Coordinating Ministry for Political, Legal, and Security Affairs ( Kemenpolhukam) Mahfud Md said that next month Indonesia is facing a “near-certain recession”. “Meanwhile, economic life continues to decline. Next month it is almost certain that there will be an economic recession in Indonesia 99.9%,” said Mahfud when giving a speech at the Yogyakarta artists and cultural gathering event at Warung …

KUALA LUMPUR – Prime Minister Muhyiddin Yassin named CIMB Group chief executive officer Tengku Zafrul Tengku Abdul Aziz as new finance minister in his new administration. Tengku Datuk Seri Zafrul Tengku Abdul Aziz expressed gratitude towards the prime minister and pledged to work hard in serving the nation. “I am humbled by this enormous responsibility especially at a time when …