NASA Just Released an Amazing New Video Showing What Neil Armstrong Saw During the Final Crucial Moments of the Moon Landing | https://t.co/Nx9vJwCQha via @Inc
Indonesia wants to re-position its Batam island as an alternative shipping and manufacturing hub to Singapore with a potential to draw $60 billion in new investment. | https://t.co/Sl2pKJHfOD via @markets
Bigtech in China: With business models built around advanced technology and data, and with the advantages of an immense domestic market, a supportive policy environment, and ample capital, these companies are constructing a new corporate model. | https://t.co/yKyk5fJw43 via @IIF
South Korean President Moon Jae-in today replaced his finance minister and chief policy aide amid slowing economic growth. Despite policies aimed at raising incomes and reducing unemployment, a soft labor market is negatively affecting consumer sentiment and private consumption.
Korea’s latest consumer sentiment survey suggests a further slowdown in y/y private consumption growth, despite a mild q/q pickup in Q3. The elevated unemployment rate and weak jobs growth are weighing on consumer spending.
Indonesia's adequate reserves and high FDI reduce external vulnerability, but robust inflows to IDR-denominated bonds in recent years have increased concentration risk. | The Institute of International Finance https://t.co/YINVea9WYZ via @IIF @SergiLanauIIF @RezaYamora
Import restrictions contributed to the September trade surplus in Indonesia. Imports, however, closely correlate with investment. Tighter import measures may raise the cost of investment, and thus lower investment and GDP growth.
Malaysia central bank governor wants option of capital controls. Asian policymakers challenge orthodoxy by seeking measures to pre-empt financial crises. via @FT
https://t.co/BajOqzoux2
The Reserve Bank of India issued final guidelines to enable the seamless transfer of funds between mobile wallets. The rules also allow mobile wallets to issue cards in partnership with card networks. | https://t.co/mtODzAlYMu via @BloombergQuint
Indonesia’s current account deficit is widening and non-resident capital flows are slowing. We do not however expect the deficit to become an acute risk or a structural challenge. Policy responses will help reduce imbalances, but they may also reduce growth. @IIF
Bank Indonesia has hiked its policy rate by 150bps so far this year, taking a more aggressive path than the central banks of India and the Philippines considering the low inflation environment in the country.
The latest edition of the @IIF Frontier Markets Scorecard assesses vulnerabilities in Frontier Markets against the backdrop of rising rates, a stronger USD and more volatile capital flows. | https://t.co/KubbiJmZs2
Our latest analysis on Thailand suggests the economy is set to grow at its fastest pace since 2012, driven by investment and consumption. External headwinds, particularly global protectionist policies, are the main risk to the outlook. | https://t.co/WqdKO3v40r via @IIF