TEMPO.CO, Jakarta – Bank Indonesia (BI) projects May’s inflation at 0.27 percent. This is based on a survey BI held in 82 cities in the second week of the month. On an annual basis, May’s inflation is estimated at 4.12 percent. “This is still in line with the government’s and BI’s target,” BI governor Agus Martowardojo […]
Read MoreFor the first month of this fiscal year, 36 businesses, approved under two older investment laws, have been permitted to operate, according to Myanmar Investment Commission (MIC) secretary U Aung Naing Oo. They include 24 foreign investments – worth US$656.277 million – and 14 domestic investments, which are worth US$186 million (or K366 billion), he […]
Read MoreE-commerce in Southeast Asia is ripe for fast-paced growth scenario given the region’s huge population and growing middle class, but countries need to address existing challenges to help the business reach its full potential, says a Google executive. Southeast Asia is a “hotbed” for mobile internet with about 130 million people now using smartphones out […]
Read MoreThe economy expanded at its fastest quarterly pace in four years in the first quarter, boosted by recovering exports, but monetary policy will likely remain loose to cushion still-subdued investment activity. The government raised its export outlook for 2017, suggesting the recovery was gaining traction but the economy still faces rising global trade protectionism and […]
Read MoreTEMPO.CO, Seattle – Lee Lik Hsin, CEO of Singapore Airlines subsidiary Scoot operating in Jakarta, Surabaya, and Denpasar, revealed that he had been in communications with Indonesian authorities. Lee added that Indonesian officials had visited Scoot to discuss flights. However, Lee did not reveal whether his company is planning to serve new flight routes outside the […]
Read MoreMALAYSIA is increasingly sounding like a country of economic corridors. And going by size, the latest inclusion in the corridor list is no small deal. Called the Malaysia Vision Valley (MVV), it will span 379,000 acres, or twice the size of Singapore, and is focused on a variety of industries, including healthcare, education and tourism. […]
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