Apr
17

Southeast Asia – political tension in Thailand not good for Malaysia (Thailandnews.net)

political tension in Thailand not good for Malaysia (Thailandnews.net)
The ongoing political tension in neighboring Thailand is not good for Malaysia, the Malaysian Investors’ Association (MIA) said on Wednesday. “It’s contagious. When your neighbor’s house is on fi…

68 Afghan migrants arrested in Indonesia: report (AFP via Yahoo! News)
Sixty-eight migrants from Afghanistan have been arrested in Indonesia as they were planning to enter Australia illegally, a report said Friday.

Plane carrying 11 crashes in Indonesia’s Papua (AlertNet)
Source: Reuters JAYAPURA, Indonesia, April 17 (Reuters) – A plane carrying 11 people crashed into a mountain in Indonesia’s Papua province on Friday shortly after take off, police said. Rescuers were on the way to …

Invitation FAM Trips to Vietnam and Cambodia (PRWeb via Yahoo! News)
Luxury Travel Vietnam Company is pleased to invite travel professionals to join on a Mega FAM tours to Vietnam and Cambodia in 2009-2010.

Marck Biosciences forays into Singapore,Malaysia (Business Standard India)
Marck Biosciences, manufacturer and marketer of sterile dosages pharma products and blow-fill-seal specialist, is planning to enter the Singapore and Malaysian market.

Vietnamese PM meets with Singaporean Minister Mentor (People’s Daily)
Vietnamese Prime Minister Nguyen Tan Dung met with Singaporean Minister Mentor Lee Kuan Yew here on Wednesday. Dung said that he was happy to see the fine development between the two countries, especially in economic cooperation activities. He believed Lee’s visit will further boost the friendship cooperation between the two countries. Dung briefed Lee on Vietnam’s socio-economic situation, …

China, Malaysia, Singapore, S. Korea: Asia Local Bond Preview (Bloomberg)
April 16 (Bloomberg) — The following events and economic reports may influence trading in Asian local-currency bonds today. Yields are from the previous session.

Vietnam attaches importance to ties with Singapore (Vietnam Net)
VietNamNet Bridge Party General Secretary Nong Duc Manh has reiterated Vietnam s stance to attach importance to strengthening friendship and cooperation with Singapore.

Philippine Peso Rises to Two-Month High on Rate Cut; Bonds Gain (Bloomberg)
April 17 (Bloomberg) — The Philippine peso rose to a two- month high after the central bank cut its benchmark interest rate yesterday to boost economic growth and money sent home from Filipinos abroad increased. Bonds gained.

Nine feared dead in Indonesia plane crash (CNN)
Nine people — including three election officials — were feared dead after a small plane crashed in eastern Indonesia on Friday, police said.

Indonesia raises $650M from global Islamic bonds (AP via Yahoo! Finance)
Indonesia’s first-ever sale of global Islamic bonds raked in $650 million and drew orders for seven times that amount, easing funding pressure on the government as it seeks ways to plug the 2009 budget deficit.

Philippine Peso Headed for Weekly Gain on Rate Cut, Remittances (Bloomberg)
April 17 (Bloomberg) — The Philippine peso was headed for a weekly gain against the dollar after the central bank cut its benchmark interest rate yesterday to boost economic growth.