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☆ 'Haze cannot be the norm': Malaysia urges Indonesia to take action
▼ + stars: | 2023-10-05 | by ( Danial Azhar | ) www.reuters.com time to read: +2 min

KUALA LUMPUR, Oct 5 (Reuters) - Malaysia called on neighbour Indonesia and a grouping of Southeast Asian nations to take action as air quality worsens across the country due to fires in Indonesia, its environment minister told Reuters on Thursday. Air quality has hit unhealthy levels in several parts of Malaysia in recent days, with Kuala Lumpur blaming fires in Indonesia -- though Jakarta has denied detecting any smoke drifting over its borders into Malaysia. Fires that sent haze billowing across the region in 2015 and 2019 burned millions of hectares of land and produced record-breaking emissions, according to scientists. He called for joint action by the Association of Southeast Asian Nations (ASEAN) either through legislation or agreement to prevent the yearly haze. He said Malaysia was still "seriously" considering a law similar to Singapore that holds companies liable for air pollution.

Persons: Nik Nazmi Nik Ahmad, polluters, Danial Azhar, Kanupriya Kapoor Organizations: Association of Southeast Asian Nations, ASEAN, Thomson Locations: KUALA LUMPUR, Malaysia, Indonesia, Kuala Lumpur, Jakarta, Indonesian, Malaysian, Singapore

☆ 'Haze Cannot Be the Norm': Malaysia Urges Indonesia to Take Action
▼ + stars: | 2023-10-05 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

By Danial AzharKUALA LUMPUR (Reuters) - Malaysia called on neighbour Indonesia and a grouping of Southeast Asian nations to take action as air quality worsens across the country due to fires in Indonesia, its environment minister told Reuters on Thursday. Air quality has hit unhealthy levels in several parts of Malaysia in recent days, with Kuala Lumpur blaming fires in Indonesia -- though Jakarta has denied detecting any smoke drifting over its borders into Malaysia. Fires that sent haze billowing across the region in 2015 and 2019 burned millions of hectares of land and produced record-breaking emissions, according to scientists. He called for joint action by the Association of Southeast Asian Nations (ASEAN) either through legislation or agreement to prevent the yearly haze. He said Malaysia was still "seriously" considering a law similar to Singapore that holds companies liable for air pollution.

Persons: Nik Nazmi Nik Ahmad, polluters, Danial Azhar, Kanupriya Kapoor Organizations: Azhar KUALA LUMPUR, Reuters, Association of Southeast Asian Nations, ASEAN Locations: Azhar KUALA, Malaysia, Indonesia, Kuala Lumpur, Jakarta, Indonesian, Malaysian, Singapore

☆ Maybank discusses the 'interesting' areas in Southeast Asian markets
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaybank discusses the 'interesting' areas in Southeast Asian marketsAnand Pathmakanthan of Maybank Investment Banking Group says ASEAN will "remain very interesting" for small- and mid-cap stock pickers and names the sectors that will be least affected by external headwinds.

Persons: Maybank, Anand Pathmakanthan Organizations: Maybank Investment Banking Group, ASEAN

☆ Australia PM rallies support for Indigenous referendum as early voting starts
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +2 min

BAGUS INDAHONO/Pool via REUTERS/File Photo Acquire Licensing RightsSYDNEY, Oct 2 (Reuters) - Australian Prime Minister Anthony Albanese said on Monday he would focus on having one-on-one conversations with Australians to rally support for the Indigenous referendum, as early voting began in some parts of the country. In a landmark referendum, Australians will decide on Oct. 14 whether to approve altering the constitution to enshrine an Indigenous advisory body called the "Voice to Parliament" that can give advice on matters that affect Aboriginal and Torres Strait Islander people. The proposal, backed by Albanese's Labor government, has been struggling to get majority support with recent opinion polls showing voters will reject it. In a bid to mobilise support, Albanese said if Australians are focused on what the question is from the referendum amid the distractions, they will vote yes, and there is nothing to fear from this campaign. Early voting on the referendum in New South Wales and Australian Capital Territory will begin on Tuesday.

Persons: Anthony Albanese, Joko Widodo, BAGUS, Albanese, Stella Qiu, Lincoln Organizations: Australia's, 43rd Association of Southeast Asian Nations, ASEAN, Rights, Australian, Torres Strait, Albanese's Labor, Aboriginal, Australian Capital, Thomson Locations: Jakarta, Indonesia, Melbourne, New South Wales, Australian Capital Territory

BAY ISMOYO/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 29 (Reuters) - Indian Foreign Minister Subrahmanyam Jaishankar said on Friday there was a "climate of violence" and an "atmosphere of intimidation" against Indian diplomats in Canada, where the presence of Sikh separatist groups has frustrated New Delhi. "Because there is freedom of speech, to make threats and intimidate diplomats, I don't think that's acceptable," Jaishankar told reporters on Friday evening in Washington. Canada is home to an influential Sikh community, and Indian leaders say some fringe groups there remain sympathetic to the cause of an independent Sikh state. The insurgency killed tens of thousands of people and the Khalistan movement is considered a security threat by the Indian government. Indian Prime Minister Indira Gandhi was assassinated in 1984 by two Sikh bodyguards after she allowed the storming of the holiest Sikh temple, aimed at flushing out Sikh separatists.

Persons: Subrahmanyam Jaishankar, Jaishankar, Justin Trudeau, Hardeep Singh Nijjar, Trudeau, Indira Gandhi, Kanishka Singh, Leslie Adler Organizations: India's, Association of Southeast Asian Nations, ASEAN, India, ASEAN Foreign Ministers, Rights, Indian, Washington . Relations, Canadian, Air, Air India Boeing, Thomson Locations: Jakarta, Canada, New Delhi, Washington, India, Punjab, Air India

☆ Exclusive: Timor president says China military cooperation 'never discussed'
▼ + stars: | 2023-09-29 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

The agreement also provided scope for funding from China including government and commercial loans to East Timor, he said. Some Australian politicians expressed concern after China's state media reported on Saturday that Beijing's agreement with East Timor, around 700km (450 miles) north-west of Australia, also covered military exchanges. "It was never discussed in terms of military cooperation, never discussed, and the Chinese side also never raised this issue," Ramos-Horta said. East Timor, also known as Timor Leste, aims to join the Southeast Asian regional bloc ASEAN by 2025 as it seeks to reduce high poverty rates. Australia has appointed an envoy to speed up negotiations between East Timor and Woodside; Gusmao's government wants gas to be piped to East Timor and not Australia.

Persons: Jose Ramos, Caitlin Ochs, Horta, Xanana Gusmao, Xi Jinping, heightening, Ramos, Kirsty Needham, Lincoln, 私 Organizations: Sustainable, United Nations, REUTERS, Rights, East, Reuters, Southeast, ASEAN, Canberra, Woodside Energy, Greater Sunrise, Greater, Australia, UN's, Fund for Agricultural Development, Global Citizen, Pacific Locations: Horta, Timor, New York City , New York, U.S, East Timor, China, Australia, Indonesia, Canberra, Solomon Islands, 2,000km, Timor Leste, ASEAN, Singapore, Malaysia, East Timor's, Dili, Greater Sunrise, Southeast Asia, Woodside, United States, New York

☆ Exclusive: East Timor president says China military cooperation was 'never discussed'
▼ + stars: | 2023-09-29 | by ( Kirsty Needham | ) www.reuters.com time to read: +5 min

The agreement also provided scope for funding from China including government and commercial loans to East Timor, he said. "It was never discussed in terms of military cooperation, never discussed, and the Chinese side also never raised this issue," Ramos-Horta said. East Timor, also known as Timor Leste, aims to join the Southeast Asian regional bloc ASEAN by 2025 as it seeks to reduce high poverty rates. Australia has appointed an envoy to speed up negotiations between East Timor and Woodside; Gusmao's government wants gas to be piped to East Timor and not Australia. Australia's relationship with East Timor is "stronger than at any time in the last decade", Australia's Department of Foreign Affairs said in a statement.

Persons: Jose Ramos, Caitlin Ochs, Horta, Xanana Gusmao, Xi Jinping, heightening, Ramos, Kirsty Needham, Lincoln Organizations: Sustainable, United Nations, REUTERS, Rights, East, Reuters, Southeast, ASEAN, Canberra, Woodside Energy, Greater Sunrise, Greater, Australia, UN's, Fund for Agricultural Development, Global Citizen, Pacific, Australia's Department of Foreign Affairs, Thomson Locations: Horta, Timor, New York City , New York, U.S, East Timor, China, Australia, Indonesia, Canberra, Solomon Islands, 2,000km, Timor Leste, ASEAN, Singapore, Malaysia, East Timor's, Dili, Greater Sunrise, Southeast Asia, Woodside, New York

☆ India told Canada it is open to looking into specific information on Sikh separatist killing -Jaishankar
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

India's Foreign Minister Subrahmanyam Jaishankar looks on as he delivers his speech in the Association of Southeast Asian Nations (ASEAN) Post Ministerial Conference with India during the ASEAN Foreign Ministers' meeting in Jakarta, on July 13, 2023, where Myanmar's seat was left empty. BAY ISMOYO/Pool via REUTERS REFILE - QUALITY REPEAT Acquire Licensing RightsWASHINGTON, Sept 26 (Reuters) - India's foreign minister, Subrahmanyam Jaishankar, said on Tuesday that India has told Canada it was open to looking into any specific information it provides on the killing of Sikh separatist Hardeep Singh Nijjar. Speaking at a Council on Foreign Relations event, Jaishankar said India had told Canada, "This is not the government of India's policy," after Canadian Prime Minister Justin Trudeau said last week that Canada was pursuing "credible allegations" that Indian government agents may be linked to the killing. Reporting by Simon Lewis and David Brunnstrom; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Subrahmanyam Jaishankar, Hardeep Singh, Jaishankar, Justin Trudeau, Simon Lewis, David Brunnstrom, Leslie Adler Organizations: India's, Association of Southeast Asian Nations, ASEAN, India, ASEAN Foreign Ministers, REUTERS, Rights, Foreign Relations, Canada, Canadian, Thomson Locations: Jakarta, India, Canada

☆ This ASEAN nation is likely to have accelerated growth despite regional slowdown: HSBC
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis ASEAN nation is likely to have accelerated growth despite regional slowdown: HSBCYun Liu of HSBC lays out the risks and opportunities for ASEAN's economic growth. She also says foreign direct investments in the region has remained quite strong.

Persons: HSBC Yun Liu Organizations: HSBC

Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. Despite inflation in Thailand edging up slightly to 0.88% in August, it remained below the central bank's 1-3% target range for a fourth consecutive month, suggesting little need for the Bank of Thailand (BOT) to continue hiking. A strong majority of economists in a Sept. 18-22 poll, 21 of 27, expected the BOT to keep its benchmark one-day repurchase rate (THCBIR=ECI) at 2.25% on Wednesday. None expected the central bank to raise interest rates at the following meeting in November. Median forecasts showed interest rates remaining at 2.25% through next year.

Persons: Jorge Silva, Sethaput Suthiwartnarueput, Lavanya Venkateswaran, Aris, Anant Chandak, Susobhan Sarkar, Devayani Sathyan, Jonathan Cable, Kim Coghill Organizations: Bank of, REUTERS, Bank of Thailand, Aris Dacanay, HSBC, Thomson Locations: Bank of Thailand, Bangkok, Thailand, BENGALURU, China, ASEAN

☆ Indonesia's EV ambitions could help boost investments in the rest of Southeast Asia
▼ + stars: | 2023-09-25 | by ( Quek Jie Ann | ) www.cnbc.com time to read: +1 min

Korean automobile manufacturer Kia displays the electric vehicle "EV6 GT-Line" during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Indonesia's EV-friendly policies have lured global investors to the country, but experts say they could also boost investments in Southeast Asia's automotive industry more broadly. Indonesia could be the "gateway" to the rest of the Association of Southeast Asian Nations, said Anindya Novyan Bakrie, CEO and president director of Bakrie & Brothers, an Indonesian conglomerate whose electric vehicle unit VKTR manufactures electric buses as well as EV parts. The Southeast Asian country is rich in copper, nickel, cobalt and bauxite — materials essential for the manufacturing of electric vehicle batteries. Indonesia is the largest nickel exporter, accounting for 22% of the world's reserves, according to a report by the ASEAN Briefing.

Persons: Anindya Novyan Bakrie, Tesla Organizations: Kia, Indonesia's, Association of Southeast Asian Nations, Bakrie, Brothers, ASEAN, BMI Fitch Solutions, CNBC Locations: Indonesia, Tangerang, Indonesian

☆ Indonesia may issue regulation on use of social media as e-commerce platform this week - president
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +1 min

Indonesian President Joko Widodo speaks during a news conference after the closing of the 43rd ASEAN Summit in Jakarta, Indonesia, September 7, 2023. REUTERS/Willy Kurniawan/File photo Acquire Licensing RightsJAKARTA, Sept 25 (Reuters) - Indonesia may on Tuesday issue a regulation on the use of social media to sell goods in the country, President Joko Widodo said, a move intended to quell threats to offline markets in Southeast Asia's biggest economy. Ministers have repeatedly said that e-commerce sellers using predatory pricing on social media platforms are threatening offline markets in Indonesia, with some officials specifically citing the video platform TikTok as an example. "We just...decided on the use of social media for e-commerce. Tomorrow it will perhaps come out," the president, who is commonly known as Jokowi, said in a streamed video address on Monday.

Persons: Joko Widodo, Willy Kurniawan, Jokowi, Ananda Teresia, Stanley Widianto, Kanupriya Kapoor Organizations: 43rd ASEAN Summit, REUTERS, Rights, Ministers, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, Asia's

These include power plants built by industrial firms such as nickel smelters for their own consumption. Under JETP, Indonesia is committed to cap and peak power sector's carbon emissions at 290 million metric tons by 2030. How does Indonesia plan to deploy JETP funds? Indonesia also wants JETP to finance the early retirement of some of its coal power plants, however some banks are reluctant to finance these early retirement for fear of being seen as financing coal projects. Indonesia is also considering expanding the green label to loans for coal power plants used by industries that make products considered sustainable, such as batteries for electric vehicles (EV).

Persons: JETP, Quoc Khanh, Tran Hong Ha, Fransiska Nangoy, Khanh Vu, Florence Tan Organizations: Association of Southeast Asian Nations, Natural Resources, Deputy, EV, Marine Spatial, Thomson Locations: JAKARTA, HANOI, Indonesia, South Africa, Vietnam, INDONESIA Indonesia, JETP, VIETNAM

☆ Malaysia PM says China gave reassurance after map stirred South China Sea dispute
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Malaysia's Prime Minister Anwar Ibrahim attends the 26th ASEAN-China Summit at the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. Malaysia and several other Southeast Asian countries have rejected the map. Anwar said Malaysia remained concerned over escalating tensions as China sought to assert its sovereignty claims over Taiwan, adding that both parties needed to avoid "unnecessary provocations" that can affect the region. Anwar also addressed doubts raised over his commitment to democratic reforms, after his government dropped corruption cases against key allies, filed sedition charges against opposition leaders, and increased scrutiny of Malaysia's LGBTQ community. "I wouldn't defend that actually, they were as you say, excesses, but... there is a consensus in the country, they do not accept (LGBTQ rights)," Anwar said.

Persons: Anwar Ibrahim, Yasuyoshi, Anwar, Li Qiang, Li, Christiane Amanpour, Malaysia's, Swatch's, Rozanna Latiff, Simon Cameron, Moore Organizations: Malaysia's, China, ASEAN Summit, Malaysia, CNN, Swatch, Thomson Locations: ASEAN, Jakarta, Indonesia, KUALA LUMPUR, China, South China, Beijing, Malaysia, Taiwan

☆ China, resource-rich East Timor upgrade bilateral ties
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +3 min

He said he would continue to foster a relationship with the United States, but added that East Timor would not be implicated in any rivalry between Beijing and Washington. East Timor welcomes strong ties with all countries, including its southern neighbour Australia, Ramos-Horta said last year. Upgrading their ties, China and East Timor agreed to cooperation under the Belt and Road Initiative championed by Xi, that could open the way for investment in infrastructure. China sent its military-run hospital ship to the Pacific in July to visit countries including East Timor and the Solomon islands. In a joint declaration, released on state run China Central Television (CCTV) on Saturday, China said it would provide help for East Timor's economic and societal development.

Persons: Xanana Gusmao, Mast, Xi Jinping, Jose Ramos, Ramos, Horta, Xi, Albee Zhang, Ryan Woo, Simon Cameron, Moore Organizations: Timor's, 43rd Association of Southeast Asian Nations, ASEAN, Rights, East Timor's, Asian Games, East, Washington . East Timor, Initiative, Pacific, China Central Television, Greater, Thomson Locations: Jakarta, Indonesia, Rights BEIJING, China, East Timor, Beijing, Hangzhou, Horta, United States, Timor, Washington . East, Australia, Southeast Asia, New Zealand, Solomon, Greater Sunrise

☆ Analysis: South Korea's Yoon rails against domestic critics as ‘communists’
▼ + stars: | 2023-09-22 | by ( Hyunsu Yim | ) www.reuters.com time to read: +5 min

[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. In South Korea, the label of communist carries higher stakes than in many Western democracies with the ongoing threat from ostensibly communist North Korea and Cold War-era laws that effectively ban activities deemed related to communism. “There is a legitimacy problem for Yoon in the sense that the gap between popular opinion in South Korea and what is being pursued internationally is increasing," Gray said. In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week.

Persons: Yoon Suk, yeol, Tatan, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Hyunsu Yim, Josh Smith, Lincoln Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, Rights, U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul

U.S. Vice President Kamala Harris attends the 11th ASEAN-U.S. YASUYOSHI CHIBA/Pool via REUTERS/File photo Acquire Licensing RightsSept 21 (Reuters) - The Biden administration on Thursday announced plans to remove medical bills from Americans' credit reports in a push to end what it called coercive debt collection tactics that affect millions of consumers. Harris told reporters that more than 100 million Americans had unpaid medical debt. For instance, 27% of Black households hold medical debt compared with 16.8% of non-Black households. According to the CFPB, the Fair Credit Reporting Act restricts the use of medical information in credit decisions and credit reports.

Persons: Kamala Harris, YASUYOSHI, Biden, Rohit Chopra, Harris, CFPB, Andrea Shalal, Douglas Gillison, Leslie Adler, Marguerita Choy Organizations: ASEAN, U.S, Summit, ASEAN Summit, Consumer Financial Protection Bureau, Brookings Institution, Thomson Locations: Jakarta, Indonesia

☆ South Korea's Yoon tells UN that Russia helping North Korea would be 'direct provocation'
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +3 min

South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. A South Korean presidential aide rejected this, saying South Korea had been "watching military transactions take place for several months prior to the summit" between Kim and Putin. On Wednesday, Kremlin spokesman Dmitry Peskov said Russia wants to expand ties with North Korea in all possible areas. On Tuesday, South Korea's vice foreign minister, Chang Ho-jin, summoned Russia's ambassador to urge Moscow to abandon any potential arms deals with North Korea, warning of "clear consequences." The South Korean presidential aide said discussions were underway with the United States and other countries to impose more sanctions on Russia and North Korea.

Persons: Yoon Suk, yeol, Tatan, Yoon Suk Yeol, Yoon, Kim Jong Un, Vladimir Putin, Putin, Kim, Dmitry Peskov, Chang Ho, Hyonhee Shin, David Brunnstrom, Grant McCool Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, UNITED NATIONS, General Assembly, . Security, ., Security, North, South Korean, Thomson Locations: Jakarta, Indonesia, SEOUL, Russia, North Korea, Ukraine, Seoul, South Korea, Pyongyang, Washington, Republic of Korea, Korean, Moscow, United States

☆ ASEAN kicks off its first-ever joint military drills in Indonesia
▼ + stars: | 2023-09-19 | by ( Yuddy Cahya Budiman | ) www.reuters.com time to read: +2 min

[1/2] Indonesian soldiers attend the opening ceremony of a joint-military drills ASEAN Solidarity Exercise at Batu Ampar port on Batam island, Indonesia, September 19, 2023, in this photo taken by Antara Foto. Antara Foto/Teguh Prihatna/ via REUTERS Acquire Licensing RightsBATAM, Indonesia, Sept 19 (Reuters) - Units from the countries of ASEAN began their first ever joint military drills in Indonesia's South Natuna Sea amid rising geopolitical tensions between major powers and protests against China's activities in the South China Sea. The training is more about social activities," Yudo Margono, Indonesia's military chief, told reporters after the opening ceremony on the Indonesian island of Batam on Tuesday. The exercises were originally set to take place in the southernmost waters of the South China Sea, which are also claimed by Beijing. ASEAN has been discussing a Code of Conduct on the South China Sea for more than twenty years with little progress to date.

Persons: Antara, Ferdinand Marcos, Indonesia's Margono, Ananda Teresia, Christian Schmollinger Organizations: ASEAN, REUTERS Acquire, Association of Southeast Asian Nations, East, ASEAN Summit, Thomson Locations: Batu Ampar, Indonesia, South Natuna, South China, East Timor, Indonesian, Batam, Beijing, The Philippines, Malaysia, Taiwan, Vietnam, Jakarta, Philippine, Philippines, ASEAN

☆ IISS discusses ASEAN's joint military drills in the South China Sea
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASEAN's first joint military drills in South China Sea signal relevance as strategic player: AnalystLynn Kuok, senior fellow for Asia-Pacific security at the International Institute for Strategic Studies, discusses ASEAN's first joint military exercises in the South China Sea this week amid concerns over Beijing.

Persons: Lynn Kuok Organizations: International Institute for Strategic Studies Locations: South China, Asia, Pacific, Beijing

☆ Analysis-More SE Asia firms consider U.S. IPOs, filling void left by China peers
▼ + stars: | 2023-09-18 | by ( Yantoultra Ngui | Scott Murdoch | ) www.reuters.com time to read: +5 min

“These factors have enabled some of their ASEAN rivals to step out into the spotlight.”ASEAN, the 10-member Association of Southeast Asian Nations, includes Thailand, Singapore, Malaysia and Vietnam. For investors seeking emerging market exposure, Southeast Asia fits the bill, because of the region’s strong economic growth and increasing population, analysts say. Some Southeast Asia companies seeking listings in the U.S. look to raise between $300 million and $1 billion, with valuations ranging from $1.5 billion to $8 billion, bankers said, without naming any firms. “International investors are seeing the value of portfolio diversification that Southeast Asia provides,” Tay added. The expected pickup in Southeast Asian listings, however, could get derailed by share volatility and stringent investor scrutiny, analysts say.

Persons: ”, Leif Schneider, Sunil Khaitan, Kelvin Teo, Andrew Lim, Tay Hwee Ling, ” Tay, Anuruk Karoonyavanich Organizations: Nasdaq, REUTERS, Gushcloud International, Sunday, Reuters, VNG Corp, ASEAN, Association of Southeast Asian Nations, Carsome, Southeast, Bank, America’s, “, U.S ., ’, Companies, Deloitte, “ International, DBS Locations: SINGAPORE, SYDNEY, United States, New York City, U.S, Singapore, New York, Philippine, Washington, Beijing, Vietnam, Thailand, Malaysia, Asia, Indonesia, Southeast, Southeast Asia, China

ASEAN, the 10-member Association of Southeast Asian Nations, includes Thailand, Singapore, Malaysia and Vietnam. For investors seeking emerging market exposure, Southeast Asia fits the bill, because of the region's strong economic growth and increasing population, analysts say. Some Southeast Asia companies seeking listings in the U.S. look to raise between $300 million and $1 billion, with valuations ranging from $1.5 billion to $8 billion, bankers said, without naming any firms. "International investors are seeing the value of portfolio diversification that Southeast Asia provides," Tay added. The expected pickup in Southeast Asian listings, however, could get derailed by share volatility and stringent investor scrutiny, analysts say.

Persons: DoubleDragon, Leif Schneider, Sunil Khaitan, Kelvin Teo, Andrew Lim, Tay Hwee Ling, Tay, Anuruk Karoonyavanich, Yantoultra Ngui, Scott Murdoch, Sumeet Chatterjee, Miral Organizations: Nasdaq, REUTERS, U.S, IPOs, Gushcloud International, Sunday, Reuters, VNG Corp, ASEAN, Association of Southeast Asian Nations, Carsome, Southeast, Bank, America's, U.S ., Deloitte, International, DBS, Thomson Locations: New York City, U.S, Asia, SINGAPORE, SYDNEY, United States, Singapore, New York, Philippine, Washington, Beijing, Vietnam, Thailand, Malaysia, Indonesia, Southeast, Southeast Asia, China, Sydney

Malaysia's Prime Minister Anwar Ibrahim attends the 26th ASEAN-China Summit at the 43rd ASEAN Summit in Jakarta, Indonesia, on September 6, 2023. Hassan Karim, a lawmaker from Anwar's People's Justice Party, said he felt "let down" by the premier, whom he described as a close friend. The AGC has said it dropped charges against Ahmad Zahid to review new evidence, and reiterated that its decisions were made independently. On Saturday, around 1,000 people turned up at a protest in Kuala Lumpur organised by Malaysia's opposition, calling for Ahmad Zahid to be prosecuted and chanting "reforms are dead." Najib has sought a royal pardon over his conviction and requested other charges that he faces to be reviewed.

Persons: Anwar Ibrahim, Yasuyoshi, Anwar Ibrahim's, Anwar, Ahmad Zahid Hamidi, Najib Razak, Hassan Karim, Ahmad Zahid, Najib, MUDA, Syed Saddiq Syed Abdul Rahman, Syed Ibrahim Syed Noh, Ahmad Zahid's, Wong Chin Huat, Wong, Rozanna Latiff, Danial Azhar, Hasnoor Hussain, Kim Coghill Organizations: Malaysia's, China, ASEAN Summit, 1Malaysia Development, People's Justice Party, Reuters, United Malays National Organisation, Malaysia's Sunway University, Thomson Locations: ASEAN, Jakarta, Indonesia, KUALA LUMPUR, Malaysia, Kuala Lumpur

☆ Leaders in Southeast Asia say they want to be friends with both the U.S. and China
▼ + stars: | 2023-09-15 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +1 min

"All the countries in Southeast Asia, including Singapore, are friends with both China and the US. We have close links with both countries and we want to maintain those links," said Singapore's Deputy Prime Minister Lawrence Wong. But that consensus is over," Wong said Wednesday at the 10th Milken Institute Asia Summit in Singapore. "This idea where you have to be either with China or the United States? "We, as ASEAN, have a role to play in engaging both U.S. and China, and we appeal to them to reduce tensions."

Persons: Joe Biden, Xi Jinping, Lawrence Wong, Wong, Anwar Ibrahim, Anwar Organizations: SINGAPORE —, Milken, Milken Institute Asia Summit, Malaysia's, ASEAN Locations: Nusa Dua, Bali, SINGAPORE, SINGAPORE — The U.S, China, Southeast Asia, Singapore, United States, Malaysia

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