On July 20, the House of Representatives endorsed a new law making social responsibility compulsory for certain corporations operating in Indonesia, adding complexity to the corporate law regime.
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Economic Update | CSR Duty
22 Jul 2010
Economic Update | Revenue Gap
22 Jul 2010
The government's budget deficit stands at $893m in the first six months of 2007, exceeding the programmed ceiling by $211m. Global ratings agency Fitch projects that, excluding government assets...
Economic Update | Heart of Borneo
22 Jul 2010
Brunei has offered to host, manage and run the regional centre for the Heart of Borneo programme. In so doing, Brunei has shown a further commitment to the conservation agreement signed this past...
Economic Update | Experience Counts
22 Jul 2010
A recent study by global consulting firm Frost & Sullivan has ranked Malaysia as the world's fifth preferred shared service and outsourcing destination.
Economic Update | Bridging the Energy Gap
22 Jul 2010
Shortly after the legislature passed the new energy bill, Indonesia's president travelled to South Korea this week, overseeing the signing of several bilateral deals in the hydrocarbon sector.
Economic Update | Opening a Promising Future
22 Jul 2010
With air travel into and across Asia on the rise and an Open Sky Policy scheduled to come into effect in the region in 2009, Malaysian Airlines and Air Asia are looking forward to a period of growth...