Southeast Asian businesses face 400 ransomware attacks daily
Among the hardest hit were businesses in Indonesia, with 57,554 attacks, followed by Vietnam (29,282), the Philippines (21,629), Thailand (13,958), Malaysia (12,643), and…
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Latest tariffs to speed up China’s semiconductor innovation drive
Analysts said Washington's tariffs and tightened chip restrictions will motivate Chinese companies to double down on research and development to achieve tech breakthroughs and…
More U.S. rice could reach Japan tariff free, as Tokyo aims to placate Washington
U.S. President Trump has repeatedly criticised Japan over the rice market, citing an inaccurate figure that “Japan imposes a 700% tariff.”
Vietnam’s solar exports hit with US duties of up to 542.6 percent
According to the US Department of Commerce, solar cell and panel imports will face varying countervailing duties — as high as 3,403.9 percent for Cambodia, 799.5 percent for…
US to impose new duties on solar imports from Southeast Asia
The tariffs on companies from Cambodia, Thailand, Malaysia and Vietnam will still need to be ratified at a meeting of the International Trade Commission in June.
Indonesia food plan risks ‘world’s largest’ deforestation
Keen to end its reliance on rice imports, Indonesia wants to plant vast tracts of the crop, along with sugar cane for biofuel, in the restive eastern region.
External shocks pushing shift of China’s growth model
China has prioritised expanding domestic demand and boosting technological innovations on its economic agenda for the year, which economists say mark the country's shift to…
Meta, TikTok back Indonesia’s push for child online safety
Signed by Indonesian President Prabowo Subianto on March 28, the government regulation on child protection for electronic system providers mandates platforms to implement more…
Tariff wars spark panic buying of K-beauty products in the US
The panic buying comes as South Korea was slapped with a 25 per cent reciprocal tariff rate – among the worst-hit of countries with existing free trade agreements with the US.
Indonesia’s retail sales barely grow despite Idul Fitri boost
Respondents to the survey said they were more optimistic about the outlook for the next three to six months, as they expect sales to increase in May and August thanks to…