MANILA: The Philippine government, seeking to reduce concerns about a sliding peso, said the country’s strong economy and attractiveness for investors will bolster the currency. Economists say global political uncertainties and import-driven demand for dollars have caused the peso’s recent fall. The peso, Asia’s worst performing currency this year, hovered slightly above Friday’s 11-year low […]
Read MoreTEMPO.CO, Jakarta – The trilateral partnership forum of Indonesia, Malaysia, and Thailand, is currently discussing on strengthening the services of halal products in the ASEAN region and a mutually beneficial economic improvement. Minister of Religious Affairs Lukman Hakim Saifuddin said that the Indonesia-Malaysia-Thailand growth triangle (IMT-GT) forum is a strategic moment to build an alliance between three countries in […]
Read MoreIn 2017, Myanmar is projected to generate a maximum of 2,700 megawatts of electricity, up from around 2,500 MW in 2016, as the population expands and demand for power in the country continues to rise. Yangon, its largest city, is expected to generate almost half, or 1,300 MW of the country’s maximum electricity demand for the year, and […]
Read MoreJAKARTA – Facebook finally opens its office in Indonesia as the country has 65 million daily users. Social media giant Facebook opened its office in Indonesia on Monday, after years of operating in the country. Facebook Indonesia country director Sri Widowati invited journalists for a tour of the office in South Jakarta. “With the opening of our office here, we want to show our commitment to […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati is optimistic to meet this year’s tax revenue target, provided there are additional efforts in the second semester. Tax revenue i growth in the first half of 2017 reached 12.4 percent, year-on-year. “We continue to work in the second half, by going through state revenue sources,” he said, last weekend. Sri asked the Tax Directorate General to identify sectors with improving commodity prices and business climate, to boost the potential […]
Read MoreTEMPO.CO, Jakarta – Indonesia and Vietnam have agreed to strengthen bilateral ties in order to enhance trade activities at the ASEAN level. “Our strategy is to strengthen Vietnam’s position as Indonesia’s main regional chain of supply in ASEAN,” said Trade Minister Enggartiasto Lukita on Monday, August 14. Enggartiasto said that the strategy is more practical for Indonesia instead of […]
Read More
Thailand
