ASEAN Briefing News

New Thai Law Targets Cross-Border Data Flows

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Thailand’s PDPC issued two regulations on cross-border data transfers which broaden options for companies conducting lawful cross-border transfers.

Amendments to Singapore’s Payment Services Act: Strengthening Oversight and Protecting Consumers

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Amendments to the Payment Services Act 2019 (PS Act) passed in 2021, which will take effect six months in phases starting from April 4, 2024.

An Introduction to Doing Business in Indonesia 2024 – New Publication from Dezan Shira & Associates

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“An Introduction to Doing Business in Indonesia 2024” is now available for free download. This guide covers market entry, tax, HR & payroll, and audit & compliance considerations for investors and established businesses in the country.

Prabowo Subianto Becomes Indonesian President

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On April 22, 2024, Indonesia’s General Election Commission officially declared Prabowo Subianto and Gibran Rakabuming Raka as the next president and vice president respectively.

Singapore Designates Lawrence Wong as Prime Minister, Effective May 15

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Singapore’s Deputy Prime Minister Lawrence Wong will take over as Prime Minister in May from Lee Hsien Loong, who will step down after 20 years in office.

Lawrence Wong’s Visit Boosts Singapore-Germany Relations

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Singapore’s Deputy Prime Minister and Minister for Finance Lawrence Wong recently concluded a visit to Germany. The visit focused on enhancing bilateral cooperation and addressing global challenges.

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

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The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.

Philippines Signs Second Protocol of ASEAN-Australia-NZ FTA

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The Philippines ratified the Second Protocol of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

Exploring Indonesia’s Personal Data Processing Practices: A Comprehensive Overview

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Under Indonesia’s PDP Law, personal data processing activities must be conducted in a specific, legally valid, and transparent manner.

Digital Platforms Obligated to Pay for Media Content in Indonesia

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Indonesia’s President has signed a regulation that will require companies such as Meta and Google to pay news publishers to feature media content on their platforms.

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