China expresses concern over US’ EV subsidy provisions
The provisions are suspected of violating the principles of the World Trade Organization such as most-favoured-nation treatment and national treatment.
Policy Matters
‘Rigid policies not letting us soar’: Bangladesh aviation industry insiders
Pointing to the high rates of surcharge and import duty on spare parts, Managing Director of Novoair mentioned at least three private airlines that had to ground their fleet.
Bangladeshi banks can now maintain accounts in Chinese Yuan
An official said the government had declared the CNY as convertible currency in March 2014, but many banks are still not using the currency for foreign trades.
South Korea to invest 67 trillion won to spur provincial economy
To bolster its responsiveness to fears of oncoming recession and other geopolitical risks, the nation said it has decided to speed up its spending scheme.
Cambodia to push for establishment of RCEP Secretariat in Siem Reap
Prime Minister Hun Sen called on Beijing, on Aug 3, to support the setting up of the RCEP office in Cambodia.
Welcome, rich foreigners: Malaysia
Malaysia’s new “residence by investment” visa scheme, beginning on Oct 1, is set to attract foreign tycoons and wealthy businessmen to invest and give the economy a boost.
Digital Agency struggles to reform Japanese bureaucracy 1 year after launch
The agency's role as a control tower for the digitisation of government work has stalled due to resistance from officials.
Task forces to speed up stimulus package
China called on major economic provinces to take the lead in supporting the country's growth amid downward pressures, after key indicators slowed in July.
Philippine Department of Agriculture pushes boost to salt making
Early August, the Philippine Chamber of Agriculture and Food Inc., called for a budget for the local salt industry as the country was sourcing 93 percent of its salt needs from…
South Korea’s education ministry to nurture 1 million skilled workers for digital industry
The ministry will push for measures to produce skilled workers, including software and artificial intelligence education for elementary and middle schools within this year.