Economics
Indonesia is the world’s largest producer of tuna, accounting for roughly 16 per cent of global production last year. Tuna exports to the US, its largest market, have soared 130 per cent since 2014.
In April, Indonesia is set to tax businesses in its digital sector, which is predicted to be worth US$46 billion in 2025. But there has been fierce opposition from these firms, and presidential challenger Prabowo Subianto is on their side.
The national carrier has had a turbulent recent history, including a legacy of mismanagement and billions in losses. Experts say one way to save the ailing company could be to bring in experts from long-standing competitor AirAsia.
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Outlook bleak for regional exporting powerhouses with US-China trade war pessimism adding to the fears over a worldwide slowdown in demand.
The city’s de facto central bank spent HK$3.925 billion (US$500 million) in its latest outing to buy the local currency and keep it within the limits of a trading band.
this week in asia
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As TikTok and other Chinese social media apps take India by storm, they stand accused of everything from spying and spreading sexually explicit material to crowding out local competition.
Are the grisly figures from China’s stock markets the start of a long overdue correction – or a blip in a bull market that is set to run and run? Here’s what the smart money says
Neither needs the money; both need to address rising inequality
Hong Kong’s economy grew 3 per cent last year compared with Shenzhen’s 7.6 per cent growth, but for the likes of per capita income and social, cultural and educational development the former British colony is still on top.
Malaysia will ‘find some way to deal with China’ and not take cues from Western scaremongering over Huawei and the ‘Belt and Road Initiative’, the prime minister tells the Post.