Tuesday, October 23, 2018 - 12:51:42

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Indonesia worries about economic prospects in 2018

ASEAN

Indonesia worries about economic prospects in 2018

Indonesian Minister of Finance Sri Mulyani has warned of global risks that could affect the country's economic situation as well as its efforts to reach the development targets in 2018, the Antara news agency reported on September 8.

PM allows Formosa to import own coal

Business

PM allows Formosa to import own coal

The Prime Minister has allowed the Taiwanese Hung Nghiep Formosa Co Ltd (Formosa) to import coal for electricity production at its thermal power plant in the southern province of Dong Nai.

Moody’s: Outlook for Vietnam’s banks stable

Business

Moody’s: Outlook for Vietnam’s banks stable

Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’ weak credit profiles.

E-payments booming in Vietnam

Business

E-payments booming in Vietnam

Increased use of electronic payment products added 880 million USD to Vietnam's Gross Domestic Product (GDP) from 2011 to 2015, according to a new report released by Moody's Analytics.

Indonesia strengthens food safety amid El Nino risk

World

Indonesia strengthens food safety amid El Nino risk

The Indonesian Government has put aside 2 trillion rupiah (173.18 million USD) to ensure food safety, as part of efforts to prepare for the potential recurrence of weather phenomenon El Nino that is expected to hit the country in June or July.

Indonesia’s economic growth slows in Q1

World

Indonesia’s economic growth slows in Q1

Indonesia 's economy grew at its slowest in four years in the first quarter as a mineral export ban, successive interest rate rises and uncertainty over upcoming presidential elections unnerved investors.

ADB warns of widening economic divide in Asia

Business

ADB warns of widening economic divide in Asia

Impressive economic gains in Asia and the Pacific are otherwise diminished by still widespread poverty and growing inequality, calling for urgent implementation of inclusive growth approaches among the region’s countries, says the Asian Development Bank (ADB) on April 4.