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Indonesia: Lowering deficit will ease pressure against rupiah: Sri Mulyani

The government has said it would monitor fundamental indicators of the economy – as renewed pressures stemming from Turkey reverberated throughout emerging markets – while emphasizing its priority to narrow the current-account deficit (CAD). Finance Minister Sri Mulyani Indrawati said the government would monitor the implementation of the state budget and balance sheets of state-owned […]

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Singapore’s finance sector can support Asian development but risk management also key: Heng Swee Keat

SINGAPORE – Singapore is positioned to support the region’s development by financing infrastructure and enterprise in Asia, including bringing in private capital, said Finance Minister Heng Swee Keat on Friday (July 13). The Republic’s adoption of digital technology can improve transaction efficiency and raise financial inclusion, he added, calling higher access to financial services “a […]

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Asia Pacific digital economy seen as a ‘threat’

Almost half (47 per cent) of employees in Asia Pacific (APAC) see the rising digital economy as a threat to their jobs, according to a new report by Workday, a leader in enterprise cloud applications for finance and human resources. In a study conducted by Workday and global market intelligence firm, IDC, titled ‘The Drive […]

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Indonesia: Online Taxi App GoJek Expands to Four Southeast Asian Countries

TEMPO.CO, Surabaya – Indonesian application-based ride-hailing company GoJek confirmed that it will expand to four Southeast Asian countries, namely Singapore, Philippines, Thailand, and Vietnam. GoJek Indonesia corporate communication Vice President Michael Say explained that the company’s brand name for the Vietnam market will change to ‘GoViet’, while Thailand will take the name ‘Get’. “As for the two remaining countries; Singapore […]

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