ASEAN Briefing News

The Philippines’ Border Reopening: Implications for Businesses

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The Philippines tourism industry is set to benefit from ease in border restrictions as the country is now open to fully vaccinated international travelers.

Thailand Flexible Plus Program: Attracting High-Net-Worth Investors

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The program is only open to Thailand Privilege Card members, and offers international investors the ability to convert their privilege entry visa into a non-immigrant (B) visa.

Thailand Issues Tax Incentives for Investments in Local Startups

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We list the eligibility criteria, targeted industries, and tax incentives available for entities or individuals making investments into Thai startups.

Indonesia Bans the Export of Palm Oil, Impacting Global Food Prices

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As of April 28, 2022, Indonesia has begun a complete ban on palm oil exports, a move that could threaten global food prices.

Assessing the Current Human Resources Talent Pool in ASEAN

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ASEAN is endowed with a diverse workforce but these are spread across different levels of the developmental spectrum.

HDB Green Towns: Supporting Singapore’s Sustainable Development Goals

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Singapore’s HDB Green Town program has an overarching goal of reducing annual energy consumption by public estates by 15 percent by 2030.

Tax Incentives for Pharmaceutical Manufacturers in Malaysia: How Can Businesses Qualify?

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Malaysia will continue to accept applications for tax incentives from pharmaceutical manufacturers until December 31, 2022.

New Criteria for Family Offices in Singapore to Receive Tax Incentives

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The Monetary Authority of Singapore announced new stricter criteria for family offices to receive tax incentives in Singapore. The new rules apply as of April 18, 2022.

Cambodia Delays Capital Gains Tax to 2024: Impact for Businesses and Individuals

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Cambodia has officially delayed its planned implementation of capital gains tax to January 1, 2024.

Vietnam’s Border Reopening: Implications for Businesses

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Vietnam has reopened its borders to all international visitors as it looks to revitalize its tourism industry.

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