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Thursday, April 27, 2017
Southeast Asian leaders will express serious concern over territorial disputes in the South China Sea when they gather in an annual summit in Manila this week, but a draft of a communiqué to be issued at the end of the meeting indicates they will adopt subdued language on a...
An international human- rights watchdog is calling on Southeast Asian leaders to take a stand against the Philippines’s war on drugs that has left thousands dead under President Duterte, the host of this week’s regional summit. Amnesty International (AI) said leaders of the 10-member Asean must consider whether the killings...
Thailand’s government has approved the purchase of its first submarine in more than half a century, the country’s top defense official said on Tuesday, calling the $393-million deal with China necessary and a bargain. Defense Minister Prawit Wongsuwan said the navy’s purchase of a Yuan Class S26T submarine would be...
Singapore is creating a S$1-billion ($718-million) fund to help innovative companies develop their businesses and expand overseas, part of the city-state’s drive to boost economic growth. The Makara Innovation Fund—a collaboration between the Intellectual Property Office of Singapore (IPOS) and local private equity firm  Makara Capital Partners Pte. Ltd.—will invest S$30...
Indonesia plans to overhaul its energy policy to attract investment of as much as $200 billion over the next decade, as the former Organization of the Petroleum Exporting Countries (Opec) member seeks to reverse a decline in its crude-oil production. The amendments to the energy policy, once approved by President...
By Ernesto Banawis Sr. Looming large in the back of the minds of delegates to the Asean 30th Summit meeting this week in Manila is the disturbing South China Sea dispute. The Philippines considers the South China Sea conflict equally, if not more important than realizing the economic integration of the...
Barely two years after he was engulfed in a scandal over a Malaysia state fund, Prime Minister Najib Razak is set to clear another hurdle to putting the furor behind him and calling an early election. Malaysia is said to have agreed to pay Abu Dhabi $2.5 billion as a...
It’s a whodunit worthy of a Dan Brown novel: a small bronze plaque commemorating Thailand’s 1932 revolution is ripped out from a very public place by parties unknown and substituted by one praising the Chakri Dynasty, whose 10th king took the throne in December. A disinclination by the authorities...
BANGKOK—Efforts by authorities in military-ruled Thailand to impose order on the chaotic capital city have a fresh target: cheap and tasty pad thai. The latest crackdown by Bangkok city officials is going after the vendors whose carts sell everything from Thailand’s signature noodles, to spicy tom yum goong soup, have...
YANGON—The Department of Meteorology and Hydrology of Myanmar issued an orange alert last Saturday, warning that a small cyclone is forming in the south east of Bay of Bengal and likely to enter the country’s Rakhine state. Daw Ye Ye Nyein, director of the department, told Xinhua at noon that...
China has conducted military exercises near its border with Myanmar, where fighting between the Myanmar army and ethnic rebels has flared in recent months. The annual training exercise on Tuesday involved the Chinese army and air force and tested troops’ rapid response and joint strike capabilities, the defense ministry said in a statement. China’s...
With Indonesia’s tax amnesty coming to an end, authorities are now setting their sights on those who didn’t participate and continue to evade taxes. Officials plan to scrutinize credit-card data from banks and compare those with tax reports after the amnesty program uncovered more than $353 billion in previously undeclared...
Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals. which runs Southeast Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people...
The former head of Thailand’s tourism promotion board was sentenced on Wednesday to 50 years in prison for accepting $1.8 million in bribes from two Hollywood producers to let them organize the Bangkok International Film Festival a decade ago. A court established last year to hear corruption cases found Juthamas...
DILI, East Timor—A former guerrilla fighter vowed Saturday to keep peace and unity as East Timor’s new president, delivering a victory speech after the final tally showed he was on course to win the election. Francisco “Lu-Olo” Guterres received 57 percent of the vote in Monday’s election, according to final...
CEBU CITY—The provinces of Cebu and Bohol in the Visayas will host some of the 31st Association of Southeast Asian Nations (Asean) summit meetings from April 3 to 22. The Asean summit meetings in Cebu will take place from April 3 to 7, while the meetings in Bohol will be...
It may be one of the smallest economies in Asia, but Vietnam is among those leading the infrastructure race. Vietnam’s public and private-sector infrastructure investment averaged 5.7 percent of GDP in recent years, the highest in Southeast Asia and compares with 6.8 percent in China, according to the Asian Development Bank...
Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market. The legislation adopted in January 2016 leaves unanswered questions, such as whether it applies to existing apartments, hurting efforts to...
Thailand’s military government is cracking down on traffic carnage, invoking special executive powers accorded by an interim constitution to force automobile drivers and all their passengers to wear seat belts. The move by Prime Minister Prayuth Chan-ocha comes ahead of next month’s celebration of the traditional Songkran New Year’s holiday,...
BANGKOK—A Thai civilian group said recently that they have found some 2,971 land mines in an area near Thai-Cambodia border since last September and was helping the military clear them all in several days. This area, marked Suspected Hazardous Area (SHA) 397-01-2AD and located in Chong-prik temporary border pass, Buached...
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