Stablecoin licensing regime new fintech milestone for Hong Kong
Notable downfalls in the global virtual-asset market in 2022 have put stablecoins under regulatory scrutiny by major jurisdictions.
Policy Matters
Ho Chi Minh City keeps close eye on Covid-19 amid surge in travel during Tet
The city had set up 45 vaccination sites during the Lunar New Year holidays and immunised around 300 people, according to its Department of Health.
India raises defence budget to $72.6 billion to modernise military
In the past few years, PM Narendra Modi has ramped up spending to modernize the military, which employs 1.38 million people. The total Indian defence budget is estimated at about…
Hunger, food security, and land use
Regional development policies based on an integrated planning approach should aim to curtail the negative consequences of urban agglomeration and uneven growth.
South Korea PM hints at earlier lifting of visa restrictions on China
He said that is was not yet the right moment to drop the restrictions, as there was still a need to minimise the number of entrants from China.
Proposed solution to issue of requisitioned workers may leave out Japanese firms
Seoul decided it would be difficult to have the Japanese companies directly involved, like providing financial support for former requisitioned workers.
Why China may resort to more policy U-turns
China is no stranger to sudden major policy reversals such as the one on Covid-19. Pragmatism and party legitimacy are key drivers for the sudden changes.
Hong Kong govt to build over 10,000 light public housing units in Kai Tak
The move is aimed to fill the short-term gap in public housing supply and improve the conditions of people living in inadequate housing.
China resumes visa issuance for Japanese
The Chinese Embassy announced that the government will immediately resume issuing visas which had been suspended since January 10.
HK set to scrap isolation for people with Covid, tally 3,283
The compulsory isolation arrangement for infected persons will be cancelled and the health officer will no longer issue isolation orders to infected persons.