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Business 03 Dec 2020 | 7:00 AM

Indonesia to spend less than expected

JAKARTA: The government expects to spend around 95% of the total Covid-19 stimulus budget by year-end, less than the initial target, as it struggles to ramp up state spending to support an economy still badly hit by the coronavirus outbreak.

Business 03 Dec 2020 | 7:00 AM

BoJ deputy governor signals readiness to extend aid schemes

TOKYO: The Bank of Japan (BoJ) is ready to extend beyond March a range of steps aimed at easing corporate funding strains, its deputy governor said, suggesting a decision could come as early as this month as a resurgence of Covid-19 infections cloud the outlook.