regulations

Retail Asia06/12/2019

AirAsia has been asked to re-evaluate its safety briefing after an incident on a flight between Perth and Denpasar in October 2017. During the incident in which oxygen masks were deployed, not all masks did so and not all masks worked, causing a degree of confusion in the cabin and for passengers to ignore seatbelt […]

Retail Asia29/11/2019

The People’s Bank of China will introduce new standards in 17 areas, including blockchain, cloud services and artificial intelligence. China has plans to step up regulation in 17 areas of fintech to «guide the application of new technologies» applied across the financial industry, according to an article published by state news portal Xinhua. Speaking at the […]

Retail Asia22/03/2019

A Juniper Research study revealed that operator revenues from international mobile roaming are expected to recover slightly, following a decline in 2017 after the introduction of RLAH (Roam Like at Home) in Europe and other markets. But overall roaming revenues are expected to stay flat over the next 4 years, representing around 6% of total […]

Retail Asia21/01/2019

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Korea’s antitrust watchdog said Wednesday that it has fined Nissan Korea 900 million won ($802,100) for inflating gas mileage figures for its Infiniti Q50 2.2d sedans. The Japanese car’s fuel efficiency reaches 14.6 kilometers per liter (34.3 miles per gallon), but the local unit of the Japanese carmaker overstated the fuel efficiency as 15.1 kilometers […]

Retail Asia21/01/2019

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Korea’s antitrust watchdog said Tuesday that it has fined Toyota Motor Korea 817 million won ($729,000) for deceptive advertising of its RAV4 sport utility vehicle (SUV). Toyota Motor Korea advertised that its RAV4 obtained a top safety pick in five test categories, including the driver’s side small overlap front and roof strength, from the U.S. […]

Retail Asia10/01/2019

Vietnam says Facebook has violated its new cybersecurity law by allowing users to post anti-government comments on the platform. “Facebook had reportedly not responded to a request to remove fanpages provoking activities against the state,” the official said, citing the Ministry of Information and Communication. In a statement, a Facebook spokeswoman said: “We have a clear […]

Retail Asia02/01/2019

Large supermarkets are banned from giving or selling plastic shopping bags to customers. The Ministry of Environment announced Monday that it will completely prohibit grocery franchises and supermarkets over 165 square meters (1,776 square feet) from selling or giving away single-use plastic bags from New Year’s Day. While it discouraged stores from providing plastic bags before, the […]

Retail Asia02/01/2019

India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the e-commerce industry be put in place after consultations with the relevant stakeholders. The request came a day after the federal government announced changes in the foreign direct investment (FDI) policy for the sector. On Wednesday, New Delhi took a series of measures to […]

Retail Asia28/11/2018

The Chinese government last week announced that it will improve its e-commerce retail import policy to boost consumption. “We need to take a holistic approach, exercise prudent yet accommodating regulation to fully unleash the growth potential of cross-border e-commerce,” Li Keqiang, Premier of the State Council of the People’s Republic of China, said at a […]

Retail Asia02/08/2018

Indonesia President Joko “Jokowi” Widodo will decide on Tuesday (31/07) whether the government’s policy on coal for domestic use should be revised, considering both the need for price stability and for reducing the current external deficit. The government in March set a ceiling price for 25 percent of its coal production bound for state utility company Perusahaan Listrik Negara at […]

Retail Asia08/03/2018

Indonesia has revoked 186 regulations in the energy and mineral resources sectors that were considered troubling, as the country seeks to improve the investment climate, while improving the ease of doing business, a minister said. “This is important, as was instructed by the president; we have to be business- and investment-friendly to increase employment and boost economic […]

Retail Asia26/02/2017

Previously, casinos were only open to foreign passport holders and gambling was illegal in Vietnam. The prime minister recently signed Decree 6 that allows eligible firms to sell tickets and provide betting services on horse and dog racing and betting on foreign football matches. However, firms are not allowed to determine the time to start […]

Retail Asia07/01/2017

Indonesia’s financial services authority (OJK) has issued its first regulations relating to financial technology, or fintech, companies running peer to peer (P2P) lending services, Deal Street Asia has reported.06 Jan 2017 The regulation lays out minimum capital requirements, interest rate provision and education and consumer protection rules. Every fintech P2P lending firm must now register […]

Tag: regulations

Australian Authorities Ask AirAsia To Re-evaluate Safety Briefing

China to Step Up Fintech Regulation

Silent roamers in decline as “roam like at home” goes global

Nissan Korea fined 900 million won for inflating mileage figures

Toyota fined W817 million for false advertising

Vietnam says Facebook violated cybersecurity law

Korea to ban plastic bags in supermarkets

New E-Comm Rules: Flipkart India for broad market-driven framework

Chinese e-commerce policy to benefit foreign sellers

Indonesia Gov’t Undecided on New Coal Policy

Indonesian Energy Ministry Scraps Hundreds of Troubling Regulations to Boost Investment

New regulations legalise betting services

Indonesia introduces new regulations for fintech startups