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.
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Singapore’s Corporate Venture Launchpad will run for one year and enable eligible corporates to launch investible new ventures within six months.
Vietnam’s conditional sectors represent a number of opportunities for investors looking to tap into this market segment.
Microsoft is establishing its first data center in Malaysia, which is expected to create 19,000 jobs and generate US$4.6 billion in revenue for the country.
Vietnam’s Law on Personal Income Tax recognizes different categories of income, with a host of deductions, and tax rates, applying to each of them.
Vietnam-Canada trade relations reached almost US$9 billion in 2020, an all-time high, thanks in part to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Singapore and Thailand launched the world’s first linkage of real-time payment systems, which will facilitate faster and cheaper cross-border transfers.
Due to the pandemic, many ASEAN members did not raise their minimum wages or did not raise them significantly.
While cryptocurrency trading and use are booming globally in terms of popularity, the Vietnamese legislation makes no reference to such transactions.