Singapore will begin Phase 3 of reopening its economy starting December 28, enabling businesses to accommodate more customers.
In a world’s first, the Singapore Food Agency (SFA) has approved the sale of lab-grown meat in the country.
In 2019, Asia accounted for 20 percent of both the UK’s exports and imports. These levels were on par with the Americas, albeit growing much quicker.
The Monetary Authority of Singapore (MAS) and the Institute of Banking Finance (IBF) have issued measures to enhance job retention in the country’s financial sector.
The Monetary Authority of Singapore recently launched the world’s first grant scheme to support green and sustainability-linked loans (GSLS).
The Japan International Cooperation Agency signed a loan agreement with the government of Myanmar to provide 42.7 billion yen to support SMEs and infrastructure.
The US extended Indonesia’s Generalized System of Preference (GSP) status in early November 2020, meaning thousands of Indonesian exports to the US are duty free.
The Securities and Exchange Commission of Myanmar (SECM) has allowed resident and non-resident foreigners to participate in securities trading on the Yangon Stock Exchange (YSX).
In early November, South Africa, Thailand, and Cuba became signatories to ASEAN’s Treaty of Amity and Cooperation (TAC).
The Asia Briefing Weekly Round Up, designed to help our ASEAN readers stay up to date with developments elsewhere in Asia.