HO CHI MINH CITY — Internet crackdowns from Vietnam to Bangladesh cause self-inflicted economic harm by raising the cost of doing business and risk cutting trade by up to 9% in some of Asia’s investment destinations, a think tank says.
Countries that force companies to store data on local servers — an increasingly common policy among Asian governments — are chasing a “false allure of data nationalism” that only increases import and other business expenses, says a report by the Information Technology and Innovation Foundation released on Monday.
