Author: viking

Indonesian exports are gaining market share in the United States in some sectors as supply chains shift away from China’s manufacturing base to the Southeast Asian nation, even though the trade war has hurt more than benefited emerging economies, said Bank Indonesia deputy governor Dody Budi Waluyo.In particular, Indonesian footwear exports to the US are seeing “some progressive performance”, Waluyo said.In the first four months of 2019, Indonesia exported footwear worth US$559.91 million to…

The Philippines on Wednesday condemned the actions of a suspected Chinese fishing vessel accused of abandoning a Filipino fishing crew after a collision in the disputed South China Sea. The boat hit an anchored Filipino craft, the F/B GIMVER 1, on Sunday near Recto Bank – claimed by both Manila and Beijing – causing it to sink and leaving 22 crewmen “to the mercy of the elements”, said Defence Secretary Delfin Lorenzana. Although Philippine President Rodrigo Duterte has largely set aside…

Malaysia’s Economic Affairs Minister Azmin Ali rejected claims he was in a gay sex video that went viral earlier this week, and vowed to expose those behind the “abominable” allegations.“I categorically deny this vicious libel upon me,” he said in a statement on Wednesday evening.“This is nothing but a nefarious plot to assassinate my reputation and character in an attempt to destroy my political career.”Azmin claimed the video and accompanying accusations of corruption were the latest in a…

The UK’s HM Revenue & Customs (HMRC) is increasingly targeting the most senior executives as part of its efforts to hold individuals at large businesses to account, with 152 chief financial officers (CFOs) and senior finance executives personally fined for tax accounting failures in the year-end 31 March 2018, says Pinsent Masons, the law firm behind Out-law.com.

A scheme for the naming of employers found to be in breach of the UK’s national minimum wage (NMW) has been suspended while the government reviews the scheme.

Philippine authorities have arrested six suspected militants from the Islamic State-linked Abu Sayyaf group, in a sign of how the terrorist network continues to trouble Southeast Asia even as its influence wanes in the Middle East.Police on Tuesday said they had raided Islamist hideouts days after the killing of Dutch wildlife photographer Ewold Horn on May 31, when insurgents holding the 59-year-old hostage clashed with government security forces in the restive southern Philippines.Horn was…

Staged photographs showing vendors selling Chinese flags in a Philippine park ahead of the country’s Independence Day should be condemned if they were an attempt to undermine bilateral relations, the Chinese embassy has said.The embassy’s intervention comes after the photos, which purportedly show four people selling the flags at Luneta Park in Manila, sparked fury online at the weekend and reignited a debate about Chinese influence in the country.Under Philippine law, it is illegal for foreign…

ANALYSIS: Proposed changes to the rules for granting occasional licences in Scotland should be viewed in the context of the alcohol licensing regime as a whole.

ANALYSIS: An unfair dismissal case has highlighted the need for companies to update policies and procedures and to obtain full consent before using biometric data in the workplace.

Three special purpose vehicles (SPVs) incorporated in Jersey as part of a tax planning arrangement were not tax resident in the UK for tax purposes, the UK’s Upper Tribunal (UT) has decided, overturning a previous First-tier Tribunal (FTT) decision.