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Indonesia’s Prabowo Subianto is setting his sights on former bankers to find his finance minister, as he seeks technocrats who can secure funding for his campaign promises while upholding fiscal prudence. Prabowo, who declared victory in the recent presidential election, is considering Health Minister Budi Gunadi Sadikin, Deputy State-Owned Enterprises…
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Minister of State-Owned Enterprises (SOEs) Erick Thohir stated that Indonesia’s economy can potentially grow amid the recession in Japan and the United ...
PETALING JAYA: The ringgit has fallen against most Asean currencies, and not just the US dollar, in the past five years as Bank Negara and successive governments struggled to solve long-term structural issues hammering the ringgit.
It was a double whammy day for the ringgit, with the currency falling to a new all-time low against two closely compared currencies – the US dollar and the Singapore dollar.