EconomyIndonesia
Bank Indonesia expands hedging incentives to support rupiah
The central bank is increasing premium reductions for foreign-funding hedges while continuing incentives for transactions in partner countries’ currencies.
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CIMB weighs privatisation of Indonesian subsidiary amid market volatility
Analysts say a placement with strategic investors is another option as new free-float rules require CIMB to reduce its stake in CIMB Niaga.
- EconomyIndonesia
Bank Indonesia holds benchmark rate, raises overnight deposit rate
The central bank also plans to lower reserve requirements in November and December, with the rupiah trading near its record low.
Asian Para Games gold leads to proposal for Thai archer Komsan
The Thai athlete had pledged to propose if he won gold, according to the Sports Association for the Disabled of Thailand.
- TravelVietnam
Vietnam nearly draws level with UK for Australian visitor trips
Vietnam had the fastest growth among major Australian travel destinations, with August trips rising 30.3% from a year earlier.
Jovin Tan takes boccia silver as Jeralyn Tan wins bronze at Asian Para Games
Aloysius Gan has also reached the men’s BC3 individual final, guaranteeing Singapore at least one more silver.
- Business & CompaniesMalaysia
ALR sukuk repayments top RM2.149 billion, with highway return possible by 2033
The not-for-profit operator projects that accumulated surpluses could allow it to settle its remaining obligations five years before the final maturity date.
- MarketsIndonesia
Indonesia’s IHSG falls 0.84% as foreign investors record net sales
Foreign net selling reached Rp581.59 billion across all markets, while Bank Central Asia led foreign net purchases.
- More SportsPhilippines
Pedro Taduran to face Brandon Moreno in IBF minimumweight title defence
The Filipino champion will seek a fourth successful defence against the unbeaten Spanish challenger on November 8, Philippine time.
- Business & CompaniesMalaysia
TH Plantations awards RM8.68 million ERP project to Awantec subsidiary
The five-year Sage X3 contract includes deployment, training and maintenance across the plantation group’s operations.
