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Philippines EU GSP+ status hangs in the balance

MANILA, Philippines — The status of the country’s Generalized Scheme of Preferences Plus (GSP+) with the European Union (EU) continues to hang in the balance as the trade bloc hit anew human rights conditions in the Philippines, but lauded the government’s fight against corruption and efforts in promoting labor rights. The second biennial GSP report […]

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Indonesia: BI investigates use of bitcoin in Bali

Bank Indonesia (BI) is investigating alleged bitcoin transactions made in Bali after it found indication of the activity on social media. BI Bali office head Causa Iman Karana said according to social media content, Bali was a haven for transactions using the cryptocurrency. According to results from the investigation, which kicked off late December after […]

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