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NEWS UPDATE
NEWS UPDATE         June 24, 2016

• More tourism awards a boon for the sector

• Hilton hotel chain steadily expands in Indonesia

• Homegrown fastfood chain helps boost tourism sector

• Earning funds from selling shares in Isuzu, PPI drops injection plan

Myanmar’s Suu Kyi visits troubled diaspora in Thailand



June 23, 2016
• HCM City economy grows 7.47%

• SME development crucial in diversifying local economy

• PPAP net profit up 26% in Q1


• Kido Group reports 2015 sales of $136m

Sinar Mas to build Indonesian version of Silicon Valley



June 22, 2016
• Govt, House set this year's budget deficit at 2.35% GDP

• Rough year for Thai imports

• Frasers Logistics rises in debut after Singapore’s largest IPO since 2013

• New Philippine gov’t plans growth with big overhaul

Myanmar’s mobile revolution



June 21, 2016
• ASEAN’s potentials attract Brazil

• Aiming to deliver consistency

• Banks try loan rate cuts but seek Gov't help

• Hotels’ take on improving tourism in Brunei

Flood warning issued as heavy rains due in Phnom Penh, 12 provinces



  June 20, 2016
• BI expects consumer prices to rise 0.6% this month Bank Indonesia (BI) forecast monthly

• Malaysia PM Najib defeats former mentor Mahathir's challenge in twin by-elections

• Tifa Finance pays Rp 7.56 billion in dividends

• New US loan to expand Apollo Towers’ mobile push in rural Myanmar

Singapore exports up in May



  June 17, 2016
June 17, 2016June 17, 2016June 17, 2016June 16, 2016• ASEAN, China to formulate environmental cooperation plan

• Harmonisation of food standards to promote ASEAN trade

• Charoen Pokphand Indonesia pays bigger dividend

• Support is better than protection, government’s new economic policy

‘Focus on financial management to get bank financing’



  June 16, 2016
• Power market regs to be ready by 2017

• Tourism Ministry aims to woo 13.5 million foreign visitors next year

• Indonesia to develop special economic zone in Sorong


• South Korea looks to Myanmar for further trade

Vinatex expects exports to grow 10% in 2016



  June 15, 2016
• Thai bourse market report for May 2016

• Angel investors raise hopes for local startups

• Soekarno-Hatta’s 3rd runway to be constructed in 2017


• Indonesia will not allow its citizens to be prosecuted under Singapore laws

VN top Japan investment locale



June 13, 2016
• UNICEF joins the calls for protection and education for Myanmar children

• May car sales top last year’s by 45 percent

• Indonesia records 1.49 percent budget deficit as of May

• Samsung Pay soon in Singapore

US official pushes for investment agreement



June 10, 2016
•ASEAN Ambassadors Promote Trade and Investment in Louisville, KY 

• Foreign ministers to boost ties

• Singapore tipped to become No. 2 offshore financial center by 2020


• Capital stops issuance of $178 million in bonds

Mobile power plants to cover 2,000 MW gap: PLN



June 9, 2016
• Govt slashes growth target to 5.1%

• Rice export data show consistent decline

• MAS simplifies regulations for securities-based crowdfunding platforms


• FX reserves lose $4.1 b in May

Foreign investors’ securities trading accounts increase



June 8, 2016
• DHL launches largest express facility in Myanmar

• Viet Nam sees boom in e-payments


• CAMFEBA launches an ASEAN guidebook

• Penang’s lively property market

ICT Federation overhauled



June 7, 2016
• PM asks Malaysia to take more Cambodian workers

• Shoppers' paradise lost? Singapore's malls suffer as locals, tourists curb spending

• Ha Noi seeks $115.5 billion to become the second Singaporea


• Malaysian investor to build resort, dairy farm in Kepahiang

Philippines may widen debt borrowings, cut income tax to fuel growth



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