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Singapore Goods and Sales Tax Will Increase by 1% from January 2023

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Singapore will increase its goods and sales tax (GST) as planned from January 1, 2023, from seven to eight percent.

Philippines to Establish Sovereign Wealth Fund

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The Philippines government wants to establish a sovereign wealth fund to spur infrastructure development but there are worries over diverting resources and transparency of the fund.

Philippines to Prepare Green Lane for Strategic Investments

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President Ferdinand Marcos Jr is preparing to sign an executive order to create a ‘green lane’ for strategic investments into the country. Licenses and permits could be processed more efficiently under the scheme.

Implementing Industry 4.0 in Singapore’s Manufacturing Sector

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We discuss the Industry 4.0 opportunities in Singapore’s manufacturing sector, from electronics to pharmaceuticals, and major players,

How Singapore is Poised to Take Advantage of Industry 4.0

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Singapore has already embraced Industry 4.0 with its advanced manufacturing steadily moving its production base up the value chain.

Indonesia-South Korea Free Trade Agreement to Take Effect

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The Indonesia-South Korea CEPA is set to take effect, after Indonesia’s parliament recently ratified the trade deal.

ASEAN-Australia-New Zealand Free Trade Area Upgraded

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The AANZFTA upgrade aims to modernize the agreement with new provisions on government procurement, MSMEs, trade, and sustainable development.

UK and Indonesia Trade and Investment Opportunities

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The UK is seeking to forge greater economic ties with the Indo-Pacific and Indonesia is among its key partners in Southeast Asia.

Indonesia Increases the Minimum Wage for 2023

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Indonesia’s Ministry of Manpower announced that minimum wages across the country will increase by a maximum of 10 percent for 2023.

Singapore Launches ESG Impact Hub: What it Means for Green Finance

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Singapore recently launched the environmental, social, and governance (ESG) Impact Hub to promote the country’s ESG ecosystem and set global standards for green and sustainable finance.

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