Cambodia unveiled its ninth round of stimulus measures to support businesses andhouseholds as the country grapples with a sudden surge in COVID infections.
Malaysia announced its latest 150 billion-ringgit (US$36 billion) economic stimulus package, named Pemulih, in response to the indefinite extension of the national lockdown.
Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.
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.
Singapore’s government issued the COVID-19 Resilience Package as part of its 2021 national budget announcement on February 16, 2020.
Malaysia’s government has issued several tax measures in its national budget that will impact businesses in 2021.
In early January 2021, Malaysia launched the PERMAI stimulus package to support businesses.
Thailand’s government has issued its latest tax relief package to assist businesses impacted by the pandemic.
Thailand’s Board of Investment issued its latest stimulus package to accelerate foreign investments in the country.
Labuan, a federal territory of Malaysia, issued a new tax framework in early 2019, which impacts a variety of tax requirements, such as the abolition of the 20,000-ringgit tax ceiling.