ASEAN Briefing News

What are the Rules for Implementing Value-Added Tax on Foreign E-commerce Activities in Cambodia?

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Cambodia’s Prakas 542 provides the rules for implementing a value-added tax on non-resident foreign e-commerce suppliers.

Indonesia Regulates the Prohibition of Certain Goods for Import and Export Under the Omnibus Law

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MoT Reg 18 provides an updated list of the types of goods that are prohibited from being imported to and exported from Indonesia.

Indonesia and Singapore Sign Important Defense, Airspace Management, and Extradition Treaties

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Indonesia and Singapore signed three landmark treaties covering defense, airspace boundaries management, and extradition.

Singapore Makes Amendments to Company Laws to Improve Compliance

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Singapore’s Parliament approved amendments to two company laws. Businesses must now keep registers of their nominee shareholders and their nominators.

Indonesia Passes Bill to Build New Capital City: Deadline 2024

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Indonesia’s new capital needs major investment for its development, which presents ample opportunities for foreign businesses.

One Year in, What to Make of Joe Biden’s Asia Trade Policy?

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The longer the US stands on the sidelines concerning trade with Asia, the more American businesses face competitive disadvantages on their exports.

Malaysia Imposes Licensing Requirements for Cloud Service Providers

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Effective from January 1, 2022, Malaysia has imposed a licensing requirement on the provision of cloud services, although it will only be enforced from April 1, 2022.

Indonesia’s Omnibus Law: New Protection and Empowerment Measures for Small Businesses

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Indonesia’s GR 7/2021 looks to provide greater protection and empowerment to Indonesia’s cooperatives, micro, small, and medium-sized enterprises.

What Support is Available for Singapore Companies to Expand Overseas?

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The Market Readiness Assistance grant and Double Tax Deduction Scheme for Internationalization assist Singaporean businesses expand abroad.

Indonesia’s Omnibus Law: New Provisions for the Shipping Sector

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Indonesia issued Government Regulation 31 of 2021 which amends several aspects of the country’s shipping law.

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