BANK lending in Singapore inched 0.6 per cent higher in August from a month ago, as continued contraction in consumer loans was offset by a rise in business loans, preliminary data from the Monetary Authority of Singapore showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar […]
Read MoreMANILA, Philippines — Albay Rep. Joey Salceda is planning to file a bill that seeks to put in place a new tax regime for the mining industry, and set up a sovereign wealth fund for development projects of future administrations. Salceda, who also chairs the House Committee on Ways and Means, said he is drafting […]
Read MoreThe idea of moving Thailand’s capital to another province has resurfaced after the country’s leader, perhaps unintentionally, told a crowd about two approaches for possible relocation. The plan echoes the recent announcement by the Indonesian government that it will move its capital from Jakarta, located on the island of Java, to the province of East […]
Read MoreThailand slipped one place to 40th in the World Digital Competitiveness Index 2019, partly because of a lack of public access to digital public services and subpar participation in public decision-making. The rankings, which cover 63 countries, were released on Thursday. The index was commissioned by the IMD World Competitiveness Center, a think tank under […]
Read MoreAs the partner country of next April’s 2020 Hannover Messe, Indonesia looks set to seize the opportunities presented at one of the world’s largest trade shows held in the north German city. Jochen Köckler, chairman of the managing board of Deutsche Messe AG, organizer of the annual trade fair, told the media Wednesday the event would help Indonesia accelerate […]
Read MorePETALING JAYA: The government will raise a total of RM135.7bil gross direct debt in 2019, of which 61%, or RM83.3bil, will be used to redeem the federal government’s outstanding debt. The remaining amount of RM52.4bil will be utilised for the government’s development expenditure such as roads and infrastructure as budgeted and approved by Parliament in […]
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