Indonesian President Joko Widodo on Thursday ordered government agencies to remove two ranks of public servants in 2020 and replace their roles with artificial intelligence, in a bid to cut red tape hampering investment. Widodo made the remarks in a room full of leaders of big companies as he laid...
TOKYO Japan's lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including U.S. farm goods and Japanese machine tools. But there is uncertainty over how much progress Japan can make...
Hiroko Tabuchi (The New York Times) Just beyond the windows of Satsuki Kanno’s apartment overlooking Tokyo Bay, a behemoth from a bygone era will soon rise: A coal-burning power plant, part of a buildup of coal power that is unheard-of for an advanced economy. It is one unintended consequence of the...
Joyce Lee and Hyunjoo Jin(Reuters) NEW DELHI South Korea’s Kia Motors is discussing with the Indian state of Tamil Nadu the possibility of moving a $1.1 billion plant out of neighboring Andhra Pradesh only months after it fully opened due to policy changes last year, sources close to the talks told...
The military junta amended the 2020 Union Tax Law cutting the percentage of taxation on unassessed income or undisclosed sources of income with the aim, it said, to increase businesses which severely hit by the impact of the COVID-19 pandemic. The NLD administration introduced taxation on unassessed income in a...
By Josh Smith and Sangmi Cha SEOUL, April 10 (Reuters) - South Korean officials on Friday reported 91 patients thought cleared of the new coronavirus had tested positive again. Jeong Eun-kyeong, director of the Korea Centers for Disease Control and Prevention (KCDC), told a briefing that the virus may have been...
By Kirsty Needham and Colin Packham SYDNEY, May 8 (Reuters) - Australian officials are frustrated that their push for an inquiry into the origins of the coronavirus is being undermined by the White House, which has sought to link the outbreak to a Chinese lab, government, diplomatic and intelligence sources...
Swati Bhat (Reuters) MUMBAI, NEW DELHI India’s current fragile economic conditions call for government action to boost spending in the coming financial year, allowing for a widening in the fiscal deficit to bolster growth, a senior official familiar with government policymaking said. The government should invoke the escape clause under the Fiscal...
Tabita Diela and Nilufar Rizki (REUTERS) JAKARTA Indonesia swung to a trade surplus in October due to a slower-than-expected drop in exports, despite weak global trade amid the U.S.-China trade war, data from the statistics bureau showed on Friday. Southeast Asia's largest economy recorded a trade surplus of $161.3 million in October,...
Japanese drinks giants Kirin Holdings booked an impairment loss of over 21.4 billion yen ($193 million) in the six months through June on account of its beer production businesses in Myanmar. But it is not planning to exist in Myanmar, Reuters reported quoting senior executive officer Toru Yoshimura from Kirin,...