Duterte signs law allowing full foreign ownership of telcos, airlines, railways
Some sectors, however, will remain restricted to full foreign equity such as public utility vehicles, water, electricity, petroleum pipelines, and seaports.
Policy Matters
Indonesia raises palm oil export levies
The two ministerial regulations mark a shift in the government's strategy of stabilizing domestic cooking oil supplies from using regulatory restrictions to using market…
For one Japanese salaryman, nearly a decade of $4 annual pay rises
Prime Minister Fumio Kishida has urged profitable companies to boost wages at spring wage negotiations, setting a guideline for most other companies.
UK-Vietnam free trade agreement boosts bilateral trade
Vietnamese exports to the UK grew by over 16 per cent, with an increase of 24 per cent in the other direction.
High oil prices put new strains on Indonesia’s state budget
Global oil prices are one of six fundamental macroeconomic assumptions used to compile the state budget. These assumptions also include inflation and oil and gas production…
Now is a golden opportunity to reopen Vietnam’s tourism: Experts
Vietnam is expected to attract five million international tourist arrivals this year.
Biden signs executive order on cryptocurrencies
The executive order lays out a national policy for digital assets across six key priorities, including consumer and investor protection and financial stability.
$500 million package to help S’pore’s aviation sector recover from Covid-19
This is the latest in a slew of support measures for the sector since borders were shut in March 2020.
Covid-19, war in Ukraine behind price hike: Bangladesh PM
The PM said the government has made arrangements for monitoring the market.
No oil supply problem in Philippines, but rising prices prompt call for review
The Department of Energy undersecretary asked for a review to better allow the government to intervene when prices spike.