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NEWS UPDATE     February 22, 2019

• Gov’t to look into unobserved economy 

• Tax office gets data of Indonesian wealth in 65 countries 

• Temi tourism project approved by the CDC

• Govt revises down projected growth in electricity demand

• International aircraft makers look to build in Southeast Asia 

February 18, 2019
• Indonesia posts $1.16b trade deficit in January

• PHL to use $202-M ODA from Japan for roads in Mindanao conflict areas

• Foreigners allowed house ownership in Da Nang

• Indonesia to cooperate with five Eurasian countries in trade

• Firm to invest $200m in VSIP Nghe An

February 11, 2019
• Current account deficit recorded at 2.98 percent of GDP in 2018

• PHL eyes $7.3-M grant from Korean agency for e-invoice system

• Companies await electric vehicle regulation

• Can Tho’s IZs lure $112m investment in 2018

• Property firms opt for bonds as bank loans dry up

February 4, 2019
• Minister Sri Mulyani woos investors to bring in FDI to Indonesia

• Credit growth of 14% a feasible target for 2019

• Central city launches new IT Park

• Consumer confidence up 1.5 percent to 102.3 in January

• Indonesia welcomed 15.8m foreign tourists last year: BPS

February 1, 2019
• PHL economy more investment-led in 2018

• Retailers protest high minimum wage, threaten to switch to machines

• Four foreign investors keen on Minh Phu

• House sees 20% attendance at hearing for clean energy draft law

• Indonesia’s Pertamina to invest $1B in LNG facility in PHL

January 31, 2019
• Malaysia’s RT Telecom to invest as much as $1B in PHL common towers

• Carmakers expect stagnating domestic sales this year

• Trade between US and Cambodia rises 27 per cent on previous year

• BKPM records Rp 721.3t investment in 2018

• Ha Noi urged to change ways of using FDI capital

  January 30, 2019
• VN lures $1.9 billion in FDI in January

• Cambodian workers ‘vulnerable’ in Thailand

• PLN targets to complete 20 percent of 35,000 MW program this year

• SBV to end cross-ownership in Vietnamese banks

• Trade deficit grows once more

January 29, 2019
• Govt told to relax property ownership for foreigners to boost growth

• Pernia says PHL on track to achieve upper middle income status in 2019

• Industry associations welcome eased export policy

• Foreign investors pour more money into food processing and drinks industry

• Philippine shares trade flat on lack of catalysts

January 18, 2019
• CPI targeted at 3.3-3.9% this year: Deputy PM

• Myanmar’s bilateral trade with the US increases

• Viet Nam urged to become a factory for the world

• Cambodian rice to lose EU duty-free status

• Asean industrial 4.0 development plan Thailand’s principal priority

January 16, 2019
• Myanmar suffers trade deficit of over 900 mln USD in over three months

• Credit growth moderation positive for Viet Nam’s banks: Moody’s

• Fintech can improve SME tax compliance: Experts

• Financial advisory council to the Government told to focus on science-technology

• Hilton Expands Footprint in Myanmar

January 14, 2019
• Strong growth needed in 2019

• First quarter maritime trade reaches $5.9 bln

• Pfizer inks tech deal with VN company

• Government to offer debt papers with maximum target of Rp 30t

• PEN says court decision on Reuters journalists ‘a travesty of justice’

January 3, 2019
• Da Nang’s FDI projects worth $2.9 billion

• Yangon exhibition to promote locally made products

• Government intensifies support for non-cash payment methods

• World Bank clarifies report on Indonesian infrastructure

• China and Myanmar sign MoU for ICT talent development

December 28, 2018

• Insurance claims expected to reach Rp 15.9t following tsunami

• SCIC takes over Sate capital in construction firm LICOGI

• NEC to buy Danish IT firm KMD for $1.2 billion

• State Treasury raises $7.09 billion via G-bonds

• Myanmar-Korea Friendship Bridge in Dala ground breaking ceremony held

December 26, 2018
• Construction sector sees 20% fall

• Tourism revenue up nearly VND110 trillion this year

• Govt to offer weighbridge revitalization projects worth Rp 330.66b

• Report: Kingdom’s total exports increase to $10 billion this year

• Viettel Group embraces industry 4.0Viettel Group embraces industry 4.0

December 24, 2018
• Automobile producers adapt their vehicles to B20 fuels

• Viet Nam targets high-tech FDI for development

• Marketplaces spend Rp 4.97t for ads; retailers Rp 546b

• Agricultural firms improve standards to satisfy new Chinese regulations

• PHL’s parametric insurance gets maximum cover of P20.5-B

December 21, 2018
• Viet Nam the Republic of Korea’s fourth largest trading partner this year

• Property firms turn to apps in proactive digital moves

• Fed interest rate hike has little impact on shares

• Indonesia and EFTA countries sign trade agreement

• Myanmar takes a step forward to introduce 5G infrastructure

November 29, 2018
• Indonesia's digital economy to dominate Southeast Asia by 2025

• China, Myanmar vow to push forward building of China-Myanmar Economic Corridor

• Vietnam, Thailand to supply NFA with 203,000 metric tons of rice

• BI to formulate seven policies to help economy in 2019

• November sees trade deficit of $400 million

November 2, 2018
• Internet freedom rating drops in Myanmar: FEM

• Government mulls over imposing gas DMO to curb electricity rates

• PHL strong enough to ‘weather’ economic storms, Dominguez claims

• Purchasing power rises quickly

• More investors to return to stock market if inflation slows down

October 30, 2018
• Pertamina, Aramco to meet on refinery project next week

• Stimulating local financing soon

• Telkom revenue up, but profit down

• DOF: China is PHL's biggest trading partner

• PAN Group locks foreign ownership limit at 49%

October 29, 2018
• Myanmar-Singapore joint venture increases capital in aviation fuel import

• Adaro posts higher coal production and sales in Q3

• Tourism to get a boost from Boracay’s reopening

• Workers' Party MPs close fundraising appeal after raising more than S$1m for legal fees

• Vietnamese banks have eye on foreign markets

October 23, 2018
• Myanmar welcomes more investment from Hong Kong

• 18 Indonesian food producers display products at SIAL Paris

• Phnom Penh SEZ gets $10M in investment

• No strong reason for BI to increase key rate next month: CORE

• Philippine banks to finance more green projects

October 22, 2018
• Bank Indonesia projects 0.12% inflation in October

• Vietnam is most globalized populous economy

• Singapore agency predicts a positive forecast for Myanmar economy

• VN to import 300,000 tonnes of raw cashew

• Inflation soars to 6.2% in Q3

October 11, 2018
• Bank Indonesia sees full-year inflation at 3.4 percent

• Philippine trade deficit widens to $3.51B in August

• Indonesia must boost resilience with global risks on the rise: OECD

• Banks required to meet capital demands of rice exporters

• Joint oil exploration not tackled during PHL-China loan talks —DOF

October 10, 2018
• External pressures to continue into 2019: Sri Mulyani

• Myanmar to host ASEAN Committee on Culture and Information

• Viet Nam to make investment environment friendlier for investors: NA leader

• VN mobile testing app raises $3m

• Roque: Duterte ordered unlimited rice importation to bring down food prices

October 9, 2018
• Indonesia Pavilion offers development, investment, culture to IMF-WB delegates

• Tightened monetary policy forecast for Q4 2018

• Consortium set to build 12 story high-rise in Yangon

• Binh Thuan looks to coastal economy

• ADB publishes estimated GDP figures for 2018/19

October 8, 2018
• Myanmar may lose EU trade privileges

• PHL foreign reserves dip to 7-year low at $75.16B by end-September

• Vietnamese office market has huge potential for growth

• BSP hints ‘strong tightening bias’ despite below-forecast inflation

• Trade news dampens local stocks

October 5, 2018
• Economists see inflation slowing down starting October

• Mitsubishi announces plan to increase production capacity in Indonesia

• FDI policy shift aims to support domestic firms

• Tax revenue collection reaches Rp 900.82t up to September

• VinFast uses one of the best engines in the world

October 4, 2018
• Border trade increased by US$592 million

• Economic chief needs time to explain rupiah drop

• Gov’t urged to be more vigilant in monitoring changes in global oil prices

• Telkom announces free telephone call, SMS services in earthquake-hit areas

• PetroVietnam enjoys thriving business thanks to crude oil price hike

October 3, 2018
• Gov’t meeting highlights positive economic performance in 9 months

• Indonesia records 0.18 percent deflation in September

• P2P lending company raises $3 million in funding

• Yangon allows 92 investment enterprises from 10 foreign countries

• Singapore eyes Vietnamese tourist dollar

October 1, 2018
• PHL gov't debt swells to P7.104 trillion by end-August

• Visa restrictions relaxed for visitors from Japan, China and Hong Kong

• Economic stability first, growth next: Minister

• IMF lowers 2018 growth forecast for PHL to 6.5 percent

• Indonesia to offer six projects at IMF-World Bank Annual Meetings

September 27, 2018
• Singapore's manufacturing output rises 3.3% in August, its lowest growth rate in 2018

• Indomaret tops retailer list with US$4.89b in sales

• Beijing’s involvement in Myanmar peace does not amount to interference

• Banks unexpectedly drop deposit rates

• Phu Quoc aims to become special economic zone

September 26, 2018
• Only 4.6 GW of electricity projects can be delayed: Official

• PHL wholesale prices up 9.0% in July, from 2.7% a year earlier

• Current account deficit to continue through Q3: Finance Minister

• Indonesia takes part in top French tourist fair to boost arrivals

• Duterte issues measures to tame inflation

September 25,  2018
• Tourism boom fuels upscale hotel supply: Grant Thornton chief

• Exports reach 7.64 billion

• HCM City tries to control soaring property prices

• Construction of road near ‘No Man’s Land’ in Thai-Myanmar border river suspended

• Budget dept. releases P662.5M to replenish DSWD’s quick response fund

September 24,  2018
• Ha Noi’s lucrative property market attracts foreigners

• U.S. dollar exchange rate results in commodity price hike

• Two plants praised for improvements

• BSP sees inflation reaching its peak in September

• PM: Viet Nam welcomes German investors

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