ASEAN Economic Community Strategy Center

Malaysia: Govt urged to relax rules on foreign workers

KUALA LUMPUR: The government has been urged to relax rules related to foreign workers recruitment, in order to stop more small and medium enterprises (SMEs) from winding up. According to Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry (KLSICCI) president Datuk R. Ramanathan, regulations on foreign workers recruitment have tightened since the change […]

Indonesia: Government projects 5.3 to 5.6 percent GDP growth in 2020

The government on Monday submitted the macroeconomic assumption and basic fiscal policy for the 2020 state budget, which among other things proposed a gross domestic product (GDP) growth projection of 5.3 to 5.6 percent. The projection is lower than the figure in the 2019 state budget, which is 5.4 to 5.8 percent. Finance Minister Sri […]

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Malaysia: Govt urged to relax rules on foreign workers

Indonesia: Government projects 5.3 to 5.6 percent GDP growth in 2020