Sep
01

Southeast Asia – Vietnam, Laos, Thailand boost trade and investment

Vietnam, Laos, Thailand boost trade and investment
Thai tourists visit Phong Nha Ke Bang National Garden in Quang Binh province through Road No.12. Vietnam, Laos and Thailand put forth measures to effectively use Roads No. 8 and 12 to boost their trade, investment and tourism ties at a meeting in the central province of Quang Binh on August 29-30.

Malaysia, Indonesia May Hold Rates as Risks Emerge
Malaysian and Indonesian policy makers will probably keep interest rates unchanged this week to support their economies as the global recovery slows.

Singapore’s Economy Expected To Grow 15%
Singapore economy seen growing 15 percent in 2010

Cambodia boasts plans for Asia’s tallest building
Impoverished Cambodia plans to build a 1,820-foot (555-meter) skyscraper, its prime minister said Wednesday, a feat that would give one of the region’s least-developed capitals the tallest building in Asia.

Singapore economy seen growing 15 percent in 2010
Singapore’s economy will likely expand at a record pace this year as a surge in demand for the city-state’s exports fuels manufacturing, according to a central bank survey of analysts.

Philippines Says Budget Deficit May Narrow Next Year as Growth Accelerates
The Philippines may narrow its budget deficit next year to the smallest since 2008 as economic growth accelerates, Finance Secretary Cesar Purisima said.

Mickelson signs on for Singapore
US Masters champion Phil Mickelson will headline the Singapore Open this year which has boosted its prize money by one million US dollars.

Outrage after new delay in Philippine massacre trial
Relatives of 57 people killed in the Philippines’ worst political massacre expressed outrage on Wednesday after a court delayed the trial of the main suspect and his alleged police accomplices.

Indonesian Inflation Accelerates in August as Electricity Costs Increase
Indonesia s inflation rate climbed to the highest level in 16 months as electricity costs increased after the government raised power prices this quarter.

Myanmar military chief remains at the helm
YANGON, Myanmar, Sept. 1 (UPI) — Myanmar’s top junta chief remains in control, despite rumours he had stepped down ahead of the controversial November election, the first in nearly 20 years. Myanmar – Burma – Asia – Military – Maps and Views

Malaysia’s Richest Boosts Hong Kong Property
Billionaire Robert Kuok’s property firm wins land auction for luxury site.

BRICs, Indonesia to Double Internet Use, Report Says
Brazil, Russia, India, China and Indonesia will double their Internet users to 1.2 billion by 2015, fueling growth at media companies and phone carriers, according to Boston Consulting Group Inc.

Indonesian leader pledges police reform
Indonesian President Susilo Bambang Yudhoyono promised Tuesday to replace the country’s much-maligned chiefs of police and prosecutors but denied the reshuffle was linked to corruption and incompetence.

Malaysia issues 4 new Islamic insurance licenses
Malaysia’s central bank said Wednesday it has approved four licenses for Islamic life insurance to mostly foreign-led operators as part of an ongoing liberalization to make Malaysia a regional Islamic finance hub.