PETALING JAYA: Bank Negara is keeping its options open for a second interest rate hike this year, according to economists, which should hold the ringgit on a stronger footing. The local currency had strengthened 3% so far this year at 3.89 against the weakening US dollar. “We think Bank Negara has not closed the door […]
Read MoreSINGAPORE: Singapore on Monday announced it plans to raise its sale tax to 9 percent from 7 percent, but said the change will be only be made ”sometime” between 2021 and 2015. Finance Minister Heng Swee Keat told parliament of the plans to raise the Goods and Services Tax (GST), which has been at 7 […]
Read MoreTEMPO.CO, Jakarta – Malaysia hopes Indonesia will not stop sending female migrant workers (TKW), who work as household assistants (PRT) following the death of Adelina Jemira Sau in Bukit Mertajam, Penang, Malaysia. Deputy Prime Minister of Malaysia, Dr. Ahmad Zahid Hamidi, said Indonesia’s drastic action will only harm both countries. Ahmad Zahid, who is also Minister of Home Affairs, […]
Read MoreTEMPO.CO, Jakarta – The Master’s Programme in Notary Studies Chairman Widodo confirmed the number of notaries in Indonesia is still insufficient. Widodo pointed to a number of eastern Indonesia still very lacking in notary services. “Even in Kaimana, Papua, there is only one notary,” he stated. Widodo also remarked the quality of notary depends on the college where he […]
Read MoreThe Bank of Thailand (BOT) is expected to raise the policy rate at a gradual pace this year, given the upward trend for global interest rates and consistent Thai economic expansion, according to TMB Analytics. The Federal Reserve is foreฌcast to hike its benchmark rates by three times this year and if the BOT does […]
Read MoreThe Thai economy grew by 4 per cent year-on-year (yoy) in the last quarter of 2017, while full-year growth was 3.9 per cent, up from 3.3 per cent in 2016, said Porametee Vimolsiri, Secretary General of the National Economic and Social Development Board on Monday. Seasonally adjusted, the economy in the fourth quarter expanded 0.5per […]
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