Singapore Enhances Support Measures to Help Individuals and Businesses
Singapore has prepared S$800 million (US$604 million) worth of enhanced measures for individuals and businesses during the Phase 2 period.
Tokopedia and Gojek Merger Creates Indonesia’s Largest Digital Services Company
Indonesia’s biggest internet companies Gojek and Tokopedia announced a US$18 billion merger in what is the country’s largest-ever business deal.
Reopening of the Malaysia-Singapore Border: Strict Health Protocols to Impact Travelers
As of May 17, visitors from both countries can cross the border for compassionate reasons, such as visiting family members that are critically ill.
Indonesia’s Omnibus Law: The New Unemployment Benefit Program
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed.
Singapore’s EDB Launches S$10 Million Corporate Venture Launchpad
Singapore’s Corporate Venture Launchpad will run for one year and enable eligible corporates to launch investible new ventures within six months.
Optimizing Investments in Vietnam’s Conditional Sectors
Vietnam’s conditional sectors represent a number of opportunities for investors looking to tap into this market segment.
Bersama Malaysia: Microsoft Commits US$1 Billion Investment to Establish Data Center in Malaysia
Microsoft is establishing its first data center in Malaysia, which is expected to create 19,000 jobs and generate US$4.6 billion in revenue for the country.
Personal Income Tax in Vietnam: Exemptions and Reductions
Vietnam’s Law on Personal Income Tax recognizes different categories of income, with a host of deductions, and tax rates, applying to each of them.
Vietnam and Canada Trade: Leveraging the CPTPP
Vietnam-Canada trade relations reached almost US$9 billion in 2020, an all-time high, thanks in part to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Singapore and Thailand Launch Integrated Real Time Payment Systems
Singapore and Thailand launched the world’s first linkage of real-time payment systems, which will facilitate faster and cheaper cross-border transfers.