Attractive mainland policies lure businesses from Taiwan
Preferential policies on taxation, customs clearance, land use, and talent recruitment are some of the perks that Tawainese businesses benefit from.
Policy Matters
Resolve shortage of foreign workers: Malaysian stakeholders
The business fraternity said extending the terms of existing foreign workers to three more years would help while the recruitment of extra hands was undertaken.
Nepal continues import ban on 10 goods items as foreign exchange reserves dwindle
The latest restriction, till August-end, has been imposed on importing mobile sets that are priced over $300 and motorcycles with capacity over 150cc.
Weak won set to persist with US intent on more rate hikes
The breach of the 1,300 won psychological threshold is the latest indication that policymakers in Seoul have fewer tools to prevent economic shocks originating elsewhere.
China rolls on with 5G deployment, development
As of the end of May, the domestic 5G network covers all prefecture-level cities, urban areas of counties across the country and 92 per cent of urban villages and towns.
China’s digital yuan transactions hit 83 billion yuan
The pilot program of the digital fiat currency, or the e-CNY, has been expanded to 23 places in 15 provincial-level regions.
Indonesia temporarily halts sending migrant workers to Malaysia
The freeze is the latest blow for Malaysia, which is facing a shortage of some 1.2 million workers that could derail its economic recovery.
Indonesia may miss oil-lifting target in 2022: SKK Migas
Indonesia’s oil-and-gas industry continues to face challenges as investment and ready-to-sell oil-and-gas production, or lifting, in this year’s first quarter was well under…
Hong Kong civil servants’ pay to rise 2.5%
The Chief Executive-in-Council approved the pay hike after considering staff’s response to the pay offers, state of the economy, government's fiscal position, among others.
Xi’s call for innovation driven strategy to spur scientists
Xi called for greater progress in science and technology, to make the country's development more secure.