Economy & Trade

Prabowo Subianto Becomes Indonesian President

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On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.

Singapore Designates Lawrence Wong as Prime Minister, Effective May 15

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Singapore’s Deputy Prime Minister Lawrence Wong will take over as Prime Minister in May from Lee Hsien Loong, who will step down after 20 years in office.

Lawrence Wong’s Visit Boosts Singapore-Germany Relations

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Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong recently concluded a visit to Germany. The visit focused on enhancing bilateral cooperation and addressing global challenges.

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

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The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.

Philippines Signs Second Protocol of ASEAN-Australia-NZ FTA

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The Philippines ratified the Second Protocol of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

Singapore’s Ambitious AI Investment Plan

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Singapore aims to strengthen its position as a global business and innovation hub by investing more than S$1 billion into artificial intelligence over the next five years.

The ASEAN-Australia Special Summit 2024: An Overview

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Australia hosted ASEAN member states for the ASEAN-Australia Special Summit. It also marked 50 years of Australia’s dialogue partnership with ASEAN.

Unlocking ESG Reporting Requirements in Singapore – Latest Issue of ASEAN Briefing Magazine

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The latest ASEAN Briefing Magazine, titled “Unlocking ESG Reporting Requirements in Singapore”, is out now for free download.

Singapore Budget 2024: A Strategic Blueprint for Business Growth and Sustainability

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Singapore’s Budget 2024 strategically addresses the dual challenges of rising operational costs and the imperative for sustainable development.

Indonesia’s General Elections: What it Means for Investors

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Indonesia’s recent election and the presidency of Prabowo Subianto could mean a continuation of economic policies with a focus on growth, resource sector opportunities, and economic reforms.

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