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ASEAN Police Chiefs Ink New Pact Amid Islamic State Fears ASEANPOL - ASEAN Police Chiefs

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ASEAN Police Chiefs Ink New Pact Amid Islamic State Fears ASEANPOL - ASEAN Police Chiefs 01 AUGUST 2016 ISSUE 276 CARI CAPTURES DUTERTE DEFENDS DEADLY THOUSANDS MARCH IN SINGAPORE HOSTS ASEAN CRIME CRACKDOWN FUNERAL OF SLAIN ACTIVIST SOCIAL ENTREPRENEURSHIP 01 ASEAN ASEAN POLICE CHIEFS INK NEW PACT AMID ISLAMIC STATE FEARS ASEANPOL - ASEAN POLICE CHIEFS BRUNEI MALAYSIA THAILAND DATO SERI TAN SRI POLICE PAHLAWAN HAJI KHALID ABU GENERAL AEK MOHD JAMMY BAKAR Angsananont BIN HAJI MOHD SHAH AL-ISLAM CAMBODIA MYANMAR VIETNAM POLICE SWE THET GENERAL COMMISSIONER MYINT TRAN ÐAI GENERAL NETH QUANG SAVOEUN INDONESIA PHILIPPINES POLICE DIRECTOR GENERAL GENERAL BADRODIN RONALD HAITI DELA ROSA LAOS SINGAPORE LITH HOONG LUENAMACHACK WEE TECK Source: ASEANPOL Police chiefs from the all ten member states signed According to Malaysian Inspector General Khalid a historic pact first tabled a decade ago that will Abu Bakar, the signing of ACCPCM would be a boost speed up the distribution of information, intelligence for the distribution of information, intelligence and and assistance in times of crisis. assistance during events such as large scale acts of terrorism which could result in mass casualties or After a decade of discussions, the delegates at the the destruction of infrastructure 36th ASEANAPOL Conference in the Malaysian capital In addition to the ten ASEAN countries, the meeting of Kuala Lumpur signed the ASEAN Communication was also attended by nine other partner delegations and Coordination Protocol for Crisis Management including Australia, Japan, South Korea, New Zealand, (ACCPCM); the move came as countries in the region, Russia, Turkey and Interpol, as well as East Timor, most notably Malaysia, Singapore, Indonesia and the the United Kingdom, Europol and the International Philippines, have grown increasingly alarmed at the Committee of the Red Cross (ICRC); among the topics rising threat of terrorism from the Islamic State of discussion were the unlawful possession of firearms, wildlife trafficking, and money laundering The Diplomat (29 July 2016) DISCLAIMER: The news articles contained in this report are extracted and republished from various credible news sources. CIMB ASEAN Research Institute (CARI) does not make any guaran- tee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information and opinion contained in this report. Should any information be doubtful, readers are advised to make their own independent evaluation of such information. 02 INDONESIA 05 MALAYSIA AUSTRALIAN-INDONESIAN TRADE DEAL A PRIORITY MALAYSIA ANTI-GRAFT CHIEF QUITS JOB EARLY Amid uncertainties surrounding the passage of the Economic Partnership Agreement were revived in March The head of Malaysia’s anti-corruption agency, from Mr Najib’s supporters; he is among three current Trans Pacific Partnership through US congress, the after a three year hiatus; according to Minister Ciobo, which doggedly investigated Prime Minister Najib or former civil servants against whom a police report Australian government has deemed a trade agreement the move to finalise an agreement with Indonesia is in Razak’s finances along with the broader scandal was filed last week by an official in Mr Najib’s ruling with Indonesia to be the important economic agenda line with Australia’s attempt to diversify its economic around state investment fund 1MDB, is quitting United Malays National Organisation item. ties in Asia, having already signed agreements with his post early amid intensifying political pressure. According to local media, the police report accuses the China, Japan, and Korea three, who also include former central bank governor Trade Minister Steve Ciobo will be in Jakarta this Abu Kassim Mohamed, chief commissioner of the The finalisation of such a trade deal may be impeded Zeti Akhtar Aziz and former attorney-general Abdul week to progress a deal that would give Australian Malaysian Anti-Corruption Commission, is due to step by rising protectionist and anti-globalisation sentiment Gani Patail, of providing confidential information to businesses greater access to a middle class expected down on 1 August 2016, more than two years ahead however; with individuals like Pauline Hanson, an foreign agencies to reach 135 million by 2020, when Indonesia’s GDP of the scheduled end of his term in December 2018; outspoken Australian anti-Islamic politician and The MACC leadership was praised recently by the US is expected to equal that of Australia’s he will be replaced by Dzulkifli Ahmad, an official protectionist policies in Indonesia acting as barriers Federal Bureau of Investigation for its “tremendous Negotiations for the Indonesia Australia Comprehensive in the attorney-general’s chambers to securing a successful deal courage”, as US officials announced they were seeking Rural (01 August 2016) Mr Kassim, who denies that the government has to seize assets allegedly acquired with misappropriated 03 SINGAPORE pressed him to stand down, has come under attack Malaysian state funds Financial Times (01 August 2016) SINGAPORE AIR WARNS OF TOUGHER DAYS AFTER 181% PROFIT JUMP 06 PHILIPPINES Despite experiencing a 181% jump in profit due to PHILIPPINES EMERGING AS WINNER IN FDI lower oil prices reducing costs and a sale of its stake 1MDB'S ALLEGED CASH FLOW PHILIPPINES FOREIGN in a subsidiary, Singapore Airlines has warned that The Philippines is emerging as a clear winner among tougher competition will erode existing margins. CHEAPER FARES HELP CARRIER FILL SEATS WHILE YEILDS LANGUISH members of ASEAN in attracting foreign direct DIRECT INVESTMENT investments (FDI), as China becomes a less attractive Singapore Air, the only Asian airline to have flown destination for inflows, Credit Suisse said in a report. the Concorde and first in the world to fly the A380 PHP Million superjumbo, reported first-quarter profit almost The investment bank said FDI inflow in the Philippines 140000 5 is now at a multi decade high of US$8 billion as of end tripled as lower oil prices reduced costs and the 120000 company benefited from the sale of a stake by its April, up from US$6 billion in 2015 and US$1 billion just five Percent 100000 subsidiary; net income jumped to US$190 million 0 years ago; the report added that Japan and the US are key 80000 in the three months ended in June even as sales drivers behind the increase, while inflows are concentrated declined by 2.1% -5 in the manufacturing and the finance industry 60000 SIA has emphasised that passenger yields, which is Credit Suisse said Vietnam also continued to be an 40000 -10 a key measure of profitability in the industry, remain FDI magnet, attracting manufacturing investments 20000 under pressure amid "aggressive capacity injection”; especially from South Korea on the back of generous Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 0 tax incentives and still relatively cheap labor JUL JAN JUL JAN JUL JAN yields declined to their lowest in more than six years in 2012 2013 2014 2015 2016 the first quarter, whilst SIA stock fell 2% in Singapore, Likewise, it added Malaysia’s FDI inflows remained 2013 2014 2014 2015 2015 2016 the most in more than two months Normalized as of 31 March 2012 surprisingly resilient despite political uncertainty in Singapore Airline’s Load Factor recent years; however, Malaysia is likely to sustain the The expansion of the Middle East’s ‘Big Three’, Singapore Airline’s Yields Emirates, Etihad Airways and Qatar Airways, and robust inward FDI due to the lack of reform momentum Source: Bloomberg an unprecedented surge by budget airlines in the Credit Suisse noted weakening trend in Indonesia, region is hurting the pricing power of Asian carriers; their competitors who are offering luxuries like on-board Singapore and Thailand; FDI inflows in Thailand Singapore Air CEO Goh Choon Phong and his Cathay shower and butlers is now down to US$3 billion as of end April after counterpart Chu have ordered some US$20 billion Yields, or the revenue earned from a passenger for flying peaking at US$15 billion in 2014, while inflows to in new aircraft to modernize their fleet and take on a kilometer, fell by around 5% from Q4 2015 to Q1 2016 Indonesia reached US$30 billion on a rolling basis Source: Trading Economics On the other hand, FDI inflows in Singapore reached Bloomerg (28 July 2016) US$60 billion in the first quarter of the year from US$68 billion in 2013 04 ASEAN | PHILIPPINES Philstar (01 August 2016) Source: Bloomberg FILIPINO FOREIGN SECRETARY AFFIRMS FLEXIBILITY 07 ASEAN In response to calls from Former Foreign Affairs Yasay also stated that "The united statement and joint DON'T UNDERPLAY ASEAN'S ROLE IN REGIONAL SECURITY Secretary Albert Del Rosario and former Ambassador communique of ASEAN as worded did not in any way The strength and success of ASEAN as it approaches The quiet in the wake of the South China Sea arbitration to the United States Jose Cuisia Jr. for Foreign Affairs weaken the legal foundations of our claim and the award its 50-year anniversary is measured by its ability to will not last, as US Secretary of State John Kerry says, Secretary Perfecto Yasay to assume a more hard given to us by the arbitral tribunal,” continue to promote economic growth through deeper an opportunity to "turn the page”; in the context of the line approach towards the South China Sea issue, "On the contrary the statement was a resounding diplomatic regional integration into the global economy, not by broader interests in the ASEAN–China relationship there Yasay has affirmed a more diplomatic approach. triumph that enabled ASEAN
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