$200mln from ADB to develop Indonesian higher education & skills The Asian Development Bank (ADB) has approved a $200 million loan to upgrade four higher education institutions in Indonesia and improve the technical and vocational […]
External debt service up 10.46% The country’s external debt service burden increased by 10.46 percent year-on-year to $5.238 billion as of end-August from $4.742 billion same time in 2017, according to data from the Bangko […]
Indonesia has nixed part of a recent plan to ease foreign ownership in a bid to protect its domestic small and medium-sized enterprises (SMEs), The about-face affects foreign ownership in five specific industry sectors. Addressing […]
One week after 113 inmates at Lambaro prison in Bandeh Aceh decided to mount their own impromptu ‘mini haj’ (mini-pilgrimage), more than 40 of them are still at large, defying demands by authorities that they […]
Indonesia to inject $357 mln into state health insurer Indonesia will inject more capital into cash-strapped state health insurer BPJS Kesehatan this month, a senior finance ministry official said on Thursday, although questions remain on […]
Foreign investment pledges rise 6.5% to P45.9 billion in Q3 Foreign investment pledges approved by the country’s investment promotion agencies rose 6.5 percent in the third quarter, the Philippine Statistics Authority (PSA) reported yesterday. — […]
Indonesia woos Chinese investors with US$60-billion menu of Belt and Road projects Indonesia is offering new projects worth up to US$60 billion to Chinese investors in a bid to capitalise on Beijing’s Belt and Road […]
November inflation eased to 4-month low of 6%—PSA Inflation eased to a four-month low of 6 percent in November from a nine-year high of 6.7 percent in October, on slower increases in food and fuel […]
Lion Air ponders cancelling Boeing jets in row over crash: Sources Indonesia’s Lion Air is reviewing airplane purchases from Boeing Co and has not ruled out cancelling orders as relations worsen in a spat over […]
‘Philippines to miss growth targets in 2018 and 2019’ Sun Life of Canada (Philippines) Inc. expects the Philippines to miss its economic growth target for this year and next. — The Philippine Star Recto bares […]
BPS records 0.27 percent inflation in November Inflation was 0.27 percent in November, slightly lower than the 0.28 percent recorded in October and contrary to the trend in the last two years, Statistics Indonesia (BPS) […]
Treasury: National government debt jumped P666b to P7.17t in October Outstanding national government debt jumped P666 billion or 10.2 percent over a 12-month period to P7.17 trillion as of October, data from the Treasury show. […]