ASEAN Briefing News

Thailand Issues Stimulus Packages to Boost Domestic Tourism

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The Thai government has issued stimulus packages worth 22.4 billion baht (US$718 million) to revitalize the country’s tourism industry.

Cambodia Eases Financing for Businesses Impacted by COVID-19

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Cambodia’s government has issued a variety of new measures to assist businesses impacted by the coronavirus outbreak.

How to Take Advantage of New Incentives in Thailand’s Medical Industry

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ASEAN Briefing explains the incentives issued by Thailand’s Board of Investment (BOI) for manufacturers of medical equipment in the country.

MERCOSUR and Singapore – Free Trade Agreement Delayed due to COVID-19

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The proposed FTA between MERCOSUR and Singapore will favor bilateral trade and investments and expand MERCOSUR presence in ASEAN.

Indonesia Issues Regulation on Working Capital Incentives for MSMEs

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Indonesia issued Reg 71/2020, which appointed state-owned insurance providers to provide guarantees for banks providing working capital loans for MSMEs.

Indonesia Issues Tax Incentives for COVID-19 Support

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The Indonesian government has granted tax incentives and deductions for domestic taxpayers who have contributed to tackling the COVID-19.

Singapore’s COVID-19 Immigration Measures: Latest Updates

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As of June 17, 2020, Singapore will allow inbound travelers from selected countries to undergo self-quarantine in their place of residence.

Indonesia Issues Regulation on Taxing Digital Services

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Indonesia introduced Reg 48/2020 in May 2020, which imposes a 10 percent VAT on digital service providers.

Indonesia Issues Implementing Regulation for Interest Subsidies Program

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Indonesia’s issued implementing Regulation 65/2020, which addresses the criteria for which businesses can receive interest subsidies.

Cambodia Launches New Online Business Registration System

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The Cambodian government launched its new online business registration system (Single Portal) on June 15, 2020.

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