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Pompeo praises Indonesia’s reform effort to cut red tape

JAKARTA: The United States has praised the Indonesian government’s effort in addressing the issues of regulatory roadblocks, corruption and non-transparency in the business sector as it seeks to strengthen economic ties with the archipelagic country. “As I say in most every country looking to create wealth for its people, the private sector needs the right […]

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Thailand: FPO upgrades 2020 GDP decline to 7.7%

GDP contraction is projected to be less severe than previously estimated based on a recovery among Thailand’s Asian trading partners, without factoring in domestic political turbulence, says the Fiscal Policy Office (FPO). The FPO’s latest economic forecast upgrades GDP contraction this year to 7.7% from a 8.2% decline projected in July, said Pornchai Theeravet, deputy […]

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