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Join us on the new DiggFollow us on TwitterFollow us on Facebook Southeast Asia News Feed

Friday 18th May, 2012

    • Burma's central bank aims for weaker currency

    West Australian

    NAYPYITAW, Myanmar (Reuters) - Myanmar's central bank wants to weaken its newly floated currency and prevent further rises that could derail reforms to its economy, a deputy central bank ...

    • Vietnam passenger bus crash kills 34, dozens injured

    West Australian

    HANOI (Reuters) - A passenger bus plunged into a river in Vietnam's Central Highlands at night killing 34 people and injuring at least 25 others, state-run newspapers reported on Friday.The bus ...

    • 6.2-magnitude quake strikes far off Chile's coast

    The Jakarta Post

    A strong 6.2-magnitude earthquake has struck off Chile's southern coast, but the authorities say it wasn't felt on land and discounted the possibility of a tsunami.The U.S. Geological ...

  • Filipino Christian group protests Lady Gaga shows

    The Jakarta Post

    About 70 Christian youths in the Philippines have chanted "Stop the Lady Gaga concerts" at a rally calling for the singer's shows in Manila next week to be canceled.Members of a group ...

  • Main Bangladesh airport set for upgrade in 2 months

    The Jakarta Post

    Work for upgrading Bangladesh's main airport - Shahjalal International Airport - will start in a couple of months with Danish funds, but it will leave out some vital parts of the original ...

  • 34 killed, 20 wounded in Vietnam bus crash: Police

    The Straits Times

    HANOI (AFP) - Thirty-four people were killed and 20 injured - some seriously - after a bus overturned, ploughed off a bridge and crashed into a river in central Vietnam, traffic police said. The ...

  • Reports: Bidding Deadline For ING's Asian Life-insurance Arm On Friday

    RTT News

    News ) Asian life-insurance arm in a bidding war that is expected to bring in a windfall for ING, according to media reports on Thursday. The last day to submit first round bids for the auction is ...

  • Sri Lanka Urges Nationals to Return Home

    Prensa Latina

    Colombo, May 18 (Prensa Latina) Sri Lanka has announced a new plan of dual citizenship aimed at encouraging their nationals settled abroad to return home. Called "Sri Lankiness abroad", ...

  • Sri Lanka - IFJ disappointed by Supreme Court decision on Internet restrictions

    IFEX

    (IFJ/IFEX) - May 17, 2012 - The International Federation of Journalists (IFJ) joins its partner organisations in Sri Lanka in expressing disappointment at yesterday's decision by a three-member ...

  • Malaysia - Media freedom is far from assured, open letter tells prime minister

    IFEX

    Franais (RSF/IFEX) - 15 May 2012 - Reporters Without Borders has written an open letter to Prime Minister Najib Razak urging him to guarantee press freedom in Malaysia, where the media are exposed ...

  • India's centre-state ties lesson for federal Nepal

    Asia News Network

    The India tour of US Secretary of State Hillary Clinton earlier this week again triggered a flurry of discussions on centre-state relationship and unprecedented influence of regional forces in New ...

  • Pakistan president ready to leave for Nato summit

    Asia News Network

    As Thursday inched towards midnight, President Asif Ali Zardari prepared to leave for his much anticipated US trip to participate in the Nato summit only with an agreement in principle on reopening ...

  • Philippines 'willing to share' Spratlys bounty

    Asia News Network

    Philippine President Benigno Aquino III is willing to share with other countries in the region the benefits of the natural gas deposits in the disputed territories in the West Philippine Sea. But he ...

  • Laos' 2011 visitor numbers slip below target

    Asia News Network

    The year 2011 was not a remarkable year for Lao tourism because the total number of tourists increased by only 8 per cent over 2010, according to the latest report from the Ministry of Information, ...

  • Malaysia to scrap disembarkation card for foreigners

    Asia News Network

    Beginning June 1, foreign visitors to Malaysia are no longer required to fill in the immigration disembarkation card, commonly known as the IMM.26 ...

  • Pakistan signs regional power supply agreement

    Asia News Network

    Pakistan, Afghanistan, Tajikistan and the Kyrgyz Republic yesterday signed a protocol for the early completion of a regional electricity transmission project for which Russia has offered a financing ...

  • Controversial Thailand dam to be ready by 2016

    Asia News Network

    The Mae Wong Dam project in Nakhon Sawan, western Thailand will be completed in 2016, Agriculture minister Theera Wongsamut told a House meeting ...

  • Myanmar president feeling ill, resting at home

    The Seattle Times

    Myanmar's President Thein Sein was resting at his home in Yangon after military doctors paid a house call but gave no details about what was ailing the 67-year-old ...

  • Philippines stops protest trip to shoal disputed with China

    Inquirer

    Nicanor Faeldon. INQUIRER FILE PHOTO MASINLOC, Philippines–Philippine President Benigno Aquino told protesters to abort their plan to sail Friday to a disputed South China Sea shoal also ...

  • India Ink: Thousands of Myanmar Rohingyas Struggle for Refugee Status in India

    New York Times

    A family that belongs to the ethnic Rohingya community from Myanmar gathered at a makeshift camp in New Delhi on May 14, 2012.  Since descending upon New Delhi more than a month ago, ...

  • 34 die in Vietnam bus plunge

    News.com.au

    The bus smashed through the rails of a bridge last night and hit the bank of the Serepok River about 18 metres below, according to local official Tran Bao Que.The bus had been travelling from the ...

  • Bus plunges into Vietnam river bank; 34 killed

    USA Today

    Local official Tran Bao Que says the bus smashed through the rails of a bridge Thursday night and plunged into the bank of the Serepok River about 18 meters (60 feet) below. The bus was traveling on ...

  • Myanmar President Thein Sein not feeling well, officials say; 67-year-old has heart condition

    Fox News

    YANGON, Myanmar – Myanmar's President Thein Sein was resting at his home in Yangon after military doctors paid a house call but gave no details about what was ailing the 67-year-old ...

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Southeast Asia's growing prominence in world trade


Southeast Asia's growing prominence in world trade

Southeast Asia has been, for many centuries, a major part of world trade and the recent recession has not hampered this position as the region is recovering much faster than many more developed countries.

Southeast Asia, although geographically large, covering an area of around 5 million square miles, is comparatively small economically in relation to the number of people that inhabit the area. The Southeast Asian region is home to over 500 million people and yet the region’s GDP is just US$1.5 trillion, or around US$2,500 per person annually.

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