Bloomberg Indonesia and Australia signed a free-trade agreement, overcoming more than eight years of negotiations and 11th-hour delays in a move designed to bolster their under-developed economic relationship. Indonesia’s Trade Minister Enggartiasto Lukita and Australia’s Trade Minister Simon Birmingham inked the deal in Jakarta on Monday. It will need to be ratified by parliaments in both nations before it comes ...

Bloomberg China is planning to cut the value-added tax rate that covers the manufacturing sector by 3 percentage points as part of measures to support the slowing economy, a person familiar with the matter said. The reduction in the highest of the nation’s three VAT brackets could be announced as soon as this week, when political leaders are gathering in ...

Bloomberg Singapore will allocate a further S$300 million ($222 million) to spur research in digital innovation as the government transforms the economy through technology. The amount, almost double the current budget, is part of the next phase of the National Research Foundation’s five-year plan ending 2020, Minister for Communications and Information S. Iswaran said during a parliamentary session on Monday. ...