ASEAN Briefing News

Philippines Plans Stock Tax Reduction to Revive Capital Market

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The Philippine government plans to drastically reduce the stock transaction tax from 0.6 percent to 0.1 percent, a move which aims to stimulate trading activity and attract more investors.

Boosting Tourism in Laos: New Visa Policies, Railway Routes, and Service Enhancements

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Laos is aiming to boost its tourism industry with visa exemptions, expanded railway routes, and upgraded service standards.

Australia Approves Renewable Energy Link to Singapore

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Australia’s approval of a renewable energy link to Singapore can reshape Southeast Asia’s energy landscape and boost regional clean energy initiatives.

Vietnam’s Da Nang to Develop Free Trade Zone, Connect with Strategic Lien Chieu Port

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Da Nang is set to boost its trade and investment by developing a new Free Trade Zone and constructing the strategic Lien Chieu Port.

Indonesia’s Record Investment Inflows: Key Highlights from H1 2024

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Indonesia achieved a record-breaking investment inflows in the first half of 2024, driven by significant foreign and domestic interest across key sectors.

Thailand’s Ignite Finance Initiative: A Strategic Push to Become a Global Financial Hub

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Thailand’s newly-launched Ignite Finance initiative aims to transform the country into a leading global financial hub

New Legislative Changes for Corporate Service Providers in Singapore

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Singapore’s new legislative changes aim to enhance corporate transparency and strengthen anti-money laundering measures by regulating corporate service providers and nominee directors.

Vietnam’s Data Center Market: A New Frontier for Global Investors

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Vietnam’s data center market stands at the threshold of significant growth, driven by the country’s evolving digital landscape and the recent implementation of the revised Telecommunications Law.

ASEAN Labor Costs: Minimum Wage and Social Insurance Essentials

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When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.

Why Singapore is a Hub for Tech Startups

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Singapore’s dynamic ecosystem, combining government support, strategic location, top-tier infrastructure, and a skilled workforce, makes it an unparalleled hub for tech startups to thrive globally.

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