We will be operating this article as a running live update service to keep businesses in the ASEAN region informed with regards to the coronavirus.
The CREATE Act is a time-bound and tailor-made set of corporate and tax reforms to counter the effects of COVID-19 on the Philippines’ economy.
Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
On April 8, 2021, Deputy Prime Minister Heng Swee Keat announced that he will step aside as the successor to Prime Minister Lee Hsien Loong.
Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.
The government issued Decision No. 10/2021/QD-TTg which details criteria for identifying hi-tech businesses.
Malaysia is home to five investment corridors, which offer their own distinct investment roadmaps.
Indonesia’s fintech industry is one of the most competitive and dynamic in ASEAN. The country is home to 20 percent of all fintech companies in the Southeast Asian bloc.
An official company seal or chop is used for legally authorizing documentation issued by companies, or agencies.
Cambodia issued its latest economic relief measures, comprising of financial aid for suspended workers and the suspension of tax obligations.