Economy & Trade

US – Vietnam Reach Agreement on Currency, No Tariffs Imposed

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Vietnam reached an agreement with the US regarding its practices on currency, marking an end to the dispute, and for Vietnam no threat of tariffs.

Thailand Issues Latest US$1.3 Billion Stimulus Package

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Thailand issued its latest stimulus package valued at 42 billion baht (US$1.3 billion), which provides financial assistance to businesses and people.

Thailand and the EU Resume Free Trade Agreement Negotiations

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Thailand and the European Union (EU) have agreed to resume negotiations on a free trade agreement (FTA), seven years after talks collapsed in 2014.

How US Businesses Can Access the East Asian US$25 Trillion RCEP Free Trade Market Agreement via Existing Agreements

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US businesses can access the RCEP free trade agreement through its existing agreements with partners in the region.

Singapore Launches Latest US$800 Million Economic Support Package

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On July 23, 2021, Singapore introduced its latest S$1.1 billion (US$800 million) economic support package as the country returned to Phase 2 restrictions.

Vietnam’s Transport Infrastructure Master Plan: Three Proposals for Implementation

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In April 2021, Vietnam’s transport ministry announced its transport infrastructure master plan between now and 2030, which is estimated to cost between US$43 billion and US$65 billion.

Opportunities for Indian Manufacturers in ASEAN

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The economic partnership between India and (ASEAN) has continued to strengthen since the economic relationship began in 1992 and with the ASEAN-India Free Trade Agreement (AIFTA) coming to effect in 2009.

Malaysia’s Pemulih Stimulus Package: Supporting Businesses and Individuals

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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.

How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

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Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

Indonesia’s Omnibus Law: Provisions on Special Economic Zones

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Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.

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