ASEAN Briefing News

UK and Indonesia Promote New Economic Ties

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The UK and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening their trade and investment links.

An Introduction to Doing Business in Singapore 2021 – New Publication from Dezan Shira & Associates

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Doing Business in Singapore 2021 is designed to comprehensively guide new and established investors in Singapore.

Cambodia Issues Decree on Tax for E-Commerce Transactions: How Can Businesses Comply?

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Non-resident entities that do not have permanent establishments in Cambodia must register for VAT with the Cambodian tax authority.

Bac Giang: An Emerging Investment Destination

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Bac Giang is one of the major industrial hubs in northeastern Vietnam, supported by a favorable location and well-developed infrastructure.

Termination of employment in Singapore

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Termination of employment in Singapore can be implemented by either the employee or the employer.

The Philippines CREATE Act Comes into Effect, Pushing for Accelerated Economic Recovery

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The CREATE Act is a time-bound and tailor-made set of corporate and tax reforms to counter the effects of COVID-19 on the Philippines’ economy.

Changes to Social Security Rates in Indonesia for 2021

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Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.

Singapore Faces Succession Setback, but Should be Business as Usual

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On April 8, 2021, Deputy Prime Minister Heng Swee Keat announced that he will step aside as the successor to Prime Minister Lee Hsien Loong.

Indonesia’s Omnibus Law: Significant Changes for Contract Workers

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Indonesia’s GR 35/2021 stipulates significant changes to fixed-term employment contracts, outsourcing, hours of work, and the termination of employment procedure.

Vietnam Unveils New Criteria for Hi-tech Enterprises: Decision 10

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The government issued Decision No. 10/2021/QD-TTg which details criteria for identifying hi-tech businesses.

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