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China Re-issues Mangosteen Export Permit for Indonesia

TEMPO.CO, Jakarta -The Chinese Government has allowed Indonesia to export mangosteen to China after the fruit commodity was banned for four years due to the lack of quality standards. “As of January, China issued a new regulation stating that we can export mangosteen again,” said Ad-Interim Indonesia chargé d’affaires for China Listyowati on Wednesday, January 10. She said that […]

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Bitcoin speculation allowed for Thais

Phillip Securities Thailand has allowed Thai investors to speculate on bitcoin via an international global derivatives trading service, while Thailand’s market regulators are in consensus that the move is legitimate. Such service offers bitcoin futures trading on the Chicago Board Options Exchange (CBOE) and the Chicago Mercantile Exchange (CME). Bitcoin futures kicked off in two […]

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Indonesia: Electric Cigarette Excise to be Published This Month

TEMPO.CO, Jakarta – Director General of Customs and Excise of the Ministry of Finance Heru Pambudi said that the technical regulations on electric cigarette excise tax will be issued immediately. The regulations will also include excise from other tobacco processing products, such as e-cigarette, liquid vape, and also chewing tobacco. “The regulation will come out this mid-month,” he said, […]

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Cambodia: Kingdom’s banks see rising foreign influx

Cambodia’s banking sector saw an almost 32 percent increase in foreign capital inflow in 2017, a result of new foreign banks and stricter capital requirements set by the National Bank of Cambodia, according to the central bank’s annual report. The nonbanking sector saw a more modest 0.8 percent increase in foreign capital inflow last year, […]

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