Public investment should play a “central role” in boosting the economies of emerging and advanced economies as they struggle to recover from the coronavirus downturn, the International Monetary Fund (IMF) said Monday. With interest rates at rock bottom around the world, the Washington-based crisis lender said now is the time for governments to take action […]
Read MoreThe Law and Human Rights Ministry is developing a web-based application called PRISMA to assess companies’ operational risks related to human rights abuses, from land affairs to deforestation and forced eviction to labor rights. PRISMA will be a voluntary self-assessment that covers 11 indicators, namely a company’s profile, human rights policy, grievance mechanism, supply chains, […]
Read MoreThe government is pinning its hopes on foreign investment and state spending to improve economic growth next year, following the expected deliberation of the omnibus bill on job creation this week, the country’s top officials have stated. The Finance Ministry’s Fiscal Policy Agency head, Febrio Kacaribu, said on Oct. 2 that economic reforms through the […]
Read MoreThe possible amendments to the 1999 and 2004 Bank Indonesia (BI) Laws and the issuance of a regulation in lieu of law (Perppu) on financial system reform may interfere with the central bank’s independence, economists have warned. In a virtual discussion held by the Institute for Development of Economics and Finance (Indef), the institute’s senior […]
Read MoreIndonesian education technology (EdTech) companies have the potential to expand to a wider market, including vocational training and the digitization of schools, as the COVID-19 outbreak has increased the need for such services, experts have said. “EdTech is still an uncharted territory with a few players and plenty of potential. It is also very segmented, […]
Read MoreThe Indonesian government has disbursed Rp 304.6 trillion (US$20.5 billion), or 43.8 percent of the Rp 695 trillion national economic recovery (PEN) budget, as of Sept. 28, with social safety net spending accelerating but healthcare spending still lagging. The government had spent Rp 150.8 trillion, or 74 percent of the social safety net budget, in […]
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Thailand
