Top News Headlines In Cambodia, Myanmar, The Philippines, Singapore, Thailand & Vietnam: Aug 17, 2025
The National Bank of Cambodia's Preah Srey Içanavarman Museum of Economy and Money is hosting the 'Cambodia: 1972 – 1975' exhibition. It aims to create public awareness about the economic history and the evolution of money in the Kingdom.
MYANMAR
1.NATIONAL TEAM ENTERS ASEAN WOMEN'S FOOTBALL FINAL -- THE GLOBAL NEW LIGHT OF MYANMAR
Myanmar's women's football team will appear in the ASEAN Women's Championship final after 10 years, following the victory over Thailand. The national team beat Thailand 2-1 during the semifinal match held in Vietnam.
2.HOME-GROWN TECHNOLOGY TO IMPROVE FARMING -- THE GLOBAL NEW LIGHT OF MYANMAR
The government plans to transfer farm machinery produced by the Agricultural Mechanisation Department in Nay Pyi Taw to small farming businesses at affordable prices. Machinery such as the rice planter can help farmers improve their productivity.
PHILIPPINES
1.US DEFENCE, SECURITY FIRMS EXPLORING BUSINESS PROSPECTS IN PH -- PHILIPPINE NEWS AGENCY (PNA)
A number of United States defense and security firms are seeing opportunities in co-production, joint development, and technology transfers in the Philippines, the US-Association of Southeast Asian Nations Business Council (USABC) said Saturday.
2.LIVESTREAMING OF 2026 BUDGET DELIBERATIONS TO BOOST TRANSPARENCY: DBM -- PHILIPPINE NEWS AGENCY (PNA)
The Department of Budget and Management (DBM) on Saturday backed the proposal to livestream all congressional budget deliberations to promote transparency and public engagement.
SINGAPORE
1.OVER 280 VAPES SEIZED, MORE THAN 640 PEOPLE CHECKED BY POLICE, HSA IN ANTI-VAPE RAIDS AT NIGHTSPOTS -- THE STRAITS TIMES
More than 280 e-vaporisers have been seized after the authorities raided pubs, bars and KTV lounges islandwide on Aug 15.
2.NEL, SENGKANG-PUNGGOL LRT DISRUPTION: LTA, SBS TRANSIT WORKING TO AVOID REPEAT OF RARE 'DOUBLE FAULT' SCENARIO -- CNA
The Land Transport Authority (LTA) and SBS Transit are working on eliminating a recurrence of the "double fault" scenario that affected the North-East Line (NEL) and Sengkang-Punggol LRT.
THAILAND
1. HOUSE APPROVES 2026 BUDGET BILL IN THIRD READING WITH 257 VOTES IN FAVOUR -- THE NATION
Thailand's House of Representatives passed the 2026 annual budget bill in its third reading with 257 votes, paving the way for government policy implementation.
2. PT REJECTS 'SECRET DEAL' RUMOURS -- BANGKOK POST
The Pheu Thai Party (PT) denies claims that former prime minister Thaksin Shinawatra struck a secret deal with Constitutional Court judges to influence the upcoming ruling in suspended Prime Minister Paetongtarn Shinawatra's case over a leaked audio clip of her conversation with Cambodian Senate President Hun Sen.
VIETNAM
1.CEMENT INDUSTRY ON GROWTH TRAJECTORY -- VIETNAMPLUS
The cement industry is recovering this year after a glut in the market due to oversupply and poor domestic demand. Rising investment in public infrastructure projects, combined with lower product costs, is helping to drive the sector's recovery.
2.HANOI HOSTS PROUD TO BE VIETNAMESE EVENT -- VIETNAM NEWS
Authorities in Hanoi will divert traffic flow in the city during the art and political programme 'Proud to be Vietnamese' to be held today at the square of My Dinh National Stadium. It is to ensure the programme runs smoothly.
-- BERNAMA
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Top News Headlines In Laos, Myanmar, Philippines, Singapore, Thailand & Vietnam: Aug 18, 2025
Tan Chong Motor (Lao) Co Ltd has introduced the All-New Nissan Magnite. The compact SUV, featuring advanced technology, excellent fuel efficiency and smart features, is designed for urban drivers. Laos plans to export 210 tonnes of rosella fruit to South Korea this year, in addition to black and white sesame and large onions. Both countries have signed an agreement to promote exports and expand trade ties. 1. CONSUMER GOODS MADE FROM PLANTS -- THE GLOBAL NEW LIGHT OF MYANMAR Yangon-based Green Banana Myanmar has developed a new type of loom to produce consumer goods from greater club-rush (Scirpus grossus), a weed species. The environmentally friendly products will be sold in local and foreign markets. 2. ELECTRICITY THEFT UNDER SCRUTINY -- THE GLOBAL NEW LIGHT OF MYANMAR Authorities have warned the public not to relocate or install power meters without permission and to stop illegal electricity connections. The department said it will take action under the law, including demanding compensation and fines. PHILIPPINES 1. PH WINS 'ISLAND CHARM' AWARD AT BEIJING DIVE EXPO - PHILIPPINE NEWS AGENCY (PNA) The Philippines has strengthened its standing as a top global diving hub after winning the Island Charm Award, recognizing the country's unique appeal to tourists, at the Diving Resort and Travel (DRT) Expo held in Beijing on Aug. 8 to 10. 2. TD 'HUANING' UNLIKELY TO AFFECT PH - PHILIPPINE NEWS AGENCY (PNA) The low pressure area (LPA) east northeast of Batanes developed into a tropical depression and named "Huaning", the weather bureau said Monday. SINGAPORE 1. NDR 2025: PM WONG CALLS ON SINGAPOREANS TO UNITE, WRITE NATION'S NEXT CHAPTER TOGETHER -- THE STRAITS TIMES Prime Minister Lawrence Wong called on Singaporeans to band together to write the next chapter of the nation's story, as he set out plans to support them throughout various stages of life. 2. NDR 2025: SINGAPORE TO TREAT VAPING AS A 'DRUG ISSUE' AND STEP UP ENFORCEMENT -- CNA Singapore will treat vaping as a 'drug issue' and step up enforcement, toughening its stance on the electronic cigarettes that are illegal but increasingly rampant among youths in the country. THAILAND 1. AOT SAYS FACEBOOK PAGE HACKED BUT OPERATIONS UNAFFECTED -- THE NATION AOT says its official Facebook page was hacked and renamed, but confirms airport operations and passenger services remain unaffected. 2. 'FAKE' WHITE HOUSE JOURNO BARRED FROM THAI ENTRY -- BANGKOK POST The government has made a U-turn by cancelling an invitation to American national Michael B Alfaro after confirming he is not an accredited White House correspondent, despite his claims. VIETNAM 1. HONOURING PUBLIC SECURITY FORCES -- VIETNAM NEWS A grand celebration was held in Hanoi on Sunday to mark the 80th anniversary of the Vietnam People's Public Security Forces and the 20th anniversary of the All-People Security Safeguard Festival. 2. BILLION DOLLAR MARITIME EXPANSION PLAN - VIETNAMPLUS Vietnam needs about RM59 billion (US$14 billion) to develop its seaport infrastructure by 2030. Construction of ports, wharves and buoys will be part of the major maritime expansion master plan. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial
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Young entrepreneurs to play vital role in economic transformation
ACCCIM president Datuk Ng Yih Pyng KUALA LUMPUR: Youth entrepreneurs are set to play a central role in the country's economic transformation as it positions itself within a rapidly changing Asean landscape, says the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM). President Datuk Ng Yih Pyng said young business leaders are not only the backbone of national transformation, but also central to strengthening Malaysia's standing in regional and global markets. 'When the youth prosper, the country prospers; when the youth are strong, the country is strong,' he said during his speech at the 14th ACCCIM Young Entrepreneurs Conference 2025 last Friday. Ng highlighted that Asean's demographic strength represents both a large consumer base and a pool of entrepreneurial talent. 'Asean boasts nearly 700 million people, half of whom are under the age of 30. This represents a rising, young market with tremendous potential,' he said. He added Malaysia was now at a critical stage of economic transformation and industrial upgrading, guided by the 13th Malaysia Plan (13MP). 'The plan's focus on high-value-added sectors, digital transformation and artificial intelligence will help local companies move from contract manufacturing to their own brands, enhancing overall competitiveness and position in the value chain,' Ng said. He called on the government to ensure that foreign investment contributes directly to local growth. 'We recommend incorporating the principle of local priority into regulatory policies. This includes promoting technology transfer, talent training, sourcing local materials and increasing small and medium enterprises participation,' he said. Deputy Investment, Trade and Industry Minister Liew Chin Tong, who also attended the event, said Malaysia and its regional peers must adapt to changes in global supply chains. 'Businesses have begun to accept that the world is no longer a single supply chain. It is likely to be a multi-regional supply chain,' he said. Liew added Asean's ability to develop a stronger middle class would determine the region's long-term sustainability. 'If Asean can replicate China's experience in growing its middle class, then the region itself would become a significant market,' he said. Meanwhile, ACCCIM Young Entrepreneurs Committee chairman Leon Lee said young entrepreneurs are vital in linking local businesses with opportunities in Asean and beyond. 'Young entrepreneurs are the backbone of national transformation, and your steps will determine the direction of our future,' he said. To support this, ACCCIM has introduced regional exchange programmes and partnerships to help local businesses expand and build stronger ties in the region. This year's conference, themed 'Rooted in Asean, Radiating Globally', provided a platform for young entrepreneurs to connect with global peers and share insights.
The Star
16 hours ago
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Uncertainties over US interest rates will likely see the ringgit trade around RM4.20-4.22 this week
KUALA LUMPUR (Bernama): The ringgit is expected to hover between RM4.20 and RM4.22 this week as traders and investors remain cautious over the trajectory of US interest rates. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the release of the US Federal Open Market Committee (FOMC) meeting minutes next Thursday, Aug 20 (Wednesday, Aug 19, in the US) could offer more clarity on the state of the US economy, particularly after two FOMC members dissented from the recent decision and favoured a 25-basis-point rate cut. Meanwhile, Kenanga Investment Bank Bhd said that markets continued to swing between two and three US Federal Reserve (Fed) cuts over the past few weeks. "We maintain our base case for two, underpinned by evidence that firms are absorbing tariff costs, a trend that is unsustainable and likely to squeeze margins,' it said in a research note. Moreover, the investment bank said further easing would require either a major deterioration in the next jobs report or a significantly dovish tone from Fed chair Jerome Powell. "Hence, we expect the ringgit to range around RM4.22 to RM4.23 against the greenback in the near term,' it added. On Thursday, the ringgit appreciated to the 4.18 level against the US dollar, its strongest level in more than six weeks. The last time it reached a similar high was on July 1, when it hit 4.1805. Meanwhile, on a Friday-to-Friday basis, the ringgit ended the week higher against the greenback, closing at 4.2085/2155 versus 4.2420/2480 previously. The local note traded mostly higher against a basket of major currencies. The ringgit appreciated vis-à-vis the Japanese yen to 2.8653/8702 from 2.8720/8763 the previous week and rose versus the euro to 4.9185/9267 from 4.9381/9451, but declined against the British pound to 5.7050/7145 from 5.7034/7114 The ringgit also trended firmer against Asean currencies. The local note improved against the Singapore dollar to 3.2820/2877 from 3.3014/3064 at the end of last week, inched up versus the Thai baht to 12.9760/13.0032 from 13.1173/1419, gained versus the Indonesian rupiah to 260.2/260.8 from 260.3/260.8 and strengthened against the Philippine peso to 7.37/7.39 from 7.43/7.44 in the preceding week. - Bernama
