ASEAN Briefing News

Malaysia’s Pemulih Stimulus Package: Supporting Businesses and Individuals

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Malaysia announced its latest 150 billion-ringgit (US$36 billion) economic stimulus package, named Pemulih, in response to the indefinite extension of the national lockdown.

Singapore to Increase Central Provident Fund Contributions From 2022

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Singapore will increase the Central Provident Fund (CPF) contribution rates for employees aged 55 to 70 years from January 1, 2022.

Malaysia and Thailand Launch QR Payment Linkage

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On June 18, 2021, Malaysia and Thailand launched a cross-border quick response (QR) payment linkage to enable businesses and consumers from both countries to receive instant QR code payments.

How Businesses in Singapore can Reduce Overhead Costs During the Pandemic

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Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.

Indonesia’s Omnibus Law: Provisions on Minimum Wage

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Indonesia’s GR 36/2021 has eliminated the sectoral minimum wage while establishing a provision for hourly pay for part-time workers.

Indonesia’s Omnibus Law: Provisions on Special Economic Zones

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Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.

Singapore to Increase Port Dues Rates from 2022

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The Maritime and Port Authority of Singapore (MPA) will implement a two-phase increase in port dues rates from January 2022.

Thailand Approves Latest Stimulus Package to Sustain Consumer Confidence

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Thailand’s cabinet has approved its latest stimulus package, valued at US$4.5 billion, aimed at supporting the economy amid a resurgence in COVID-19 cases.

Russian Outbound Investment into ASEAN & Southeast Asia

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In this article, we explore the new trends and rivers of Russian overseas direct investments (ODI) into Southeast Asia and ASEAN. 

A Step by Step Guide to Import and Export Procedures in Vietnam

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With foreign investors showing significant interest in Vietnam, it is important for them to clearly understand the country’s import and export procedures.

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