Singapore began Phase 2 of reopening its economy from June 19, allowing more businesses to resume activities.
The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.
Malaysia issued its latest stimulus package on June 9, 2020, valued at 35 billion ringgit (US$8.1 billion).
Singapore introduced its first ever Guidelines for E-commerce Transactions (TR 76) to help businesses develop customer-centric e-commerce policies.
Cambodia has lifted its entry bans on six countries from May 20, 2020, although strict entry requirements will still apply.
In May 2020, Indonesia issued Regulation 50 of 2020, which is an implementing regulation for the country’s Law on E-commerce.
Singapore began to ease more of its lockdown measures on June 2, 2020, through the first of three phases of opening up the country.
The Singapore-China fast lane came allows for essential business and official travel between Singapore and six provinces in China.
The ASEAN region presents new opportunities for US investors, in particular those who are looking to diversify their supply chains.
The Philippines is preparing to issue the CREATE Act to accelerate reforms of the country’s corporate tax system.