Bersama Malaysia: Microsoft Commits US$1 Billion Investment to Establish Data Center in Malaysia
Microsoft is establishing its first data center in Malaysia, which is expected to create 19,000 jobs and generate US$4.6 billion in revenue for the country.
Personal Income Tax in Vietnam: Exemptions and Reductions
Vietnam’s Law on Personal Income Tax recognizes different categories of income, with a host of deductions, and tax rates, applying to each of them.
Vietnam and Canada Trade: Leveraging the CPTPP
Vietnam-Canada trade relations reached almost US$9 billion in 2020, an all-time high, thanks in part to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Singapore and Thailand Launch Integrated Real Time Payment Systems
Singapore and Thailand launched the world’s first linkage of real-time payment systems, which will facilitate faster and cheaper cross-border transfers.
Minimum Wages in ASEAN for 2021
Due to the pandemic, many ASEAN members did not raise their minimum wages or did not raise them significantly.
Vietnam to Start Regulating Cryptocurrencies
While cryptocurrency trading and use are booming globally in terms of popularity, the Vietnamese legislation makes no reference to such transactions.
Indonesia Establishes New Investment Ministry
Indonesia’s government has established a new Investment Ministry, as the president initiates another cabinet reshuffle.
Indonesia’s Omnibus Law: Risk Based Business Licensing
Indonesia’s Regulation 5 of 2021 introduces a risk-based approach to the issuance of business licenses.
How to Terminate an Employee in the Philippines: A Step by Step Guide
Employers must understand and comply with the Philippines’ termination procedures, especially concerning complex open-ended contract provisions.
UK and Indonesia Promote New Economic Ties
The UK and Indonesia have concluded the first round of exploratory trade talks and committed to further strengthening their trade and investment links.