ASEAN Briefing News

Tax Incentives Under Malaysia’s Budget 2023

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Malaysia’s 2023 Budget offers enhanced tax incentives for key industries such as aerospace, shipbuilding, electric vehicles, and electronics.

Singapore Budget 2023: Support for Individuals & Households

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Singapore’s Budget for 2023 aims to tackle some of the short and long-term challenges facing Singaporean individuals and households.

How to Obtain Tax Incentives for Investments in Indonesia’s Marine and Fisheries Sectors

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Indonesia offers a variety of income tax incentives for investors that invest in its marine and fisheries industries. Here are the criteria.

Philippines Opens Renewable Energy to Full Foreign Ownership

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The Philippines has fully opened its renewable energy sector to foreign ownership.

Thailand: New Incentives for Investor Retention, Relocation, High-Tech, and Green Industries

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Thailand has introduced new incentives aimed at supporting high-tech industries, tax exemptions for companies relocating to the country, and rewarding existing investors.

Thailand Adopts New Five-Year Investment Promotion Strategy

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Thailand’s Board of Investment has approved the country’s next Five-Year Investment Promotion Strategy.

Investment Incentives for Foreign Businesses in Thailand

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Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments in the country. In this article, we discuss the various tax and non-tax incentives on offer for foreign investors in Thailand.

The Philippines’ 2022 Strategic Investment Priority Plan

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The Philippines has extended and expanded the tax incentives for a variety of industries under the 2022 Strategic Investment Priority Plan.

Malaysia Extends Income Tax Incentive Applications for the East Coast Economic Region

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Malaysia has extended the timeline for applicants seeking income tax incentives for qualifying activities in the East Coast Economic Region.

Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers

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As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.

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