Recent Posts

Indonesia plans new investment tools for its ‘amnesty funds’

Bloomberg Indonesian authorities are working to develop new investment instruments with “good” returns in a bid to retain onshore more than $10 billion that was repatriated under a tax amnesty program three years ago, with officials acting before a lock-in period on the funds expires later this year. Bank Indonesia, the Ministry of Finance and the Financial Services Authority are ...

Read More »

Singapore kickstarts zero-waste plan

Bloomberg Singapore is making a clarion call to citizens and businesses to reduce domestic and industrial waste towards zero as the country’s recycling rate has stalled and its sole landfill may run out of space by 2035. The government will publish a master plan in the second half, with grants to support projects, Masagos Zulkifli, minister for environment and water ...

Read More »

Toyota’s new safety system keeps cars from crashing

Bloomberg Toyota Motor Corp — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing. The system, known as Guardian, will take control of a car and steer it around an impending crash or accelerate out of the path of an ...

Read More »
Send this to a friend