How to Take Advantage of New Incentives in Thailand’s Medical Industry
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
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
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
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
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
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
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
The Cambodian government launched its new online business registration system (Single Portal) on June 15, 2020.
Singapore Begins Phase 2 of Reopening: Safe Transition
Singapore began Phase 2 of reopening its economy from June 19, allowing more businesses to resume activities.
Thailand to Impose Digital Service Tax: Impacting Foreign Providers
The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.