MANILA, Philippines — The Philippines may impose stricter trade measures against Indonesia after the ASEAN neighboring country decided not to ease up on its protocols and open their market access. Agriculture Secretary Emmanuel Piñol said the trade negotiations between the two countries did not yield positive results for the Philippines last month. “It was not […]
Read MoreThe government is in talks with private companies that have expressed interest in constructing solar panels for houses and other buildings, as the government does not allocate funds for such projects. The cost to install a solar panel is estimated at Rp 27 million (US$1907) per unit for one that produces between 1.6 and 1.7 kilowatt (kW) […]
Read MoreThe government has lowered its coal production target for this year to 480 million tons in an effort to stabilize the global coal price, an official has said. Last year’s target was 485 million tons, 25 percent of which was allocated to the domestic market obligation (DMO). Energy and Mineral Resources Ministry mineral and coal […]
Read MoreThe Financial Services Authority (OJK) has issued a regulation on equity crowdfunding that offers shares through information technology. OJK Regulation No. 37/ POJK.04 /2018 issued on Dec. 31, 2018, is to provide space for startup companies to obtain funding through the stock market as well as expand financial inclusion. “The OJK as the supervisory authority applies supervision […]
Read MoreTrade Minister Enggartiasto Lukita has estimated that export growth in 2018 would reach only 7.5 percent, far below the targeted 11 percent, although the official result has not been released. Last year’s 11 percent target was already lower than the 16 percent export growth achieved in 2017. Enggartiasto has attributed the lower export growth to global economic turbulence that led […]
Read MoreBank Indonesia (BI) and the Finance Ministry signed an agreement on Monday on the integrated data monitoring on foreign exchange, particularly relating to exports and imports. The cooperation was marked by the launch of the Integrated Monitoring Real Time Information Data of Foreign Exchange (SiMoDis) signed by BI Governor Perry Warjiyo and Finance Minister Sri […]
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Thailand
