Asia News Network

Regulatory risks key barrier to investment in submarine cables

While interest is growing among private investors to build cables, financial and regulatory risks remain key barriers to potential investment.

The Malaysian PM also said insufficient EPF savings require attention as the country moves towards an ageing nation status.

Investment at a certain amount in the local asset market, excluding in property, is required for the applicant to qualify.

He insisted on expeditious resolution of land acquisition, utility shifting and other issues for the timely completion of projects.

It suggests they are scrutinising measures to ensure safety and dispel public anxiety amid a push to pass the bill.

The health ministry would allow these groups to be to be vaccinated around December or January incase an outbreak occurs in summer.

Jokowi also said that it would take between 15 and 20 years for the complete relocation of the capital city to Nusantara.

He made the statement in a Facebook post, a day after the Cabinet agreed to ban the import of plastic waste from 2025.

The IPO process will be simplified under the new system, with approval given by the Shanghai and Shenzhen bourses, so more IPOs are anticipated.

A host of other supporting policies are still needed, including housing subsidies and paid paternity leave for men.