Indonesia’s Healthcare Industry: Growing Opportunities for Foreign Investors
Indonesia’s healthcare industry presents a lucrative investment opportunity for foreign investors given its large market size.
Indonesia Allows the Import of Certain Manufactured Goods Hoping to Kick-Start Local Production
Indonesia’s Ministry of Trade issued Reg 59/2020 in June 2020 that limits the number of industries allowed to import manufactured goods.
New Criteria for Foreign Digital Service Providers to Collect VAT in Indonesia
Indonesia’s Director-General of Tax has determined the criteria for which foreign digital service providers can collect VAT.
Thailand Issues Stimulus Packages to Boost Domestic Tourism
The Thai government has issued stimulus packages worth 22.4 billion baht (US$718 million) to revitalize the country’s tourism industry.
Indonesia Issues Regulation on Taxing Digital Services
Indonesia introduced Reg 48/2020 in May 2020, which imposes a 10 percent VAT on digital service providers.
Thailand to Impose Digital Service Tax: Impacting Foreign Providers
The Thai government has approved draft legislation that will allow the country to impose VAT on international digital service providers.
Cambodia Lifts Entry Ban on Six Countries
Cambodia has lifted its entry bans on six countries from May 20, 2020, although strict entry requirements will still apply.
Special Economic Zones in ASEAN: Opportunities for US Investors
The ASEAN region presents new opportunities for US investors, in particular those who are looking to diversify their supply chains.
Indonesia Issues Safety Guidelines for Businesses Post Lockdown
Indonesia’s Ministry of Health issued Decree 228/2020, which provides safety guidelines for businesses after the lockdown ends.
Indonesia’s COVID-19 Immigration Measures: Latest Updates
Indonesia issued new health protocols for international arrivals at all its ports of entry, requiring everyone to undergo PCR testing and quarantine.