Top Story: ASEAN banking sector integration draws near
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said central banks in the region are now in the final stages to having it launched. "Asean central banks have endorsed the Asean Financial Integration Framework in 2011 and are in the final stages to launch the framework for banking sector integration. "This will pave the way for a more meaningful presence of qualifying Asean banks within the region, while promoting regional financial stability," she said in her keynote address at the 19th Asean Banking Conference 2012 here yesterday.
Top Story: Canada’s PM, in blocking Petronas, says nation open to investment but seeks reciprocity
Canada temporarily blocked Malaysian state oil firm Petronas' C$5.17bil (US$5.17bil) bid for gas producer Progress Energy Resources on Oct 20, giving it 30 days to make new representations to the government. Prime Minister Stephen Harper, in some of his toughest remarks on foreign investment yet, signaled a willingness to block foreign purchases of Canadian companies if other countries are not open to Canadian investment.
https://www.usasean.org/jobs/special-assistant-communicationsWith offices in six countries, we are always looking for talented, energetic individuals who thrive in a fast paced environment, are quick learners, and who are ready to help our members take on challenges and capitalize on opportunities in Southeast Asia.
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YINGLUCK III MINISTERIAL CABINET:
Prime Minister Yingluck Shinawatra confirmed on Wednesday, October 25 that she was seeking royal endorsement for a new cabinet reshuffle. It is anticipated that the reshuffle would affect 23 cabinet seats and involve 14 new faces.
Pending endorsement by His Majesty the King, local media are speculating that the new line-up will be as follows:
1. Plodprasop Suraswadi, Deputy Prime Minister
2. Phongthep Thepkanchana, Deputy Prime Minister and Minister of Education
3. Pongsak Raktapongpaisal, Deputy Prime Minister and Minister of Energy
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