Indonesia President Prabowo’s economic policies put investors on edge
National Economic Council member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural…
Economic Affairs
China to ramp up reforms to help bolster financial, capital strengths
Officials and economist said specific measures to be taken this year include incentivising State-owned capital investment in tech-heavy, early-stage companies, and accommodating…
Japan set to raise international tourist tax to alleviate overtourism
It is currently at ¥1,000 per person and levied on people leaving Japan as a “departure tax."
US tariffs may impact Vietnam’s aluminium and steel exports
The US is currently the third-largest export market for Vietnamese steel, accounting for 13 percent of total export turnover, behind ASEAN and the EU.
Key challenges to Johor-Singapore SEZ
Despite the positive momentum, questions remain about the blueprint or roadmap to ensure that this project does not become a white elephant.
Changes to US duty-free policy to bring higher prices, experts say
The comments came as US President Donald Trump temporarily suspended the imposition of tariffs on low-value products from China shortly after announcing an end to the duty-free…
India’s middle class hit hard by stock market decline: Samajwadi Party President
Samajwadi Party President Akhilesh Yadav said due to the continuous poor performance of Nifty over a few months, the news has proved that this year the Indian stock market has…
South Korea’s top financial regulator warns Apple Pay against shifting fee burden to consumers
Apple Pay entered the Korean market through Hyundai Card, a credit card issuer under Hyundai Motor Group. Nearly two years since its launch, Apple is now in discussions with other…
Indonesia’s newly launched sovereign wealth fund faces uphill battle for investor trust, say analysts
Called Daya Anagata Nusantara or Danantara, it is a superholding set to consolidate all state-owned enterprises (SOEs) and is envisioned as a national investment management firm…
Report warns of explosive debt increase, growth freeze in South Korea
These concerns are fueled by South Korea being the world’s fastest aging population, while the country’s productivity is expected to nearly stagnate by 2072.