Cambodia urges stronger ASEAN insurance cooperation
Digital transformation also emerged as a critical priority during the annual regional meeting of ASEAN insurance regulators, with insurers across the region rapidly adopting…
Policy Matters
Singapore and Malaysia reaffirm commitment to setting effective frameworks for joint special economic zone
Key progress includes gazetting Kulai as part of Iskandar Malaysia and Malaysia drafting the Johor-Singapore Special Economic Zone (JS-SEZ) blueprint and masterplan, together with…
IMF slams Pakistan’s fiscal mismanagement
It demanded immediate steps, within three to six months, to enhance cash management, while also improving analytical capabilities and adopting a forward-looking approach to cash…
Central Bank of Myanmar says unauthorised trading, transfer, storage, and hoarding of crypto assets should be avoided
The Central Bank of Myanmar announced in the newspapers on May 3, 2019 that it does not allow the online or in-person trading of digital currencies, and that it does not consider…
Japan to charge foreigners more for residence permits, looking to align with Western countries
Residence permit fees were raised by ¥2,000 in April this year, setting them at ¥6,000 for changing residence status and renewing stays and ¥10,000 for those applying for…
WFP to invest over US$ 14 million to build climate-resilient food systems in Bhutan
The investment is part of the Country Strategic Plan 2024-2028, which aims to achieve two key outcomes by 2030: establishing climate-resilient livelihoods to enhance food security…
Singapore has varied toolkit, beyond taxes, to manage inequality: PM Wong
PM Wong highlights Singapore's policy levers beyond taxation, like public housing and CPF top-ups, that boost wealth for lower-income households and reduce inequality.
Singapore backs global push for sustainable cooling as cities step up heat action at COP30
Cooling can be unsustainable when it relies heavily on electricity generated from fossil fuels, which contribute to planet-warming emissions. Certain cooling devices also rely on…
Japan PM Takaichi vows to have country exit deflation, closely monitor economic indicators
PM Takaichi defined an exit from deflation as a situation in which price levels are no longer falling and they seem unlikely to resume falling.
‘Greenwashing’ concerns raised as Indonesia offers carbon trade at COP30
Indonesia will become a global center for a high-integrity carbon market that would contribute to real and measurable climate action, said Indonesia’s COP30 delegation leader…