While not particularly popular among retail investors, investment in the bond market provides prospects for a safe and steady income, as the government plans to issue more debt papers to fund the nation’s COVID-19 battle, a webinar has concluded. Handy Yunianto, head of fixed income research at Mandiri Sekuritas, said that low interest rates made […]
Read MoreRecipients of funds and training under the government’s preemployment card may not be able to practice the skills they learn through the program because the labor market has not recovered, experts say. Tadjudin Nur Effendi, an expert on labor issues from Gajdah Mada University in Yogyakarta, said the ongoing transition toward the so-called new normal, […]
Read MoreTechnology giant Gojek’s e-wallet GoPay announced on Tuesday a new gold-investment feature called GoInvestasi in partnership with investment fintech start-up Pluang. GoPay managing director Budi Gandasoebrata said the demand for investment through e-wallets had led to GoPay providing the investment platform. “That is why we are sure that an accessible and transparent investment feature is […]
Read MoreInvestors have dumped shares of processed food giant PT Indofood CBP Sukses Makmur following the company’s decision to acquire instant noodle manufacturer Pinehill Company. The move is viewed as detrimental to Indofood’s financial condition despite the potential boost to its global market outreach, analysts have said. Indofood CBP’s shares, trading under ICBP on the Indonesia […]
Read MoreIndonesian stocks and the rupiah exchange rate have soared in recent weeks as foreign investors flock to Indonesian assets and bet on a financial market recovery despite a bleak domestic economic outlook. The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), jumped 2.48 percent on Monday to 5,069 points in […]
Read MoreThe government aims to boost homeownership in Indonesia through its public housing savings program (Tapera), which requires employers and workers to contribute to a mortgage loan scheme similar to universal healthcare insurance. However, some employers and workers have said the program will be an added burden. Public Works and Housing Ministry Infrastructure Financing Director General […]
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Thailand
