SE Asia Stocks-Indonesia at 22-month high, Thai 3-month peak

* Energy shares push Thai index higher

* Singapore up almost 1 percent, Malaysia gains

* Manila at 6-week high

By Viparat Jantraprap

BANGKOK, Jan 14 (Reuters) - Thailand's main stock index
climbed to a three-month high on Thursday and Indonesian shares
hit their highest in almost two years, with energy and resource
shares such as PTT and Adaro energy leading the way.

Sentiment in Asian bourses improved as fears receded that
China's policy tightening would slow its demand.

"Global equity markets signalled that concerns over China's
tightening policy were short-lived, as its growth outlook
remains intact," said Rakpong Chaisuparakul, a strategist at
KGI Securities.

Thailand's SET index .SETI was up 0.36 percent, earlier
rising to its highest since Oct. 14, boosted by a 2.6 percent
gain in top coal miner Banpu BANP.BK.

PTT Chemical PTTCH.BK was up 1.2 percent while top energy
firm PTT PTT.BK rose 0.4 percent.

KGI's Rakpong said the setting for commodity prices in
general remained positive amid the continued fall in the US
dollar .DXY.

Indonesia's index .JKSE gained 0.5 percent, touching its
highest level since March 6, 2008, with Adaro Energy (ADRO.JK)
climbing 4.6 percent and Bumi Resources (BUMI.JK) 2.7 percent.

Singapore's index .FTSTI ended 0.7 percent higher, with
Keppel Corp (KPLM.SI) and Singapore Telecoms (STEL.SI) more
than 1 percent higher.

Malaysia's index .KLSE rose 0.4 percent, led by a rise of
nearly 2 percent in shipper MISC (MISC.KL) and a 1.5 percent
climb in gaming group Genting (GENT.KL).

The Philippines .PSI was up 0.8 percent at its highest
since Dec. 2, led by a 1.7 percent gain in Philippine Long
Distance Telephone (TEL.PS), the country's most valuable firm,
and a 3.2 percent gain in First Philippine Holdings Corp
(FPH.PS).

"The market showed good momentum with turnover of 4.35
billion pesos compared to 2.5 billion pesos yesterday," said
Grace Cerdenia from F. Yap Securities in Manila.

"Momentum was led mainly by large-caps, such as First
Philippine Holdings Corp, which was driven mainly by the
anticipation of a large yield from its dividends this year."

Vietnam's index .VNI gained 0.7 percent, with financial
firm Bao Viet BVH.HM and Binh Minh Plastics BMP.HM each
rising nearly 5 percent. [ID:nSGE60D054]
(Additional reporting by Alex McCaskill in Manila; Editing by
Alan Raybould)