ASEAN Briefing News

Myanmar Coup: Updates and What To Do If You Are In The Country

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Reports from Myanmar today have indicated that a military coup has been underway and that President Win Myint together with the nation’s elected leader, Aung San Suu Kyi, and other high-ranking Government officials.

Cambodia’s 2021 Minimum Wage: Increased for Textile and Garment Sectors

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As of January 1, 2021, Cambodia’s monthly minimum wage rate for regular workers is US$192, an increase from US$190 in 2020.

Turkey to Forge Closer Ties with ASEAN and Asia

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Turkey is seeking to forge closer ties with ASEAN and Asia through its Asia Anew initiative which was launched in late 2019.

Vietnam Introduces New Labor Code for 2021

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Vietnam’s National Assembly approved a new Labor Code which took effect in January 2021.

UK Joins ASEAN as Dialogue Partner, Looking at Joining CPTPP Asia-Pacific Free Trade Agreement

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The British House of Lords has launched a new inquiry on the potential accession of the UK to the CPTPP trade agreement.

Indonesia to Prepare Positive Investment List

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Indonesia’s government is preparing a draft Presidential Regulation on investment business fields — dubbed the positive investment list.

Indian Investment in Vietnam – How to Structure Operations for Success

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India and Vietnam relations have been steadily growing, marked by economic, commercial, and strategic engagement in the past four decades.

ASEAN’s Free Trade Agreements: An Overview

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It is important for foreign investors to understand ASEAN’s free trade agreements (FTAs) to capitalize on the bloc’s long-term potential.

Singapore Issues First Digital Banking Licenses: Potential for Regional Expansion

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Singapore has approved its first digital banking licenses, which will make financial services more accessible to underserved segments.

Bank Indonesia Issues Regulation on Payment Systems

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Bank Indonesia issued Regulation No.22/23/PBI/2020, which aims to structure the regulatory framework of the country’s payment systems.

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