Indonesia’s Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.
The Philippines has issued the implementing rules for the Public Service Act which allows for 100 percent foreign ownership of public services.
In this article, we discuss the steps that would-be investors need to take to establish a company in Indonesia.
Corporate finance advisers in Singapore must implement new due diligence requirements by October 1, 2023.
Indonesia recently released new cybersecurity rules for the financial sector, including banks, insurance companies, and other financial services providers.
Indonesia has increased oversight in its peer-to-peer lending sector through OJK Regulation POJK10/2022. The regulation increases the minimum capital and equity requirements for P2P lenders and sets out a more efficient licensing procedure.
Singapore’s “alternative arrangements for meetings” that allow organizations to call, hold, or conduct meetings electronically will be removed as of July 1, 2023.
Singapore recently launched the environmental, social, and governance (ESG) Impact Hub to promote the country’s ESG ecosystem and set global standards for green and sustainable finance.
Foreign companies looking to obtain a Halal certification in Malaysia must apply to the Department of Islamic Development Malaysia (JAKIM). JAKIM will then conduct an on-site inspection of the applicant’s premises.
Singaporean and foreign companies are now obligated to maintain a non-public register of nominee shareholders and their nominators.