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‘Asia’s monster trade pact possible this year’

Bloomberg As a monster Asian trade pact enters its next round of deliberations this weekend, Deborah Elms is upbeat about its prospects for completion this year — though perhaps without all 16 members. The Regional Comprehensive Economic Partnership — which includes all 10 Southeast Asian economies plus China, Japan, South Korea, India, Australia, and New Zealand — could be finalised ...

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Indonesia eyes remote islands to relocate prisons

Bloomberg Indonesian prisons are overflowing with convicts and authorities worried about their negative influence on city dwellers are exploring shifting them to some of the uninhabited islands in the archipelago. Overcrowded jails mean petty criminals like chicken thieves are lodged together with drug traffickers and terrorists, according to Indonesia’s Coordinating Minister for Politics, Legal, and Security Affairs Wiranto. The inability ...

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India considers tougher rules for audit firms

Bloomberg India is considering tougher rules for audit firms, including a cap on the number of listed companies they can examine, according to a person with knowledge of the matter, as the government seeks to tighten oversight after a recent spate of governance lapses. To stamp out conflicts of interest, the corporate affairs ministry is also weighing either a complete ...

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