JAKARTA – Indonesia may be on safe ground for now, but Finance Minister Sri Mulyani Indrawati is preparing for a worst-case scenario in 2023 by slashing line ministry spending and drawing up contingencies for a now widely-expected global recession. The impact of US Federal Reserve rate hikes, persistent inflationary pressures and a slowdown in global […]
11 out of 100 awardees are based in Malaysia including Saora Industries
Part of Project AsiaForward initiative to celebrate tech led entities in SEA As part of its Project AsiaForward initiative, Alibaba Cloud has teamed up with tech ecosystem partners to celebrate the diverse achievements of tech-driven entities in Southeast Asia.
Vietnam’s central bank held emergency meetings this week with commercial banks to discuss liquidity in the system, two informed sources told Reuters on Friday (Nov 4), as lenders face pressure from tightening credit conditions and higher interest rates. One of the sources with knowledge of the issue, who asked to
TOKYO — Other than trolling China, it’s still a mystery why Japanese Prime Minister Fumio Kishida chose Sanae Takaichi to run the fledgling Ministry of Economic Security. There again, what this one-year-old agency does, exactly, is its own riddle. On the face of it, it should be grabbing global headlines: It has the authority to […]
The last time the yield of inflation-protected US Treasuries stood at 2 percent – just before the 2008 World Financial Crisis – gold traded at $800. Today the 10-year inflation-protected yield is back at 2%, yet gold trades at more than twice that price. For the past fifteen years, gold has traded in a straight […]