MORE: http://www.aseanaffairs.com/laos_news/security/opium_production_rises_in_golden_triangle

China urges Thailand on Malaysia-Laos link
China is pushing Thailand to quickly approve an Asian railway project linking the Laos border in the northeast with Malaysia in the south. Deputy Prime Minister Suthep Thaugsuban said after returning from China that the government hoped to complete the Thai section of the Asian railway in four years.
READ MORE: http://www.aseanaffairs.com/thailand_news/infrastructure/china_urges_thailand_on_malaysia_laos_link

Cambodian villages get biomass power
A US$6 million rice husk-powered electricity generator will sell its excess electricity to surrounding villagers according to a director of rice miller and exporter Angkor Kasekam Roongroeung Co. Ltd.
READ MORE: http://www.aseanaffairs.com/cambodia_news/energy/cambodian_villages_get_biomass_power

Philippine feed-in tariff delayed
The state body tasked with coming up with an incentive scheme for renewable energy projects sought another extension from the regulators for the feed-in-tariff (FIT).
READ MORE: http://www.aseanaffairs.com/philippines_news/energy/philippine_feed_in_tariff_delayed

Vietnamese gold deposits hit with income tax
Vietnam' s holders of gold certificates issued by commercial banks are required to pay 5 percent personal income tax on interest earned by the certificates, according to a ruling by the State Bank of Viet Nam to reduce the level of investment in gold.
READ MORE: http://www.aseanaffairs.com/vietnam_news/finance/vietnamese_gold_deposits_hit_with_income_tax

Catholic Church, Aquino government open family planning issue
The Aquino government and the Catholic Church have agreed to provide the public "full information" on the methods of family planning, both natural and artificial.
READ MORE: http://www.aseanaffairs.com/philippines_news/environment/catholic_church_aquino_government_open_family_planning_issue

Moody's Lifts Outlook on Indonesian Banks
Moody's Investors Service has raised the outlook for Indonesia's banks to stable despite continuing challenges.
READ MORE: http://www.aseanaffairs.com/indonesia_news/finance/moody_s_lifts_outlook_on_indonesian_banks

Private sector is 29 percent of Vietnam's budget
Private companies are contributing increasingly to the Vietnam's economic development, enhancing competitiveness and helping reduce the monopoly of state-owned companies. Private companies contributed 29 percent of the state budget in the form of taxes now compared to 18 percent in 2006, Thoi Bao Tai Chinh Viet Nam (Vietnam Financial Times) newspaper reported.
READ MORE: http://www.aseanaffairs.com/vietnam_news/economy/private_sector_is_29_percent_of_vietnam_s_budget

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