TEMPO.CO, Jakarta – Financial Services Authority (OJK) chairman Wimboh Santoso said the growth of bank loan during 2017 was quite well. The loans grew 8 percent from the target set at 10 to 12 percent. However, Wimboh claimed that he was not satisfied with the achievement. “It should be higher in the future,” he said in Jakarta, on Thursday, […]
Read MoreMANILA, Philippines — The Philippine economy likely grew 6.7 percent during the last three months of 2017 on account of strong domestic demand, Moody’s Analytics said. “The Philippines’ economy has been a standout in recent years, underpinned by strong domestic demand and favorable demographics,” Moody’s said in its January 18 market outlook. “Domestic demand likely […]
Read MoreInvestor interest in Southeast Asia’s digital and technology start-ups has been on the rise of late, with private equity firm Belt Road Capital Management (BRCM) injecting A$2.25 million in Digital Classifieds Group (DCG), an online classifieds business, on Thursday. Although based in Australia, DCG has launched online portals in countries such as Cambodia, where it […]
Read MoreThe Hanoitimes – Vietnam will continuously apply trade remedies in accordance with the World Trade Organization (WTO) rules and signed free trade agreements’ commitments to protect legal interest of domestic steel producers against imported products in 2018. According to the Ministry of Industry and Trade (MoIT), it will quickly prevent the fraud in the use of […]
Read MorePresident Joko “Jokowi” Widodo called on banks to diversify their loan disbursement to micro, small and medium enterprises (MSMEs) to help them expand their businesses. “I see the debtors [of banks] are the same people over the years. I want more people to have access to banks,” he said at a Financial Services Authority (OJK) […]
Read MoreWorkers and employers are still not satisfied with increases in the minimum daily wage following seven hours of talks involving a tripartite wage committee. However, the government has insisted that the new wage hikes are most suited for the current economic conditions. The minimum daily wages will increase nationwide from April 1 in a range […]
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Thailand
