China’s export tax refund and exemption reach 1.64 trillion
At the same time, the tax department also enhanced cracking down on tax fraud on a regular basis.
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Indonesians favor e-wallet over cash as GoPay continues its dominance: Survey
For various transactions, 71 per cent of respondents surveyed are in favour of using e-wallet rather than cash (49 per cent) or bank transfer (24 per cent).
South Korea’s chip exports dwindle as dependence on China increases
Market observers say it is important for the country to foster system semiconductors that are seeing increase in demand in the US and Europe.
Poverty plaguing young generation in S. Korea
The economic hardships of young people are becoming increasingly detrimental to society, reflecting in lower fertility rates.
LG taps two female CEOs in unprecedented move
Korea's fourth-largest business group zeroes in on diversity, future planning in year-end reshuffle.
Philippines, Vietnam to lead SE Asia growth in 2023, says Moody’s
Overall, however, the research firm the Asia-Pacific economy was slowing as trade slows and China struggles amid stubborn inflation.
International cruise ships to start from Japan once more
Japan will also reopen its ports to international cruise ships from March next year.
Hong Kong loses luxury shopping crown to New York
Manhattan’s Upper Fifth Avenue is now the priciest street globally for shopping, followed by Hong Kong’s Tsim Sha Tsui district.
Yoon asks Tesla chief to build ‘gigafactory’ in South Korea
Elon Musk concurs that S. Korea could be his investment destination for the factory to make electric batteries.
Supply disruptions likely in South Korea as cargo union pushes ahead with strike
The union claimed the government has failed to continue the safe trucking freight rates system that both sides had agreed on in June.