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June 20, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
20 June 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

ASEAN EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Australia Commits New Investments to Strengthen Ties with Southeast Asia
 
The Australian government has committed an AU$505 million (US$336 million) over five years to strengthen ties with Southeast Asia as part of the government’s 2024-2025 budget.
 
 
 
Malaysia Plans New Port on Malacca Strait
 
Malaysia plans to build a new container port in the state of Negeri Sembilan on the western coast of the Malay Peninsula and facing the Malacca Strait, which is the second busiest shipping lane in the world.
 
 
 
Indonesia’s VAT Rate to Increase in 2025
 
The Indonesian government is set to raise the VAT from 11 percent to 12 percent in 2025, in line with the 2022 Tax Regulation Harmonization Law.
 
 
 
A Guide to Indonesia’s Housing Savings Program
 
Indonesia’s government is set to mandate a public housing savings program (Tapera) for private-sector and self-employed workers, requiring a 3 percent salary contribution.
 
 
 
Singapore-China Bilateral Relations: Trade and Investment Outlook
 
The evolving trade and investment landscape between Singapore and China showcases enduring cooperation while highlighting emerging challenges.
 
 
 

We hope you're enjoying this ASEAN Edition.

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Guide to HR Compliance and Best Practices in China
 
 
Guide to HR Compliance and Best Practices in China
 
The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.
 
 
 
 
From Recruitment to Retention: India HR Insights for 2024
 
This issue offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.
 
 
 
An Introduction to Doing Business in Hong Kong 2024
 
This comprehensive guide is ideal for investors entering the Hong Kong market and for existing businesses to stay informed.
 
 
 

Do you have any feedbackOur teams would love to hear from you!

 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
[SP] La Nueva Ley de Sociedades de China: ¿Qué Necesitas Saber a Partir del 1 de Julio 2024?
 
Webinario | Lunes, 24 de Junio de 2024 | 10:00 – 11:00 AM Madrid / 5:00 – 6:00 PM China
 
 
 
India HR & Payroll 2024: Essential Insights for Global Businesses Expanding into India
 
Webinar | Tuesday, June 25, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
Indonesia's Top 5 Investment Sectors: Key Considerations and Challenges
 
Webinar | Tuesday, June 25, 2024 | 2 PM Jakarta / 3 PM China / 9 AM CET
 
 
 
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