Jakarta (VNA) – The high inflation rate in Indonesia is likely to continue in 2023, as Bank Indonesia (BI) projects that prices will remain at a high level. BI Governor Perry Warjiyo recently warned that the inflation rate may hover above its targeted 2 to 4% next year. There is a risk that inflation may exceed the upper limit of the […]
Read MoreCompetition is increasingly fierce, so tech giants are interested in investing in research and development (R&D) to maintain growth and beat their competitors. In April 2022, during a meeting with the Vietnamese media, Serg Bell – the co-founder of unicorn start-up Acronis – said that after surveying Indonesia, Thailand, Malaysia, Myanmar, the company found that […]
Read MoreThailand’s Transport Ministry is working with its Malaysian partner to develop a high-speed rail network that will connect four member countries of the Association of Southeast Asian Nations (Asean) and China, according to a media report. Permanent Secretary for Transport Chayatan Phromsorn met with his Malaysian counterpart Isham Ishak and companies from the neighbouring country […]
Read MoreSINGAPORE will launch new initiatives to attract top foreign talent, particularly for key sectors, as it ramps up efforts to build a world-class talent pool, Prime Minister Lee Hsien Loong said in his National Day Rally speech on Sunday (Aug 21). Without giving details, PM Lee said that the Ministry of Manpower, Ministry of Trade […]
Read MoreMANILA, Philippines — Private sector economists see inflation breaching the two to four percent target range set by the Bangko Sentral ng Pilipinas (BSP) until next year amid supply constraints and elevated global oil prices. Dennis Lapid, officer-in-charge of the Department of Economic Research at the BSP, said the results of the BSP’s survey of […]
Read MoreIn a post-Brexit strategic move that distances it further from European Union countries, the UK will replace the Generalised Scheme of Preferences (GSP) for the developing countries with a new trading instrument early next year. Named the Developing Countries Trading Scheme (DCTS), the new instrument offers additional tariff concessions to products imported from developing countries. […]
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