• Economy  |  DECEMBER 19, 2014 11:22 PM

    Indonesia to introduce float pricing on fuel

    Story by
    www.reuters.com

    Indonesia will change its domestic subsidised fuel pricing system to floating prices with the government still subsidising prices at a fixed amount per litre, effective Jan 1, 2015, the chief economics minister told Reuters on Friday.

     
  • Economy & Featured and Exclusive  |  DECEMBER 19, 2014 8:09 PM

    ‘No cut on 2015 development expenditure’

    Story by
    www.bernama.com

    The 2015 development expenditure will not be reduced although falling world's oil prices might affect the country's revenue, treasury secretary-general Mohd Irwan Siregar Abdullah said.

     
  • Economy  |  DECEMBER 19, 2014 7:27 PM

    US spends RM5.5 tril on War on Terror since 9/11

    Story by
    www.bloomberg.com

    The wars in Iraq and Afghanistan, along with counterterrorism operations have cost the US a combined US$1.6 trillion (RM5.5 trillion) since the Sept 11 terrorist attacks, according to a new Congressional Research Service analysis.

     
  • Economy  |  DECEMBER 19, 2014 5:27 PM

    Indonesia gets RM22.2 bil FDI in Q3

    Story by
    www.reuters.com

    Indonesia has attracted US$18.7 billion (RM64.8 billion) worth of prospective investments from domestic and foreign investors since the new President Joko "Jokowi" Widodo took office in October, its Investment Coordinating Board said.

     
  • Economy & Featured and Exclusive  |  DECEMBER 19, 2014 3:22 PM

    BNM likely to cut OPR in 2015, says UBS

    Story by
    www.bernama.com

    Bank Negara Malaysia (BNM) is likely to cut its overnight policy rate (OPR) by 25 basis points in 2015, as the fall in the oil prices would cushion the pressure on inflation.

     
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