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May 20, 2025
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  3. Economic Affairs (Page 2)

Economic Affairs

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Indonesian businesses struggle to retain talent as pressure mounts to ditch arbitrary methods

Fostering a positive work environment, offering clear career paths and investing in training programs are crucial to boosting employee engagement and long-term retention, experts…

  • Published: May 19, 20258:50 am
  • Author Aditya Hadi
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  • BUSINESS
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Indonesia ups palm oil export levy to 10% as government boosts biofuel, replanting efforts

The government is slated to raise its export levy on crude palm oil from 7.5 percent to 10 percent of the reference price starting May 17 to fund a biofuel program and replanting…

  • Published: May 16, 20251:41 pm
  • Author Divya Karyza
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Southeast Asia e-commerce sales projected to more than double by 2030: report

Cube’s data predicts that total e-commerce sales will grow from US$184 billion (S$239 billion) in 2024 to US$410 billion by 2030, which reflects a compound annual growth rate of…

  • Published: May 16, 20259:50 am
  • Author Megan Wee
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Japan Finance Ministry considering consumption tax on low-cost imported goods priced at ¥10,000 or less

The ministry aims to level the playing field for competition between domestic and foreign businesses.

  • Published: May 16, 20258:25 am
  • Author The Japan News
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  • BUSINESS
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Pakistan pulled off a ‘macroeconomic miracle’: report

While inflation was down from 40 per cent annually to near zero, Eurobonds maturing in 2031 rose from 40 cents on the dollar to 80 cents. The KSE-100 index has also tripled.

  • Published: May 15, 20251:57 pm
  • Author Dawn
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  • BUSINESS
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Malaysia still prime location for supply chain diversification

Tradeview Capital chief investment officer Nixon Wong said the impact on Malaysia’s FDI would depend on the confirmed tariff rates imposed on Putrajaya. Only then companies can…

  • Published: May 15, 20251:54 pm
  • Author Elim Poon
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Chinese exporters pivot to home market amid headwinds

Industry experts said the shift reflects how Chinese manufacturers are reducing their reliance on the US market and it also aligns with China's broader push to boost domestic…

  • Published: May 15, 20258:57 am
  • Author Cheng Yu
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Businesses defend age limit for job applications as Indonesian government plans to scrap them

Businesses note that some companies need age caps to simplify the hiring process, especially when there are large applicant pools.

  • Published: May 15, 20258:35 am
  • Author Aditya Hadi
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  • BUSINESS
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Plunge in Chinese tourists hits souvenir sales; Thai retailers shift focus to Middle East, Europe

Chinese tourists have long been major spenders in Thailand, especially on souvenirs. However, recent safety concerns have significantly shaken confidence, leading to a steep drop…

  • Published: May 14, 20251:45 pm
  • Author The Nation
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Services consumption to underpin China’s economic growth

A high-level meeting convened by China's top leadership in late April placed high premiums on efforts to boost services consumption and strengthen the role of consumption in…

  • Published: May 14, 20259:00 am
  • Author Wang Keju

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