Other Briefings
US and Singapore to Deepen Collaboration on AI and Emerging Technologies
The US and Singapore have committed to deepen their technology partnership by collaboration on key areas of critical and emerging technology.
Thailand’s Eastern Economic Corridor Sets New Investment Targets
Thailand’s Eastern Economic Corridor has set a new investment target of 500 billion baht (US$13.7 billion) over the next five years.
Philippines Sovereign Wealth Fund: Marcos Says Not Suspended but Being Optimized
The Maharlika Investment Fund is the Philippines’ first sovereign wealth fund and remains a top priority for President Marcos Jr. Amid reports that the fund was being halted, Marcos clarified that necessary improvements were being made.
Myanmar Implements Long-Awaited Minimum Wage Hike
Myanmar has increased the daily minimum wage rate after a five-year hiatus to 5,800 kyat (US$2.76) for an 8-hour day, from 4,800 kyat (US$2.28).
ASEAN, Canada Edge Closer to Concluding Free Trade Agreement
ASEAN and Canada have edged closer to concluding a free trade agreement with Canada officially achieving the strategic partnership status during the ASEAN Summit.
Why Establish a Family Office in Singapore
Singapore has become the preferred destination for family offices. The city-state recorded over 1,500 family offices by the end of 2022.
Singapore Family Office Setup: Structural Model and Entity Formation
Before establishing a family office, families must identify which corporate structure aligns most effectively with their business requirements.
Strengthening Family Office Participation in Singapore’s Financial Ecosystem
Singapore’s Wealth Management Institute introduced two new initiatives to deepen the integration of family offices into the national economy.
Indonesia Launches Southeast Asia’s First High Speed Railway
Indonesia has launched Southeast Asia’s first high-speed railway that connects the capital Jakarta to the city of Bandung, 142km east.
Cambodia Increases Minimum Wage for Garment, Footwear, Travel Product Sectors for 2024
Cambodia’s vital GFT industries, encompassing garments, footwear, and textiles, are set for a minimum wage increase in 2024. We’ve observed adjustments in minimum wages for various worker categories, including regular, probationary, and piece-rate employees.
