Indonesia passes job decree into law to streamline business rules despite criticism
The regulation was declared "conditionally unconstitutional" in 2021 as it used the unrecognised omnibus method to revise multiple laws at once.
Policy Matters
Indian state Karnataka passes flexible labour law to match China’s
The southern state is the first in India to allow round-the-clock production with two 12-hour shifts, akin to the practice in China factories.
Siem Reap-Yunnan ties set to grow
The bulk of Yunnan-backed projects are large-scale, long-term and will significantly contribute to economic growth, a statement said.
Chan: Over 700 private equity funds have set up shop in HK
The government introduced the limited partnership fund regime to attract private investment funds to operate in the form of limited partnerships.
Japanese businesses call for security clearance system
Under the system, the government will screen individuals and authorize those who qualify to access sensitive information, such as that related to national security.
Chinese e-vehicle makers look to expand across world
New confidence in overseas markets comes in the wake of favorable government policies.
China plans more steps to attract, utilise foreign investment
The country will steadily expand institutional opening-up by proactively adopting relevant rules, regulations, and standards.
Reduced corporate tax rates yield no benefits
More than 80 per cent of the economy is informal so it is not possible for companies to take benefit of the reduced rates, said a top official.
Japanese companies back in black amid waning ‘No Japan’ boycott in South Korea
Hyundai Department Store's sales of Japanese home appliances and games recorded double-digit increases from 2021.
China’s big firms put reputation at risk in Batang Toru power plant
While battling public scrutiny over encroaching on an endangered orangutan habitat, the hydropower plant also experienced financial struggles.