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Search Result for “Indonesia economy”

Showing 31 - 40 of 4,631

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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.

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GENERAL

Economists back Bank of Thailand's autonomy

Business, Published on 08/05/2024

» The Bank of Thailand (BoT) must be independent to pursue its role of maintaining economic stability, say economists, noting that interest rates have a minimal impact on increasing economic growth, but could affect the stability of the baht and cause household debt to rise.

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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OPINION

Catching the AI wave

News, Editorial, Published on 06/05/2024

» Microsoft's announcement that it will build a data centre in Thailand, seizing the momentum of AI-driven advances in Southeast Asia, is welcome.

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INVESTMENT

Asian shares powered by tech rally, yen revives

Business, Published on 04/05/2024

» RECAP: Hong Kong led gains across most Asian and European markets on Friday thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for US interest rate cuts.