China to roll out more policies to back property sector
Experts believe China will continue to defuse property sector risks in a steady and orderly manner with market-oriented measures, after the authorities recently issued a series of…
Policy Matters
Indonesia warns 6 foreign overseas travel agencies to register or risk being blocked
The ministry’s move came after the Indonesian Hotel and Restaurant Association called on the government to regulate foreign overseas travel agencies over losses incurred to…
Proper wage-setting method needed to protect Bangladeshi workers’ interests
"Discussions and establishment of a proper national wage-setting system based on predicting and understanding inflation and on being able to have competitive price point and wage…
Rule of law to consolidate high-level opening-up
A spokesman said that more such laws are on the nation's legislative agenda, but the purpose of such legislation is to bring more certainty and protection to the market and market…
China drafts new law to help develop private sector
The key focus will be placed on protecting the private companies' property rights and the rights and interests of entrepreneurs in accordance with the law, ensuring their…
‘4-day workweek, great opportunity for Gangwon’: governor
Major companies such as Samsung Electronics, Posco, SK, and others have already been piloting a 4-day workweek, said Kim, emphasizing the global trend of formalizing the four-day…
China’s central bank adds liquidity via reverse repos, MLF
The People's Bank of China injected 500 billion yuan ($70.39 billion) into the market through one-year MLF with an interest rate of 2.5 percent.
Bali’s tourist tax comes into force
The fee will have to be paid electronically through the "Love Bali" online portal and will apply to foreign tourists entering Bali from abroad or from other parts of Indonesia,…
After polls, Indonesia’s businesses hope for smooth political transition
American Chamber of Commerce managing director Ruddy said a smooth transition was important in any election and a single-round decision could support that by affording the…
China releases carbon emissions trading regulations
Effective on May 1, 2024, the regulations aim to provide a legal framework for the operation of China's carbon emissions trading market and ensure the effectiveness of related…