Xinhua
23 Feb 2021, 16:00 GMT+10
JAKARTA -- Indonesia's economic liquidity or money supply (M2) in January 2021 amounted to 6,761.0 trillion rupiahs (about 480.2 billion U.S. dollars), up 11.8 percent year-on-year, an official said.
Based on its component, the M2 growth was driven by quasi money, which grew by 9.7 percent year-on-year, lower than the 10.5-percent growth in December last year, particularly for time deposits, Erwin Haryono, executive director of the Communication Department at the Bank Indonesia, said in a statement on Tuesday. (Indonesia-M2 Growth)
- - - -
SEOUL -- South Korea's household debts hit a new record high last year as households rushed to purchase home and stocks with borrowed money amid the record-low policy rate, central bank data showed Tuesday.
Household credit reached a new high of 1,726.1 trillion won (1.6 trillion U.S. dollars) as of the end of December, up 125.8 trillion won (113.4 billion dollars) from a year earlier, according to the Bank of Korea. It marked the biggest yearly increase in four years since 2016. (South Korea-Household Debts)
- - - -
SINGAPORE -- The Ministry of Trade and Industry and Monetary Authority of Singapore (MAS) said on Tuesday that the MAS Core Inflation edged up to -0.2 percent on a year-on-year basis in January 2021, from -0.3 percent last December.
The rise was due to a smaller decline in services costs. (Singapore-Core Inflation)
- - - -
COLOMBO -- Sri Lanka's headline inflation dipped to 3.7 percent in January 2021 from 4.6 percent in December 2020, local media citing data from the Department of Census and Statistics (DCS) reported here Tuesday.
According to DCS data, inflation in food groups was 2.7 percent and driven by price increases in rice, coconuts, green chilies, vegetables, red onions, fresh fish, fresh fruits, turmeric powder, coconut oil, tamarind and dried chilies. (Sri Lanka-Headline Inflation)
Get a daily dose of International Travel News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.
More InformationLONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
Kolkata (West Bengal) [India], July 10 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said that the responsibility...
Kolkata (West Bengal) [India], July 10 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah on Thursday said that he stands firmly...
AJMAN, 10th July, 2025 (WAM) -- The Ajman Department of Tourism Development (ADTD) has honoured the winners of the Tourism Innovator...
Howrah (West Bengal) [India], July 10 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah on Thursday attended a conference with...