ASEAN Briefing News

Cambodian Companies Now Required to Use National Domain Name

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Registered companies in Cambodia are now required to use a local domain name such as .com.kh for their websites and email addresses.

Opportunities in Indonesia’s Internet of Things Sector

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Indonesia’s Internet of Things market is expected to reach US$30 billion by 2022. Its impact can enhance industrial productivity and reduce operational costs.

Thailand Issues First Personal Data Protection Act

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Thailand’s first-ever law on personal data protection will come into force on June 1, 2022, after being postponed since 2019.

The Australia-Asian PowerLink: Encouraging Investments in ASEAN Renewable Energy

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The Australia-Asia PowerLink should be a wake-up call for ASEAN members to spur renewable energy investments.

Indonesia’s GoTo Goes Public, Market Capitalization of US$32bn

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Indonesia’s GoTo was officially listed on the Indonesian Stock Exchange and saw its market capitalization valued at US$32 billion.

Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets

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The taxing of non-resident e-commerce and digital players in Laos is part of a continuing trend in ASEAN.

Singapore to Reap Long-Term Benefits Under RCEP

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Singapore hopes to reap long-term benefits under the RCEP by integrating further into global supply chains and strengthening its position as a business hub in the Asia-Pacific.

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.

Digital Banking in Malaysia: New Opportunities for Fintech

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Malaysia’s central bank is set to issue its first digital banking licenses in early 2022, a move that could position the country as one of Southeast Asia’s leaders in fintech.

Tokopedia and Gojek Merger Creates Indonesia’s Largest Digital Services Company

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Indonesia’s biggest internet companies Gojek and Tokopedia announced a US$18 billion merger in what is the country’s largest-ever business deal.

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