Philippines may import sugar around October if supply runs out
However, the amount would be smaller than the proposed 300,000 metric tons, President Ferdinand Marcos Jr. said.
Policy Matters
S’pore drink outlets must label beverages high in sugar, saturated fat on their menus
Coming into effect by the end of next year, this is part of the government's efforts to influence consumers' diet and sugar intake in order to win the war on diabetes.
New US chip subsidy bill poses threat to global economy: Chinese trade associations
The bill stipulates a series of measures so as to encourage companies to build factories in the US.
The challenges of reduced working hours
The Malaysian government has announced that amendments to the Employment Act, which will see weekly working hours reduced from 48 to 45 hours, will be enforced from Sept 1.
South Korea’s work flexibility still far more rigid than advanced economies
The statutory working hours in Korea are eight hours per day and 40 hours per week, unlike the US and the UK, which regulate only weekly working hours.
PayPal registers in Indonesia, access unblocked, company says
The government had blocked PayPal's website due to its failure to comply to licensing rules, but access was temporarily opened starting July 31 to allow customers to transfer…
Japanese govt panel submits proposal for ¥31 minimum wage increase
It is the largest increase recommended by the Central Minimum Wages Council, exceeding the previous record of ¥28 proposed in the fiscal year 2021.
Revitalization minister Yamagiwa to serve as minister for startups
Fostering startups is a key part of the prime minister’s ‘new capitalism’ policy goal, and Prime Minister Kishida aims to speed up progress in this area.
‘Digital tax’ pours $167 million into Indonesia’s state coffers in first half of 2022
Rp 2.47 trillion came from VAT on transactions made through electronic systems on digital platforms like Google, which the government has collected since 2020.
Japan puts priority on developing a work-ready ‘digital workforce’
Based on its existing educational framework, Japan is not currently capable of responding to the serious ongoing shortage in digital manpower.