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Hanoi follows international development investment trend: Indonesian Ambassador

The Hanoitimes – Hanoi must keep following the international development trend, to catch up with the new technology and science to avoid making Hanoi`s investment environment obsolete. This was announced by Indonesian Ambassador to Vietnam Ibnu Hadi, in an interview granted to Hanoitimes, during “Hanoi 2018 – Cooperation, Investment and Development” conference on June 17 at the […]

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Bank Indonesia says another rate hike possible

Bank Indonesia (BI) Governor Perry Warjiyo said the latest developments regarding the United States Federal Reserve and European Central Bank (ECB) would be at the top of the agenda at the next BI board of governors meeting. Perry said at the meeting, which will be held on June 27 and 28, the board will discuss the measures needed to stabilize the country’s economy, […]

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Philippines: Wage hikes to cut jobs — businessmen

MANILA, Philippines — Raising wages further would lead to job losses, while suspending the Tax Reform for Acceleration and Inclusion (TRAIN) Law would not address inflation, said foreign business leaders. “While wages, in conjunction with inflation and soaring commodity prices, have always been concerns that need to be addressed, but also here, a balance must […]

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