VN inaugurates “would-be” biggest port

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/VN-inaugurates-would-be-biggest-port-30281180.html

Viet Nam News
HOME AEC AEC NEWS WED, 9 MAR, 2016 6:02 PM

HANOI – The Cam Ranh International Port in the central coastal province of Khanh Hoa was inaugurated at a ceremony yesterday.

Speaking at the function, President Truonng Tan Sang hailed the Saigon Newport Corporation and the Vietnam Oil and Gas Group (PetroVietnam) for completing the first phase of this important project.

The President stressed on the strategic and potential location of the port while noting Vietnam’s long coastline of more than 3,200 kilometres.

“The inauguration of the port will not only support nation building and its protection but also make it one of Vietnam’s leading deep-sea ports and supply service areas,” he said.

He urged the Saigon Newport Corporation to step up the implementation of the second phase of the project, ensuring its progress and quality.

Once completed, Cam Ranh International Port, with an investment of 2 trillion Vietnamese dong (nearly US$89 million), is expected to become the biggest port in Vietnam in terms of wharf length, which could handle 18 ships at one time and accommodate ships of up to 110,000 DWT.

It is capable of receiving 185 ships each year, and is designed to protect ships against 8-level wind and storms.

The port will serve both civilian and military vessels.

Cam Ranh Bay holds a strategic position in the East Sea due to its proximity to international navigation routes and Hoang Sa (Paracel) and Truong Sa (Spratly) Archipelagos, as well as to the oil and gas areas in the south-east continental shelf of Vietnam.

PH millennials carry more debts than their older peers

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/PH-millennials-carry-more-debts-than-their-older-p-30281163.html

Doris Dumlao-Abadilla
Philippine Daily Inquirer
HOME AEC AEC NEWS WED, 9 MAR, 2016 5:34 PM

MANILA – Filipino investors are among the best in the region when it comes to saving and tracking expenses but a significant portion – mostly the millennials or young adults – are at risk of being debt-strapped, based on the latest Manulife Investor Sentiment Index (ISI) survey.

Despite being cautious in managing their finances, more than four in 10 Filipino investors carry debt, with the proportion being higher among those under 35, the research indicated.

The regional research was based on 500 online interviews in Hong Kong, China, Taiwan, Japan, Singapore, Malaysia and the Philippines as well as 500 face-to-face interviews in Indonesia.

Respondents were middle class to affluent investors, aged 25 years and above who were the primary decision makers of financial matters in the household and owned investment products.

Apart from daily living expenses, a large share of the debt incurred by Filipino investors represent outlays for their children’s education, medical expenses and discretionary expenses, indicating the relevance of wealth management products to help in wealth accumulation and disciplined financial management, Manulife said.

Despite strong day-to-day financial discipline, the relatively high levels of personal debt (excluding mortgages) could jeopardize their long term financial security, it said.

The per centage of Filipino investors who carry debt was estimated at 41 per cent – the second highest proportion in the region after Malaysia. Most (41 per cent) have relatively small amounts of debt ranging from P5,000 to P24,999, 7 per cent have debts of P500,000 or more.

A third of respondents cited daily living expenses as the main factor contributing to their debt, which could indicate that investors’ ability to save regularly may rely on the use of credit to pay for day to day living expenses, the research said.

The mean debt level incurred by millennials, or Filipino investors below the age of 35, is P291,582 higher than the debt levels of those in the 35-49 age bracket (P207,428) or those over 50 (P143,958).

Manulife’s survey is designed to track investor attitudes toward financial planning across eight markets in the region, to better understand investors’ needs and identify areas for increased financial literacy.

“Encouragingly, the survey found that Filipino investors are among the best in Asia in terms of their savings and expense tracking behaviors. Almost all investors surveyed (99 per cent) track their expenses regularly and manage to save part of their income each month – both of which are key indicators of good financial discipline,” Manulife said.

The survey also found that Filipinos are effective savers, with 46 per cent of investors who have set a target saving amount and starting to save early before the age of 30.

“This may explain why an overwhelming majority of investors (91 per cent) claim they will have sufficient savings to meet their financial needs in five years time,” Manulife said. Of those who have set a target saving amount, an overwhelming 74 per cent expect to meet their goal in one to four years, which could indicate that Filipino investors are setting short term targets, Manulife said.

In addition, while Filipinos are prudent savers, more than 80 per cent regret some investment decisions, suggesting they are unable to effectively invest their savings for the long term.

In addition, while the survey suggests that Filipino investors have good financial management, 80 per cent of investors wish they have done better investment planning. In particular, a third of investors wish they have done more research on their investments, while a quarter regretted holding too much cash instead of investing and another quarter regretted not speaking to a financial planner.

This was seen as an indication that despite good financial discipline and regular savings habits, investors are failing to effectively invest their savings to generate returns. This was supported by the fact that Filipino investors park 26 per cent of their savings in deposits or in investments with no specific purpose, indicating an opportunity to set a clear long-term plan to make the best use of their savings.

“While it’s positive that Filipinos demonstrate good financial discipline, effective financial management is about much more than just tracking your expenses and saving regularly. Investors also need to ensure they are managing their day-to-day spending to avoid falling into debt, and that they have clear plans to get the most out of their savings in the long run,” said Ryan Charland, Manulife Philippines president and chief executive officer.

“It’s always important to listen to family when making important financial decisions, but investors should consider seeking advice from experts who will be able to advise on how best to maximise return on investment. There are a wide range of investment solutions to choose from and it’s important to find the right product to suit your needs” he added.

Vietnam expects $17 bn from leather, shoe exports

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Vietnam-expects-$17-bn-from-leather-shoe-exports-30281165.html

Business Desk
Viet Nam News
HOME AEC AEC NEWS WED, 9 MAR, 2016 4:39 PM

HANOI – Vietnam’s leather and footwear industry expects to gain a total export value of US$17 billion this year partly due to the many advantages from business conditions.

Nguyen Duc Thuan, Vietnam Leather and Footwear Association (Lefaso) chairman, said chances on promoting exports and expanding export markets would remain this year due to advantages from free trade agreements (FTAs) with the European Union (EU), South Korea and especially Trans Pacific Partnerships (TPP) agreement.

The zero tax rate under the Vietnam-EU FTA and TPP effective in 2018 would, in the future, promote Vietnam’s exports in leather, footwear, bags, and umbrellas, in addition to suitcases, he said.

In addition, the Court of Justice of the European Union (CJEU) recently declared partially invalid an anti-dumping regulation on certain leather footwear imports to the EU from China and Vietnam.

It said that the Council of the EU and EU Commission did not comply with certain procedural rules when the regulation was adopted.

On October 5, 2006, the Council of the EU adopted a regulation imposing an anti-dumping duty on certain leather footwear imported from China and Vietnam to the EU with a rate at 16.5 per cent for footwear manufactured by companies established in China (with the exception of the company Golden Step, whose anti-dumping duty was set at 9.7 per cent), and at 10 per cent for footwear manufactured by companies established in Vietnam.

The positive change of the anti-dumping tariff for Vietnamese footwear would support local footwear in reducing difficulties of production and business at present, he said.

Last year, Vietnam gained high growth rate in export value from the leather and footwear industry at $15 billion, an increase of 16 per cent year-on-year, according to the association, including $12 billion from footwear.

Ha Duy Hung, chairman of the Dong Hung Industry Joint Stock Company, said the local leather and footwear industry has in the past developed key export markets in Europe, United States and Japan, and they expected higher exports to those markets in the future as interests increase after the FTAs, the Dau tu online reported.

Now, Vietnam is one of four largest footwear producers in volume on the world market, after China, India and Brazil, and is also the third largest footwear exporters in value on the global market, after China and Italy. Domestic footwear products have been shipped to 50 countries and territories.

Myanmar’s transition sours ahead of presidential vote

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Myanmars-transition-sours-ahead-of-presidential-vo-30281154.html

HOME AEC AEC NEWS WED, 9 MAR, 2016 4:32 PM

NAY PYI TAW – A deepening rift has opened between Myanmar’s powerful military and Aung San Suu Kyi, sources say, threatening the democracy leader’s prospects for forming a successful government even as parliament prepares to nominate presidential candidates on Thursday.

With the date fast approaching for Suu Kyi’s National League for Democracy (NLD) to take power, efforts to portray the party and its former foes as working cordially together towards a smooth transfer of power have faltered, according to politicians and officials familiar with the situation.

“She believed that she would be able to work with the military, but after the last meeting with the commander-in-chief, she realised that she cannot negotiate with them,” said a senior NLD Upper House lawmaker briefed on the talks.

“It’s quite clear that she has moved on from waiting for the military to collaborate.”

Talks between the NLD and the military began soon after Suu Kyi’s party won a landslide victory in a historic election on Nov. 8, heralding the country’s first democratically elected government since the military took power in 1962.

But Suu Kyi has become frustrated with the intransigence of the military on issues ranging from a constitutional amendment that would allow her to become president to the location of the handover ceremony before the start of the new government on April 1, say sources in her camp.

General Tin San Naing, the spokesman for military MPs, declined to comment on the details of negotiations.

The military has stressed its belief that it has a vital role to play in politics until the transition to democracy is secure, and had worried that changing the constitution quickly could set a dangerous precedent.

Myanmar’s junta handed power to a semi-civilian government made up of ex-generals in 2011, after nearly 50 years of military rule, but the constitution it drafted left the military with considerable power.

As well as a clause that effectively bans Suu Kyi from becoming president because her children are British citizens, the constitution also gives the military three powerful ministries and 25 percent of the seats in parliament that amounts to a veto over any constitutional change.

The charter, which leaves the security apparatus and much of the state bureaucracy under military control, will force the NLD government to work with the armed forces.

PARKING SPOTS, OFFICE EQUIPMENT

Underscoring the antipathy between the two sides, an official who met Suu Kyi recently said the bickering had extended beyond the constitution and power sharing to small details such as car parking slots at the handover ceremony and equipment removed from offices by outgoing government staff.

The tensions boiled over in parliament two weeks ago in a rare show of dissent by military MPs, who stood up to protest against accusations by NLD parliamentarians that the outgoing administration had mishandled public projects.

“We were scared when the military MPs suddenly stood up against our MP’s proposal… my heart just dropped when I turned around to check the noise. The situation was really tense,” said Tint Soe, a Lower House NLD lawmaker.

The stand-off in parliament came about a week after the third meeting between Suu Kyi and Min Aung Hlaing, the powerful army chief.

“The army came to the negotiating table with a long shopping list of demands that proved unfeasible,” said Win Oo, a former member of the army-backed Union Solidarity and Development Party(USDP), who closely monitors the transition.

“The two sides are now in the state of cold war. It’s apolitical killing field.”

The NLD had hoped the military could be persuaded to endorse a constitutional amendment allowingSuu Kyi to become president.

But as it became clear late last month that was not going to happen, the Nobel Peace Prize laureate decided to cut short the negotiations and bring forward by a week the process for selecting a proxy president – who will run the country at her behest.

The NLD has yet to say who that will be. Most of the speculation has centred on candidates who have a low profile and will be loyal to the party leader.

On Thursday, the upper house and lower houses of parliament, and the military block in the legislature, will each nominate a candidate. The joint chamber will vote on which of the three becomes president – and the NLD boasts a big enough majority to carry the vote no matter which way the military votes.

It has been unclear how quickly after Thursday’s nominations the joint session vote will be held. A director from the parliament told Reuters on Wednesday that the vote would not take place until Monday.

The losing candidates will become vice presidents. For some in the NLD, contemplating the end of a long wait to form a government, the wrangling over the transition is a grim portent.

“It will be really difficult for her in the future because of the military – it is very clear they don’t want to cooperate,” Tint Soe, the NLD lawmaker said. “It’s such a miserable situation.”

– REUTERS

Eight in 10 travellers at Changi can access early check-in, at least four hours before flight

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Eight-in-10-travellers-at-Changi-can-access-early–30281147.html

Karamjit Kaur
The Straits Times
HOME AEC AEC NEWS WED, 9 MAR, 2016 2:54 PM

SINGAPORE – More than eight in 10 passengers departing from Changi Airport can now check in at least four hours before their flights.

Common early check-in counters have been set up at Terminals 2 and 3 since the start of this year, while there is an early check-in lounge at T1.

The counters and lounge – open from 6am to midnight daily – serve as a common one-stop service point for passengers travelling with 23 participating airlines, Changi Airport Group (CAG) said.

Check-in is available from 12 or 24 hours before the flight’s scheduled time of departure.

The 23 airlines serve more than 3.7 million passengers a year, or 13 per cent of passengers departing from Changi Airport. They include Japan Airlines, Thai Airways, Korean Air and EVA Air.

Besides the airlines served at the common counters, another 25 airlines separately offer an early check-in service at their own counters, the airport said. These include Singapore Airlines, Silkair, Cathay Pacific and Emirates.

The provision of early check-in options will benefit passengers, especially visitors to Singapore who may have to check out of their hotel rooms hours before their flights, Changi added.

By coming in early, travellers also minimise the risk of missing their flights.

This happens to an estimated 10,000 passengers a year, for whatever reasons.

In addition to the benefits to passengers, early check-in also helps to boost operational efficiency and productivity, said CAG vice-president (passenger experience) Albert Lim.

“Early check-in smoothens the flow of passengers beyond the peak period, which starts at about two hours before departure. Reducing the peak load shortens queues and lessens the stress on the check-in team,” he said.

“Overall, there is a better travel experience for passengers. At the same time, it allows for more optimal utilisation of check-in resources, resulting in capacity and productivity gains.”

Laos’ meat consumption on the rise

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Laos-meat-consumption-on-the-rise-30281166.html

Vientiane Times
HOME AEC AEC NEWS WED, 9 MAR, 2016 2:42 PM

VIENTIANE – Laos expects to require a total of 487,000 tonnes of meat, eggs and fish or an average of 65 kg per capita per year by 2020, a figure which is expected to grow to 79kg by 2025.

Director General of the Planning and Cooperation Department of the Ministry of Agriculture and Forestry, Xaypradeth Chounlamany, said recently the government is encouraging farmers to breed cattle, buffaloes, goats and pigs as well as chicken and fish to meet domestic consumption needs, which are increasing year by year.

In 2011, Lao people consumed an average of 47kg of meat, eggs and fish per capita per annum.

This figure had increased to 53kg in 2015, according to the Ministry of Agriculture and Forestry.

To reach the targets of 65kg by 2020 and 79kg by 2025, the ministry plans to focus on eight priority areas.

These include developing and expanding animal herds and aquatic stocks, improving and updating animal feeds and fish feeds, as well as boosting the production and supply of animal vaccines.

The ministry will also place greater scrutiny on the movement of livestock and poultry as well as aquatic creatures.

The government will also focus on improving slaughterhouses and meat processing houses, regulate aquatic products, improve the systems of market management for animal and aquatic products, increase capacity building for veterinarians and fisheries staff as well as seek to guarantee a sufficient fish supply in Vientiane.

The numbers of livestock and fish breeders which are employing more modern methods has increased in recent times, especially on the flat lands along the Mekong River valley and some parts of the northern provinces.

Cattle rearing for domestic supply and export has also been developed. In fiscal year 2014-2015, the ministry worked hard to encourage farmers and entrepreneurs to increase livestock breeding across the country by around 10-12 per cent.

Broken down, the breeding of buffaloes increased by one per cent, cattle breeding by two per cent, rearing of pigs and goats by four per cent, and poultry by five per cent.

In 2013-2014, the numbers of cattle expanded three per cent, goats by two per cent, pigs by six per cent and poultry by five per cent.

The production of meat, eggs and fish in 2013-2014 reached a combined total of 361,074 tonnes, which included 171,364 tonnes of meat, 39,150 tonnes of eggs and 150,560 tonnes of fish.

Over the five years from 2011-2015, the agriculture and forestry sector expanded by an average of about 2.7-3 per cent.

During th at five ye ars, the agriculture sector saw a total expenditure of 7 trillion kip, of which 10 per cent came from domestic funds, 20 per cent in the form of loans and grants, 60 per cent from the private sector with the remaining 10 per cent being contributions from local people.

Total solar eclipse sweeps across Indonesia

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Total-solar-eclipse-sweeps-across-Indonesia-30281143.html

HOME AEC AEC NEWS WED, 9 MAR, 2016 2:20 PM

Myanmar’s jailed activists demand abolition of Section 505(b), Section 18

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Myanmars-jailed-activists-demand-abolition-of-Sect-30281066.html

Eleven Myanmar
HOME AEC AEC NEWS TUE, 8 MAR, 2016 4:25 PM

YANGON – Jailed political activists say the time has come for the new parliament to discuss abolishing Section 505(b) of the Penal Code and Section 18 of the Peaceful Assembly and Peaceful Procession Law, which, they argue, are used to suppress the people.

Activists Naw Ohn Hla and Tin Htut Paing, who have been jailed for more than five years by separate courts for their protest demanding information about the death of Letpadaungtaung resident Khin Win, were brought to the Botahtaung Township court on March 7 to face additional charges under Section 18.

“Many students face legal action under Section 505(b) and Section 18 for their protests against the National Education Law. We’ve already been charged, and we’re still facing additional charges. Section 505(b) was created in the colonial period. It’s wrong that this so-called ‘democratic’ government is still practicing it after the country’s independence. Peaceful demonstration should be allowed in democracies. Section 18 was created to control it. The [outgoing] government took power in 2010 in a controversial election. It did not represent the desires of the people. Now, it’s time for the incoming government to take steps to amend these laws. It’s time for the new parliament to submit an urgent proposal to abolish these sections,” said Tin Htut Paing on March 7.

“We often said Section 18 is not needed for the nation. It would be better if the new government acts quickly to amend these laws. If not, we will have to tell the incoming government about it. We don’t accept any law that suppresses the people. This section is not democratic,” said Naw Ohn Hla after the court hearing.

Activists Naw Ohn Hla, Tin Htut Paing and Sithu were charged under Section 18 at different courts—Botahtaung, Tamwe and Mingalataungnyunt, respectively—for their protest march on August 8, 2014, marking the 26th anniversary of the 8888 uprising. Sithu is still at large and has been pronounced a fugitive by the courts.

Tin Htut Paing was sentenced to more than five years in prison, and Naw Ohn Hla was sentenced to more than six years. They were convicted of several crimes for their protest on May 15 last year in front of the Chinese embassy, where they condemned the actions of Chinese mining companies in Letpadaungtaung.

HCM City offers ‘instant’ business registration

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/HCM-City-offers-instant-business-registration-30281060.html

Viet Nam News
HOME AEC AEC NEWS TUE, 8 MAR, 2016 3:27 PM

HO CHI MINH CITY – The HCM City Department of Planning and Investment has launched a business registration service through switchboard and supporting services that can help businesses get a new or amended certificate within 15 minutes.

The department says it has also launched services that will help businesses perfect their documents and procedures, tackle promptly cases of wrong names, forms, and other similar problems.

In most cases, each set of documents will be processed within 15 minutes free of charge, it says.

With sectors where the processing cannot be done immediately and a meeting is required, officials must provide instructions specifying the different papers that need to be submitted.

In these cases, businesses can expect to receive their certificates within three working days of submission of documents or have the certificates sent by post.

The department says that around 310 businesses register their documents through switchboard every day.

Deputy director Le Thi Huynh Mai said they were working on the principle that “Whenever enterprises approach the department, they get their work done.”

Between 1,000 and 1,500 businesses contact the department every day, mostly registration or supplementary documents. The submission and returning of supplementary documents were a bother for both the businesses and the department, which would be overloaded with work.

The support provided in perfecting the documents had helped reduce the number of documents the department receives daily to 900; and 96.25 per cent of documents are processed in time, Mai said.

The department is studying ways to establish a timer service on its website, aiming to save both time and cost for businesses, and upgrading the city’s investment environment.

Last year, 29,771 businesses received guidelines from the switchboard to complete their registration papers at home. Of these, 13,500 submitted their documents to the investment department and got their registration certificates.

Indonesian TV stations warned over lack of local content

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/aec/Indonesian-TV-stations-warned-over-lack-of-local-c-30281053.html

The Jakarta Post
HOME AEC AEC NEWS TUE, 8 MAR, 2016 2:51 PM

JAKARTA – All major television networks in Indonesia have failed to fully implement the Network Broadcast System, adherence to which is a mandatory requirement for the extension of broadcast licenses, the Indonesian Broadcasting Commission (KPI) has warned.

According to the commission, all Indonesian television stations are obliged to implement the rules laid out in the Network Broadcast System, which revolve around the decentralization principle as stipulated in the 2002 Broadcasting Law. Under this principle, stations are prohibited from broadcasting nationally, forcing them to build networks with local stations.

“So, if a television station is located in East Java, it should also broadcast content about that province,” KPI commissioner Amirudin said.

He added that under this rule, Indonesian stations were divided into two categories, namely parent and member stations. Each member station of a national TV network should produce and broadcast at least 10 percent local content, which involved and concerned the local people, he went on.

Through this decentralization principle, Amirudin said, communities could benefit from content sourced from local wisdom and promoting cultural heritage, rather than just consume content from Jakarta that was sometimes irrelevant to them.

He further said that under the rule, parent and member stations would share advertising revenue.

In a hearing at the House of Representatives on Monday, the KPI said the issue of insufficient implementation of the framework affected 15 private TV networks: Indosiar, Global TV, Metro TV, MNC TV, ANTV, Trans TV, Trans 7, RCTI, TV One, SCTV, iNews, Net TV, Kompas TV, RTV and O Channel.

Four of the 15 stations, namely Trans 7, Global TV, Net TV and RTV, failed to include local content in all of their member stations. Kompas TV broadcast more than 10 percent local content through its member station, while iNews featured local content deemed to have real relevance to the locals. Both Kompas TV and iNews included locals in their programme production activities.

“I suspect there is no strong willingness on the part of parent stations to work together with their member stations,” House lawmaker Meutya Hafid told journalists.

The KPI plans to evaluate 10 television networks whose permits are set to expire this year. Nine television stations, namely ANTV, Global TV, Indosiar, MNCTV, RCTI, SCTV, Trans TV, TV7 and TV One, will see their permits expire in October, while Metro TV will have to renew its permit in December.

The commission will look at three main factors in evaluating the television stations, namely their adherence to the Broadcasting Code of Conduct and programme Standards (P3SPS), their broadcasting programme proposals for the next 10 years and their implementation of the Network Broadcast System.