Fiscal policy
High demand for Indonesia’s $4b bonds
Indonesia has successfully sold its largest US dollar bond since the Asian financial crisis in 1998, $4 billion of 10- and thirty-year dollar-denominated bonds...
Vietnam’s public debt may reach 95% of GDP
If counting on the state owned enterprises’ (SOEs) loans not guaranteed by the government, the total public debt of Vietnam would be 95 percent...
Drop rice subsidy scheme, IMF tells Thailand
The International Monetary Fund (IMF) called on Thailand to scrap its pricy scheme to support rice farmers and scale back some other fiscal stimulus...
Vietnam government struggles with overspending
Vietnam's Prime Minister Nguyen Tan Dung told a National Assembly session opening on October 21 that state budget overspending this year would likely be...
Thailand to raise $21b through government bonds
The Thai government plans to raise more than 700 billion baht ($21 billion) in 2014, mainly by issuing bonds, Chularat Suteethorn, director-general of the...
Japan’s debt reaches 1,000,000,000,000,000 yen
On August 9, Japan's government announced a new world record: The country's national debt has reached 1,008,600,000,000,000 yen, or more than 1 quadrillion yen,...
Latest
Indonesian banks shun Aceh as province tightens Islamic finance regulations
A number of large Indonesian banks are closing their conventional banking operations in the country’s strictly Muslim...
Stories of the week
What pandemic? Indonesian multi-millionaire launches new airline
Indonesian businessman Rusdi Kirana, founder of Lion Air with a net worth of around $835 million, is...