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Asian currencies winning over fund managers

MUMBAI: Global investors are already warming to emerging-market Asian currencies – all they want now is a positive sign on trade from Presidents Xi Jinping and Donald Trump. Slumping oil prices, pro-active central banks and lowered expectations for Federal Reserve rate hikes have renewed the appeal of one of the year’s most beaten down asset […]

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Thailand first in Asia to ratify fishing pact

Thailand will become the first country in Asia to ratify the Work in Fishing Convention, also known as C188, to ensure better working conditions for fishermen.  The ratification was confirmed on Thursday by Labour Minister Adul Sangsingkeo, although the news was met with opposition from fisheries groups across the country, who fear the agreement will increase their […]

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Indonesia issues new tax holiday scheme

The government has issued a regulation on the expansion of the businesssectors that are eligible to apply for the tax holiday scheme, which is one of the three policies outlined in its latest economic policy package. The digital economy industry as well as manufacturing industry in agriculture, forestry or plantations are the two sectors eligible to […]

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