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          Updated: October 27, 2016

• Better fiscal control saves Indonesia's economy
The government’s efforts to improve fiscal management has helped Indonesia’s economy to grow resiliently amid looming global risks, but

• IFC invests in sustainable tourism in Myanmar
The International Finance Corporation (IFC), a member of the World Bank Group, is lending up to $13.5 million to United International

• Brunei’s CPI down 0.2% in Sept
BRUNEI’S consumer price index (CPI) fell by 0.2 per cent in September from the previous month owing to lower prices of clothing and

• Avid internet users fuel Indonesia e-commerce
 Nothing can stop Dendi Liya, 23, from checking and updating his social media accounts, except, of course, when he falls asleep.

• Travel package to attract more Middle East tourists
A LOCAL tour operator has collaborated with an Egyptian travel agency to attract more Middle Eastern tourists to visit Brunei.

   Updated  October 26,  2016
The Straits Times Index (STI) ended 25.48 points or 0.89% lower to 2828.57, taking the year-to-date performance to -1.88%.

The FBM KLCI index lost 3.51 points or 0.21% on Wednesday. The Finance Index fell 0.20% to 14540.64 points, the Properties Index dropped 0.25% to 1198.71 points and the Plantation Index rose 0.41% to 7957.33 points. The market traded within a range of 5.15 points between an intra-day high of 1677.50 and a low of 1672.35 during the session. More

      Updated: September 30,  2016
Southeast Asia from Scott Circle: In Washington, Yasay Defends the Duterte Doctrine
Philippine foreign secretary Perfecto Yasay on September 15 gave a speech at CSIS during his first visit to the United States since President Rodrigo Duterte took office in late June. Yasay, who visited Washington amid questions over the direction of U.S.-Philippines relations under Duterte, had an opportunity to reassure his audience on the strength of the U.S.-Philippine alliance and spell out the tenets of the “independent foreign policy” that Duterte vows to pursue. In the end, he did a little of both, but more recent pronouncements from Duterte—and contradictory attempts at clarification from his   More

    Updated September 30,  2016
Biweekly Update
Indonesia to pursue Google over unpaid taxes. Indonesian authorities are pursuing Google for allegedly failing to pay taxes on its advertising revenue, according to a September 19 Financial Times report. Google could face fines of over $400 million for 2015 alone if authorities determine that the company has evaded corporate tax payments. According to the Jakarta Special Tax Office, Google Indonesia allegedly paid less than 0.1 percent of the total tax it owed in 2015. The investigation comes as Indonesia seeks to boost tax revenue in an effort to reduce its budget deficit.


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