indo01
Read More

Indonesia: SOEs to receive Rp 40t injection in 2021, support economic recovery

Indonesia will provide Rp 42.38 trillion (US$2.95 billion) in state capital injections (PMN) for state-owned enterprises (SOEs) in 2021 to boost their role in supporting the country’s economic recovery. Finance Ministry state assets director general Isa Rachmatarwata the PMN for SOEs was expected to spur economic recovery, adding that the government would oversee the disbursement […]

Read More
logo
Read More

Malaysia’s September industrial output up one per cent

KUALA LUMPUR (XINHUA) – Malaysia’s Industrial Production Index (IPI) increased one per cent in September 2020 compared to the same month of the previous year, driven by the manufacturing index, official data showed yesterday. The Malaysian Statistics Department said in a statement that the growth was underpinned by the manufacturing index which grew 4.3 per […]

Read More
3805303
Read More

Thailand: SEC en route to complete rule guillotine

The Securities and Exchange Commission (SEC) is scheduled to complete its regulatory guillotine plan by 2022, meant to cut redundant regulations and tighten bureaucratic processes. It is designated as a key project under the SEC’s 20-year strategic plan (2018-37). The regulatory guillotine is a review of existing laws and regulations with the objective of reducing […]

Read More
phil03
Read More

Philippine economy shrinks 11.5% in Q3, easing from record

MANILA, Philippines (UPDATE 11:47 a.m., Nov. 10) — The Philippine economy slipped anew into negative territory in third quarter, but the collapse moderated from a record-breaking plunge the previous 3 months after lockdowns were relaxed, businesses reopened and people were allowed to go out. Gross domestic product (GDP) sank 11.5% year-on-year in July-September period, a reversal of […]

Read More