Jokowi wants local governments to ditch Visa, Mastercard
The President has recommended that people start using credit cards issued by domestic banks to shield transactions from possible geopolitical fallout.
Business
Japan’s big firms offer largest pay rises in decades
This came despite many unions making ambitious pay-scale hike demands of levels unseen in recent years.
Korea to build world’s largest system chip cluster
Samsung will lead investment in the new non-memory chip cluster in Yongin that could create 1.6m jobs
‘Game changer’: India allows entry of foreign law firms
The foreign law firms will be allowed to offer corporate law and M&A services to clients.
Taiwan shipping giant Evergreen to give staff 11-month mid-year bonus after massive year-end payout
The company made headlines last December for rewarding employees with massive year-end bonuses worth up to 52 months’ pay.
Chaos at Delhi airport: Passengers complain of prolonged wait
“Three-hour-long queues for immigration and security check. People are fainting, fighting,” tweeted a passenger.
Samsung Pay boosts ties with Naver, Kakao to cement payment leadership
Samsung Electronics has been in discussion with Kakao Pay over a potential partnership deal, seeking synergy between the two payment services.
The long-term prospects of Indonesia’s logistics sector
Logistics transportation is one of the supports for the rise of Indonesia's economy that is currently in a slump due to the Covid-19 pandemic.
Japan sees facial care products sales boost as mask rules relax
This seems to show that more and more people are preparing to go maskless.
Take steps to protect local banks: Malaysian Chinese Association president
He urged the government to implement proactive policies and issuing statements to reassure Malaysians that banks are still safe.