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Indonesia, Singapore announce currency swap agreement

President Joko “Jokowi” Widodo and Singaporean Prime Minister Lee Hsien Loong have agreed that Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) would have a currency swap agreement in facing the global uncertainty. The agreement was announced when the leaders met in Bali on Thursday. “Amid the global financial market uncertainty, cooperation is […]

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Thailand drops in ranking for expats in HSBC survey

As other Southeast Asian countries saw their positions unchanged or up in a survey of expats, Thailand and the Philippines went in the opposition direction.  This year, Thailand ranked 21st in HSBC’s Expat Explorer survey, down six places from a year ago.  The kingdom obtained high scores from expats in the categories of property and […]

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Thailand: NLA wants cyber law to cover poll fraud

The National Legislative Assembly (NLA) wants the government to enforce a new cyber law to control election campaigns on social media before next year’s general election.  Such a measure should be added to the cyber security bill, now being vetted by the government’s legal advisory body, the Council of State, as wrongdoings in the cyber world […]

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Indonesia: Airport operator invites investors to develop 11 airports

State-owned airport operator PT Angkasa Pura II (AP II) is inviting private investors to take part in the development of 11 airports under its management. AP II president director Muhammad Awaluddin said in Jakarta on Monday that by involving private investors and alternative financial sources, the airport development could be accelerated. “With such schemes, we can cut 50 percent of the […]

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