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June 27, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
27 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:

 
 
 
Income Tax Exemptions on Export Revenues from Indonesian Natural Resources
 
Indonesia’s Government Regulation 22 of 2024 (GR 22/2024) stipulates the tax incentives available for exporters of Indonesian natural resources who store their revenue in local banks.
 
 
 
Accelerating Connectivity: The Thailand-China Railway Project
 
Thailand is developing an 873km high-speed rail project that will connect Bangkok with the Laos-China railway. Once completed, it will be possible for people and goods to travel from Bangkok to Kunming, the capital of...
 
 
 
Google’s US$5 Billion Bet on Singapore’s Data Center Future
 
Google has completed its fourth data center in Singapore. With this completion, the company has raised its investment in the country’s digital infrastructure to US$5 billion, an increase from US$850 million in 2022.
 
 
 
Supporting Families: Indonesia's New Law on Maternity and Paternity Leave
 
Indonesia's new draft legislation aims to extend maternity leave to six months to combat child stunting and enhance family health.
 
 
 
Australia Commits New Investments to Strengthen Ties with Southeast Asia
 
The Australian government has committed AU$505 million (US$336 million) over five years to strengthen ties with Southeast Asia as part of the government’s 2024-2025 budget.
 
 
 

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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.
 
 
 
Complying with Vietnam’s Personal Data Protection Decree
 
This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree.
 
 
 

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

 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
Compliance in China: Unveiling Key Changes and Impacts of the New Company Law for Foreign-Invested Enterprises (FIEs) from Legal, Financial, and Tax P...
 
Event | Thursday, June 27, 2024 in Shenzhen and Online / Tuesday, July 2, 2024 in Guangzhou | 4:00 PM China / 10:00 AM CEST / 9:00 AM UK
 
 
 
Microsoft Business Central and Localizing ERP for China: Training for Decision Makers
 
Training | July 2-4, 2024 | 5:00 - 7:00 PM China​
 
 
 
Understanding China's New IIT Law and the Six-Year Rule: A Guide for Foreign Taxpayers
 
Webinar | Tuesday, August 6, 2024 | 4:00 PM China / 10:00 AM CEST / 3:00 PM Vietnam
 
 
 
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