China: Automobile sales with double-digit growth
BEIJING – China’s automobile sales rose 47.9 percent year-on-year to nearly 2.44 million units in January, the China Association of …
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Indonesia Introduces New Income Tax Regulations
JAKARTA – Indonesia is undergoing a major tax reform that aims to harmonize various tax regulations, simplify tax administration, and …
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China: Local governments to halt infrastructure projects
BEIJING – China has instructed heavily indebted local governments to delay or halt some state-funded infrastructure projects, three people with …
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Volkswagen China plans to hire 3,000 engineers
WOLFSBURG/SHANGHAI – Volkswagen has announced that it plans to hire around 3,000 engineers in China by the end of 2024 …
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Lufthansa honored for environmental management
FRANKFURT – The Lufthansa Airlines hub in Frankfurt has been successfully validated for the first time in accordance with the …
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