Singapore partners with Japan, UK, Switzerland on digital asset initiative

Singapore partners with Japan, UK, Switzerland on digital asset initiative

Regulators in Singapore, Japan, the UK and Switzerland are planning asset tokenisation tests for fixed income, foreign exchange and asset management products, the Swiss Financial Market Supervisory Authority (FINMA) reported on October 30.
UK prepares to host global leaders' gathering on AI

UK prepares to host global leaders' gathering on AI

The UK government will welcome foreign political leaders, tech industry figures, academics and others this week for a two-day summit billed as the first of its kind on artificial intelligence (AI).
Laos considers raising value-added tax

Laos considers raising value-added tax

The Lao Ministry of Finance is considering raising the value-added tax (VAT) rate to 10 per cent from 7 per cent in an effort to boost government revenue and support the national economy, local media reported.
Indonesia flies first commerial flight using palm oil-blended jet fuel

Indonesia flies first commerial flight using palm oil-blended jet fuel

Indonesia on October 27 conducted its first commercial flight using palm oil-blended jet fuel, as the world's biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.
Indonesia confirms cancellation of bid to host 2034 World Cup

Indonesia confirms cancellation of bid to host 2034 World Cup

Chairman of the Indonesian Football Association (PSSI) Erick Thohir has confirmed that Indonesia will cancel its bid to host the 2034 World Cup due to the tight deadline.
Indonesia pledges continued tax incentives for foreign investors

Indonesia pledges continued tax incentives for foreign investors

Indonesian Investment Minister Bahlil Lahadalia confirmed that his government will keep granting tax holidays to attract foreign investors so long as the global minimum tax (GMT) policy is not yet rendered, local media has reported.
Singapore’s unemployment rate increases

Singapore’s unemployment rate increases

The number of retrenchments and unemployed residents in Singapore rose in the third quarter of 2023 as a weaker economic outlook dragged down sectors such as wholesale trade, according to the Ministry of Manpower (MOM)'s statistics.
Singapore-Vietnam Spotlight 2023: A focus on youth and entrepreneurship

Singapore-Vietnam Spotlight 2023: A focus on youth and entrepreneurship

The Spotlight Singapore in Vietnam event marked a half-century of diplomatic relations, emphasising the nurturing of young entrepreneurs.
Indonesia works to tackle risk of monkeypox outbreak

Indonesia works to tackle risk of monkeypox outbreak

The Indonesian Ministry of Health confirmed the presence of seven active cases of monkeypox (mpox) in the country, with all of them detected in Jakarta, as reported by the national news agency Antara.
Thailand plans to issue bonds overseas

Thailand plans to issue bonds overseas

Thailand plans to issue bonds overseas to create a benchmark for the private sector and to draw foreign investors' attention, Thai Deputy Minister of Finance Julapun Amornvivat said on October24.
Canada pilots streamlining issuance of work permits for Philippine citizens

Canada pilots streamlining issuance of work permits for Philippine citizens

Canada recently a pilot programme called “CAN Work Philippines” to issue work permits to people from the Philippines to work in the country.
Thailand pledges to take action to reduce air pollution

Thailand pledges to take action to reduce air pollution

Thai officials on October 20 pledged to take action to address a spike in air pollution that came before the normal peak of seasonal haze.
Coordinated attacks, bombings rock south Thailand

Coordinated attacks, bombings rock south Thailand

Suspected insurgents launched a series of coordinated attacks in Tak Bai district, the southern border province of Narathiwa, Thailand on October 21, the country’s police force said.
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