Indonesia morning news for December 25

Indonesia morning news for December 25

Hunt for survivors as Indonesian tsunami death toll nears 400 DOZENS of filled body bags were hauled away from buildings flattened by Indonesia’s volcano-triggered tsunami on Monday, as the death toll climbed to 373 and search teams pushed on with the grim hunt for corpses. — The Malaysian Insight Indonesia President orders early detection system […]

Philippines morning news for December 25

Philippines morning news for December 25

Net ‘hot money’ hits $1.09B as of early Dec Foreign portfolio investments hit a net inflow of $1.092 billion early in December, Bangko Sentral ng Pilipinas (BSP) data showed, rebounding from a net outflow posted a year earlier. — The Manila Times Dissecting Data: PH posts ‘respectable’ economic growth in 2018 The Philippine economy posted […]

Myanmar morning news for December 24

Myanmar morning news for December 24

No systematic effort to clear landmines in Myanmar: watchdog There is no systematic effort being conducted by the government to clear landmines in the country, according to a report recently released by the International Campaign to Ban Landmines (ICBL). — Myanmar Times Myanmar journalists to appeal seven-year sentence Two Reuters journalists jailed while reporting on […]

Indonesia morning news for December 24

Indonesia morning news for December 24

Tsunami from erupting Krakatau kills at least 222 in Indonesia A tsunami killed at least 222 people and injured hundreds on the Indonesian islands of Java and Sumatra following an underwater landslide believed caused by the erupting Anak Krakatau volcano, officials and media said on Sunday. — Reuters Fears of new Indonesia tsunami as Anak […]

Philippines morning news for December 24

Philippines morning news for December 24

Investment pledges hit record P907.2b in 2018 The Board of Investments registered record investment pledges of P907.2 billion in 2018, up 47 percent from the previous all-time high of P616.8 billion in 2017. — Manilastandard.net FDI seen topping $10 B in 2018, 2019 The inflow of foreign direct investments (FDI) is expected to top $10 […]

Indonesia morning news for December 21

Indonesia morning news for December 21

Bank Indonesia Holds Rates, but More Tightening Expected in 2019 Bank Indonesia kept its benchmark interest rate unchanged as expected on Thursday, though it reasserted that it would act to defend the exchange rate when needed after a fresh wobble in the currency earlier in the day. — Jakarta Globe Indonesia`s fourth-quarter current account deficit […]

Philippines morning news for December 21

Philippines morning news for December 21

Fitch reaffirms Philippines investment grade, flags overheating risks Fitch Ratings yesterday cautioned the Philippines about overheating risks, including strong credit growth and wider current account shortfall, as it reaffirmed the country’s investment grade credit rating. — The Philippine Star See all of Asean’s Miss Universe 2018 entrants (HD video) Internet social media channels have been […]

See all of Asean’s Miss Universe 2018 entrants (HD video)

Internet social media channels have been abuzz this past week as netizens from across the globe lined up behind their national entrants in the 2018 Miss Universe pageant. Held at the Impact Arena, Exhibition and Convention Center, Bangkok, Thailand, this year’s competition saw 24-year-old singer and model Catriona Gray become the fourth Filipina to win […]

Indonesia morning news for December 20

Indonesia morning news for December 20

Indonesia seeks $60bn Chinese investment for infrastructure projects Indonesia is offering a series of new projects worth up to $60 billion for Chinese investment to boost its participation in China’s belt and road programme, according to a report in the Straits Times. — Out-Law.com Direct impact of IMF-WB meetings on indonesian economy reaches Rp5.5 trillion […]

Philippines morning news for December 20

Philippines morning news for December 20

BoP position improved to $847-m surplus in November The balance of payments position swang to a surplus of $847 million in November from a deficit of $44 million in October, lifted by the foreign exchange operations of the Bangko Sentral ng Pilipinas and income from its investments abroad. — Manilastandard.net Philippines gets P20.5 billion insurance […]

Indonesia morning news for December 19

Indonesia morning news for December 19

Jakarta records low budget expenditure akarta city secretary Mohammad Saefullah stated that the administration had used only 67.65 percent of its Rp 75 trillion (US$5.17 million) 2018 budget, a low figure that concerns many as the year is nearing its end. — The Jakarta Post Govt to issue new policy after November’s poor trade data […]

Philippines morning news for December 19

Philippines morning news for December 19

External debt service rises by 11% in September The country’s external debt service burden was up by 11 percent year-on-year to $5.88 billion end- September, based on Bangko Sentral ng Pilipinas (BSP) data. — Manila Bulletin HSBC sees inflation easing to 5.7% as food and fuel prices drop Hongkong and Shanghai Banking Corp. expects inflation […]

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