Tobacco excise duty increase still matters
Indonesia once had the title of a “baby-smoker’s country” because of the high prevalence of smoking among children.
Policy Matters
South Korea to extend tax cuts as inflation saps demand, growth
Authorities hope the tax reduction can temper the spike in prices for public utilities such as electric and gas. In October, public utility charges in Korea surged by 23.1 per…
Japan to accept more workers from Central Asia
The Foreign Minister is expected to announce the policy in a meeting between the foreign ministers of Japan and five Central Asian nations of the former Soviet bloc.
Bangladesh Bank relaxes loan repayment policy again
Insiders expressed their worries that the relaxed policy would deepen the liquidity stress in the banking sector as lenders will not get back the expected amount of funds from…
Be prepared to pay actual cost of electricity generation: Bangladesh PM
She said the government had to ration electricity in the country for some days due to the global price hike of fuel and gas.
New Singapore-EU pact to boost cooperation and establish common framework in digital realm
The agreement will see the two sides working together on issues such as making safe data exchange possible and using digital solutions to make supply chains more resilient.
Thailand eyes national big data institute to help with development
The Cabinet approved a draft decree on setting up a national big data institute that will help in Thailand’s development as a data-driven nation.
Chinese cities unveil policies to stimulate economic recovery
Through various policies this year, the Shenzhen city government has helped companies reduce their burden by more than 150 billion yuan ($21.56 billion).
Lawmakers eyeing more changes in Philippine’s Sovereign Wealth Fun plan
Officials announced on Wednesday the removal of the Government Service Insurance System and the Social Security System from the list of funders for the fund.
Korea vows to ease regulatory hurdles for foreign firms
More incentives have been promised for semiconductors, batteries, and biotech.