Indonesia Morning News For June 7

Indonesia Morning News For June 7

Indonesia may lose 50,000 tourists because of Qatar crisis The Indonesian government is predicting that the recent severing of ties between several Arab countries and Qatar would deal a blow to the archipelago’s tourism industry, with 50,000 expected tourists not showing up because of the crisis, a senior official said on Tuesday. — The Jakarta […]

Myanmar Morning News For June 6

Myanmar Morning News For June 6

Myanmar citizens caught selling Rohingya children for $300 Malaysian police rescued 11 Rohingya human trafficking victims in a Kuala Lumpur raid on Saturday morning. The victims – nine of them children – were being held in a “confined space” by six other Myanmar nationals. — Coconuts  Singapore: Spout eyes expansion in Myanmar after closing $2.1m […]

Singapore Morning News For June 6

Singapore Morning News For June 6

Singapore tops global ranking for online presence This year’s A.T. Kearney’s Global Cities Index 2017 saw Singapore jumping two spots to rank sixth, the highest ever ranking it has achieved in the Index. — Singapore Business Review  Record $635m in CPF arrears recovered in 2016 A record $635.1 million in arrears was recovered by the […]

Indonesia Morning News For June 6

Indonesia Morning News For June 6

Indonesia’s 2017 Budget Deficit Estimated at 2.5 Percent of GDP: Finance Minister Indonesia’s state budget deficit is estimated to widen to 2.5 percent of its gross domestic product by the end of this year from 2.41 percent in the current plan, Finance Minister Sri Mulyani Indrawati told reporters on Monday (05/06). — Jakarta Globe  Govt […]

Malaysia Morning News For June 5

Malaysia Morning News For June 5

M’sia labour productivity growth unsatisfactory While Malaysia’s labour productivity growth of 3.5% for 2016 was an improvement compared with 3.4% in the previous year, the performance was considered unsatisfactory as the country is still lagging behind the productivity levels of countries, such as Singapore and South Korea. — The Edge Markets  RM20 million for Bumiputera […]

Singapore Morning News For June 5

Singapore Morning News For June 5

Bank Mandiri targets Singapore private wealth Indonesia’s Bank Mandiri wants to develop a foothold within Singapore’s private banking space, according to local reports. — Hubbis  Rockwills Group Has Its Eyes on Indonesia THE Rockwills Group, a wills and trust specialist in Malaysia and Singapore, is setting its sights on the Indonesian market for possible expansion […]

Indonesia Morning News For June 5

Indonesia Morning News For June 5

Japan‘s Commitment to Fasten Jakarta-Surabaya Railway Development Japanese Ambassador to Indonesia Masafumi Ishii said Indonesia and Japan are committed to accelerating the development of medium-speed railway facilities for the Jakarta-Surabaya route. — Netral English  Russian Investor Eyeing Oil Projects in Tanjung Api-api SEZ Enoh Suharto Pranoto, the secretary of the National Council on Special Economic […]

Vietnam Morning News For June 2

Vietnam Morning News For June 2

NA discusses $16b Long Thành airport project Land clearance for the Long Thành airport project in the southern province of Đồng Nai should be sped up to prevent price slippage that will affect investment capital and to help people living in the project area stablise their living conditions, said National Assembly (NA) deputies on Thursday. […]

Myanmar Morning News For June 2

Myanmar Morning News For June 2

Budget for rural development reduced to 10pc this year The budget for rural road and bridge construction approved for this 2017-18 fiscal year was barely 10 percent of last year’s, said Union Minister for Agriculture, Livestock and Irrigation, Dr Aung Thu. — Myanmar Times  Rice exports on rise Between late April and the third week […]

Malaysia Morning News For June 2

Malaysia Morning News For June 2

Global passenger traffic for April rose by 10.7%, says IATA Global passenger traffic data for April 2017 showing that demand (measured in revenue passenger kilometers or RPKs) rose by 10.7% compared to April 2016, which was the fastest pace in six years, according to the International Air Transport Association (IATA). — The Edge Markets  RHB, […]

Singapore Morning News For June 2

Singapore Morning News For June 2

Local start-up to launch Singapore’s first e-scooter sharing service The New Paper has learnt that local start-up Telepod will be launching its e-scooter sharing service on Monday with 10 e-scooters available for rent -a first in Singapore. — The New Paper  Services sector grows in slow, uneven pace Maybank reported that actual GDP expanded by […]

Indonesia Morning News For June 2

Indonesia Morning News For June 2

BRI, AGO partner to fight banking crimes State-owned lender PT Bank Rakyat Indonesia (BRI) signed a memorandum of understanding (MoU) and several agreements with the Attorney General’s Office (AGO) in Jakarta on Wednesday to fight against banking crimes. – The Jakarta Post  Indonesia April palm, palm kernel oil exports rise 4 pct m/m -assoc Indonesia’s palm […]

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