World
ASEAN News: Indonesian President to Relax Restrictions on Foreign Investments
In an interview before he visited the US, Indonesian President Joko Widodo said he would assess the limits on foreign investments in Indonesia's strict regulations. He says these relevant laws are why Widodo hasn’t been able to fulfill his promise of a couple billion US dollars of foreign investment.
Apple to Build Research Center in Indonesia and Google to Help Develop Internet in Remote Areas
During Indonesian President Joko Widodo’s visit to the US on October 25, he will drop by the Apple Inc. headquarters to meet with its CEO, Tim Cook and discuss their investment plan in Indonesia. Joko Widodo will also meet with representatives from Google Inc, Microsoft Corp and Facebook to discuss investing in the country, such as discussing with Google about developing Internet in remote areas in Indonesia.
HSBC Survey Ranks Taiwan as 8th Best Country for Expats
HSBC Bank’s 2015 Expat Explorer Survey shows that Singapore ranks first as the world's best destination for expats while Taiwan ranks eighth. One of the reasons Singapore ranked first in the survey is that they have lower tax rates compared to the US. For Chinese communities, Singapore also offers the potential advantages of having a similar culture.
China's Investment in British Nuclear Power Plant Worries British Military
A British national defense official says the military is "very worried" about China's participation in the construction of nuclear power plants, and that the Chinese might take the chance to hack the computer system and add traps or loopholes to take control over the nuclear power plants.
Japan Displeased with Inclusion of the Nanjing Massacre in the Memory of the World by UNESCO
During Chinese State Councilor Yang Jie-chi’s visit to Japan, UNESCO decided to include the 1937 Nanjing Massacre documents in the Memory of the World. Tokyo remains suspicious about the credibility of these documents and protests against the decision. Japan is also considering suspending its funding for UNESCO.