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Bank Indonesia says there is room to cut interest rate further

[JAKARTA] Bank Indonesia has room to resume its interest rate cutting cycle to support economic growth, but such decisions will be data dependent, senior deputy governor Destry Damayanti said on Tuesd...

Indonesian ministers of Prabowo Subianto’s Cabinet gather for a group photo after their swearing-in ceremony in Jakarta.
Asean Business
ASEAN BUSINESS

Beefed up: Prabowo births fattest Cabinet, Anwar dishes out record Budget

This week in Asean: 

Indonesia's central bank held its benchmark interest rate at 6 per cent in the October meeting.
Asean Business
ASEAN BUSINESS

The dove, the hawk and the canary in the coal mine

This week in Asean: 

The 27th Asean Summit in Vientiane, Laos, welcomes several newly appointed leaders within Asean, including Thailand’s Prime Minister Paetongtarn Shinawatra (left) and Vietnam’s Prime Minister Pham Minh Chinh.
Asean Business
ASEAN BUSINESS

Asean strengthens ties at annual summit; World Bank warns of emerging challenges for region

This week in Asean: 

STRAIGHT TO YOUR INBOX

Fridays: Business insights on Southeast Asia's fast-growing economies.

A boy jumps into the canal with one of Indonesia’s coal-fired power plants in the background, in West Java province. The world’s fifth-largest coal producer plans to retire some of such plants by 2030.
Asean Business
ASEAN BUSINESS

Coal still gold for Indonesia’s Mandiri; Ringgit trumps Singdollar

This week in Asean: 

Thailand kicked off a US$14 billion stimulus plan, giving 10,000 baht (S$395) to 45 million citizens to boost spending and economic growth, despite concerns over fiscal responsibility.
Asean Business
ASEAN BUSINESS

Indonesia’s new capital welcomes first foreign investor; Malaysia lures investors to Forest City with perks

This week in Asean: 

A Vietnam war veteran and fraud victim arrives with other victims to attend the court proceedings of property tycoon Truong My Lan in Ho Chi Minh City.
Asean Business
ASEAN BUSINESS

Buzz over Fed rate cut hits Asean; Vietnam’s death-row tycoon stirs up hornet’s nest in Singapore

This week in Asean: 

People wade through flood waters on a boat in Hanoi as heavy rains in the aftermath of Typhoon Yagi brought flooding to northern Vietnam.
Asean Business
ASEAN BUSINESS

Typhoon Yagi hits northern Vietnam hard; Thailand needs quick economy remedy

This week in Asean: 

Despite the rosy outlook, South-east Asian airlines are facing supply-chain challenges as aircraft manufacturing giants struggle to deliver their orders.
Asean Business
ASEAN BUSINESS

Indonesia’s bumper IPO crop wilts; Johor-S’pore SEZ promises new pastures

The Asia-Pacific is set to lead global air passenger traffic growth over the next 15 years, with numbers expected to more than double from 2019 levels, reaching 8.7 billion by 2042. 

Former presidential candidate and popular favourite for Jakarta governor in November’s regional elections, Anies Baswedan, is effectively out of the race.
Asean Business
ASEAN BUSINESS

Another one bites the dust: Jakarta governor darling benched; Malaysia’s digibanks falter

This week in Asean: 

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