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Search Result for “Indonesia economy”

Showing 1 - 10 of 4,605

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THAILAND

PM warns of recession risk, seeks new ideas

Mongkol Bangprapa, Published on 22/05/2024

» The economy is not safe from the risk of a recession amid slow GDP growth, high household debt and burgeoning bad loans, Prime Minister Srettha Thavisin said on Wednesday.

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GENERAL

Srettha calls urgent meeting on the economy

Online Reporters, Published on 21/05/2024

» Prime Minister Srettha Thavisin has called an urgent meeting with ministers in charge of the economy on Monday following the slow rate of GDP growth reported in the first quarter.

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GENERAL

Philippines seeks Asia logistics hub status, banking on US ties

Published on 21/05/2024

» The Philippines is setting its sights on becoming the next manufacturing and logistics hub in Asia, President Ferdinand Marcos Jr said, as Manila capitalises on its growing ties with Washington.

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GENERAL

Thailand has escaped recession: economic body

Published on 20/05/2024

» The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.

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WORLD

Elon Musk arrives in Indonesia's Bali for planned Starlink launch

Published on 19/05/2024

» JAKARTA: Tycoon Elon Musk arrived on the Indonesian island of Bali on Sunday ahead of the planned launch of SpaceX's Starlink internet service, which the Indonesian government hopes will boost internet penetration and health services in remote parts of the sprawling archipelago.

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THAILAND

Altitude, Creed, and Scientex Launch Premium Townhomes

Published on 17/05/2024

» Altitude Development Company Limited, a leading real estate developer in Thailand operating under the “ALTITUDE” brand, has forged strategic alliances to expand its business footprint by collaborating with renowned real estate investment partners from Japan and Malaysia, Creed Group and Scientex. Together, they have initiated the development of the ALTITUDE Kraf Vibe Bangna project. Positioned as a premium townhome-style venture boasting a minimalist design, the project strategically occupies a promising location in Bangna. Geared towards meeting the preferences of the new-generation workforce, the project offers units starting at THB 2.99 million.

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INVESTMENT

Microsoft cloud investment just the start

Business, Post Reporters, Published on 10/05/2024

» Microsoft has announced plans to build an AI cloud region and data centre infrastructure in Thailand to capitalise on growing demand for cloud services. The investment has the potential to attract more foreign data centre investors across the value chain to accelerate Thailand's strategic ambitions in the technology sphere, according to research by BMI, a Fitch Solutions company.

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GENERAL

Making sense of Microsoft's local outlays

Business, Suchit Leesa-nguansuk, Published on 09/05/2024

» Microsoft's announcement last week of its first investment in a data centre region in Thailand is expected to enhance the country's digital ecosystem and could fuel competition in the data centre sector.

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OPINION

Govt, BoT spat may not be economic

Oped, Chartchai Parasuk, Published on 09/05/2024

» The row between the government and the Bank of Thailand (BoT) over its "high" interest rate is all over the news. Many have started questioning the appropriateness of the central bank's independence.

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GENERAL

Indonesia sees more capital inflows after rate hike

Reuters, Published on 08/05/2024

» JAKARTA: Indonesian central bank governor Perry Warjiyo said on Wednesday more capital inflows had been seen since Bank Indonesia hiked interest rates last month in an effort to stabilise the rupiah, and he expected the trend would continue.