Indonesia’s parliament approves 2023 fiscal budget

JAKARTA: Indonesia’s parliament on Thursday (Sep 29) approved President Joko Widodo’s 3,061.2 trillion rupiah (US$200.73 billion) budget for next year, with a fiscal deficit of 2.84 per cent of gross domestic product, the deputy house speaker Rachmat Gobel said. The 2023 budget aims to consolidate fiscal positions after the deficitContinue Reading

Jail for men who helped smuggle suspects in Tradenation luxury goods scam out of Singapore in lorry

SINGAPORE: Two logistics workers who conspired to help smuggle the suspects in the multimillion-dollar Tradenation luxury goods scam out of Singapore in a lorry were sentenced to jail on Thursday (Sep 29). Mohamed Alias, 40, and 38-year-old Mohamad Fazli Abdul Rahman received a year’s jail each. They each pleaded guiltyContinue Reading