Indonesian rupiahs, coins and banknotes
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Indonesia’s FDI valued nearly USD11B in Q3

JAKARTA (XINHUA) – Indonesia has recorded a total of IDR169 trillion (about USD10.85 billion) of foreign direct investment (FDI) in the third quarter (Q3) of 2022. The FDI realisation growth in the third quarter reached 63.6 per cent on a yearly basis, Investment Minister Bahlil Lahadalia said at a press conference. China, Singapore, Japan, and […]

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Businessman analyzing chart and graph showing changes on the market
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Brunei: Merchandise trade sees 36.6pc increase y-o-y

There was a 36.6-per-cent increase in total merchandise trade from BND2,200.2 million in July 2021 to BND3,0004.7 million in July 2022.However, a decrease of 7.4 per cent was recorded compared to June 2022, said the Department of Economic Planning and Statistics, Ministry of Finance and Economy (MoFE) yesterday. It continued that total exports increased by […]

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A man shows currency notes imprinted with portrait of General Aung San, late father of Myanmar leader Aung San Suu Kyi, outside Myanmar Economic Bank in Yangon, Myanmar. PHOTO: AP
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Myanmar downplays blacklisting by money laundering watchdog

BANGKOK (AP) – Myanmar’s central bank has promised improvements and warned against currency manipulation after an international watchdog put the military-controlled country on a terrorism and financial crimes blacklist. The Financial Action Task Force (FATF) recommended that Myanmar be included among countries requiring stronger due diligence, citing deficiencies in its enforcement of precautions against money […]

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Philippines: Domestic trade plunges in Q2

DOMESTIC trade contracted in the second quarter even as the economy was further reopened, preliminary data released by the Philippine Statistics Authority (PSA) on Monday showed. The value of goods traded within the country fell by 17.9 percent to P190.09 billion from P231.51 a year earlier. Volume-wise, the plunge was a steeper 23.9 percent to […]

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