TEMPO.CO, Jakarta – Bank Indonesia (BI) plans to increase its 7-day reverse repo benchmark rate by over 25 basis points (bps). DBS Bank research group economist Gundy Cahyadi told Antara on Sunday, March 12, 2017, that The Federal Reserve’s plan to increase interest rates this month may trigger Bank Indonesia to follow suit. Considering current […]
Read MoreAs Thailand continues to negotiate more free trade agreements (FTAs), local businesses often struggle to reap the rewards of lower or zero tariffs offered for shipments. The Commerce Ministry reported exporters took advantage of US$52.5 billion worth of FTA preferences and lower tariffs allowed by the Generalised System of Preferences scheme last year, a rise […]
Read MoreIts sustainability may be difficult due to new financing schemes PETALING JAYA: The high level of household debt in the country is far from over and has room to creep up although the latest data by Bank Negara showed slower growth in household loans last year. Economists and analysts told StarBiz that although the household […]
Read MoreTEMPO.CO, Jakarta – Hundreds of regional elections will be held simultaneously in Jakarta and other regions on Wednesday, February 15, 2017. Expert says that the elections, particularly that of Jakarta, would not have a significant impact on the economy. “Jakarta gubernatorial election’s impact on the economy [will be] limited,” SKHA Institute for Global Competitiveness chief economist […]
Read MoreA warehouse operator in Singapore is shaping up to be Asia’s biggest buyout deal. Three private equity groups are working on bids for Global Logistic Properties Ltd. by an early February deadline, according to people familiar with the matter. Blackstone Group LP is considering going head-to-head with a Warburg Pincus consortium and a Chinese group […]
Read MoreSINGAPORE (REUTERS) – Singapore’s non-oil domestic exports in December were expected to rise from a year earlier, but analysts remain cautious about the outlook, a Reuters poll found on Friday (Jan 13). Non-oil domestic exports likely rose 5.8 per cent from a year earlier, according to the median forecast in the survey of 10 economists. […]
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