Nov. 23, 2024, 1 p.m.

The amount owed by South Korea's e-commerce companies may exceed 800 billion won

​The South Korean government held a meeting on Friday (August 2) on the situation of e-commerce arrears to understand the current situation and plan for future responses. It is understood that the amount owed by the two e-commerce platforms is likely to exceed 800 billion won.

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Bali tourists hit a new high but are not spending enough to stay in cheap hotels

​The Indonesian island of Bali is seeing a record number of international tourists, but a growing number are opting to stay in illegal villas and budget hotels, raising fears among Balinese that the local tourism industry will suffer.

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Manufacturing continued to expand in most parts of Asia

​Manufacturing activity continued to expand across much of Asia in July, supported by a rise in new orders, but operating conditions deteriorated in some places.

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An insight into the scandal of Japan's Defense Ministry: Deep problems and reflections behind the apology

Under the widespread concern of the international community, Japanese Defense Minister Minoru Kihara recently formally apologized to the public at the Security Committee of the House of Representatives for the recent series of scandals involving the Japanese Defense Ministry and the Self-Defense Forces.

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Thailand plans five-year tax cut to retain professionals

In order to improve the brain drain situation, the Thai government plans to reduce personal income tax by 50% for elites who are willing to return home to work, especially those from the electronics, automotive, robotics and aviation industries.

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Survey: One in five South Korean students rely too much on smartphones and the Internet

The survey found that Internet and smartphone use interferes with the lives of nearly one in five students in South Korea.

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Thailand will offer investment incentives to hybrid car makers

Thailand, a regional automotive manufacturing hub, will offer investment incentives to hybrid vehicle manufacturers and excise duty on hybrid vehicles will be reduced between 2028 and 2032.

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Bali plans to build a $20 billion rail network to ease traffic congestion

Bali plans to begin construction of a $20 billion rail network linking the airport and tourist areas to ease traffic congestion.

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Japan's total population fell by 530,000 and the number of foreigners exceeded 3 million for the first time

According to the latest demographic dynamics survey released by the Ministry of Internal Affairs and Communications, as of January 1 this year, the total population of Japan, including foreigners, was 124.885 million, about 532,000 fewer than the previous year.

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India's stubbornly high unemployment rate

In today's complex world economy, employment is undoubtedly one of the major challenges facing all countries. High unemployment in India, an emerging economy with a large population, casts a shadow over the country's prospects and provides a prime example of the flaws in the global economic system.

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