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Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: July 18, 2025

Top News Headlines In Indonesia, Laos, Myanmar, Singapore, Thailand & Vietnam: July 18, 2025

Barnama3 days ago
The Corruption Eradication Commission on Thursday announced the detention of four suspects in an alleged bribery and extortion scheme involving foreign worker permit services at the Manpower Ministry. The four suspects are all current or former senior officials at the ministry, accused of delaying work permit approvals for foreign nationals until payments were made through intermediaries.
Political parties have welcomed a recent Home Ministry proposal to increase state financial assistance for them, in the hope of reducing their dependence on business interests, but analysts warn stronger oversight and systemic reform are needed to prevent taxpayer's money going down the drain.
2. PARTIES LOOK FORWARD TO TRIPLING OF STATE FUNDING -- THE JAKARTA POST
A flood preparedness drill was held at the Ang Nam Houm Reservoir in Vientiane on Tuesday amid flood threats. The exercise focused on underwater rescue, evacuating people in high-risk areas and the timely coordination of assistance.
2. LAOS-BELARUS EXPAND BILATERAL TIES -- VIENTIANE TIMES
Laos and Belarus firmed up their diplomatic ties established in 1994 by promoting key areas — trade, investment and tourism. Both governments have waived visas to promote tourism and ease travel of official delegations.
MYANMAR
1. POSITIONING TANINTHAYI AS PREMIER TOURIST SPOT -- THE GLOBAL NEW LIGHT OF MYANMAR
Authorities approved licences to build 17 new hotels and high-standard guesthouses in Taninthayi Region to promote tourism. Thirty new travel agency licences and 55 new local tour guide permits were approved to promote the southern state, which is popular for its marine tourism.
2. MYANMAR-RUSSIA TIGER CONSERVATION STAMPS -- THE GLOBAL NEW LIGHT OF MYANMAR
The Myanma Post will release commemorative stamps featuring tigers to mark Myanmar-Russia cooperation in tiger conservation on July 20. The stamps are part of Myanmar's contribution to the International Forum for Tiger Conservation.
SINGAPORE
1. TRUMP DIAGNOSED WITH VEIN CONDITION CAUSING LEG SWELLING, WHITE HOUSE SAYS -- THE STRAITS TIMES/REUTERS
The White House said on July 17 that US President Donald Trump is experiencing swelling in his lower legs and bruising on his right hand, after photographs emerged of Mr Trump with swollen ankles and makeup covering the afflicted part of his hand.
2. 'THERE'S NO MOVING ON': 8 MONTHS ON, PARENTS OF TEEN WHO DIED IN MALDIVES STILL SEARCHING FOR ANSWERS -- CNA
Eight months after their daughter's death on a school trip to the Maldives, the parents of 15-year-old Jenna Chan say they are still waiting for answers.
THAILAND
1. THAI PROPERTY SECTOR FACES CRISIS AS DEBT BURDEN SOARS -- THE NATION
Experts warn of potential collapse as household debt reaches 90% of GDP amid cash flow crunch.
2. DOZENS OF ILLEGAL BORDER-CROSSERS ARRESTED IN ARANYAPRATHET -- BANGKOK POST
Soldiers have arrested 38 people for illegally crossing the Thai-Cambodian border in this eastern province, most of them are Cambodian migrants returning to Thailand because they could find no jobs at home.
VIETNAM
1. ONLY VALID BANK ACCOUNTS TO AVOID FRAUDS -- VIETNAMPLUS
The State Bank of Vietnam announced that over 86 million bank accounts that do not have biometric authentication or have been dormant for a long time will be deleted starting September 1. The move is to prevent fraud and cybercrime.
2. RISING DENGUE CASES DEMAND COMMUNITY HELP -- VIETNAMPLUS
Health officials are encouraging community participation to control the rising dengue fever cases in Ho Chi Minh City and southern provinces. The Cu Chi Regional General Hospital has admitted 20-30 dengue patients per day in the last two months.
-- BERNAMA
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Malaysia-Thailand boat race to boost border economy
Malaysia-Thailand boat race to boost border economy

The Sun

time16 minutes ago

  • The Sun

Malaysia-Thailand boat race to boost border economy

PASIR MAS: The plan to hold a boat race competition between Malaysia and Thailand along Sungai Golok could breathe new life into a shared cultural tradition while boosting the local economy. Kelantan Tourism, Culture, Arts and Heritage Committee chairman Datuk Kamaruddin Md Nor said the event would create opportunities for small businesses, homestay operators, and tourism service providers in Pasir Mas and nearby border areas. 'We feel that events like this can revive the local economy because travellers will come not just to watch the boat race, but also to sample the traditional food, stay in local hotels or homestays and purchase handicrafts,' he told reporters during a trial race at Sungai Golok. The proposed venue, Pohon Jambu base, is already a popular gathering spot for Malaysian and Thai communities. Kamaruddin noted that its strategic location would directly benefit nearby economic activities. 'This place is beautiful and suitable for such an event because the river is not too wide and already has basic facilities. We also receive good cooperation from the Sungai Golok authorities,' he said. Discussions are underway to expand the event by including more teams from Kelantan and Thailand's Narathiwat province, potentially making it an annual affair. A unique blindfolded boat race is also being considered to attract more visitors. The recent two-day trial race featured 40 teams, including five from Malaysia, drawing around 1,000 spectators. Such events not only preserve cultural heritage but also play a key role in revitalising the border economy, heavily reliant on tourism. - Bernama

ECB holds fire amid Trump's tariff threat
ECB holds fire amid Trump's tariff threat

The Star

time34 minutes ago

  • The Star

ECB holds fire amid Trump's tariff threat

FRANKFURT: The European Central Bank is likely to stare down the economic danger posed by US President Donald Trump's tariffs by opting to leave a potential cut in borrowing costs for another day. In their final decision before a seven-week summer break, policymakers on Thursday will probably keep the interest rate unchanged at 2%, pushing off a response to Trump's threatened tariffs of 30% until they materialise and their impact can be better assessed. With many officials likely to use the interlude for a long holiday, the temptation to restate that inflation is at target and to postpone worrying about the economic outlook until new quarterly forecasts are compiled for the Sept 10 to 11 meeting may seem appropriate. What policymakers do know, however, is that trouble is lurking. Aside from concerns about tariffs, the euro has strengthened, damping the outlook for prices and threatening to further squeeze exporters. Meanwhile, another political crisis in France may be brewing over its bloated public finances. Given that backdrop, the ECB Governing Council could acknowledge among themselves that the chance of another rate cut in September is growing, even if they stick with their well-worn 'meeting-by-meeting' approach to decision-making. In that vein, president Christine Lagarde, in her opening statement to reporters this Thursday, is likely to restate that risks to growth are 'tilted to the downside', Morgan Stanley economists wrote in a preview titled 'Ready for the Beach.' Bloomberg Economics senior euro-area economist David Powell said, 'We expect the Governing Council's language after the July 24 meeting to be similar to the wording in June, leaving open the possibility of additional cuts without committing to them.' Economic reports in the coming week will inform their deliberations. They include the ECB's own bank lending survey, due tomorrow; consumer confidence on Wednesday; and purchasing manager indexes from across the region and other major economies, set for release on Thursday, hours before the outcome of the ECB deliberations. Other key indicators, such as Germany's closely watched income from operations business confidence and Italian economic sentiment, will follow on Friday. Elsewhere, inflation numbers from Japan to Brazil and testimony by the UK central bank chief are among the things in store for investors. The US economic data calendar is relatively light and highlighted by a pair of housing market reports. On Wednesday, June data from the National Association of Realtors are projected to show a third month of scant change in sales of previously owned homes. Contract closings have been hovering near an annualised rate of four million, just above last year's level, which was the weakest since 2010. Meanwhile, economists expect a government report on Thursday to show new-home sales recovered a bit in June after posting the biggest monthly decline since 2022. The pace of contract signings on new houses has largely trended sideways for the better part of two years. The housing market has struggled to gain traction as elevated mortgage interest rates and affordability constraints keep many potential buyers sidelined. Other reports include Friday's release of June durable goods orders, preceded by S&P Global's July manufacturing and services surveys on Thursday. Fed policymakers are in a blackout period ahead of their July 29 to 30 meeting, although chair Jerome Powell tomorrow gives welcoming remarks at a conference focused on capital frameworks for large banks. Further north, the Bank of Canada's business and consumer surveys for the second quarter will offer fresh insight into inflation expectations and investment plans. Retail data for May and a flash estimate for June are likely to show slumping sales as consumers pull back after a tariff-driven rush to buy cars earlier in the year. Two fiscal monitors from the federal government may contain more details about retaliatory tariff revenues collected to date. Asia's data docket offers a broad cross-section of economic signals, from trade in South Korea to inflation indicators in Japan, Singapore and New Zealand. The figures will help clarify how the region's economies are responding to trade-related uncertainties. South Korea opens the week today with 20-day trade data, an early indicator for July exports. Next follows consumer confidence on Wednesday and retail sales during the week, offering a read on household conditions after the Bank of Korea held rates steady this month. Also on today, China will release loan prime rates, which are expected to be kept steady for a second month in July, taking a cue from the People's Bank of China. Australia takes the spotlight tomorrowwith minutes from the Reserve Bank of Australia's (RBA) July policy meeting, at which it shocked investors by keeping rates on hold at 3.85%. The minutes may offer a clearer sense of how close policymakers are to resuming their easing cycle. RBA governor Michele Bullock gives a speech on Thursday. Tomorrow, Taiwan is set to publish export orders for June, along with employment data. India's July purchasing managers' index (PMI), due Thursday, will indicate the resilience of both manufacturing and services activity. Japan closes out the week on Friday with a full slate of data, including Tokyo consumer price index, department store sales and factory activity. The inflation reading will offer an early steer on national price trends, while the other releases will help assess how well domestic demand and production are holding up. New Zealand reports second-quarter inflation today, while Singapore publishes its price gauges on Wednesday and industrial production data on Friday. Thailand has car sales and customs trade balance figures during the week. The United Kingdom will release public finance data tomorrow at a time when its economic woes and fiscal position are very much in focus. With unemployment at a four-year high and growth faltering, PMI numbers on Thursday and retail sales on Friday may also draw attention. Britain's exposure to market stress may be a topic when Bank of England governor Andrew Bailey and colleagues testify on financial stability to lawmakers tomorrow. — Bloomberg

Trump and Xi may meet before or during October APEC summit in South Korea
Trump and Xi may meet before or during October APEC summit in South Korea

The Sun

timean hour ago

  • The Sun

Trump and Xi may meet before or during October APEC summit in South Korea

SEOUL: U.S. President Donald Trump may visit China before attending the Asia-Pacific Economic Cooperation (APEC) summit in October or meet Chinese leader Xi Jinping on the sidelines of the event in South Korea, according to a report by the South China Morning Post. The two leaders could discuss ongoing trade disputes, as both nations attempt to negotiate an end to escalating tariffs that have disrupted global supply chains. Trump has pushed for higher tariffs on imports, including a 55% rate on Chinese goods, arguing it will boost domestic manufacturing. Critics, however, warn this could raise prices for American consumers. A deadline of August 12 has been set for the U.S. and China to reach a long-term trade agreement. A Trump spokesperson did not comment on the reported meeting plans. The most recent high-level talks between the two countries occurred on July 11, when U.S. Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi held discussions in Malaysia. Rubio confirmed that Trump had received an invitation to visit China, stating both leaders 'want it to happen.' Meanwhile, China's Commerce Minister Wang Wentao emphasized the need to stabilize trade relations, suggesting recent talks in Europe indicated a tariff war was unnecessary. - Reuters

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