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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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Indonesia expects to pass data protection bill in 2018

The government aims to deliberate and pass into law the personal data protection bill this year, although it is not listed in the 2018 National Legislation Program (Prolegnas). The Communications and Information Ministry sent a draft of the bill to the Law and Human Rights Ministry last year. Communications and Information Minister Rudiantara said on Friday […]

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Indonesia – Jokowi: Cash Labor-Intensive Program Increases Purchasing Power

TEMPO.CO, Jakarta – President Joko ‘Jokowi’ Widodo expected cash labor-intensive program implemented in numerous areas can increase the people’s purchasing power. “We hope with this labor-intensive program, the circulation of money in villages increases, consumption and purchasing power also go up. Throughout Lampung, the program is implemented in 151 areas,” President Jokowi said in SouthLampung Regency on Sunday (21/1). President Jokowi supervised the program after officiating Bakauheni-Terbanggi Besar toll road […]

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New trading regulations for foreign firms in Vietnam

The Hanoitimes – The Government has recently issued a decree detailing the Commercial Law and the Law on Foreign Trade Management, which monitors foreign trade in line with Vietnam’s laws and international conventions the country has joined. The Decree 09/2018/NĐ-CP, which has taken effect since January 15 this year, regulates the trading of goods and other […]

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