BANDAR SERI BEGAWAN, Oct 19 (Borneo Bulletin/ANN): Brunei is seen posting the recovery in 2021, following the Covid-19 pandemic where the International Monetary Fund (IMF) is projecting that the Sultanate’s gross domestic product (GDP) growth to be 3.2 per cent next year while for its mid-term projections for 2025, IMF forecast the Sultanate’s growth to […]
Read MoreThe Ministry of Finance (MOF) has warned about problems with the Long Thanh International Airport project, citing capital arrangement capability. MOF has sent a document to the Ministry of Planning and Investment (MPI), showing its opinions about the draft report on the results of the feasibility study evaluation of Long Thanh International Airport (phase 1). […]
Read MoreMANILA, Philippines — The recovery of foreign direct investment (FDI) inflows demonstrates investors continued confidence in the Philippines’ long-term growth prospects, according to the Department of Finance (DOF) . In his latest economic bulletin, Finance undersecretary Gil Beltran said that while FDIs initially suffered following the imposition of lockdowns in mid-March, inflows showed a quick […]
Read MoreSINGAPORE: A day after the National Wages Council issued fresh guidelines on pay, tripartite partners followed up with an updated framework for retrenchments signalling that the job situation ahead remains grim. Employers must ensure objective criteria, such as ability, experience and skills, are used should they need to retrench workers. They should also lean towards […]
Read MoreFresh political tensions have spurred communication on social media, with posts shooting up almost 100% from normal days to 40 million on Thursday, says social media analytics firm Wisesight. Brands have begun to hold back on digital media spending in the fourth quarter as political messages flood online platforms, drawing attention away from commercial activity. […]
Read MoreBank Indonesia (BI) will hold its benchmark interest rate in the fourth quarter at 4 percent until the end of 2021 as the central bank focuses on maintaining a stable currency amid the COVID-19 induced uncertainty, analysts have said as they revise their previous projections. In a report released by JP Morgan Chase analyst Nur […]
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