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Bank Indonesia raises policy rate to 4.50 percent

Bank Indonesia (BI) has raised its policy rate as it seeks stability amid lingering external pressures, while hinting at further increases down the line. The central bank’s seven-day reverse repo rate was increased by 25 basis points to 4.50 percent, while lending facility and deposit facility rates were also raised by 25 bps, to 5.25 […]

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Myanmar: Yangon unveils priority projects for investment, eyes sustainable urban development

More than 1,000 local and international investors took part in the Yangon Investment Forum 2018 (YIF 2018) in Myanmar’s former capital last week. Organised by the Yangon Region Investment Committee (YRIC) and the Directorate of Investment and Company Administration (DICA), YIF 2018 was designed to showcase Yangon as a leading investment destination in Asia. Yangon […]

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Myanmar likely to open more sectors to FDI

A SURGE in interest among global players following the liberalisation of Myanmar’s education sector to foreign investors has motivated the authorities to continue opening up the economy in other restricted sectors. Thant Sin Lwin, deputy director general at the Directorate of Investment and Company Administration (DICA), said at a press conference on Tuesday that Myanmar […]

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