ASEAN Briefing News

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.

Thailand’s Eastern Economic Corridor Sets New Investment Targets

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Thailand’s Eastern Economic Corridor has set a new investment target of 500 billion baht (US$13.7 billion) over the next five years.

Philippines Sovereign Wealth Fund: Marcos Says Not Suspended but Being Optimized

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The Maharlika Investment Fund is the Philippines’ first sovereign wealth fund and remains a top priority for President Marcos Jr. Amid reports that the fund was being halted, Marcos clarified that necessary improvements were being made.

Indonesia Market Prospects for EV Sales and Manufacturing

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We discuss prospects for foreign investors in the Indonesia market for electric vehicles, supported by enabling government policies and raw material supplies.

Myanmar Implements Long-Awaited Minimum Wage Hike

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Myanmar has increased the daily minimum wage rate after a five-year hiatus to 5,800 kyat (US$2.76) for an 8-hour day, from 4,800 kyat (US$2.28).

ASEAN, Canada Edge Closer to Concluding Free Trade Agreement

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ASEAN and Canada have edged closer to concluding a free trade agreement with Canada officially achieving the strategic partnership status during the ASEAN Summit.

Why Establish a Family Office in Singapore

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Singapore has become the preferred destination for family offices. The city-state recorded over 1,500 family offices by the end of 2022.

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