Vietnam to Build First Hydrogen Plant, Coal to Still be Dominant Power Source
Vietnam will build its first hydrogen plant, slated to be finished in 2023. However, the country will continue to rely on fossil fuels, especially coal.
Singapore Signs Digital Trade Deal With the UK
The UK-Singapore Digital Economy Agreement aims to advance end-to-end digital trade and encourage digital economy participation by businesses.
Cambodian Companies Now Required to Use National Domain Name
Registered companies in Cambodia are now required to use a local domain name such as .com.kh for their websites and email addresses.
Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers
As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.
Malaysia Enhances Incentives for Businesses Looking to Establish a Principal Hub
Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.
Malaysia Increases Minimum Wage from May 1, 2022: What are the Implications for Businesses?
Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).
Singapore Introduces New Incentives to Encourage Greener Ships
Singapore’s Maritime Port Authority has issued new incentives for Singapore-flagged ships that undertake decarbonization efforts.
How to Register a Trust in Cambodia?
Cambodia’s Prakas 003 sets out the establishment, function, and registration requirements of trusts in the country.
Comparing Mexico and Indonesia as Manufacturing Hubs for US Investors
We look at the economic and business environment in Mexico and Indonesia and discuss their comparative prospects as an offshore production hub.
China Launches New Freight Train Services to Vietnam
China has launched new freight train services to Vietnam from the cities of Chengdu and Chongqing, enabling exporters to establish new trade opportunities with Western China.