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Indonesia: Domestic Factors Cause Rupiah’s Strengthening: BI

TEMPO.CO, Jakarta – The rupiah strengthened against the US dollar at the start of 2018 thanks to the improving domestic economy, Bank Indonesia (BI) Governor Agus Martowardojo said. “I think the confidence in the domestic economy has played a great role,” he stated on Wednesday. The improving domestic economy is reflected by the rising inflow of foreign fund […]

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Philippines leads ASEAN manufacturing performance in Dec

MANILA, Philippines — Manufacturing conditions in the ASEAN region were weaker in December, weighed down by slow growth in output and high cost of inputs, according to the latest reading of the Nikkei ASEAN Manufacturing Purchasing Managers Index (PMI). The headline Nikkei ASEAN Manufacturing PMI for December stood at 49.9 in December from 50.8 in […]

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