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With China’s stock market turmoil and Greece’s debt issues, it’s easy to miss out the woes that are befalling Singapore’s southern neighbour, Indonesia. The rupiah, Indonesia’s currency, has crashed by around 50% against the Singapore dollar since the start…
Singapore-headquartered Lippo Malls Indonesia Retail Belief is to purchase two purchasing centres in Indonesia. The properties are Palembang Icon and Lippo Plaza Batu, collectively value $83.33 million (or Rp1.06 trillion). The Batu Metropolis mall is a small…
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