Fresh policies aim to nurture China’s new growth engines
The move mirrors the directive to nurture technological innovation to boost the development of new quality productive forces and the establishment of a modern industrial system.
Policy Matters
Malaysia tightens noose on dirty money with tougher penalties, checks on excessive wealth
The changes include fines as high as US$1.1mil (RM5mil) for new offences.
Thailand launches new relief initiative to tackle household debts
The ‘You Fight, We Help’ project aims to help 1.9 million people deal with loans taken to buy a home, car or run a small business.
Singapore Airlines joins turbulence data-sharing platform 5 months after SQ321 flight left 1 dead, dozens hurt
So far in 2024, six airlines have joined Turbulence Aware. Hong Kong’s Cathay Pacific and Dubai-based Emirates signed up earlier in the year.
Crypto tax postponed again: Why Korea remains a rare case
The original plan proposed a 22 percent tax on annual crypto income exceeding 2.5 million won ($1,750) starting in January 2022 but has been delayed three times due to political…
More than one year later, stalled relocation blights project on Rempang Island in Indonesia
The first stage of the development was to relocate the residents, and the government had promised Xinyi that construction could commence by the end of September 2023. Protests…
Thailand’s ruling party offers to withdraw bill to reduce military’s power
Prayut Siripanich, a member of Parliament from the Pheu Thai Party, he plans to wait for public feedback after the consultation period ends on January 1, 2025, including concerns…
Philippine justice department urged to look into evidence proving human rights violations during drug war
A statement by the Makabayan coalition said in commemoration of the International Human Rights Day 2024, surviving families and groups submitted evidence of the alleged violations…
Prosecutors tighten grip on South Korea Defence Minister Kim
Kim, summoned by the special prosecution investigation team for questioning on insurrection, abuse of power and other charges, decided to forgo a court hearing on December 10. He…
Indonesia mulling social media ban for children
The Southeast Asian archipelago could become the next country to legislate a ban on social media use for minors, following rising concerns regarding the technology's impact on…