China increases efforts to help small and midsize rural commercial banks
It is estimated that some of the deferred repayments of principal and interest on loans to these enterprises during the Covid-19 pandemic will turn into bad loans.
Policy Matters
Competition Commission investigation will cover all in the poultry industry: Minister
The Malaysia Competition Commission will conduct investigations of allegedly engaged in anti-competitive agreements and/or abuse of dominant position to influence market prices.
India govt cautions restaurants against forcing consumers to pay service charges
Consumers are also being falsely misled on the legality of such charges and harassed by restaurants on making a request to remove such charges from the bill amount.
Indonesia’s policy uncertainty hampers resumption of palm oil exports
The world's biggest palm oil producer had halted exports of the commodity from April 28 in an attempt to bring down soaring local prices of cooking oil, rattling global edible oil…
Cambodia, Myanmar expedite trade deals
Vice-president of the Cambodia Chamber of Commerce said the Double Taxation Avoidance Agreement will make it easier for investors to pay taxes, attracting more cross-border…
Bali requests endemic status to boost tourism
Bali Governor Wayan Koster emphasized that Bali tourism and economic recovery were urgent as Bali had been facing its deepest slump for more than two years.
China creates evaluation system to level up skilled workers
The nation will standardize technical professions by improving the evaluation system and skills assessment, with workers' ethics and the spirit of craftsmanship will be included…
China’s economy to be back on track soon: Official
The official also said the commission will step up macro policy adjustments and help firms restore production capacity.
Cambodia’s sovereign bonds debuting in 2022: Minister
They will serve as a new financial instrument for institutional investors, insurance companies and banks.
Digital strategy centers eyed to support Japan’s fisheries industry
The government aims to revitalize the sector by promoting digitization, which will improve operational efficiency, strengthen production areas’ brand power, and increase the…