Philippine allows call centres to fully implement remote working while keeping tax perks

MANILA – The Philippines has allowed outsourcing companies to fully implement remote work while keeping their tax perks, resolving a months-long issue in favour of the economically important industry. Information technology and business process outsourcing firms, which include call centres, may enjoy incentives under a work-from-home (WFH) setup by shifting their registration from the Philippine […]

Last handful of fish: Economic crisis pushes more Sri Lankans into poverty

COLOMBO (REUTERS) – In her outstretched palms, 49-year-old Nilanthi Gunasekera holds her family’s last remaining handful of dried fish – a reminder of Sri Lanka’s worst economic crisis in decades. She is just one of the millions of Sri Lankans battling a calamitous decline in living standards, as they find themselves forced to skip meals, […]

A future-proof and forward-looking Asean economic community: Jakarta Post contributor

JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) – As we celebrate the anniversary of the founding of Asean today, it is worth reflecting on the extraordinary journey the association has embarked on over the past 55 years. The transformation of South-east Asia has been nothing short of remarkable. The founding of Asean in 1967 ushered in […]

US and Japan pursue commercial diplomacy to counter China, envoy to Tokyo says

TOKYO (REUTERS) – Chips, batteries and energy are key collaboration areas between the United States and Japan as the allies seek to secure supply chains and counter China, Washington’s envoy to Tokyo said. Former Chicago mayor Rahm Emanuel has focused on “commercial diplomacy” since arriving as US ambassador this year, pushing for business tie-ups in […]

RI strives to bridge differences in G20 to overcome economic challenges

JAKARTA, Jul 18, 2022 – (ACN Newswire via SEAPRWire.com) – The third Finance Ministers and Central Bank Governors (FMCBG) meeting within the framework of Indonesia’s G20 Presidency kicked off in Nusa Dua, Badung, Bali, on Friday (July 15). The 3rd Finance Ministers and Central Bank Governors (FMCBG) Meeting of G20 in Nusa Dua, Badung, Bali, […]

Sri Lanka acting president Wickremesinghe declares state of emergency

COLOMBO (REUTERS, AFP) – Sri Lanka’s acting President Ranil Wickremesinghe has declared a state of emergency, according to a government notice released late on Sunday (July 17), as his administration seeks to quell social unrest and tackle an economic crisis gripping the island nation. “It is expedient, so to do, in the interests of public […]

2022 Travel Itinerary Competition: Official Call for Design Submissions to Discover Charm of Sanya Economic Circle

China, Sanya , June 28, 2022 – (SEAPRWire) – Channels for submitting designs for the “2022 Travel Itinerary Competition” were officially opened on June 21, 2022. The event, which was first released online on May 30, 2022, as a prelude to the official launch, was organized by the Sanya Tourism Promotion Board together with tourism bureaus from other cities […]