KUALA LUMPUR, Dec 14: Malaysia Airlines was named the leading ASEAN Airline in Indonesia at the recent 8th Indonesia Travel Tourism Awards (ITTA) 2017/18. Featuring an impressive list of travel brands across the Indonesian tourism industry, the airline was among 160 nominees across 50 categories. Receiving the award on behalf of Malaysia Airlines was Regional Manager […]
Read MoreMANILA, Philippines — After the Philippine economy grew faster than expected in the third quarter, the World Bank has upwardly revised its 2017 growth projection for the country to 6.7 percent. In a statement issued on Friday, the Washington-based multilateral lender said it upgraded its economic growth forecast for the Philippines from the previous estimate of […]
Read MoreThe World Bank (WB) has said newly appointed Director General of Taxation Robert Pakpahan, who assumed office on Dec. 1, needs to create programs to draw more taxpayers in trying to boost the country’s tax revenue. Speaking during the launch of the World Bank’s December edition of the Indonesia Economic Quarterly, WB Indonesia lead economist Frederico Gil […]
Read MoreForeigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of the Condominium Law, which was approved last year. The rules, which were signed by the Union Minister for Construction on December […]
Read More[JAKARTA] Indonesia posted a trade surplus for a fourth consecutive month in November, the statistics bureau said on Friday, although narrower than expected. The November surplus was US$130 million, the bureau said, the smallest so far this year. It was supported by continued growth of commodities exports to main shipping destinations such as China and […]
Read MoreCOME Jan 1, there will be a new measure to help borrowers avoid accumulating excessive unsecured debts. The new Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. Under the new measure, where an […]
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