The increasing deployment of satellites and other payloads into orbit by ASEAN countries opens numerous avenues for foreign investment in this burgeoning sector.
Laos has introduced a new decree introducing strategic excise tax adjustments on various products.
Indonesia and Australia will collaborate in the EV industry through an MoU that focuses on battery manufacturing and minerals processing.
Malaysia’s government tabled its 2024 budget in mid-October in what was slated as the largest in the nation’s history.
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Sign Up NowMalaysia’s government tabled its 2024 budget in mid-October in what was slated as the largest in the nation’s history.
The December 7, 2023 Freedom Business Summit in the UAE will put the focus on increasing attention from global investors seeking offshore investment opportunities and second citizenship options in Indonesia.
Singapore's government unveiled its latest support package to provide more relief for households as well as businesses.
Singapore and Malaysia are partnering to create a special economic zone in Malaysia's Johor state, adjacent to the Singaporean border.
The Indonesia Stock Exchange (IDX) has launched, following approval from the Financial Services Authority, and aligned with the country's emissions reduction goals and enable transition to renewables.
Laos has introduced a new decree introducing strategic excise tax adjustments on various products.
Indonesia and Australia will collaborate in the EV industry through an MoU that focuses on battery manufacturing and minerals processing.
Malaysia has announced two new rules governing transfer pricing norms in the country. Multinational entities should take note.
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
Private and public companies in Brunei are obligated to audit their accounts as well as hold annual general meetings once a year.
Singapore's Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.
Singapore's proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.
Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.
Before establishing a family office, families must identify which corporate structure aligns most effectively with their business requirements.
The central bank of the Philippines is proposing the introduction of new incentives to encourage sustainable and green project financing in the country.
The increasing deployment of satellites and other payloads into orbit by ASEAN countries opens numerous avenues for foreign investment in this burgeoning sector.
Indonesia and Australia will collaborate in the EV industry through an MoU that focuses on battery manufacturing and minerals processing.
Indonesia and the U.S. are exploring a potential partnership for minerals and metals, particularly those used in the production of electric vehicle batteries, such as nickel.
Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.
Vietnam is investing heavily to renovate and build new airports as it seeks to compete to become a regional hub for international travelers with its neighbors in Southeast Asia.
Thailand is set to announce a minimum wage increase for 2024, expected to surpass the inflation rate. It is likely to fall short of the initially proposed 400 baht (US$11.12) per day to mitigate potential negative impacts on small and medium-sized enterprises.
Service contracts in Vietnam are a flexible alternative for firms to find human resources support and staff time-bound or specialized projects.
Cambodia's vital GFT industries, encompassing garments, footwear, and textiles, are set for a minimum wage increase in 2024. We've observed adjustments in minimum wages for various worker categories, including regular, probationary, and piece-rate employees.
Cambodia has opened the application window for businesses to apply for the foreign employee quota. Under the quota system, only 10 percent of a local company’s workforce can be a foreign employee.
Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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