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’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.
Singapore is set to implement new guidelines requiring all employers to have a formal process in place for workers to request flexible work arrangements, starting December 2024.
The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.
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Sign Up NowOn 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’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.
Singapore's Deputy Prime Minister and Minister for Finance Lawrence Wong recently concluded a visit to Germany. The visit focused on enhancing bilateral cooperation and addressing global challenges.
The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.
The Philippines ratified the Second Protocol of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).
The Ministry of Finance of Laos issued regulation number 0558/MOF which sets out the latest guidance regarding tax obligations for e-commerce and digital platform providers.
Thailand’s National Electric Vehicle Policy Committee has approved new measures to support the uptake of e-buses, e-trucks, as well as the establishment of battery bases.
Malaysia has officially increased the sales and services tax rate from six percent to eight percent, which will impact several industries such as finance and leisure.
Incorporated companies in Singapore must file an Estimated Chargeable Income (ECI) for each year of financial assessment.
Indonesia’s Ministry of Finance issued new tax incentives to spur electric vehicle production and sales in the country.
The Personal Data Protection Act (PDPA) provides baseline protection for personal data in Singapore.
Vietnam announced the development of the Law on Personal Data Protection to bolster data privacy measures and align regulations for a more cohesive framework.
As part of Indonesia's data protection law, businesses must implement Data Protection Impact Assessments for activities involving the processing of high-risk personal data.
Under Indonesia's PDP Law, personal data processing activities must be conducted in a specific, legally valid, and transparent manner.
Indonesia’s President has signed a regulation that will require companies such as Meta and Google to pay news publishers to feature media content on their platforms.
Hanoi, the capital of Vietnam, is taking measures to realize its ambition to become a hub for semiconductor production in Vietnam by 2050.
Indonesia's ambitious targets in the electric battery industry offer a prime opportunity for strategic investments and partnerships.
Malaysia has removed visa requirements for Chinese and Indian travelers as the country aims to boost its tourism industry.
With Indonesia aiming for a coal production of 710 million tons in 2024, the country is driving a delicate balance between economic growth and emission reduction.
Malaysia wants to develop its semiconductor industry beyond assembly and testing into more value-added production such as integrated circuit design.
Singapore is set to implement new guidelines requiring all employers to have a formal process in place for workers to request flexible work arrangements, starting December 2024.
Singapore will increase the salary criteria for foreign executives and professionals working in the country from January 1, 2025.
With the upcoming Eid-al Fitr holiday in Indonesia, businesses must pay the religious holiday allowance, also known as Tunjangan Hari Raya (THR).
Malaysia’s government revised its residency program, the Malaysia My Second Home program, and eased the requirements by which foreigners are eligible for the residency permit.
The Indonesian Government introduced the second amendment to the Work Accident Benefit and the Life Insurance social security programs.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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