ASEAN Briefing News

Singapore Launches Latest US$800 Million Economic Support Package

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On July 23, 2021, Singapore introduced its latest S$1.1 billion (US$800 million) economic support package as the country returned to Phase 2 restrictions.

How to Prepare a Foreign Worker Utilization Plan: Hiring in Indonesia

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MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.

Vietnam Issues Latest Incentives for Businesses and Employees

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Under Resolution 68/NQ-CP the government has unveiled several financial packages to employers and employees affected by the fourth wave of COVID-19.

ASEAN, EU Agree to World’s First Bloc-to-Bloc Air Transport Agreement

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ASEAN and the EU have agreed to the world’s first bloc-to-bloc air transport agreement through the ASEAN-EU Comprehensive Air Transport Agreement.

Vietnam’s Transport Infrastructure Master Plan: Three Proposals for Implementation

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In April 2021, Vietnam’s transport ministry announced its transport infrastructure master plan between now and 2030, which is estimated to cost between US$43 billion and US$65 billion.

BioNTech to Build Vaccine Manufacturing Site in Singapore

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Biotechnology company BioNTech will establish its Asia-Pacific regional headquarters in Singapore, where it will also establish an mRNA manufacturing facility.

Indonesia to Build Electric Vehicle Battery Plant, Production Starting in 2023

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Indonesia will build its first electric vehicle battery plant and aims to begin production by 2023, in a project estimated to be valued at US$9.8 billion.

Cambodia Issues Ninth Round of Stimulus Measures

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Cambodia unveiled its ninth round of stimulus measures to support businesses andhouseholds as the country grapples with a sudden surge in COVID infections.

Opportunities for Indian Manufacturers in ASEAN

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The economic partnership between India and (ASEAN) has continued to strengthen since the economic relationship began in 1992 and with the ASEAN-India Free Trade Agreement (AIFTA) coming to effect in 2009.

Import and Export Procedures in Indonesia – Best Practices

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Indonesia has made serious efforts to improve its import and export procedures as the country targets to become the fourth-largest economy by 2045.

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