Indonesia’s central bank will keep interest rates on hold on Thursday, a Reuters poll showed, though some economists say a rate cut to bolster economic growth is coming — and one sees a possible trim next month.
South Korea’s employment indices have continued to struggle so far this year, with the jobless rate hitting a record high since the aftermath of the global financial crisis, and the number of newly employed people extending a five-month low, government data showed on Wednesday.
Indonesia has been striving to reduce its poverty rate that is expected to reach nine percent by the end of this year, National Development Planning Minister Bambang Brodjonegoro stated in Jakarta on Monday.
Indonesia has maintained a single-digit poverty rate as it posted a 9.66-percent rate as of September 2018, Statistics Indonesia (BPS) reported on Tuesday, with the number of poor people standing at 25.67 million.
Worried by prospects of a pause in the US interest rate hike cycle, the Bank of Japan is shifting focus towards a risk that it may be forced to deploy more stimulus this year to stop sharp yen rises from derailing an economic recovery, sources say.
A proposal to establish a fund to reward families for having two children, created by Nanjing University Professor Liu Zhibiao and published by Xinhua Daily on August 14, was an absurd idea amid an ongoing national conversation about how China can halt declining birth rates.