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Singapore households’ inflation expectations inch up to 2.97% in December: SMU survey

INFLATION expectations in Singapore stayed tame as geopolitical uncertainties cooled the euphoria from global economic growth, a survey by the Singapore Management University (SMU) showed on Tuesday. The results ofthe survey last month showed that Singapore households expect the median one-year-ahead headline inflation (or CPI-All Item inflation) to inch up to 2.97 per cent from […]

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Indonesia: BPS starts collecting data on e-commerce

The Central Statistics Agency (BPS) has started to collect data on e-commerce, the results of which will be used to help the government introduce a policy on the industry. Communications and Information Minister Rudiantara said for the initial step, the BPS would focus on the data collection of certain business sectors including transportation, specialty stores, […]

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Bank Indonesia: Foreign Debt Rises USD 347 billion

TEMPO.CO, Jakarta – Bank Indonesia (BI) recorded that Indonesia foreign debt until November 2017 amounted to USD 347.3 billion. The number is a 9.1 percent increase year on year (YoY). Based on borrower group, the public sector experienced a significant increase in foreign debt. Through the Foreign Debt Statistics, the central bank published that the position of the public sector foreign debt […]

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Bank Indonesia Calls on Gojek to Stop QR Code Payment System

TEMPO.CO, Jakarta – App-based ride-hailing service Go-Jek complied with the request of Bank Indonesia to stop the company`s trial of the QR-based electronic payment. “Bank Indonesia has recently asked Go-Pay to end the trial period. We are currently obeying the request,” said Go-Pay Chief of Compliance Officer Budi Gandasoebrata in a press release on Tuesday, January 16. Go-Jek trial tested their […]

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