TEMPO.CO, Jakarta – Investment Minister Bahlil Lahadalia expressed his optimism that Indonesia is far from recession, its economic growth in 2022 will be above 5 percent, and investment realization will reach the target of Rp1,200 trillion. “For 2022, we are optimistic that, inshallah, we can achieve the economic growth target of above 5 percent and investment, inshallah, reach Rp1,200 […]
Read MoreThe Ministry of Labour and Vocational Training will convene a tripartite meeting on August 15 to negotiate a 2023 minimum wage in the garment sector. The meeting will be attended by workers’ representatives from trade unions and factory owner representatives. In a notice, the ministry said the meeting of the National Council on Minimum Wage […]
Read MoreThe baht opened at 35.75 to the US dollar on Monday, weakening from Friday’s close of 35.56. The Thai currency is expected to move between 35.65 and 35.85 against the greenback during the day and between 35.50 and 36 during the week, Krungthai market strategist Poon Panichpibool predicted. Poon said the baht will likely fluctuate […]
Read MoreMonetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the lowest in the world), instead of aiming to recover production and boost growth, which is needed after several years of pandemic. Monetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the […]
Read MoreSome business sectors are concerned about the effect of the Bank of Thailand’s anticipated interest rate hike on companies and the public, while related private and state organisations have vowed to do their best to mitigate the impact. The central bank’s Monetary Policy Committee (MPC) is scheduled to hold its next policy meeting on Aug 10, […]
Read MoreMyanmar’s central bank weakened its kyat currency from 1,850 to 2,100 per dollar on Monday, according to a statement published in a state newspaper. Myanmar’s economy has collapsed since the military seized power last year, halting a decade of reforms, putting pressure on the kyat’s value against the dollar, and driving up fuel and food […]
Read More
Thailand
