TEMPO.CO, Jakarta – Bank Indonesia stated that rupiah redenomination or simplifying the number of digits in the rupiah, such as from Rp1,000 to Rp1, has been prepared for a long time. The country’s central bank Governor Perry Warjiyo claimed that Bank Indonesia is ready to carry out the plan. Perry explained that he had paid attention to the […]
Read MorePETALING JAYA: Malaysia’s fiscal position and its economy is not expected to take a hit amid pressures and volatility in the global oil market. The nation as a net exporter of the commodity has buffers in the form of oil royalties which would cushion any impact from potential lower oil prices and not affect its […]
Read MoreDomestic sales of commercial cars and pickups slowed in May based on a variety of factors, ranging from stricter lending standards and weak purchasing power to political uncertainty, says Toyota Motor Thailand. The trend will likely continue in June as banks maintain tougher criteria for granting loans, attributed to the high rate of household debt and […]
Read MoreSINGAPORE’S manufacturing output slid 10.8 per cent on year in May, worse than April’s surprise 6.5 per cent fall and the median 7.3 per cent contraction forecast by private-sector economists in a Bloomberg poll. The month’s figures marked the eighth straight month of decline, data from the Singapore Economic Development Board indicated on Monday (Jun […]
Read MoreLaos experienced its fourth consecutive fuel price hike in June due to inflation, the depreciation of the Laotian Kip (LAK), and the war in Ukraine, affecting businesses and consumers alike, with no clear solution in sight. The latest fuel price adjustment report has revealed a significant hike in fuel prices across Laos, varying slightly from province to […]
Read MoreThailand has agreed to extend the work permit of nearly 40,000 Cambodian migrant workers, bringing relief to their families. Media reports from Thailand said yesterday that the Labour Department officials of both countries came to an agreement to facilitate the renewal of the work permits of the migrant workers. The workers will be allowed to […]
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Thailand
