HANOI — Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index. South Korea continues to stand in first place, followed by Germany. A number of other emerging economies appeared in Bloomberg’s rankings for the first time, including the United Arab Emirates, India, Mexico and Saudi Arabia. Vietnam’s total score was 45.92 points, […]
Read MoreThe value-added tax (VAT) refund for Chinese New Year shopping has received a lukewarm response, with a mere 7,000 people registering for the perk. Since registration opened on Jan 7, only 7,000 of 20 million debit card holders have signed up to get VAT back from spending at participating shops during Feb 1-15, said Lavaron Sangsnit, director-general […]
Read MoreIndonesia has set 13 agendas to promote investment during the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, from Jan 22 to 25, including investment in the digital economy. “We will convey the change in Indonesia, as currently the government uses regulations that no longer focus on its role as a regulator, but it […]
Read MoreA LONG-AWAITED move by Singapore’s transport regulator to impose tighter rules on private-hire operators is finally on the way. The Land Transport Authority said on Thursday it is proposing to license all street-hail and ride-hail operators “as they provide the same fundamental service of transporting commuters from point to point”. This is a stark change […]
Read MoreKUALA LUMPUR: Malaysia’s inflation rate in December rose at a slower pace of 0.2% from a year ago, which was below a Bloomberg survey of a 0.3% increase, acording to the Statistics Department. However, Kuala Lumpur had the highest inflation of a 1% increase from a year ago, Penang state 0.6% and Negeri Sembilan 0.4%. […]
Read MoreIndonesia’s Go-Jek is in talks with Philippine authorities to get its ride-hailing service application reconsidered, after it was rejected this month by regulators, and hopes to be in the market soon, co-founder Kevin Aluwi said on Thursday. The startup, whose backers include Alphabet Inc’s Google, suffered a setback to its regional expansion plans when its application to […]
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Thailand
