
Indonesia keeps key interest rate at 7.5 pct
Indonesia’s central bank has decided to maintain the key interest rate at 7.5 percent and deposit facility rate at 5.75 percent, saying the levels are in line with the goal of keeping inflation at 3.5-5.5 percent this year.
ASEAN community tipped to bring social benefits
The integration of the ASEAN community will present many opportunities and benefits, said Thomas Thomas, chief executive officer of the ASEAN Corporate Social Responsibility (CSR) Network, on June 12.
Indonesia fights corruption in energy industry
Indonesian Minister of Energy and Mineral Resources Jero Wacik (Source: Antara News)
Breast cancer survivors 'do not exercise enough'
Being active is known to be beneficial but US researchers, writing in the journal Cancer, said they had found many women did too little.
China’s East Sea illegal acts condemned globally
Chinese ship fires water cannon at Vietnamese vessel (Photo: VNA)
US strengthens ties with ASEAN
Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel will travel to Myanmar to attend a series of meetings of the Association of Southeast Asian Nations (ASEAN) from June 7-9, the US State Department announced on June 5.
Australia protests against unilateral acts in East Sea
Australian Prime Minister Tony Abbott (Source: Theaustralian.com.au)
Solar plane set for inaugural flight
The Solar Impulse 2 will take off from Payerne airfield in Switzerland.
Google to close Motorola smartphone factory in Texas
Google's Motorola Mobility has said it will close its Fort Worth, Texas factory after its Moto X smartphone failed to appeal to consumers. The facility - which is the only smartphone factory in the US - opened in May of last year. At its peak, the factory employed 3,800 people, although now only 700 workers remain. In January, Google said it was selling the Motorola Mobility unit to Lenovo for $3bn (£1.8bn; 2.2bn euros). That deal is expected to close later this year. When the Texas plant opened last year, Motorola said it was aiming to challenge the conventional wisdom that manufacturing advanced electronics products like smartphones in the US would be too expensive. However, poor sales of the Moto X smartphone in the US - which initially retailed for $600 before the price was dropped to $399 - made it difficult to justify the higher costs of the plant. According to research firm Strategy Analytics, the company sold 900,000 Moto X smartphones worldwide in the first three months of 2014. Motorola says that the Moto X smartphone will still continue to be manufactured at plants in China and Brazil. BBC
Google is to start building its own self-driving cars
The car will have a stop-go button but no controls, steering wheel or pedals.
Sisi wins election, faces economic challenges
Supporters of Abdel Fattah al-Sisi greet police officers while they celebrate Sis presidential election victory at Tahrir square in Cairo May 28, 2014. (Credit: REUTERS)
Indonesia intensifies fight against drug trafficking
Indonesia has stepped up monitoring travellers, especially those from China and Malaysia, in an effort to fight the illegal transport and trade of drugs.