Cambodia Opens Foreign Employee Quota Application for 2024
Cambodia has opened the application window for businesses to apply for the foreign employee quota. Under the quota system, only 10 percent of a local company’s workforce can be a foreign employee.
Indonesia Introduces De-Dollarization Task Force
Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.
Audit and Compliance in Vietnam: A Guide for Foreign Investors
Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.
Indonesia Introduces Golden Visa to Attract Foreign Investors
Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.
Singapore’s Data Center Sector: Regulations, Incentives, and Investment Prospects
Singapore is renowned for its highly advanced telecommunications sector, marked by an impressive network infrastructure and exceptional connectivity. Cumulatively, this presents various data center investment opportunities.
Indonesia’s Data Center Industry: Investment Outlook and Regulations
Indonesia’s data center industry offers promising prospects, particularly as the digital economy is expected to reach a GMV of US$360 billion by 2030.
Audit and Compliance in Thailand: A Guide for Foreign Investors
All companies in Thailand must prepare financial statements for their assigned accounting period to the Ministry of Commerce.
Vietnam Bolsters Regional Financial Links through Connectivity Payment Initiative
Vietnam officially joined ASEAN’s Regional Payment Connectivity initiative, which aims to enhance cross-border payment systems in the region.
Investing in Indonesia’s Nongsa Special Economic Zone
Indonesia’s Nongsa Special Economic Zone, located on Batam Island, offers a variety of opportunities for foreign investors.
Indonesia New Tax Regime for Benefits-in-Kind
Indonesia’s Ministry of Finance issued Regulation 66 of 2023 (MOF 66/2023) to govern the tax treatment of benefits-in-kind.