Taiwan defends Foxconn over China tax probe

TAIPEI: On Monday, October 23, Taiwan defended software behemoth Foxconn in response to a Chinese research into several of the company’s websites, arguing that Chinese companies shouldn’t be” politically interfered with.” Chinese officials are conducting on-site investigations into Foxconn’s land use in northern Hunan and Hubei regions as well asContinue Reading

Australian PM says deal reached with China over wine tariffs, will meet Xi in November

DISPUTE TARIFF At the top of a contentious conflict with Australia’s former conservative authorities, China imposed tariffs on important American exports like wheat, beef, and wine in 2020, flexing its financial muscle. Additionally, it stopped the importation of some of Australia’s most important goods, such as fuel, which reduced tradeContinue Reading

Former Bank of China chairman arrested for corruption

BEIJING: According to state media reports released on Monday, October 16, citing the nation’s leading counsel, the former president of the Bank of China has been fully detained on suspicion of corruption. The state-owned banks announced in February that Liu Lian’ge, 62, had resigned as president and was no longerContinue Reading

Employers increase focus on wellbeing in workplaces, amid rising mental health challenges: Experts

We continue to see some significant challenges in our place, he said, according to the studies we conducted this year and in 2023 across 32 states.

He claimed that, for example, 29 % of Singaporean people report signs and symptoms of stress, a number that is higher than the global normal. Although the percentage is lower in Indonesia, at 19 %,” it’s still one in five people ,” said Mr. Carmichael.

” What it tells us is that there is a problem that we still need to overcome for every workplace, for each and every one of our leadership ,” he said.

Mr. Carmichael continued by saying that a nation’s traditions, history, objectives, and attitudes toward mental health can all have an effect and that no nation is immune to these difficulties.

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COVID accelerated that. The dialogue is different now than it was five years ago. It made a lot of the discussion more normal, according to Mr. Carmichael, who has worked in the industry for around nine times.

According to Dr. Low Kiang Wei, clinical director of consulting and health providers at International SOS, more businesses, particularly the bigger ones, are giving employees’ cognitive health top priority.

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Indonesia’s China-backed high-speed railway unlikely to be profitable, say observers

“While initially a lot of people are sceptical that this project will be completed, eventually even with some delays, it has been completed. So I think this is a good sign for both countries to further their bilateral cooperation,” said Dr Negara. 

“But I think Indonesia also needs to diversify its infrastructure investment source, not just rely on China, and also look at other alternatives, given that there are so many big projects.”

The rail deal was signed in October 2015 after Indonesia selected China over Japan in a fierce bidding.

“China did not require a state guarantee, Japan did. So China gave a more attractive option,” said Mr Achmad, adding that while Indonesia is sliding towards Chinese investment, it is not entirely dependent on China. 

“Why is Indonesia welcoming Chinese investment? Because China delivers, when others do not. But at the same time, there are healthy checks within Indonesia to avoid falling into overdependence or having the economy being dominated by a country.”

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