Toshiba makes Thailand AEC export center
Japan’s Toshiba Corporation will make its Thai unit a center for manufacturing and exporting home appliances to Asean to benefit from the Asean Economic Community (AEC) to take effect in 2015.
READ MORE: http://www.aseanaffairs.com/thailand_news/companies/toshiba_makes_thailand_aec_export_center
Buoyant Indonesian economy as others struggle
As heavily indebted developed economies struggle to grow this year, Indonesia's economy continued its rapid expansion.
Car ownership limit proposed in Jakarta
Jakarta Police Chief Insp. Gen. Untung S. Rajab remained adamant on Wednesday that instead of imposing color-based restrictions on private vehicles to ease the city's traffic, the authorities should focus on restricting car ownership.
READ MORE: http://www.aseanaffairs.com/indonesia_news/automotive/car_ownership_limit_proposed_in_jakarta
Consensus reached on sea dispute
Vietnam and China concluded working-level negotiations on marine issues on Monday, reaching a consensus to solve East Sea (South China Sea) issues through peaceful measures.
READ MORE: http://www.aseanaffairs.com/vietnam_news/politics/consensus_reached_on_sea_dispute
Amnesty for illegal Indo workers
Illegal Indonesian migrant workers should take advantage of the opportunity offered by an amnesty program for illegal foreign workers in Malaysia to strike better working agreements with employers, activists said on Tuesday.
Philippines banks may increase reserves
Two of the country’s largest banks backed the Bangko Sentral ng Pilipinas’ (BSP) move to increase reserve requirements, with another hike seen later this year.
Singapore’s Changi airport gets upgrade
Terminal 1, Changi Airport's oldest and busiest terminal, is giving travelers and visitors more to do and enjoy now that a $500 million overhaul is more than 85 percent completed.
Conserving water in Thailand
Thailand has a unique water situation. Areas of the country that are flooded, six months later are drought-stricken. The answer could lie in conserving water.
Academic calls for Vietnam banking industry reforms
The Vietnamese banking sector needs to be reformed, according to Huynh The Du, a lecturer affiliated with the Fulbright Economics Teaching Program.
New Indonesian bank ownership rule floated
The Indonesian central bank's recent admission that it wants to enforce ownership limits for commercial banks has caused nervousness in Indonesia's banking community.
Is Laos building Mekong dam?
Ting does not know exactly how the proposed Xayaburi hydropower dam will change his life, but he knows he will be forced to leave his village if it goes ahead.
FDI drops in Vietnamese property
Foreign investment in the property sector this year has been the lowest in the last five years, with analysts attributing it to the lingering impact of the economic meltdown.
Philippines gets no rating upgrade
The Philippines failed to snag a fresh upgrade from Standard & Poor’s even after Manila’s representations for a lift in its credit rating.
Singapore industry is optimistic
Manufacturers and services firms in Singapore remain optimistic on prospects, according to surveys of business expectations for the third quarter of the year released on Friday.