Other Briefings
Singapore Launches Latest US$800 Million Economic Support Package
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.
Vietnam Issues Latest Incentives for Businesses and Employees
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
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
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
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
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.
Opportunities for Indian Manufacturers in ASEAN
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.
Malaysia and Thailand Launch QR Payment Linkage
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
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 Special Economic Zones
Indonesia’s GR 40/2021 highlights the various tax incentives to attract foreign investors into operating in an SEZ.
