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January 18, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
18 January 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

ASEAN EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Tax Transformation: Indonesia Introduces New Income Tax Regulations
 
Indonesia’s government has introduced Government Regulation 58 of 2023 (GR 58/2023) on new income tax deduction rates for individual taxpayers. GR 58/2023 became effective on January 1, 2024.
 
 
 
Malaysia’s Semiconductor Sector Beckons Foreign Investors
 
Malaysia is seeking to attract more investments to help its semiconductor industry move up the value chain in the chips industry, particularly for chips used in electric vehicles.
 
 
 
A Guide to HR Compliance in the Philippines
 
Expatriate workers and their employers in the Philippines must understand the process of obtaining a work visa and employment permit to legally work in the country.
 
 
 
Singapore Cybersecurity Draft Amendment Bill: Public Consultation Ends Jan. 15
 
The Cyber Security Agency of Singapore (CSA) on 15 December 2023 published the consultation paper on the draft 2023 Cybersecurity Amendment Bill.
 
 
 
Incentives in Malaysia’s Special Economic Zones: A Guide for Businesses
 
Special economic zones (SEZs) in Malaysia provide fiscal incentives and tax relief, sector-specific perks, and strong infrastructure. We list the available incentives for businesses in the country’s respective SEZs.
 
 
 
An Introduction to Doing Business in ASEAN 2024 – New Publication from Dezan Shira & Associates
 
An Introduction to Doing Business in ASEAN 2024, the latest publication from Dezan Shira & Associates is out now and available for download through the Asia Briefing Publication Store.
 
 
 

We hope you're enjoying this ASEAN Edition.

To receive any of our other complimentary regional editions, including China, Vietnam, India, Middle East, or our Asia weekly round-up you can add or change subscriptions. Or newly subscribe a friend.

 
 

NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
An Introduction to Doing Business in Vietnam 2024
 
 
An Introduction to Doing Business in Vietnam 2024
 
We provide investors with an overview of the fundamentals of investing and doing business in Vietnam, with all information a firm might need to not only establish itself, but also to thrive, in Vietnam.
 
 
 
 
An Introduction to Doing Business in China 2024
 
This guide familiarises investors with business landscape & explores new methods of doing business in China — to identify areas of risk and prepare for new opportunities.
 
 
 
An Introduction to Doing Business in India 2024
 
This guide covers essential aspects of investing in India, including corporate establishment, investment climate, tax, audit, accounting, HR, payroll, and the trade environment.
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Singapore 2023 Recap & 2024 Outlook: Updates & Opportunities
 
Webinar | Tuesday, January 23, 2024 | 4 PM Singapore/ 3 PM ICT / 9 AM CET
 
 
 
Investing and Doing Business in Vietnam - Key Sectors, FTAs, and FDI Opportunities in 2024
 
Webinar | Wednesday, January 31, 2024 4:00 PM Vietnam / 5:00 PM China / 10:00 AM CET
 
 
 
 
3rd Annual Sustainability Week Asia
 
Virtual & In – Person Event | March 11 – 13, 2024 | The Athenee Hotel, Bangkok
 
 
 
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