Other Briefings
Singapore Makes Amendments to Company Laws to Improve Compliance
Singapore’s Parliament approved amendments to two company laws. Businesses must now keep registers of their nominee shareholders and their nominators.
Philippines Amends Retail Trade Liberalization Act to Attract Foreign Investment
The Philippines has approved the final amendments to the Retail Trade Liberalization Act, which aims to ease foreign investments in the retail sector.
Indonesia Passes Bill to Build New Capital City: Deadline 2024
Indonesia’s new capital needs major investment for its development, which presents ample opportunities for foreign businesses.
The Philippines Issues VAT Exemption for Exporters of Local Purchases
The Philippines has issued a value-added tax (VAT) exemption for registered exporters on their local purchases of goods and services
One Year in, What to Make of Joe Biden’s Asia Trade Policy?
The longer the US stands on the sidelines concerning trade with Asia, the more American businesses face competitive disadvantages on their exports.
Malaysia Imposes Licensing Requirements for Cloud Service Providers
Effective from January 1, 2022, Malaysia has imposed a licensing requirement on the provision of cloud services, although it will only be enforced from April 1, 2022.
Indonesia’s Omnibus Law: New Protection and Empowerment Measures for Small Businesses
Indonesia’s GR 7/2021 looks to provide greater protection and empowerment to Indonesia’s cooperatives, micro, small, and medium-sized enterprises.
What Support is Available for Singapore Companies to Expand Overseas?
The Market Readiness Assistance grant and Double Tax Deduction Scheme for Internationalization assist Singaporean businesses expand abroad.
Malaysia Issues Tax Exemption for Foreign Sourced Income
The Malaysian government has decided to provide a tax exemption on foreign-sourced income for individual taxpayers, backtracking from their earlier proposal made in the 2022 budget.
Philippines Introduces New Economic Zone Authority Visa for Foreigners
In November 2021, the Philippines Economic Zone Authority introduced a new work visa for foreigners who are sponsored to work in the Philippines by companies registered with PEZA.
