Bloomberg Indonesia’s weakening currency is a good thing as it will spur the government to accelerate reforms to bolster the economy, according to Thomas Lembong, chairman of the Investment Coordinating Board. The government will soon outline measures to open up the economy to more foreign investment, Lembong said at the “Bloomberg Modern Markets” conference in Bali, declining to elaborate ahead ...

Bloomberg India is considering a proposal to increase import duties on a raft of products ranging from plastic to steel as it seeks to curb a ballooning current-account deficit and prop up a sagging rupee, people familiar with the matter said. Prime Minister Narendra Modi’s administration is planning to increase tariff on items including furniture, chemicals and mobile phone components. ...

Bloomberg Singapore home prices may rise as much as 10 percent by the end of next year and are on track to double by 2030 as faster income growth overpowers recent property curbs and higher interest rates, according to according to Morgan Stanley. Home prices rose in four of the five previous rate hike cycles, Morgan Stanley analysts said in ...