Indonesia Morning News For May 24

Indonesia Morning News For May 24

First Week of Fasting Month, Crime Rate Down 3.5 Percent Jakarta Metro Police claimed, the number of conventional crime in the first week of Ramadhan this year has decreased, compared to the same period of […]

Philippines Morning News For May 24

Philippines Morning News For May 24

Economic crime hits record high in PH Economic crime hits record levels in the Philippines on wider awareness and understanding of threat, according to a survey. — Manila Bulletin PHL competitiveness falls most in Asia […]

Indonesia Morning News For May 23

Indonesia Morning News For May 23

Rio Tinto confirms talks of $3.5bn Grasberg stake sale Multinational diversified miner Rio Tinto confirmed on Tuesday that it is in talks with PT Indonesia Asahan Aluminium (Inalum) to sell its stake in the Grasberg […]

Philippines Morning News For May 23

Philippines Morning News For May 23

DOF pushes for amendment, repeal of 123 laws on investment incentives The Department of Finance (DOF) on Tuesday urged Congress to amend or repeal over a hundred special laws on investment incentives and consolidate them […]

Indonesia Morning News For May 22

Indonesia Morning News For May 22

BRI Prepares Rp28tn Cash for Eid State-owned lender Bank Rakyat Indonesia (BRI) is increasing their cash reserves throughout Ramadan and Eid. The bank has some Rp28 trillion in cash ready to circulate — Tempo.co Indonesia […]

Philippines Morning News For May 22

Philippines Morning News For May 22

The key to 1.5 million Chinese tourists’ wallets? Scan-to-pay Filipino businessmen are cashing in on the projected 1.5 million Chinese tourist arrivals this year by allowing them to shop with their smartphones, eliminating tedious trips […]

Indonesia Morning News For May 21

Indonesia Morning News For May 21

Alleged graft reported in Jakarta school renovation fund The Indonesia Corruption Watch (ICW) urged the Jakarta administration on Sunday to open an investigation into the Rp 180 billion (US$12.7 million) allocated for school renovations last […]

Philippines Morning News For May 21

Philippines Morning News For May 21

Gov’t subsidies surged 130% to P45B in 1st quarter The national government’s subsidies to state-run corporations jumped 130 percent to P45.3 billion in the first quarter, with Philippine Health Insurance Corp. getting the biggest chunk. […]

Indonesia Morning News For May 18

Indonesia Morning News For May 18

Bank Indonesia Hikes Key Interest Rate to Boost Fragile Rupiah Indonesia’s central bank on Thursday (17/05) hiked its benchmark interest rate for the first time since November 2014, as expected, in a bid to bolster […]

Philippines Morning News For May 18

Philippines Morning News For May 18

NAIA ‘escort’ ring has netted P10 billion According to Greco Belgica, commissioner of the Presidential Anti-Corruption Commission (PACC), a background check on Customs operation officer Lumontod Macabando showed that he has been frequently traveling abroad, […]