ASEAN Economic Community Strategy Center

Indonesia: Money in circulation up 12% in 2018

The amount of money in circulation in 2018 is predicted to grow by 10 to 12 percent from Rp 694.8 trillion (US$5.18 billion) in 2017, on the back of many political agendas stimulating the economy. Bank Indonesia (BI) money management head Suhaedi said the central bank projected the average growth of the total currency in […]

Vietnam: Vinachem forced to divest from 4 projects sustaining millions of USD loss

The Hanoitimes – Under the newly-approved restructuring plan, the Vietnam National Chemical Group (Vinachem) will be allowed to hold over 65% shares at Apatite Vietnam. The Deputy Prime Minister Vuong Dinh Hue has signed the Decision approving the restructuring plan of Vinachem in period 2017 – 2020, as such, Vinachem will hold less than 50% stakes […]

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Indonesia: Money in circulation up 12% in 2018

Vietnam: Vinachem forced to divest from 4 projects sustaining millions of USD loss