ASEAN Briefing News

Indonesia’s BKPM Issues Guidelines on Electronic Business Licensing

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Indonesia’s Investment Coordinating Board issued Reg BKPM1/2020, which provides guidelines on the implementation of its electronic business licensing service.

Laos Introduces Exemptions from Penalties for Late Filing and Payments of Taxes

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Laos’ Ministry of Finance issued Notification 1061/MOF which provides exemptions from penalties for businesses for the late payment and filing of taxes.

Vietnam’s Economy to Grow Fastest in Southeast Asia Despite COVID-19: ADB

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Vietnam Briefing highlights Vietnam’s strong economy and its forecast strong growth after COVID-19 as discussed in ADB’s Asian Development Outlook 2020.

More Incentives, Obligations Announced for Businesses in Cambodia in Tourism, Garment Industries

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Cambodia issued new regulations on new tax incentives as well as obligations on suspending employment contracts.

Singapore Eases COVID-19 Lockdown: What Businesses Can Operate?

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Singapore began easing its lockdown measures on May 5, 2020, by allowing certain businesses to operate.

Singapore’s Ministry of Manpower Revises Rules on Hiring Foreign Employees

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On March 3, 2020, Singapore’s Ministry of Manpower announced new rules on the hiring of foreign employees. These were enacted May 1, 2020.

More Businesses in Indonesia to Avail Special Tax Incentives as Part of COVID-19 Stimulus

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The Indonesian government is planning to extend the business sectors eligible for tax incentives set out in the second COVID-19 stimulus package.

Singapore’s COVID-19 Temporary Measures Act Provides Legal Basis for Force Majeure

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The COVID-19 Temporary Measures Act provides relief for businesses unable to fulfil their contractual obligations.

COVID-19 and the Effects on Supply Chains in Vietnam

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Vietnam Briefing discusses the COVID-19 pandemic and the effects it is having on supply chains in Vietnam.

Indonesia’s Textile and Garment Industry: Opportunities for Foreign Investors

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Why Indonesia’s textile and garment industry presents new growth opportunities for foreign investors.

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