HSBC Global Asset Management on Thursday said it has launched its first dedicated Singapore-dollar (SGD) income bond fund for retail investors in the Republic. The minimum investment sum stands at S$1,000, and investors may buy into the fund at any HSBC retail banking branch, a company spokesman told The Business Times. The HSBC Global Investment […]
Read MoreThe government claims it will have the best online single submission (OSS) system in the world to help the ease the process of obtaining business licenses. The OSS Indonesia system, which is expected to launch in April, will be equipped with comprehensive information on investments, according to Edi Putra, head of a special task force […]
Read MoreTHE Maritime and Port Authority of Singapore (MPA) will pump another S$100 million into the Maritime Cluster Fund (MCF) to help the industry test and embrace new technologies, and groom talent for a digital, automated maritime future. Senior Minister of State for Transport Lam Pin Min said at the Committee of Supply debate for his […]
Read MoreEleven nations signed a slimmed-down version of the Trans-Pacific Partnership (TPP) trade agreement Thursday, moving to lower tariffs just as US President Donald Trump raised them after withdrawing from the deal. The TPP, which would have represented 40 percent of the global economy and nearly one-quarter of its trade, was left for dead after Trump […]
Read MoreThe Myanmar daily minimum wage has been set at K4,800, which is a rise of 33 percent from the K3,600 workers were drawing previously. The change was announced by the National Committee for the Minimum Wage on Monday. The change comes after months of negotiations between business owners and workers unions. Before the current wage […]
Read MoreThe government is making a stringent effort to simplify the process for investors to obtain tax allowances and tax holidays, assuring that an upcoming regulation would be simpler and offer more certainty. “We are preparing a new regulation that will be simpler, no lengthy red tape anymore,” Coordinating Economic Minister Darmin Nasution said on Thursday […]
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Thailand
