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Indonesia: Elections will Not Disrupt Investment: Minister Wiranto

TEMPO.CO, Jakarta – Coordinating minister for security, political and legal affairs Wiranto assured on Wednesday that implementation of elections in the country this year and next year would not disrupt investment security. Security will be maintained, he said. “Although there will be regional elections in 2018 and legislative as well as presidential elections in 2019 we can […]

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Malaysia: Credit card interest charges to stay

MALAYSIA will not abolish interest charges imposed on credit cards used in retail shopping, Deputy Finance Minister Datuk Othman Aziz said. Abolishing interest on credit card usage does not necessarily benefit the Malaysian economy. Instead, it could encourage excessive spending and a general lack of discipline among credit card holders, he said in reply to […]

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Global trade war biggest risk for Singapore, say economists

PRIVATE-SECTOR economists have flagged the threat of a global trade war as the biggest downside risk for Singapore’s economy, even as they raised their 2018 growth forecast for the second consecutive time. In the Monetary Authority of Singapore’s quarterly survey of professional forecasters, out on Wednesday, trade protectionism was the top downside risk, cited by […]

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Philippines: Easing restrictions key to attracting FDI — MVP

MANILA, Philippines — The Philippines can attract more foreign direct investments (FDIs) by easing restrictions on industries relying heavily on significant technological capability, expanding incentive options by going beyond offering tax holidays, improving ease of doing business, and honoring contracts across administrations, businessman Manuel V. Pangilinan said. Pangilinan, in a speech read yesterday by MVP […]

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