Other Briefings
Potential Pact for EV Minerals Between U.S. and Indonesia
Indonesia and the U.S. are exploring a potential partnership for minerals and metals, particularly those used in the production of electric vehicle batteries, such as nickel.
The Rise of Chinese Capital: Impact on ASEAN’s Manufacturing Landscape
Amid evolving dynamics in Asia’s supply chains, extensive discussions have unfolded regarding the notable shift of manufacturing operations to Southeast Asian countries.
Indonesia and Singapore Implement QR Linkage Payment
Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.
Elevating Air Connectivity: Vietnam’s Airport Investment Drive
Vietnam is investing heavily to renovate and build new airports as it seeks to compete to become a regional hub for international travelers with its neighbors in Southeast Asia.
Singapore Unveils Latest Relief Package to Ease Cost of Living
Singapore’s government unveiled its latest support package to provide more relief for households as well as businesses.
Thailand Scaled-Down Subsidy Program Continues Backing for Locally Produced EVs
Thailand has extended its subsidy scheme promoting the purchase of domestically manufactured electric vehicles, albeit at revised rates. Chinese automakers BYD and Changan Automobile are the latest to plan local production, targeting this growing market.
Singapore Proposes New Bill to Regulate Significant Investments in Critical Entities for National Security
Singapore’s proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.
Thailand to Set 2024 Minimum Wage Rate by Year-End
Thailand is set to announce a minimum wage increase for 2024, expected to surpass the inflation rate. It is likely to fall short of the initially proposed 400 baht (US$11.12) per day to mitigate potential negative impacts on small and medium-sized enterprises.
Unlocking Growth: The Role of Asian Trade Agreements for American Businesses
By leveraging Asia’s network of free trade agreements, US businesses can benefit from better access to the large Asian markets.
Thailand’s Tourism Boost: Visa Waiver for Chinese Visitors
Thailand has introduced a visa waiver program for Chinese tourists as the government looks to boost the economy through this vital sector.
