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NEWS UPDATE     June 26,  2018

• Japanese FM's visit highlights ASEAN's industrial hub, Indo-Pacific, and South China Sea

• PHL bags over P621M worth of Japan grants

• Bank Indonesia to help boost property business

• Philippines to rely on Japan’s help in fueling the economy

• Trade fair in South Africa introduces Vietnamese goods

June 21,  2018
• PM calls for study on fears of US-China trade conflict

• Trade chief Lopez: Creating more jobs through investments better than wage hike

• Investment Commission reformed

• Wing, City team up for cashless bus payment

• Strong demand seen for Philippine Samurai bonds —DOF

June 18,  2018
• Vehicle sales down 13.7% in May as buyers purchased ahead of TRAIN —industry report

• An Giang seeks investment in over 50 projects

• Jakarta to see lower electricity consumption during holiday

 • Da Nang seeks EU investment

• Leader of GDP calls on nations to monitor poll

June 15,  2018
• Techcombank to increase charter capital to US$1.53 billion

• Jakarta to see lower electricity consumption during holiday

• Techcombank to increase charter capital to US$1.53 billion

• PHL financial markets close for Eid'l Fitr

• PHL to post wider current account deficit in 2018

June 12,  2018
• Inflation may yet peak —Diokno

• Government appoints 5 operators for $292m oil and gas blocks

• Thai Nguyen seeks investment in 65 projects

• Compiled by Thien Ly

• ADB expands Trade Finance Program by $350 million

June 11,  2018
• Bank Indonesia increases reference rate to 4.75 percent

• PHL poverty reduction still behind regional peers —World Bank

• Finance Ministry lowers economic growth projection

• Gov’t spending on infra surges 96% in April

• FDI disbursements up 10% in five months

May 30, 2018
• Minister calls on regions to help control inflation

• Investors to report short positions on SGX stocks from October

• Inflation rate increases in April

• Increasing nat’l minimum wage to bring economy down, solon warns

• Trade between Myanmar and Sweden decreases

May 28,  2018
• Bank Indonesia projects 5.2 percent growth in 2018

• GDP growth at 6.8 per cent in 2019: Government

• Economy to grow faster in Q2 — FMIC, UA&P

• VN attends economic forum

• SMS solution to promote e-commerce

May 24,  2018
• In power deficient PHL, some back revival of nuclear plant

• Viet Nam’s foreign reserves hit US$64bn

• Indonesia drafts low-cost financing scheme for green energy

• Central bank approves acquisition of VNPT’s finance subsidiary

• Mobile phone usage in Myanmar increases 110 percent

May 23,  2018
• Current account deficit to reach 2.3 percent in 2018: BI

• Viet Nam’s fintech industry to reach nearly US$8bn

• Hyflux applies for court supervision to reorganise liabilities, businesses

• Only 2% cooperatives have access to loans

• Hong Kong paper manufacturing company to invest in Bago

May 21,  2018
• Philippine payments position posts $270-M deficit in April

• Gemadept eyes 227% rise in profit

• Foreign portfolio investment yield net inflows in April

• Bien Hoa Industrial Park to close

• Inflation safely within BI target range at start of Ramadhan

May 18,  2018
• Indonesia finalizes fiscal incentives for investments below Rp 500b

• Union group fears for future of EU trade deal

• Manulife Indonesia records 19% growth in 2017 premium business

• Government not worried about high imports in April

• MoF mulls increasing green tax

May 15,  2018
• Indonesia to open 8 more ports for international trade

• Paper factory’s investment certificate to be revoked

• If rupiah weakening persists, it will affect economy: Moody's

• CEO Conference 2018 on the economy held in Yangon

• Ministries urged to remove 49% foreign cap

May 14,  2018
• CEO Conference 2018 on the economy held in Yangon

• Indonesia eyes Indian tourists visiting Malaysia, Singapore

• PLDT posts 41% increase in Q1 net income

• Yangon CM expects more investment in three sectors

• Economy grows on strength of exports, tourism and agriculture

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