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Indonesia reforms logistics ecosystem to curb cost
JAKARTA, Sept 25 (Xinhua): The Indonesian government is developing a reformed national logistics ecosystem (NLE) by easing and simplifying the upstream to downstream process, which was expected to lower the logistics cost from 23.5 percent to 17 percent of the gross domestic product (GDP).
Indonesia says distribution of social aid has improved, will help economy
JAKARTA: Indonesia's government said on Friday it has significantly improved the distribution of social assistance to the poor to cushion the impact of the Covid-19 coronavirus pandemic.
Kita Prihatin to widen budget deficit by 0.7% of GDP
KUALA LUMPUR: CGS-CIMB Research estimates the RM10bil Prihatin Supplementary Initiative Package (Kita Prihatin) will increase the Finance Ministry’s last projected budget deficit by 0.7% of gross domestic product (GDP).
Lebanon's fractious politics puts French lifeline at risk
BEIRUT (Reuters) - Lebanon's sectarian politicians have overshot one deadline they had agreed with France and missing more may put at risk a French lifeline to haul the Middle East nation out of its worst crisis since a 1975-1990 civil war.
France supports idea by Lebanese politician to end cabinet logjam
BEIRUT/PARIS (Reuters) - France backed on Wednesday a proposal made by Lebanon's leading Sunni Muslim politician to end a deadlock preventing the formation of a cabinet to lead the nation out of its worst crisis since the 1975-1990 civil war.
Foreign access to China's US$16 trillion bond market
SHANGHAI: Index provider FTSE Russell is set to decide on whether to include Chinese government bonds in its World Government Bond Index on Thursday, potentially opening the way for more foreign participation in China's $16 trillion bond market.
Israel reports 2,445 new COVID-19 cases, 193,374 in total
JERUSALEM, Sept. 22 (Xinhua) -- Israel's Ministry of Health reported 2,445 new COVID-19 cases on Tuesday, bringing the total confirmed cases to 193,374.
‘Seniors will double by 2045’
AS THE country’s aged population continues to grow, it is becoming increasingly important to pay more attention to the needs of the elderly.
Market confidence in Malaysia remains strong
PETALING JAYA: While the world grapples with Covid-19, market confidence in Malaysia remains strong, particularly from foreign investors, based on investments of RM23.1bil in the bond market up till August, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Market confidence in Malaysia remains strong, Zafrul says
KUALA LUMPUR: While the world grapples with Covid-19, market confidence in Malaysia remains strong, particularly from foreign investors, based on investments of RM23.1 billion in the bond market up till August, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
