Indonesia Finance Minister Sri Mulyani Indrawati sees downside risks for economic growth in the first quarter as the government imposed more restrictions to curb a worsening coronavirus outbreak. ( read original story ...)
Indonesia says new sovereign wealth fund attracts US$10 billion commitment
JAKARTA: Indonesia has received investment commitments of up to $10 billion from global firms for its ambitious sovereign wealth fund, a senior ... ( read original story ...)
Indonesia raises economic recovery budget to $39b
The previously approved budget for the program in 2021 was Rp 372.3 trillion, although authorities have said this may swell after President Joko “Jokowi” Widodo announced he wanted to run the mass ... ( read original story ...)
China state-owned firms’ Dec profits rise 13.8% y/y – finance ministry
The profits of China's state-owned firms rose 13.8% year on year in December, according to a notice from the Ministry of Finance. ( read original story ...)
Chairman of the Board of Avia Solutions Group Gediminas Ziemelis: 2021 predictions – billions in losses, business growth opportunities and AI
PRNewswire/ -- 2020 will go down in history as one of the worst years for aviation industry ever. The year ended ... ( read original story ...)
EARNINGS: Cleaner React Gets Pandemic Boost But Retailer Quiz Suffers
The Covid-19 pandemic offers opportunities and challenges for the business, React says ... Post-period, enters into a subscription agreement to buy 50% of Timor-Leste Petroleum Pty Ltd's subsidiary ... ( read original story ...)
For the first time owners of microbusiness in Armenia required to report to tax authorities
This year, for the first time owners of microbusiness have to submit reports to the tax authorities, the State Revenue Committee (SRC) reminded, saying the deadline is February 1, 2021. ... ( read original story ...)
International Partnership Helps Mongolia Counter Climate Change
Climate warming is believed to have taken place at some of the fastest rates in the world in Mongolia, with the last decade being the warmest of the past 76 years. Mongolia is engaged closely with ... ( read original story ...)
Technology dominates Israel’s exports more than ever
According to the Israel Export Institute, technology services exports rose by 11% in 2020 to $37 billion, double the figure for 2014. According to the Israel Export Institute's estimates, despite the ... ( read original story ...)
Melio Raises $110M, Reaches $1.3B Valuation as Small Businesses Digitize to Stay in Business
Melio, which helps small businesses digitally manage their supplier payments, has raised a further $110 million to expand its offering across the US as the small business shift to digital solutions ... ( read original story ...)