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Asean Affairs  1 May 2011


By  David Swartzemtruber

AseanAffairs     1 May 2011

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These were the most important news stories published by Asean Affairs during the week of April 23-April 29.

Fitch gives favorable ratings to Indonesia financials
The outlook for Indonesia’s major finance companies is “generally stable,” according to Fitch Ratings, reflecting favorable domestic economic prospects that helped finance firms bring in strong earnings last year.

Malaysian rare earth plant faces scrutiny
An independent panel of international experts will be appointed to review the safety of the rare earth plant project in Pahang, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.

Asean developing garment plans
As global clothing retailers move away from China, Asean countries are looking to benefit by integrating production facilities in Asean.

Myanmar exploration deals on tap
Myanmar’s state oil firm is set to sign contracts with companies from China, Singapore and South Korea for oil and gas exploration, state news media reported.

Boeung Kak Lake dispute continues
Phnom Penh officials have agreed to meet with representatives of Boeung Kak residents today, following the release of 11 Cambodian villagers who were beaten and arrested on Thursday during a protest against their impending eviction, local media report.

Garments, textiles lead surge in Vietnamese exports
The country's export revenue in the first four months of the year surged 35.7 percent over the same period last year to reach US$26.94 billion, the Vietnam General Statistics Office estimated.

Thai business wants border battles stopped
Businesspeople are calling for a quick resolution to border disputes with Cambodia, warning that continued clashes will hurt border trade and bilateral investment sentiment.

Indonesia Shouldn’t Renegotiate China FTA
Indonesia should focus on increasing its competitiveness rather than try to renegotiate the Asean-China Free Trade Agreement, economists and business executives said.

Lao dam threatens Mekong Delta
Local experts have voiced their concerns over the grave consequences of building the Xayaburi Dam in Laos, saying it would seriously jeopardize the southern Mekong Delta, causing a decline in the volume of sediment and irreversible environmental impacts.

Thai panel delays nuclear plans
The Thai government has decided to delay the construction of proposed nuclear power plants by three years even as the Japan Nuclear Energy Safety Organisation (JNES) said that Thailand should not fall back on the recent experience of Japan to decide on nuclear power policy.

Indonesian government criticized on radical group
Two of Indonesia’s highest institutions have blasted the government for either missing the rapid formation of the extremist Indonesian Islamic State or worse, allowing it to occur. READ MORE:

US forces could return to the Philippines
High-level visits in the Philippines' Subic Bay Freeport by US officials have raised the prospect of a return of the United States’ military presence in this former naval base in the wake of disasters that hit Japan, which have delayed the planned US military build-up in Guam.

Indonesia’s Yudhoyono asks for help with radicals
In an acknowledgment that religious-based violence posed a serious threat to the nation, Indonesian President Susilo Bambang Yudhoyono called on Indonesians not to rely on the police but to help stamp out extremism’s spread from inside their communities.

World Bank: Malaysia needs more reforms
Although Malaysia has taken steps to restructure its economy via the Economic Transformation Programme, more deep-seated reforms as laid out in the New Economic Model (NEM) have slowed as the government seeks a balance between tackling more immediate problems and long-term transformation.

Paul A. Ebeling, Jnr

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Today's  Stories    29  April 2011 Subsribe Now !
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• Indonesia’s Yudhoyono asks for help with radicals
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•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• World Bank: Malaysia needs more reforms     
• Aluminum smelter plant for Malaysia

• Philippines looks for credit rating upgrades

• Silver futures offered in Thailand

• Thai call success rate needs improvement p

Asean Analysis    May 2011

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• Asean Markets to Extend Rally p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


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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