ASEAN Briefing News

Cybersecurity Rules for Financial Institutions in Indonesia

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Indonesia recently released new cybersecurity rules for the financial sector, including banks, insurance companies, and other financial services providers.

Singapore Budget 2023: Impact for Businesses

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Singapore Budget 2023 issues support for businesses as they transition to a post-COVID-19 world and combat elevated inflation and growth slowdown.

A Guide to Taxation in Vietnam

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All taxes in Vietnam are imposed at the national level; there are no local, city, or provincial taxes.

Indonesia’s Top Sectors to Watch for in 2023

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Foreign investors should note the key sectors where growth is expected to rise in Indonesia for 2023, including downstream mining and infrastructure.

Indonesia’s Second Home Visa: What are the Requirements?

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Indonesia has issued second home visas, the first of its kind for the country, which will allow foreigners to stay for between five to 10 years.

Increased Oversight in Indonesia’s Peer-to-Peer Lending Sector

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Indonesia has increased oversight in its peer-to-peer lending sector through OJK Regulation POJK10/2022. The regulation increases the minimum capital and equity requirements for P2P lenders and sets out a more efficient licensing procedure.

Vietnam’s Decree 91 Makes Amendments to the Tax Administration Law

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Vietnam’s Decree 91 makes amendments to the country’s Tax Administration Law. One of the changes includes reinstating the ’80 percent rule’ regarding provisional corporate income tax.

Minimum Wage Increases for Micro Enterprises in Malaysia Deferred to July 2023

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Micro enterprises in Malaysia will not be required to implement the new minimum wage until July 2023.

Thailand Adopts Work from Home Bill: Implications for Employers

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Thailand has made an amendment to the Labor Protection Act to offer the same labor rights to remote workers.

An Overview of Swiss Investments in Indonesia

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With Swiss investments already spreading across Southeast Asia, it comes as no surprise that Indonesia, a prominent member of ASEAN, has been a key focus for Swiss FDI.

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