ASEAN Telecommunication 2020/09/22 (Vol.642)
ASEAN Telecommunication Japan-Southeast Asia Economic Exchange Magazine
➤Vietnam：Vietnam’s Sa Pa experiences unseasonable cold spell in autumn
➤Myanmar：Myanmar to focus on building up post-COVID-19 economy
➤Cambodia：Over 200,000 tourists recorded on first day of Pchum Ben festival
■Vietnam：Vietnam’s Sa Pa experiences unseasonable cold spell in autumn
An unusual cold spell hit Sa Pa — a famous resort town in northern Vietnam — on Tuesday morning, causing temperatures to plummet in the middle of autumn.
Monday night marked the weakened influence of a low pressure groove and convergence zone over Lao Cai Province, where Sa Pa is located, reducing local rainfall, according to the provincial Hydro-meteorological Observatory.
At night, there were few clouds in the mountainous areas, causing the temperature to drop sharply.
At 7:00 am on Tuesday, the temperature measured by the Bac Ha Meteorological Station was down to 20.8 degrees Celsius while Sa Pa experienced a chill of 12.2 degrees Celsius, 1.7 degrees lower than the same time the previous day.
However, it was still 1.7 degrees higher than the current record low mid-September temperature of 10.5 degrees Celsius, the station said.
Winter-like weather is expected to arrive in Sa Pa early this year and a much more severe winter than last year’s is in the forecast, said Luu Minh Hai, director of the Lao Cai Province Hydro-meteorological Observatory.
On September 4, Sa Pa recorded a temperature of 12.9 degrees Celsius, the lowest ever recorded in the first 10 days of September since 1957.
Local authorities have urged farmers to actively implement measures to protect their crops and cattle against the biting weather while students in the area should be well-prepared to fight the cold when they go to school.
■Myanmar：Myanmar to focus on building up post-COVID-19 economy
Myanmar will focus on promoting and building up four sectors of the economy to weather the aftermath of COVID-19 and its impact on the economy.
U Thaung Tun, Union Minister for Investment and Foreign Economic Relations and Chair of the Myanmar Investment Commission [MIC], said the country can respond effectively to the economic fallout from the pandemic.
This can be done by promoting investments in new industrial zones, agriculture-based industries which support the whole supply chain, health-related product manufacturing and the digitisation of the economy, he said at a meeting of the Investment Promotion Committee held on September 15.
U Thaung Tun said there is a need to review the Myanmar investment Promotion Plan [MIPP] - a long term national blueprint to draw investments into the country - in light of the adverse effects of COVID-19 on the economy.
The meeting comes after the Asian Development Bank [ADB] warned that future investment inflows to Myanmar could disappoint expectations as a result of a weaker global economy in the aftermath of the pandemic.
The COVID-19 pandemic will affect investors' future investment plans and it could have an impact on the inflow of foreign direct investments into Myanmar, the ADB said in its report.
Myanmar FDI approvals increased to US$4.3 billion for the three quarters ending june 2020 from US$3.2 billion in the same period last year, with investors focused on power generation, real estate development, and manufacturing.
But as developing Asia's GDP is now expected to contract by 0.7pc in 2020, the region's first recession in nearly six decades, this could dampen future investment inflows into Myanmar, the ADB warned.
The ADB forecasts that COVID-19 could slow Myanmar's economic growth to just 1.8 percent in fiscal 2019-20 compared to 4.2pc forecasted April.
If all goes well though, Myanmar's economic growth is expected to recover to 6pc in the coming 2020-21 fiscal year.
■Cambodia：Over 200,000 tourists recorded on first day of Pchum Ben festival
On the first day of Pchum Ben holiday from Sept. 16 to 18, some 217,932 people toured the country, according to a report of the Ministry of Tourism.
Of them, nearly 2,000 are foreigners, added the same source. According to the report, Kandal province received the highest number of tourists, followed by Battambang, Kampot, Siem Reap and Preah Sihanouk provinces.
“Pchum Ben” Festival or the Festival for the Dead is the second biggest festival for the Cambodian people after the Khmer New Year.
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