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,…
Policy Matters
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…
Thai banks take action to help 6.1 million accounts settle debts
TBA president said that the association’s members have been helping debtors who have been having trouble repaying their debts since the Covid-19 pandemic.
Stabilisation fund talk in China spurs investor sentiment
While policymakers have not yet commented on the widely anticipated buffer fund, the benchmark Shanghai Composite Index closed up 1.8 percent on January 24 to regain its…
Entertainment tax put on hold, Minister Luhut says
Minister Luhut said the government had met with several stakeholders, and it had decided to evaluate the policy. He said the tax hike would affect many, extending beyond the…
State Bank of Pakistan confirms receiving $700 million tranche from IMF
“Pakistan will have to continue with a tight fiscal policy to ensure economic stability and will have to enter a new EFF IMF program as soon as this SBA ends to ensure roll over…
Bank of Thailand insists current policy interest rate ‘appropriate’
Secretary of the bank's Monetary Policy Committee, explained that the disinflation was due to government-supported measures, while real demand in the domestic market and export…
Hong Kong to help universities explore hiring in Middle East, ASEAN
The government will allocate funding in the 2024 Budget to form the Alliance of Universities in Applied Sciences, which was proposed in the 2023 Policy Address, supporting further…
Aviation innovation centre set up in S’pore to tackle capacity constraints, carbon emissions
The centre will undertake research and development projects in four key areas: next-generation air navigation services, automated and smart airports, unmanned aviation systems and…