Thailand’s plan to legalise casinos big threat to Philippine gaming sector
Among the steps being taken by the Philippine Gaming and Amusement Corp. are improvements in the regulatory environment in order to attract more investments.
Economic Affairs
Distrust in Indonesia’s new sovereign wealth fund sparks online calls to switch banks
Public opinion has split on Danantara, which aims to consolidate major state-owned enterprises (SOEs) including those in the banking sector, at a time when state budget cuts have…
Indonesia President Prabowo’s economic policies put investors on edge
National Economic Council member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural…
China to ramp up reforms to help bolster financial, capital strengths
Officials and economist said specific measures to be taken this year include incentivising State-owned capital investment in tech-heavy, early-stage companies, and accommodating…
Japan set to raise international tourist tax to alleviate overtourism
It is currently at ¥1,000 per person and levied on people leaving Japan as a “departure tax."
Thailand to introduce tourism tax during upcoming high season
Tourism and Sports Minister Sorawong Thienthong said foreign travellers arriving by air will be charged 300 baht/person/trip.
Beyond rate cuts: The Korea Herald
Bank of Korea cuts key rate, but more steps are needed to prop up slowing economy.
Key challenges to Johor-Singapore SEZ
Despite the positive momentum, questions remain about the blueprint or roadmap to ensure that this project does not become a white elephant.
Indonesia, Apple agree to lift iPhone 16 sales ban
Industry Minister Agus Gumiwang Kartasasmita has announced the signing of a memorandum of understanding (MoU) with the tech giant, paving the way for the local content…
India’s middle class hit hard by stock market decline: Samajwadi Party President
Samajwadi Party President Akhilesh Yadav said due to the continuous poor performance of Nifty over a few months, the news has proved that this year the Indian stock market has…