President Yoon proposes abandoning investor income tax plan
The scheme was designed for comprehensive taxation on a capital market investor's annual net income from investment across a range of financial instruments, including shares,…
Policy Matters
Hong Kong starts consultation on proposed stablecoin regulations
The legislative proposal includes introducing new legislation to implement a licensing regime requiring all fiat-referenced stablecoin issuers that meet certain conditions to be…
Philippine lawmaker wants fees waived for small transactions via e-wallet
The waiver of fees will apply to transactions such as, but not limited to: sending money to another e-wallet user, cashing into an e-wallet account or cashing out from an e-wallet…
Gov’t unveils P585 billion local borrowing plan for Q1 2024
The government will sell Treasury bills amounting to P195 billion and Treasury bonds worth P390 billion in the first three months of 2024.
Indonesia mulls lifting lobster larvae export ban in return for investment
Exports of lobster larvae were halted in 2016 to prevent over-exploitation, but were reopened in 2020 under former fisheries minister Edhy Prabowo.
Nickel plan sidelined as Indonesia pushes EV market with new incentives
Through the policy changes, the government will allow any automaker planning to set up EV plants in the country to import fully built-up or completely knocked down EVs without…
TAT sets THB3.5 trillion target for 2024, will boost domestic tourism
The Tourism Authority of Thailand wants to reduce dependency on any single market, while it is working on increasing the average spending of tourists.
Indonesia needs more skilled expatriates to help create jobs: Chamber of Commerce and Industry
Some foreign business associations have raised concerns related to the complexity of the work permit process as well as a lack of clarity and transparency in the government's…
Philippine Senate ratifies P5.768 trillion national budget for 2024
Before senators voted on the General Appropriations Bill, Senate President Juan Miguel Zubiri made sure that the upper chamber would not get any confidential and intelligence…
South Korea to set up commission to combat supply chain disruptions
Together with the Ministry of Foreign Affairs, the Korea Customs Service and the Public Procurement Service, authorities will work to identify risks to supply chains that are…