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A digital readiness blueprint for the Philippines

A whole-of-government approach, with the participation of the private sector, is the way to get the Philippines ready for the coming ‘digital tsunami’ that will transform our lives. That is the major conclusion of the conference on digital future organized by the Carlos P. Romulo Foundation which was held on Wednesday. Two hundred participants and 30 speakers […]

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Global economy slowing down, Moody’s say

ECONOMIC growth will decelerate across advanced and emerging market economies, according to Moody’s research released yesterday.  In the US, the ongoing removal of monetary accommodation, waning fiscal stimulus, and restrictive trade policies will start weighing on financial markets and economic activity, the company said.  Other advanced economies will also see cyclical moderation towards trend growth. […]

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Malaysia: OPR stays at 3.25%

PETALING JAYA: The Overnight Policy Rate (OPR) has been maintained at 3.25%, with economists expecting the rate to be left unchanged through the first half of 2019. The last change in the OPR was in January this year, when the interest rate was raised by 25 basis points (bps). Bank Negara said in a statement […]

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Indonesia: Bappenas says 9.4m jobs created under Jokowi

The National Development Planning minister said on Thursday that about 9.4 million jobs had been created under the leadership of President Joko “Jokowi” Widodo, of which 2.99 million were created this year. Bambang Brodjonegoro, who is also head of the National Development Planning Agency (Bappenas), expressed his optimism that the President would achieve the 10 million jobs he had promised during his five-year […]

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