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Top News Headlines In Indonesia, Myanmar, Singapore, Thailand & Vietnam: June 29, 2025

Top News Headlines In Indonesia, Myanmar, Singapore, Thailand & Vietnam: June 29, 2025

Barnama5 hours ago

The Jakarta Fair (PRJ) Kemayoran 2025, one of Southeast Asia's largest multi-product exhibitions, is aiming for Rp 7 trillion (approximately US$430 million) in transactions this year as crowds pack the venue despite a shorter event duration.
Seventy-three of the 97 people evacuated from Iran - among them an Iranian citizen married to an Indonesian - have arrived safely in Indonesia, the Foreign Affairs Ministry announced on Friday.
1. INVESTORS INVITED TO DEVELOP YANGON FILM CITY -- THE GLOBAL NEW LIGHT OF MYANMAR
The Myanmar Motion Pictures Organisation is inviting investors to develop the Film City Project in Yangon jointly. Located on 80 hectares, the project includes restaurants, recreation halls, studios, outdoor shooting sites, ethnic model houses, a miniature golf course and cinemas.
2. YANGON PORT TO WELCOME 60 VESSELS IN JULY -- THE GLOBAL NEW LIGHT OF MYANMAR
The Myanmar Port Authority announced that 60 container vessels are scheduled to call at Yangon Port in July. So far this year 362 vessels arrived at the port. The port handled 633 container vessels last year and 629 in 2023.
SINGAPORE
1. S'PORE INCREASED ITS SECURITY POSTURE AMID RISING TENSIONS FROM IRAN-ISRAEL CONFLICT: SHANMUGAM -- THE STRAITS TIMES
Singapore has increased its security posture amid rising tensions from the Iran-Israel conflict, said Coordinating Minister for National Security K. Shanmugam.
2. HOW THESE SINGAPOREANS ARE CHASING THEIR DREAMS AND CUTTING COSTS BY 'SUPER COMMUTING' BETWEEN CITIES -- CNA
Mr Rayson Koh, 29, rents an apartment in Bangkok where he lives, but every month the Singaporean flies back to the Republic to attend work meetings as a financial adviser, splitting his time between the two cities.
THAILAND
1. UN EXPOSES CAMBODIA AS HUB OF TRANSNATIONAL HUMAN TRAFFICKING AND ONLINE SCAM OPERATIONS -- THE NATION
The United Nations has issued a report implicating Cambodia as a central node in a sprawling, transnational human trafficking network that exploits victims by forcing them to work in online scam centres generating billions in illicit profits.
2. PROTEST LEADER: WE DON'T WANT A COUP BUT... -- BANGKOK POST
Leaders of a major rally held on Saturday in Bangkok are united in the belief that Prime Minister Paetongtarn Shinawatra must step down to take responsibility for the deepening border crisis with Cambodia.
VIETNAM
1. FOUR PILOTS SUSPENDED AFTER AIRPORT MISHAP -- VNEXPRESS
Vietnam Airlines has suspended four pilots after two of its planes collided at Hanoi's Noi Bai Airport on Friday when a Boeing 787 was taxiing for take-off to Ho Chi Minh City. The Boeing's wingtip and the Airbus' tail fin were damaged.
2. ONLINE GAMES PRODUCERS TARGET RM1.8 BILLION REVENUE -- VIETNAM NEWS
Vietnamese online games producers are aiming to earn RM1.82 billion (US$430 million) revenue this year after earning RM1.3 billion (US$315 million) last year. Earnings touched RM909 million (US$215 million) in the first half of this year.
-- BERNAMA
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UN bids to salvage global development summit after US boycott
UN bids to salvage global development summit after US boycott

New Straits Times

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UN bids to salvage global development summit after US boycott

SCORES of world leaders will be sweltering in the summer sun of southern Spain starting Monday at a once-a-decade United Nations development financing summit aimed at curbing global poverty, disease and the worst-case threats of climate change. Despite the scorching temperatures, though, a major chill looms over the event - the decision early this month by the United States, traditionally the world's largest aid giver and key finance provider, not to show up. UN countries want to close a US$4 trillion-a-year funding gap they now estimate prevents the developing world achieving the organisation's Sustainable Development Goals that range from cutting infant death rates to minimising global warming. UN Financing for Development summit starts from today. June 30 till July 3. Critics say the promises at the heart of the conference - called the "Seville Commitment" - are nowhere near bold enough. The measures, agreed by consensus after a year of tough negotiations, include tripling multilateral lending capacity, debt relief, a push to boost tax-to-GDP ratios to at least 15 per cent, and shifting special IMF money to countries that need it most. The run-up, however, has been marred by the US decision to withdraw over what it said was the crossing of a number of its red lines, including the push to triple development bank lending, change tax rules and the use of the term "gender" in summit wording. The European Union only joined the summit with reservations, particularly over how debt is discussed within the UN. Speaking to reporters this week, UN Deputy Secretary-General Amina Mohammed described Washington's boycott as "regrettable", especially after its "catastrophic" recent aid cuts that she said had cost lives and livelihoods. Speaking alongside officials from summit host Spain and Zambia, which has helped organise it, she said the final outcome document agreed reflected both "ambition and realism" and that the UN would try to re-engage the US afterwards. Remy Rioux, chief executive officer of the French Development Agency, said Washington's withdrawal had not been a total surprise given Donald Trump's views. The hope is that agreements next week will allow bolder action at the UN climate talks in Brazil in November. "We will push for the new framework... (and) its operationalisation from Seville to Belem," he added, referring to the Brazilian city that will host COP30. Other measures to be announced include multilateral lenders automatically giving vulnerable countries the option to insert repayment break clauses into their loans in case of hurricane, drought or flood. Another buzz phrase will be a "Global SDR playbook" - a plan where the wealthiest countries rechannel the IMF's reserve-like Special Draw Rights they hold to the multilateral banks, who then leverage them as capital in order to lend more. Campaigners warn that it will fall far short of what is needed, especially as more than 130 countries now face critically high debt levels and many spend more on repayments than on health or education. Aid and support from rich countries, who themselves have rising debts, is dropping too. In March, the US slashed more than 80 per cent of programmes at its USAID agency following federal budget cuts spearheaded by billionaire Elon Musk. Britain, France, Germany, the Netherlands and Sweden have all made cuts in recent years too. The OECD projects a 9-17 per cent drop in net official development assistance (ODA) in 2025, following a 9 per cent decline in 2024. It looks set to hit the poorest countries hardest: bilateral ODA to least developed countries and sub-Saharan Africa may fall by 13-25 per cent and 16-28 per cent respectively, the OECD estimates, and health funding could drop by up to 60 per cent from its 2022 peak. So what would be a good outcome in Seville, especially given the US pull-out? "We should make sure we are not backtracking at this point," said Orville Grey at the International Institute for Sustainable Development, referring to funding commitments. "We should at least remain stable."

Pineapple growers welcome KBBM campaign to stabilise prices, boost income
Pineapple growers welcome KBBM campaign to stabilise prices, boost income

New Straits Times

timean hour ago

  • New Straits Times

Pineapple growers welcome KBBM campaign to stabilise prices, boost income

JOHOR BAHRU: Pineapple growers say the 2025 'Buy Malaysian Goods' campaign (KBBM), themed 'Jom Beli Lokal' (Let's Buy Local), could help stabilise market prices and ensure steady demand for local agricultural produce. Mohd Nasry Mohd Nasir, 38, a pineapple grower from Samarahan, Sarawak, said the initiative also promises stronger market assurance for farmers, provided consumers continue to support local products. He said the campaign would encourage greater demand for various local pineapple varieties. "This initiative is very good overall. It helps boost farmers' income while highlighting the quality of our pineapples, which are on par with those from overseas," he told Bernama when met at the 2025 International Pineapple Industry Seminar here yesterday. Nasry, who has managed his family's pineapple farm for the past three years on over 100 acres, added that the campaign could also reduce reliance on middlemen if implemented over the long term. "In Sarawak, for example, the Moris pineapple variety is relatively cheaper, with market prices at about RM10 for three fruits, but when sold to middlemen, the price drops to about RM2.50 each. "Some middlemen resell them at RM10 for just two fruits, so this campaign may help reduce our dependence on them and allow buyers to purchase directly from us at better prices," he said. Meanwhile, Johor-based pineapple grower Mohd Zulafiq Nordin, 38, believes the initiative could open broader market access for small and medium-scale farmers, including supermarkets and online sales platforms. He said it would also help increase sales of lower-grade pineapples that are still of good quality. "Middlemen usually only take Grade A pineapples for the market. The smaller grades that don't meet their criteria are usually sold directly by us. "So, with an initiative like this, we as farmers can offer more variety directly to consumers," he said. The Domestic Trade and Cost of Living Ministry (KPDN) launched KBBM on June 27 as part of efforts to revitalise the sales of local goods and reduce dependence on imported products. Its minister, Datuk Armizan Mohd Ali, was reported as saying the campaign focuses on increasing the sales value and market penetration of local products, strengthening domestic economic growth, and supporting local entrepreneurs and Micro, Small and Medium Enterprises (MSMEs). According to him, KBBM involves multiple ministries and government agencies through a whole-of-nation approach and will be conducted through both physical promotions at business premises and online platforms in collaboration with major e-commerce operators.

WTO key to resolving global trade tensions, says economist
WTO key to resolving global trade tensions, says economist

New Straits Times

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WTO key to resolving global trade tensions, says economist

ROME: The global tariff tensions initiated by the United States should be addressed through the multilateral platform of the World Trade Organisation (WTO), an Italian economics expert has said. Mario Tirelli, a professor of economics at the University of Roma Tre, told Xinhua on Friday that the current US-led trade disputes have broadened to affect nearly the entire world, including the European Union (EU), and are causing heightened uncertainty, something he described as "bad for the EU." "The most important sectors of international trade between the EU and the US are machinery and transportation equipment, which accounted for nearly 40 per cent of all EU exports to the US in 2024," Tirelli noted. These sectors, he added, are among the most severely affected by the newly imposed tariffs. He criticised the Trump administration's approach to trade relations, describing it as fundamentally opposed to multilateralism. "We have to try to move this type of negotiation back to multilateral platforms," he said, adding that the WTO remains the ideal venue where countries' concerns can be addressed openly and fairly. As the US has shown declining interest in supporting multilateral institutions such as the WTO, Tirelli called on the EU, China, and other like-minded countries to work together to uphold the multilateral framework. He said this collective support could serve as leverage to encourage the US to return to multilateral negotiations. As a professor of game theory, Tirelli acknowledged that reaching a trade agreement between the EU and the US would be difficult but emphasised that the EU is not necessarily in a weak position, provided its member states maintain unity. "European countries have to understand that negotiation power will be really weak if they are divided," he said. Tirelli also highlighted the importance of maintaining cooperation between China and the EU, noting that the 50th anniversary of EU-China diplomatic ties presents an opportunity to deepen bilateral trade and investment. "Through trade with China, the EU can achieve highly competitive gains in sectors like green energy, including electric batteries and cars," he said.

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