Indonesia is aiming to capitalize on the coronavirus crisis to roll out sweeping reforms in education, health care and social safety nets, says Finance Minister Sri Mulyani Indrawati, calling the pandemic a “short-term challenge” to the country’s vision. Sri Mulyani told The Jakarta Post in a live broadcast interview on Wednesday that proper education, health care and […]
Read MoreMANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has raised the real estate loan limit of big banks, releasing P1.2 trillion in additional funds which can be borrowed by the property sector. BSP Governor Benjamin Diokno said the Monetary Board has increased the cap on real estate loans by universal and commercial banks to […]
Read MoreKampot province has produced nearly 84,000 tonnes of salt this year to supply the domestic market, according to a report from the salt farms bureau of the Kampot provincial department of industry, science, technology and innovation. Koeng Sonthean, chief of salt farms bureau of the Kampot provincial department of industry, Science, Technology and Innovation, told […]
Read MoreThe Hanoitimes – The Vietnamese government remains steadfast in disbursing the full target amount of VND630 trillion (US$27.26 billion) to aid economic recovery. Officials would face disciplinary actions if their ministries and localities fail to realize their respective disbursement targets of public investment funds for this year, Prime Minister Nguyen Xuan Phuc has warned. The government […]
Read MoreThe government is pinning its hopes on a growth rate of around zero percent this year as it struggles to spend a Rp 695.2 trillion (US$47 billion) stimulus budget to revive an economy reeling from the coronavirus pandemic. Finance Minister Sri Mulyani Indrawati said on Wednesday that economic growth could flatline at zero percent this […]
Read MoreThe Federation of Thai Industries (FTI) is in talks with private and state-owned companies to devise ways to create jobs as the pandemic threatens to leave millions of workers unemployed this year. The FTI is asking CP Group, SCG, PTT and other heavy hitters to join the campaign, hoping to stimulate weak purchasing power and […]
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