Pakistan’s state-run firms worst in Asia: World Bank
On an annual basis, these entities together swallow more than Rs458 billion in public funds to stay afloat as their combined loans and guarantees surged to almost 10 per cent of…
Policy Matters
New overtime restrictions loom over Japan’s logistics industry
However, concern has grown over whether logistics networks for home delivery, among others, can be maintained under the new regulations.
China’s monetary policy to back real economy
With the financial support, consumer demand is expected to recover and price inflation will return to the average level of the previous years.
China unveils draft law to regulate the use of generative AI technology
The draft aims to regulate the use of generative AI technology and promote its healthy development.
Call to abolish Japan’s foreign intern program reflects battle for manpower
A system must be created that guarantees a good working environment for foreign nationals, they said.
Greater Bay Area moves toward further alignment
Alignment has been a difficult yet important matter in its development, as each area is cooperating with respect to the "one country, two systems".
Australia to ban TikTok on government devices over security concerns
The ban underscores growing worries that China’s government could use the Beijing-based company, owned by ByteDance, to harvest users’ data to advance its political agenda.
Seoul to spend W10tr to become world’s 5th-largest medical device exporter
The government plans to simplify procedures for clinical trial approval so that new technologies can enter markets more quickly.
Eggs from Indonesia approved for import; country is Singapore’s 18th source
Around two-thirds of Singapore’s eggs are imported and the remaining is produced domestically.
Korean chips act aims to extend tax cuts for local chipmakers
With the latest amendment, conglomerates and companies could receive a tax cut of 25 per cent at maximum.