9:00 pm December 19, 2014 | No Comment
Nigeria's central bank on Friday announced new measures to curb currency speculation as part of an effort to defend the naira which has been hit hard by the collapse in global oil prices.
8:26 pm December 19, 2014 | No Comment
The Indonesian government plans to impose an "adjustment tariff" for electricity in January next year, in an effort to eliminate the subsidy for middle to upper-income classes and medium to large-scale businesses, a top official at the Energy and Mineral Resources Ministry said on Friday.
5:10 pm December 19, 2014 | No Comment
Japan’s Nissan Motor and French partner Renault have stopped taking orders for some cars in Russia and could raise prices on others if the ruble’s plunge continues, alliance Chief Executive said on Friday.
2:29 pm December 19, 2014 | No Comment
China revised up the size of its economy in 2013 but sees that having little effect on economic growth this year, amid expectations that Beijing may roll out more stimulus to support the slowing economy.
11:31 pm December 18, 2014 | No Comment
Investment Coordinating Board, or BKPM, has received proposal for $18.7 billion worth of prospective investments in power plants, labor-intensive manufacturing, agriculture processing, maritime, import substitute, infrastructures and mining processing from 43 investors since President Joko Widodo took office in October.
2:27 pm December 18, 2014 | No Comment
Western sanctions over Russia's role in the Ukraine crisis are likely to last "for a very long time", possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper.
1:36 pm December 18, 2014 | No Comment
Growth in the private sector’s foreign debt picked up in October, complicating Indonesia’s efforts to stabilize the currency, data from the central bank showed late on Wednesday.
12:55 pm December 18, 2014 | No Comment
Indonesian Finance Minister Bambang Brodjonegoro says on Thursday that he expects inflation to be between 4.5 percent and 5 percent in 2015.
12:18 pm December 18, 2014 | No Comment
Bank Indonesia forecasts inflation exceeding 8 percent in December, as rising demand ahead of Christmas and the New Year holidays compound price increases that stem from higher subsidized fuel prices, senior deputy governor Mirza Adityaswara, said on Wednesday.
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