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February 22, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
22 February 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:

 
 
 
Indonesia’s General Elections: What it Means for Investors
 
On February 14, 2024, Indonesia conducted the world’s largest single-day election when voters chose a new president and vice president as well as parliament members. The current president, Joko Widodo (Jokowi), is...
 
 
 
Understanding Singapore’s 2024 GDP Forecast
 
In 2024, Singapore maintains a cautiously optimistic economic outlook despite global uncertainties, with projections indicating a modest growth range of 1 to 3 percent.
 
 
 
Laos Implements Mandatory Bank Accounts for Foreign Investors
 
The Bank of the Lao PDR (BOL), the country’s central bank, issued a new regulation that mandates foreign investors to open a local bank account, using the Kip currency, within 15 days of obtaining a business license....
 
 
 
Philippines Enacts New E-Commerce Regulation
 
In late December, 2023, the Philippines government adopted the Internet Transactions Act of 2023 (ITA), a new law governing the country’s e-commerce industry. The ITA, officially titled An Act Protecting Online...
 
 
 

We hope you're enjoying this ASEAN Edition.

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NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
Prospects for Electric Battery Production in Indonesia
 
 
Prospects for Electric Battery Production in Indonesia
 
In this issue of the ASEAN Briefing magazine, we provide an overview of Indonesia’s EV battery industry before exploring the various incentives offered by the government. Finally, we discuss the type of business...
 
 
 
 
Vietnam Market Entry Strategy for Foreign F&B Companies
 
In this edition of Vietnam Briefing Magazine, we delve into the dynamic F&B sector in Vietnam. We provide insights into the essentials of establishing an F&B enterprise in the country, discuss the regulations...
 
 
 
An Introduction to Doing Business in ASEAN 2024
 
This publication is designed to introduce the fundamentals of investing in all ten ASEAN countries and includes a guide to corporate establishment, tax advisory, and bookkeeping, in addition to HR and payroll, double...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Indonesia's Electric Vehicle Supply Chain Industry: Opportunities and Incentives for Global Investors
 
Webinar | Wednesday, March 6, 2024| 3:00 PM Jakarta / 4:00 PM China / 9:00 AM CET
 
 
 
Setting Up SMEs in Vietnam: Essential Step-by Step Guide 2024
 
Webinar | Thursday, February 29th | 4:00 PM Vietnam / 5:00 PM China / 10:00 AM ICT
 
 
 
 
Singapore Blockchain Festival and Traders Fair 2024
 
Trade Show | Saturday, March 2, 2024 | Marina Bay Sands Singapore, Expo and Convention Centre
 
 
 
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