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April 25, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
25 April 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:

 
 
 
Prabowo Subianto Becomes Indonesian President
 
On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.
 
 
 
Singapore Designates Lawrence Wong as Prime Minister, Effective May 15
 
Singapore’s Deputy Prime Minister Lawrence Wong will take over as Prime Minister in May from Lee Hsien Loong, who will step down after 20 years in office. This is only the fourth time in Singapore’s history that a...
 
 
 
Formalized Flexible Work Arrangements to Be Introduced in Singapore from December 2024
 
Singapore is set to implement new tripartite guidelines requiring all employers to have a formal process in place for workers to request flexible work arrangements, starting December 2024. This mandate aims to foster...
 
 
 
Lawrence Wong’s Visit Boosts Singapore-Germany Relations
 
In a significant step to bolster Singapore’s international relations, Deputy Prime Minister and Minister for Finance Lawrence Wong recently concluded a visit to Berlin, Germany, from April 8 to 10, 2024. This visit...
 
 
 
Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit
 
The Thai government is considering imposing a seven percent value-added tax on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones to protect local businesses being...
 
 
 
Unlocking ESG Reporting Requirements in Singapore
 
We dive into the regulatory requirements of ESG reporting in Singapore before describing what needs to be included in an ESG report. Finally, we discuss the ESG core metrics within an ESG framework.
 
 
 

We hope you're enjoying this ASEAN Edition.

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
From stricter capital injection rules to enhanced corporate governance, the changes introduced in the New Company Law have far-reaching implications for businesses, including foreign invested enterprises (FIEs)...
 
 
 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...
 
 
 
Inside India's Manufacturing Revolution: Strategies and Insights for Business Success
 
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...
 
 
 

Do you have any feedbackOur teams would love to hear from you!

 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
Hong Kong vs. Singapore: A Comparison of Current Business Environments, Key Industries, and Regional Hub Potential
 
Webinar | Thursday, April 25, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
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