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Bank Indonesia Optimistic with Economic Growth of 7 Percent

TEMPO.CO, Jakarta – Bank Indonesia expressed optimism that the Indonesia’s economic growthwould stand above 7 percent this year after the country faced global uncertainty due to the US monetary policy and plummeting commodity prices last year. “To ensure the prosperity of Indonesian people, 5 percent [economic growth] wouldn’t be enough. [The economy] needs to grow […]

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Thailand: Nok Air sees silver lining

Thai Airways International’s refusal to subscribe to new shares of Nok Air could jeopardise THAI’s fight for control over the loss-ridden budget carrier. That would be good news for Nok Air, which has been less than keen to join the flag carrier’s new consolidation plan under the THAI Group concept. By rejecting Nok Air’s offering […]

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