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Thailand’s budget faces further delay

Bloomberg Thailand’s annual budget faces a further delay after an irregularity emerged in the parliamentary vote that was supposed to approve it, signalling yet another obstacle for a struggling economy. The Constitutional Court will now assess whether the vote in the lower chamber was valid following a request for a ruling from 90 lawmakers, Government Chief Whip Wirat Rattanaset said ...

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Indonesia parliamentarians to prioritise jobs, tax, capital bills

Bloomberg Indonesian lawmakers agreed to prioritise bills related to jobs, taxation and the relocation of the capital, key to president Joko Widodo’s efforts to boost investment, accelerate growth in Southeast Asia’s largest economy. The three omnibus bills are among the 50 priority legislation for debate and approval this year, Deputy Speaker Muhaimin Iskandar told a plenary session of the parliament ...

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Ghosn predicted Nissan will go bankrupt by 2022: Lawyer

Bloomberg Nissan Motor Co will go bankrupt within two to three years, Carlos Ghosn told a defense attorney during more than 10 hours of interviews before the auto executive skipped bail and left Japan. The former chairman and chief executive officer of Nissan Motor Co and Renault SA made the prediction last year in a series of conversations about his ...

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