By Miguel R. Camus
Malaysian budget airline giant AirAsia Bhd, through its local units, said it would pursue flights from Manila to Indonesia should planned air talks result to more flights, a senior company official said on Wednesday.
Indonesia’s central bank kept its key interest rate on hold Thursday, taking a cautious stance ahead of presidential polls, but gave a gloomy assessment for growth prospects this year.
By the staff
The group of businessman Manuel V. Pangilinan, aka MVP, is making plans to build another 600-megawatt coal-fired power plant somewhere in Luzon as an alternative to the stalled power project of Redondo Peninsula Energy Inc. (RP Energy) in Subic.
Indonesian growth slowed more than expected in the first quarter, official data showed Monday, as weak exports and tight monetary policy weighed on Southeast Asia’s top economy.
Foreign investors prefer Indonesia and the Philippines right now as they do not see any sign of a solution to Thailand’s political crisis, Chua Hak Bin, Asean economist at Bank of America Merrill Lynch, told The Nation during an exclusive interview.