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Malaysia Increases Minimum Wage

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The government has increased the minimum wage for major towns under 56 city and municipality councils.

Thailand Issues New Incentives for EEC

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In December 2019, Thailand’s Board of Investment (BOI) issued a new incentive package to attract more investments into the Eastern Economic Corridor (EEC).

Singapore’s 2020 Budget: Salient Features

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Singapore’s 2020 budget provides support to businesses impacted by the coronavirus as well as targeting technology and innovation as lead areas for growth.

Thailand’s New Land and Building Tax Act

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Thailand’s new Land and Building Tax Act came into effect January 1, 2020; it was introduced in March 2019. Read on to learn more.

A Guide on Myanmar’s New Insolvency Law

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Myanmar’s new Insolvency Law aims to introduce a modern insolvency regime for investors and entrepreneurs. Read on to learn more.

Singapore Revises PR Scheme: Courting Investments

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Singapore’s government has made changes to its Global Investor Program to make it easier for foreign investors to apply for permanent residence (PR) status.

Indonesia and Australia Ratify IA-CEPA Agreement

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On February 10, 2020, Indonesia and Australia ratified the Indonesia-Australia Comprehensive Economic Partnership Agreement.

Indonesia and Singapore Sign Updated Double Taxation Avoidance Agreement

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Indonesia and Singapore signed the updated agreement on the elimination of double tax avoidance and prevention of tax evasion. Read on to learn more.

Laos to Implement New Income Tax Rates

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Laos’ new Income Tax Law will come into effect on February 17, 2020, and sets out the latest tax rates for businesses and employees.

ASEAN Businesses Facing Shortage of Chinese-Made Components: Contingency Plans

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China’s Coronavirus outbreak has impacted businesses throughout ASEAN being able to obtain supply deliveries. Learn more about the alternatives.

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