South Korea has decided to invest $9.8 million in green and digital projects in developing nations through the World Bank’s Korea Green Growth Trust Fund, the Ministry of Economy and Finance said ... ( read original story ...)
South Korea to delay new tax regime on cryptocurrencies until 2022
The South Korean government has officially postponed a new tax regime on cryptocurrency gains until 2022. According to Yonhap on Dec. 1, the planning and finance committee of South Korea's national ... ( read original story ...)
GM’s Union in South Korea Votes Against Tentative Labour Deal: Official
The union representing workers for General Motors Co in South Korea have voted against a preliminary labour deal with the automaker, an union official told Reuters on Tuesday. The result came after ... ( read original story ...)
Infineon to set up global AI hub in Singapore
Part of the German chipmaker's digital transformation efforts, the facility will launch 25 artificial intelligence projects in Singapore where it also plans to partner local organisations to offer AI ... ( read original story ...)
Vietnam’s Agifish expects profit in 2021
Agifish, part of the Hung Vuong group of pangasius companies, has huge accumulated debt from years of losses, but new investor Thaco has sought to turn fortunes around ... ( read original story ...)
Viettel becomes the first 5G carrier in Vietnam
Customers have free unlimited 5G data in Hoan Kiem District, Ba Dinh District and Hai Ba Trung District Viettel is using both imported and ... ( read original story ...)
Vietnam’s ‘robust’ renewables expansion backed by rising investor interest
Vietnam is set to expand its solar and wind capacity as a supportive regulatory environment and growing investor confidence spur on new project development, according to consultancy Fitch Solutions. ( read original story ...)
Philippines: Bangsamoro sets talks for next budget
The autonomous Bangsamoro government in the southern Philippines on Tuesday began discussions to draft a budget for the next financial year. In a statement, the Bangsamoro Transition Authority’s (BTA) ... ( read original story ...)
Indonesia considers digital tax even without world consensus
Indonesia may still pursue a plan to tax technology companies on the income they generate from the country even if G20 nations and the OECD cannot reach a deal on digital taxes, its finance minister ... ( read original story ...)
Indonesia to spend less than expected of COVID-19 budget by year-end
The government is planning to spend only Rp 664 trillion (US$47 billion), 95.5 percent of the COVID-19 stimulus budget totaling Rp 695.2 trillion, by the end of 2020, according to Finance Minister Sri ... ( read original story ...)