6:47 pm October 2, 2014 | No Comment
Indonesia’s benchmark stock index dropped the most in almost six months and the rupiah weakened on concern a new house speaker will hinder President-elect Joko Widodo’s plans to boost growth.
5:56 pm October 2, 2014 | No Comment
Thailand’s junta is changing tack on agricultural policy, saying it will eschew buying farm products directly from growers as state purchases spur overproduction, distort the market and create stockpiles that are hard to sell.
5:51 pm October 2, 2014 | No Comment
China announced plans to cap the amount of debt local governments can take on and ban them from additional borrowing through financing vehicles as authorities step up efforts to control risks to the financial system.
4:52 pm October 2, 2014 | No Comment
Emerging Asian currencies will rise a little over the next year on improved economic activity, although the Federal Reserve’s anticipated policy tightening could limit gains, a Reuters poll showed.
3:54 pm October 2, 2014 | No Comment
Telekomunikasi Indonesia (Telkom) — Indonesia’s largest telecommunication and network provider — is looking to acquire satellite companies based in Hong Kong and Singapore.
1:45 pm October 2, 2014 | No Comment
Even though the opposition and the next government will be at loggerheads, thereby stalling the passage of key policies, it is important for the new House of Representatives, as the legislative branch, and the new government, as the executive branch, to have common ground on the issue of biodiversity conservation.
1:40 pm October 2, 2014 | No Comment
Indonesian shares hit their lowest in more than two months on Thursday amid foreign selling of large caps and concerns about the ability of the incoming government to enforce reforms, while Thai stocks fell after data showed weak consumer confidence.
1:30 pm October 2, 2014 | No Comment
Protesters blocked Freeport-McMoRan’s Indonesian copper mine for a second day on Thursday, stopping people getting to work, as talks continued between management and employees over the number of fatal accidents at the site.
1:17 pm October 2, 2014 | No Comment
The Indonesian government’s policy to limit credit card ownership, slated to take into effect on Jan. 1, could lead to a reduction in the number of credit cards in circulation by 450,000 this year.