indo01
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Indonesia plans to inject $2.5b into SOEs next year to stimulate economy, resolve Jiwasraya scandal

The government has proposed providing Rp 37.38 trillion (US$2.5 billion) in capital injections for state-owned enterprises (SOEs) next year, some of which will be used to resolve the investment mismanagement scandal involving state insurer PT Asuransi Jiwasraya. During a meeting with House Commission XI overseeing financial affairs on Tuesday, Finance Minister Sri Mulyani Indrawati said […]

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malay03
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Malaysia: Ringgit heads for a strong finish

PETALING JAYA: The ringgit is heading for a strong close against most major currencies at the end of the third quarter, with the local economy showing resilience amidst the pandemic that is continuing to wreak havoc on many countries. On Tuesday, the ringgit was at a seven-month high against the US dollar at 4.133 The […]

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