ASEAN Briefing News

Electric Vehicle Imports in the Philippines Benefit from Expanded Zero-Tariff Rates

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The Philippines has extended its zero-tariff rates on EV imports, aligning with its commitment to develop a domestic electric vehicle market.

Indonesia Strengthens Pharma Sector with Novo Nordisk Partnership

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Novo Nordisk’s partnership with Bio Farma underscores Indonesia’s expanding role in biopharmaceuticals and local insulin production.

Indonesia Explores Revisions to Enhance Micro Loan Subsidy Program

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Indonesia is considering revisions to its micro loan subsidy program while debating the reinstatement of a COVID-era loan restructuring policy.

Instant Mobile Transfers from Singapore to Four Countries: A Breakthrough in Cross-Border Payments

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A groundbreaking payment system is set to revolutionize how Singaporeans send money to four key Asian countries.

Singapore Could Grant Tax Rebates to Refineries for 2024-25

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Singapore’s refining hub faces new carbon taxes, but proposed rebates aim to sustain its competitive edge.

AWS’s US$9B Infusion Boosts Singapore’s Cloud Hub Status

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AWS’s US$9 billion investment in Singapore’s cloud infrastructure enhances the nation’s status as a leading global cloud hub and opens new opportunities for foreign investors.

An Introduction to Doing Business in Singapore 2024 – New Publication from Dezan Shira & Associates

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“An Introduction to Doing Business in Singapore 2024” covers market entry, tax, HR & payroll, and audit & compliance considerations.

Audit and Compliance in the Philippines: A Guide for Foreign Investors

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The Philippines is modernizing its tax administration by simplifying compliance and introducing a ‘file and pay anywhere’ system for enhanced taxpayer convenience.

A Guide to Taxation in the Philippines – Updates for 2024

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The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.

Singapore Boosts Quantum Computing Investment

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Singapore’s quantum computing investments aim to solidify its status as a premier hub for quantum technologies.

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