Laos, Vietnam take steps to complete agreed upon construction projects
The two sides also agreed to further promote Lao-Vietnamese cooperation in education and human resource development, with more than 14,000 Lao nationals currently studying in…
Economic Affairs
US vows to support Indonesia’s human capacity drive
US Ambassador to Indonesia Kamala S. Lakhdhir said the two countries planned to continue collaborating in economic growth and capacity building, as they had in the past.
Trust in Japan’s financial industry at risk after spate of scandals rocks sector
Scandals reveal that organisational checking systems were poorly managed at the financial institutions, says Shinji Hatta, a professor emeritus at Aoyama Gakuin University who is…
Vietnam’s GDP growth poised for robust growth in 2024: officials
With 2024 nearing its end, Vietnam's GDP growth is set to surpass the 7 per cent target, driven by efforts from ministries and sectors, says Deputy Minister of Planning and…
Singaporean Ministers to send letters of demand to Bloomberg, other media outlets over ‘libellous’ statements
Law and Home Affairs Minister K. Shanmugam and Manpower Minister Tan See Leng are taking legal action against Bloomberg and other media outlets for publishing statements…
Experts warn that employees in Malaysia could be on the losing end with the looming rise in insurance premiums
Officials noted that any cost increase could significantly strain working capital, leading to tighter cash flows which might hinder investments in crucial areas such as…
How climate change has hit Nepali kitchens
Nepal's food security will depend on how the agriculture sector addresses climate-related challenges.
Indonesia proceeds with VAT hike but rolls out incentives to soften blow
The government is proceeding with its plan of hiking value-added tax to 12 percent at the turn of the year but has announced multiple incentives to soften the blow for consumers.
Allianz calls off deal with Singapore’s Income Insurance after public scrutiny
The German insurer on Dec. 16 said in a statement that it would withdraw its July 17 offer to acquire a 51 percent stake in Income, in a deal valued at $2.2 billion.
Japan’s Financial Services Agency begins considering tougher regulations on cryptocurrencies
If the revisions are realized, it is likely that the FSA will be able to oblige issuers of cryptocurrencies to disclose the details of their businesses and cryptocurrency brands.…