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Indonesia: Rupiah Rises on Relaxation of Trade War

TEMPO.CO, Jakarta – The Indonesian currency rupiah rose in value in inter bank transaction on Monday afternoon gaining 35 points to close at the level of 14,246 per U.S. dollar from 14,281 earlier. Rully Nova, a financial market observer from Bank Woori Saudara Indonesia, said on Monday that the relaxation of trade war between the two world`s economic […]

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Thailand: Bankers prepare to aid VAT refund policy

The Thai Bankers’ Association stands ready to discuss cutting debit card issuance fees as requested by Finance Minister Apisak Tantivorawong, to add to the government’s proposed value-added tax (VAT) refunds during next year’s Chinese New Year.  The association’s members have yet to discuss the issue, but it stands ready to invite all 15 bank members to […]

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