Indonesia marked 79 years of independence on Saturday with a ceremony in the unfinished future capital of Nusantara.
Indonesia’s half-built dream capital Nusantara stumbles towards a partial opening
The US$33 billion city is far from finished, with its future under a new president in doubt amid scaled back Independence Day celebrations.
Singapore jails businessman who tried to buy Newcastle United in 2020
Loh made headlines in 2020 for an attempt to buy Newcastle United but left Singapore weeks later amid allegations of accounting irregularities.
EU sanctions extended to non-targeted persons and aligned with US ‘ownership’ test
A recent EU sanctions update confirms that EU financial sanctions can extend to dealings with ‘non-targeted’ persons acting on behalf or at the direction of an EU designated person indicating a focus on such persons, an expert has said.
UK plastic packaging tax data shows environmental and economic impact
New data suggests the effect of the UK’s plastic packaging tax (PPT) is driving positive environmental action but also having negative economic impacts on aspects of industry, a tax expert has said.
‘Blueprint’ for trust in use of health data outlined
An independent adviser to the UK government has shared a blueprint organisations can follow to win people’s trust over the processing of their health data and begin to reverse the trend of growing ‘opt outs’ from beneficial medical research and other healthcare initiatives.
New Zealanders seek jobs overseas in record numbers as recession bites
If more New Zealanders were to stay overseas for a long time, it could lead to a demographic timebomb at home, economists warn.
Consumer duty presents opportunity for increased communications with customers
Financial firms regulated by the UK’s Financial Conduct Authority (FCA) must consider whether their communications with customers constitute direct marketing or regulatory communications to ensure they are complying with the correct set of rules.
‘Super Rich in Korea’ star David Yong granted US$759,000 bail in Singapore, faces fresh fraud charge
Bail conditions for Singaporean businessman include electronic tagging, curfew from 10pm to 6am, and weekly meetings with his investigation officer.
South Korea’s new offshore wind roadmap to enhance renewable energy efforts
South Korea’s wind bidding roadmap will help enhance the country’s efforts in expanding renewable energy distribution as well as strengthening its supply chain, according to experts in energy project investment. The Offshore Wind Power Competitive Bidding Roadmap was recently announced by South Korea’s Ministry of Trade, Industry, and Energy (MOTIE).
