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Bank Indonesia’s chief sees room to slash rates

Bloomberg Bank Indonesia sees room to cut interest rates, according to Governor Perry Warjiyo, raising the prospect of Southeast Asia’s biggest economy easing monetary policy in the face of growing risks to growth. “If we take into account low inflation and economic growth that needs to be pushed, indeed, we already know that there’s room to lower interest rate,” Warjiyo ...

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Boeing is open to changing name of grounded 737 Max jet

Bloomberg Boeing Co is open to dropping the “Max” branding for its latest 737 jetliner, depending on an assessment of consumer and airline responses to an aircraft name that’s been tarnished by two fatal crashes and a three-month grounding. “I’d say we’re being open-minded to all the input we get,” Chief Financial Officer Greg Smith said in an interview on ...

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Cebu orders 31 Airbus planes worth $6.8bn

Bloomberg Cebu Air Inc ordered 31 aircraft from Airbus SE worth $6.8 billion as the Philippines’ largest budget carrier targets an all-new fleet in five years. The order for 16 A330neo and 15 A320neo family aircraft including 10 A321 XLR was made during the Paris Air Show, the airline owned by billionaire John Gokongwei said in a statement. The jets ...

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