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NEWS UPDATE
NEWS UPDATE         May 27, 2016

• Foreign investors are interested in opening up VN theatre businesses

• New firm seeks to enter gold trading

• Metro Q4 net profit plummets nearly 85% to S$1.1m

• Deal to help VN textile companies go global

Electricty Rates Spike in Laos, the 'Battery' for Southeast Asia



May 26, 2016
• Singapore economy grew 1.8% year-on-year in Q1 2016: MTI

• Supporting regulation issued on negative investment list

• Consumer Price Index up 0.54% in May over April

• 35,000 MW mega project in possible limbo, says analyst

HCM City leader welcomes US businesses and investors



May 25, 2016
• CPI drops 0.9 per cent in April

• Cellum and MYPAY empower mobile commerce in Myanmar

• Cross-border route to link India, Myanmar, Thailand

• VietJet to buy 100 Boeing planes for US$11.3 billion

ISEI, Kadin eye 1 million farmers to join sustainable agriculture scheme



May 24, 2016
• Tapping into Cambodia’s energy sector

• Obama arrives in Viet Nam

• Government to call for S$2.8b of ICT tenders in FY2016

• Indonesia trims 2016 growth forecast


Consumer prices continue fall in April, but pace of decline slow



May 23, 2016
• Woodside increases its Myanmar offshore gas estimate

• Bilateral trade with Thailand declines

• Indonesia, Vietnam to double trade value in 2018

• MPRT seeks development of tourism apps

Moody's more optimistic about Indonesia’s growth



May 19, 2016
• PACT Global Microfinance Fund signs agreement with Southtech

• Islamic finance to bring balance to SDG financing: Sachs

• Singapore, Myanmar exploring bilateral investment treaty


• Budget airlines set to soar in ASEAN’s open skies

Domestic real estate to see ’hot’ development



May 18, 2016
• ASEAN, Canada reaffirm commitment to strengthen partnership

• US eases sanctions on Myanmar in bid to promote growth

• Jakarta grants Rp 576 billion for gubernatorial election preparation

• Singapore, China exchange views on social governance in a diverse society

Banks cut lending interest rates on gov’t advice



May 17, 2016
• Suppliers protest Big C demands

• 5 research projects awarded S$14m in funding by MND, NRF

• Tower Transit announces pay increment of 3.5%

• Seeing green in every puddle

Cautious optimism prevails after Philippine elections



May 16, 2016
• ASEAN and the United States Reaffirm Commitment to Strengthen the Strategic Partnership

• Malaysian GDP slows to a nearly seven-year low

• Singapore ranks third for foreign investment in VN

• Brunei trade balance rises to $307.8 million in March

Indonesia seeks 10% increase in timber products exports to EU City



May 13, 2016
• Vietnam to ease FDI operations

• Myanmar expands aviation capability

• EMA, Singapore Power call for proposals to test energy storage system

• More US firms eyeing to invest in Brunei

FDI less than in 2015 for HCM City



May 12, 2016
• Toyota holds market lead as car sales plummet

• SBS Transit reports 69.5% rise in Q1 net profit

• Jokowi seeks better governance in regional transfer

• Canadians paid $103M for ABA stake: source

Brunei’s March CPI up 0.8%



May 11, 2016
• Bank employees get raises in Q1

• Ford sales skyrocket in first quarter of 2016

• Quang Ninh wants investment in agriculture

• Qatar requests more Indonesian workers for 2022 World Cup

Star Digital signs with Huawei for 4G service



May 10, 2016
• PM pushes public finance project

• After slow start, life insurance takes off

• Jakartans flock to tourist destinations over long weekend

• Factories create 12,000 new first-quarter jobs

Jakartans flock to tourist destinations over long weekend



May 9, 2016
• PPSEZ IPO fully subscribed

• IMF cuts Brunei’s GDP forecast for 2016

• Upcoming energy forum to look at growing economies


Indonesia, Saudi Arabia to double trade by 2020

Philippine peso falls on election jitters


May 6, 2016
• Asian visitors continue to lead tourism sector growth

• Cambodia bars cars near Angkor Wat temple

• Indonesia Q1 GDP slows to 4.92%

Malaysia's scandal-hit Najib seeks big win in Borneo state polls

FDI helps boost industrial infrastructure



May 4, 2016
• Banking still on a growth path

• Chinese investors to enjoy special service at BKPM

• Banks’ equity up, assets down

Millions of SIM cards still missing ID

Penang property developer seeks Brunei investors for luxury condos



May 3, 2016
• Industrial production up 7.3% in 4 months

• Labour Movement to do more to boost workers' productivity: Chan Chun Sing

• 300 Die in India Heatwave, Thailand and Laos Smash Heat Records

Foreign minister reaffirms Japan's economic ties to Thailand

Transport companies agree to drop fees



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