Indonesia will provide Rp 42.38 trillion (US$2.95 billion) in state capital injections (PMN) for state-owned enterprises (SOEs) in 2021 to boost their role in supporting the country’s economic recovery. Finance Ministry state assets director general Isa Rachmatarwata the PMN for SOEs was expected to spur economic recovery, adding that the government would oversee the disbursement […]
Read MoreKUALA LUMPUR (XINHUA) – Malaysia’s Industrial Production Index (IPI) increased one per cent in September 2020 compared to the same month of the previous year, driven by the manufacturing index, official data showed yesterday. The Malaysian Statistics Department said in a statement that the growth was underpinned by the manufacturing index which grew 4.3 per […]
Read MoreThe Securities and Exchange Commission (SEC) is scheduled to complete its regulatory guillotine plan by 2022, meant to cut redundant regulations and tighten bureaucratic processes. It is designated as a key project under the SEC’s 20-year strategic plan (2018-37). The regulatory guillotine is a review of existing laws and regulations with the objective of reducing […]
Read MoreMANILA, Philippines (UPDATE 11:47 a.m., Nov. 10) — The Philippine economy slipped anew into negative territory in third quarter, but the collapse moderated from a record-breaking plunge the previous 3 months after lockdowns were relaxed, businesses reopened and people were allowed to go out. Gross domestic product (GDP) sank 11.5% year-on-year in July-September period, a reversal of […]
Read MoreThe government is drafting a Cambodia horticulture policy for 2021-30 aimed at making it more competitive. Its objectives are broad in nature and comprehensively ambitious. Among the policy’s goals are moves to modernise production towards attaining year-round growing seasons and improvements in product quality, safety and price in order to achieve competitive parity or advantages […]
Read MoreKUALA LUMPUR: Malaysia’s industrial production index (IPI) rose by 1% in September from a year ago, which was below a Bloomberg survey of a 2.3% increase, due to a slowdown in mining and electricity. Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin (pic below) said yesterday the slight increase in the IPI in September was […]
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Thailand
