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Singapore Proposes New Bill to Regulate Significant Investments in Critical Entities for National Security

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Singapore’s proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.

Thailand to Set 2024 Minimum Wage Rate by Year-End

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Thailand is set to announce a minimum wage increase for 2024, expected to surpass the inflation rate. It is likely to fall short of the initially proposed 400 baht (US$11.12) per day to mitigate potential negative impacts on small and medium-sized enterprises.

Indonesia Stock Exchange (IDX) Launches Carbon Trading Operations

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The Indonesia Stock Exchange (IDX) has launched, following approval from the Financial Services Authority, and aligned with the country’s emissions reduction goals and enable transition to renewables.

Guidelines for Calculating Carbon Footprint for Businesses in Vietnam

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Vietnam has clear guidelines for businesses to effectively calculate and report the carbon footprint of their products.

Taxation of Foreign Sourced Income in Singapore Effective January 2024

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Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.

A Guide to Tax Obligations for Non-Resident Property Owners in Vietnam

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Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.

Service Contracts in Vietnam: What You Need to Know

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Service contracts in Vietnam are a flexible alternative for firms to find human resources support and staff time-bound or specialized projects.

Unlocking Growth: The Role of Asian Trade Agreements for American Businesses

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By leveraging Asia’s network of free trade agreements, US businesses can benefit from better access to the large Asian markets.

Thailand’s Tourism Boost: Visa Waiver for Chinese Visitors

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Thailand has introduced a visa waiver program for Chinese tourists as the government looks to boost the economy through this vital sector.

US and Singapore to Deepen Collaboration on AI and Emerging Technologies

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The US and Singapore have committed to deepen their technology partnership by collaboration on key areas of critical and emerging technology.

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