SENIOR Minister Goh Chok Tong has backed Indonesias efforts to shore up the rupiah in the face of soaring oil prices, but he warned that the countrys economic woes could hurt Singapore.
Goh said the measures being put in place by Indonesian President Susilo Bambang Yudhoyono would help stem its sliding currency and restore confidence to South-East Asias largest economy.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!