WITH vaccines on the horizon and the first green shoots of economic recovery already starting to show across Asia, Indonesia’s future is looking brighter than it has for months, but if we must be proactive if we are to make the most of the opportunities that are appearing to return to sustainable growth. Indonesia has […]
Read MoreTRANSPORT operators in Malaysia and Indonesia are among the Asian infrastructure players tipped to benefit from the recovery in the regional infrastructure sector. The growth will be led by the sea transport industry, which is getting a boost from port throughput volume as the global economy recovers and trade improves. “Rated port operators were relatively […]
Read MoreInflation data THE Statistics Department is expected to report on the consumer price index (CPI) for February 2021 on Wednesday. Economists expect inflation to decline 0.5% in February although crude oil is in the mid-US$60 (RM250). CPI declined 0.2% in January 2021 to 122.1 as against 122.4 in the same month of the preceding year. […]
Read MoreWASHINGTON, United States — The World Bank on Thursday announced financing for Afghanistan, Bangladesh and Nepal to vaccinate their populations against Covid-19. Afghanistan will receive $113 million — including $60 million from the International Development Association (IDA), part of the Washington-based development lender that helps the world’s poorest nations — to “deploy safe and effective […]
Read MoreINTRODUCING more progressive income tax and property tax systems can help address the worsening income gaps that have proliferated after the pandemic, said Masatsugu Asakawa, Asian Development Bank’s (ADB) president, on Wednesday. He also called for cooperation among countries to close tax loopholes that multilateral businesses can use to avoid tax burdens, and mooted carbon […]
Read MoreInvestors are confident in the long-term future of the Asia-Pacific hotel market despite the continuing pressure of the pandemic on tourism and hospitality, says the property services company JLL. According to a survey of around 100 investor clients in January this year, about 70% say they are bullish on the Asia-Pacific hotel market and are […]
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