TEMPO.CO, Jakarta – Chief of Commisioners of the Indonesia Deposit Insurance Corporation (LPS) Halim Alamsyah said that interest rate for consumer credit will be the most affected by the increase of Bank Indonesia 7 Day Repo Rate (7DRR). The increase in 7DRR will increase the consumer credit interest rate. “So if there is an interest rate increase, […]
Read MoreThe Commerce Ministry plans to remove five services on List 3 of the Foreign Business Act (FBA), opening them up to free competition to facilitate trade and investment in Thailand. The five are accounting, legal, space rental, lending and consulting services. The Foreign Business subcommittee will consider reviewing the business list annexe under the FBA in […]
Read MoreTEMPO.CO, Jakarta – Head of the Indonesian Employers Association (Apindo) Hariyadi Sukamdani, said that the government’s policy on the 13th salary and Eid Al-Fitr bonus for civil servant, police, the army, and pensioners has a positive impact in local regions. Hariyadi said that some regions known as a tourist destination have shown an increase in hotel occupancy rates. “The […]
Read MorePETALING JAYA: An alternative proposal to have a railway link to Singapore by upgrading the present infrastructure will only cost the government RM20bil – much lower than the high speed rail (HSR) project which will cost between RM60bil and RM70bil. The proposal will also save the government some RM500mil as it will not need to […]
Read MoreMANILA, Philippines — Inflation may have already peaked at 4.6 percent in May and may slowly taper in the coming months, according to the National Economic and Development Authority (NEDA). In an interview, Socioeconomic Planning Secretary Ernesto Pernia said the rate of increase in inflation has already decelerated, and that inflation is expected to slowly […]
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Thailand
