
Indonesia Passes Labor Law as Unions Hail Victory
Investors and business groups warn the legislation approved on Oct. 6 will increase hiring costs and cloud the outlook for Southeast Asia’s largest economy.
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21 stories in this topic

Investors and business groups warn the legislation approved on Oct. 6 will increase hiring costs and cloud the outlook for Southeast Asia’s largest economy.

The Shenzhen-listed lender became the first listed Chinese bank to formally adopt internal governance measures under regulatory guidelines issued in June.

The draft framework targets non-biodegradable materials used by domestic manufacturers, importers, and retailers across supply chains.

Retail crime across New South Wales liquor outlets has climbed 67 per cent over five years, prompting industry calls for bipartisan legal protections.

Regulators will force online marketplaces to guarantee SIRIM electrical safety standards and verify halal claims following a surge in consumer disputes.

Overseas manufacturing and processing plants supplying the South Korean market face stricter compliance standards and documentation rules.

South Korea has the potential to draw an extra ₩2.4 trillion in yearly venture capital investment and launch numerous additional startups if it were to adopt more favorable digital regulations, a recent study conducted by Oxford Economics for Digital…

In response to heightened scrutiny by the European Union (EU), Chinese e-commerce platform AliExpress has announced enhanced measures to ensure compliance with the bloc’s regulations. This move comes as the EU intensifies its focus on rapidly expanding online…

AirAsia has been asked to re-evaluate its safety briefing after an incident on a flight between Perth and Denpasar in October 2017. During the incident in which oxygen masks were deployed, not all masks did so and not all masks worked, causing a degree of…

The People’s Bank of China will introduce new standards in 17 areas, including blockchain, cloud services and artificial intelligence. China has plans to step up regulation in 17 areas of fintech to «guide the application of new technologies» applied across…

A Juniper Research study revealed that operator revenues from international mobile roaming are expected to recover slightly, following a decline in 2017 after the introduction of RLAH (Roam Like at Home) in Europe and other markets. But overall roaming…

Korea’s antitrust watchdog said Wednesday that it has fined Nissan Korea 900 million won ($802,100) for inflating gas mileage figures for its Infiniti Q50 2.2d sedans. The Japanese car’s fuel efficiency reaches 14.6 kilometers per liter (34.3 miles per…

Korea’s antitrust watchdog said Tuesday that it has fined Toyota Motor Korea 817 million won ($729,000) for deceptive advertising of its RAV4 sport utility vehicle (SUV). Toyota Motor Korea advertised that its RAV4 obtained a top safety pick in five test…

Vietnam says Facebook has violated its new cybersecurity law by allowing users to post anti-government comments on the platform. “Facebook had reportedly not responded to a request to remove fanpages provoking activities against the state,” the official said,…

Large supermarkets are banned from giving or selling plastic shopping bags to customers. The Ministry of Environment announced Monday that it will completely prohibit grocery franchises and supermarkets over 165 square meters (1,776 square feet) from selling…

India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the e-commerce industry be put in place after consultations with the relevant stakeholders. The request came a day after the federal government…
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