Singapore and Malaysia are partnering to create a special economic zone in Malaysia’s Johor state, adjacent to the Singaporean border.
Thailand is set to announce a minimum wage increase for 2024, expected to surpass the inflation rate. It is likely to fall short of the initially proposed 400 baht (US$11.12) per day to mitigate potential negative impacts on small and medium-sized enterprises.
The Indonesia Stock Exchange (IDX) has launched, following approval from the Financial Services Authority, and aligned with the country’s emissions reduction goals and enable transition to renewables.
Vietnam has clear guidelines for businesses to effectively calculate and report the carbon footprint of their products.
Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.
Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.
Service contracts in Vietnam are a flexible alternative for firms to find human resources support and staff time-bound or specialized projects.
By leveraging Asia’s network of free trade agreements, US businesses can benefit from better access to the large Asian markets.
Thailand has introduced a visa waiver program for Chinese tourists as the government looks to boost the economy through this vital sector.
The US and Singapore have committed to deepen their technology partnership by collaboration on key areas of critical and emerging technology.