TEMPO.CO, Jakarta – A survey conducted by Bank Indonesia (BI) shows that retail sales increased in August 2018 due to the establishment of Asian Games. BI’s Communications Department Executive Director Agusman Zainal said the real sales index in August 2018 rose to 6.1 percent year-on-year (yoy), compared to July 2018 at 2.9 percent (yoy). “The increase influenced by […]
Read MoreBRENT crude oil prices are up more than 30 per cent this year and holding – but it won’t be a case of a rising tide lifting all boats. While the rally stirs hope for investors tracking the oil and gas sector, high oil prices are a concern for consuming companies in the aviation and […]
Read MoreHigh inflation and rising interest rates took center stage in the past month as these are viewed as major risks for the Philippines. Investors and economists paid close attention to the release of our country’s inflation data last week as rising prices have started to affect all Filipinos. Last Friday, the Philippine Statistics Authority reported […]
Read MorePUTRAJAYA: There are many kinds of good taxes that could be introduced to stimulate Malaysia’s economy in order to create a fair society as it strives to tide over its RM1 trillion debt, said Nobel prize-winning economist Joseph Stiglitz (pic). He cited them as inheritance taxes, capital gain taxes and property taxes for large holding properties, which were actually good for […]
Read MoreThe Bank of Thailand’s new rules to tighten mortgage lending are credit-positive to reduce property speculation, says Moody’s Investors Service. “The new mortgage-lending rules are credit-positive because they will help to reduce speculative buying and require banks to focus on borrowers with better credit quality,” said Moody’s. “We expect the measures to improve the asset […]
Read MoreMyanmar’s currency crisis seems to have eased in recent days as a result of government actions, and to the relief of some market observers who feared an Argentina-style meltdown was in the making. Analysts, however, believe this is only a temporary reprieve as the economic fundamentals that gave rise to the sudden crash remain. If […]
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