Asia Pacific News Roundup
Indonesia
Finance Minister Sri Mulyani Indrawati on Tuesday reassured investors that Indonesia’s state budget is being managed with prudence and efficiency, emphasizing the country’s stable macroeconomic conditions despite a sharp decline in the stock market. However, the Indonesia Stock Exchange (IDX) Composite index tumbled 3.84 per cent to 6,223 points on Tuesday, recovering only slightly from a plunge of more than five per cent in the morning trading session that triggered a 30-minute trading halt.
Singapore
Singapore is gravely concerned about the resumption of hostilities in Gaza, which has resulted in an increasing number of civilian casualties, said a spokesperson for the Ministry of Foreign Affairs (MFA) on March 19. The country is also “gravely concerned” about the resumption of hostilities in Gaza that has resulted in escalating civilian casualties, the Ministry of Foreign Affairs (MFA) said on Wednesday (Mar 19).
Thailand
Finance Minister Pichai is considering a new asset management company to buy people’s debt, following Thaksin’s proposal to ease Thailand’s financial burden. Meanwhile, fuel consumption in Thailand increased by 2.8% year-on-year in January in line with economic growth, driven by tourism and government stimulus measures, says Sarawut Kaewtathip, director-general of the Department of Energy Business.
Conclusion
The recent developments in Asia Pacific economies are a mixed bag, with Indonesia’s stock market experiencing a sharp decline, while Singapore expresses concern over the situation in Gaza. Thailand, on the other hand, is taking steps to ease its financial burden and boost economic growth. As the region navigates these challenging times, it is essential to stay informed about the latest developments and trends.
FAQs
* What is the current state of Indonesia’s stock market?
The Indonesia Stock Exchange (IDX) Composite index tumbled 3.84 per cent to 6,223 points on Tuesday, recovering only slightly from a plunge of more than five per cent in the morning trading session.
* What is Singapore’s stance on the resumption of hostilities in Gaza?
Singapore is gravely concerned about the resumption of hostilities in Gaza, which has resulted in an increasing number of civilian casualties.
* What is Thailand’s plan to ease its financial burden?
Finance Minister Pichai is considering a new asset management company to buy people’s debt, following Thaksin’s proposal to ease Thailand’s financial burden.