ASEAN Briefing News

US Extends GSP Status for Indonesia

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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.

Myanmar Opens Stock Market to Foreign Investors

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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).

Cambodia Launches Digital Currency: Key Features

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The National Bank of Cambodia launched its first digital currency, named Bakong, which was co-developed by Japanese fintech firm SORAMITSU.

The Singapore-Hong Kong Travel Bubble: Salient Features

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From November 22, 2020, the Singapore-Hong Kong travel bubble will come into effect, allowing short-term visitors to travel between both countries.

More Countries Join ASEAN’s Treaty of Amity and Cooperation

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In early November, South Africa, Thailand, and Cuba became signatories to ASEAN’s Treaty of Amity and Cooperation (TAC).

Singapore to Issue Tech Pass Visa in 2021: Key Features

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Singapore will issue a new work permit in January 2021, named Tech.Pass, aimed at attracting technology entrepreneurs and experts.

The Asia Briefing Weekly Round Up

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The Asia Briefing Weekly Round Up, designed to help our ASEAN readers stay up to date with developments elsewhere in Asia.

New RCEP Free Trade Agreement Rules of Origin to Boost Finishing of Products Investment into Cambodia, Laos & Myanmar

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The RCEP will help boost foreign investment into ASEAN’s lower-wage countries.

Planning Your 2021 Investment Budgets: Opportunities in ASEAN

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Businesses planning their 2021 investment budgets should see ASEAN as having the best growth potential for the medium and long-term.

Singapore Allows Entry of Travelers from Mainland China

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Singapore began allowing short-term visitors from mainland China on November 6, 2020, through its Air Travel Pass (ATP) program.

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