VIENTIANE — It is Saturday afternoon in tourist high season, and Vientiane is very quiet. Most shops are closed for the weekend. A couple of Asian tour groups ascend the Patuxai, the Laotian capital’s answer to the Arc de Triomphe. On every floor, stalls are packed with five-year-old photocopies of the Lonely Planet guide to […]
Read MoreTEMPO.CO, Jakarta – E-money has gained increasing popularity recently. The ease in use and the mandatory use in a number of places have made it soar dramatically. “Based on Bank Indonesia (BI) Payment System Statistics, until Desember 2017 the number of e-money reached 90 million instruments,” as quoted from Bisnis.com on Saturday (17/2). Such a number indicated a decline from 113 million in November. Nevertheless, compared to Desember 2016 with 51 million, the […]
Read MoreTEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indarwati commented on the data released by Central Statistic Agency (BPS) saying Indonesia’s trade deficit reached US$676.9 million in January 2018. She said it reflected domestic needs for raw materials and capital goods. “If the imports comprised raw materials and capital goods, this would be a sound indicator of manufacturing […]
Read MoreTEMPO.CO, Jakarta – Indonesia and Singapore agreed to enhance cooperation in investment and vocational training especially in industrial sector. Industry Minister Airlangga Hartarto stated that this will strengthen partnership of the two countries in order to complete each other’s economic potential. “Singapore is one of neighboring countries that plays a strategic role for the interests of both Indonesia and the region,” Airlangga said on Sunday (18/2). […]
Read MoreMANILA, Philippines — The Department of Finance (DOF) has invited the Alibaba Group to partner with the Duterte administration and the private sector for the establishment of an inclusive financial system in the Philippines that would drive growth in rural communities and empower small businesses. During a meeting with Alibaba officials earlier this month, Finance […]
Read MoreKUALA LUMPUR: Malaysia underwent its seventh Trade Policy Review (TPR) at the World Trade Organisation in Geneva, an exercise mandated by the WTO agreement to ensure transparency of trade policies and measures. The exercise which took place from Feb 14-16 is done every four years and Malaysia’s TPR was for the period between 2014 and […]
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Thailand
