Cybersecurity law violators to face heavier penalties
China's Cybersecurity Law, the first major set of rules of Chinese origin governing the storage and transfer of data, took effect in June 2017.
Policy Matters
Japan PM Kishida eyes revising system to attract high-skilled foreign workers
The government has been focusing on attracting human resources by giving preferential treatment to high-skilled personnel, rating their expertise and technical skills, among…
Google faces Indonesian antitrust probe, at risk of $1.67 million fine
Global antitrust cases against Google have plagued the company in the past few years, with the most recent happening in the European Union.
G-20 to push for inclusive labour market
Indonesia Manpower Minister Ida Fauziyah, who chaired the meeting, highlighted the need for a commitment to supervise the implementation of the principles.
Singapore, India sign agreement for fintech firms to market-test products
Both countries will cooperate to operate a joint regulatory sandbox, allowing fintech firms to market-test innovative products in both markets.
‘Rigid policies not letting us soar’: Bangladesh aviation industry insiders
Pointing to the high rates of surcharge and import duty on spare parts, Managing Director of Novoair mentioned at least three private airlines that had to ground their fleet.
Bangladeshi banks can now maintain accounts in Chinese Yuan
An official said the government had declared the CNY as convertible currency in March 2014, but many banks are still not using the currency for foreign trades.
Japan set to resume visa-free tourist travel in October
With the yen languishing near a 24-year low against the dollar, the Japanese government could benefit from this plan.
Delhi power consumers to get subsidy on bills on opt-in basis from Oct 1
Delhi Chief Minister Arvind Kejriwal said 470 thousand consumers will get subsidies from the program, of which 300 thousand consumers will not need to pay their bills.
Time to switch rides as fuel gets pricey, EV carmakers say
Electric vehicle owners, in contrast to traditional automobiles, can charge their vehicles at affordable electricity prices, whether at home or at public charging stations.