×
More Information

Economy & Trade

Malaysia’s Budget 2024: Impact for Business

11/28/2023

Malaysia’s government tabled its 2024 budget in mid-October in what was slated as the largest in the nation’s history.

Strategic International Investments: Unveiling Indonesia's Growing Appeal for Global Investors

11/17/2023

The December 7, 2023 Freedom Business Summit in the UAE will put the focus on increasing attention from global investors seeking offshore investment opportunities and second citizenship options in Indonesia.

Singapore Unveils Latest Relief Package to Ease Cost of Living

11/16/2023

Singapore's government unveiled its latest support package to provide more relief for households as well as businesses.

Singapore and Malaysia Plan Joint Special Economic Zone in Johor State

11/08/2023

Singapore and Malaysia are partnering to create a special economic zone in Malaysia's Johor state, adjacent to the Singaporean border.

Indonesia Stock Exchange (IDX) Launches Carbon Trading Operations

11/03/2023

The Indonesia Stock Exchange (IDX) has launched, following approval from the Financial Services Authority, and aligned with the country's emissions reduction goals and enable transition to renewables.

Unlocking Growth: The Role of Asian Trade Agreements for American Businesses

10/25/2023

By leveraging Asia's network of free trade agreements, US businesses can benefit from better access to the large Asian markets.

Tax & Accounting

Indonesia and Australia Sign MoU to Boost EV Collaboration

11/27/2023

Indonesia and Australia will collaborate in the EV industry through an MoU that focuses on battery manufacturing and minerals processing.

Malaysia's New Transfer Pricing & APA Rules

11/24/2023

Malaysia has announced two new rules governing transfer pricing norms in the country. Multinational entities should take note.

Taxation of Foreign Sourced Income in Singapore Effective January 2024

10/31/2023

Singapore will begin taxing foreign-sourced disposable gains from January 1, 2024, with Parliament approving the amendments to the country’s Income Tax Act.

Audit and Compliance in Brunei: A Guide for Foreign Investors

10/06/2023

Private and public companies in Brunei are obligated to audit their accounts as well as hold annual general meetings once a year.

Tax Incentive Requirements for Family Offices in Singapore

09/19/2023

We demonstrate the key requirements to qualifying for income tax exemption for family offices in Singapore.

Indonesia Introduces De-Dollarization Task Force

09/07/2023

Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback.

Legal & Regulatory

Singapore to Amend Free Trade Zones Act, Strengthening Powers to Tackle Illegal Trade

11/09/2023

Singapore's Parliament has proposed a bill to amend the 1966 Free Trade Zones (FTZ) Act and make related changes to the 1960 Customs Act.

Singapore Proposes New Bill to Regulate Significant Investments in Critical Entities for National Security

11/08/2023

Singapore's proposed Significant Investments Review Bill will increase oversight of ownership changes in critical entities.

A Guide to Tax Obligations for Non-Resident Property Owners in Vietnam

10/27/2023

Foreigners who owns a rental property in Vietnam must understand their tax reporting and remittance obligations.

Singapore Family Office Setup: Structural Model and Entity Formation

10/11/2023

Before establishing a family office, families must identify which corporate structure aligns most effectively with their business requirements.

Philippines Central Bank to Introduce Incentives for Green Financing

09/15/2023

The central bank of the Philippines is proposing the introduction of new incentives to encourage sustainable and green project financing in the country.

How to Set Up a Representative Office in Indonesia

08/16/2023

Opening a representative office is the fastest and simplest way of establishing a legal entity in Indonesia.

Industries

Indonesia and Australia Sign MoU to Boost EV Collaboration

11/27/2023

Indonesia and Australia will collaborate in the EV industry through an MoU that focuses on battery manufacturing and minerals processing.

Potential Pact for EV Minerals Between U.S. and Indonesia

11/23/2023

Indonesia and the U.S. are exploring a potential partnership for minerals and metals, particularly those used in the production of electric vehicle batteries, such as nickel.

Indonesia and Singapore Implement QR Linkage Payment

11/20/2023

Indonesia and Singapore officially launched their cross-border QR payment linkage, enabling consumers and businesses to conduct cross-border transactions instantly.

Elevating Air Connectivity: Vietnam's Airport Investment Drive

11/17/2023

Vietnam is investing heavily to renovate and build new airports as it seeks to compete to become a regional hub for international travelers with its neighbors in Southeast Asia.

Catalyzing Connections: Australia's Path to Amplify Digital Trade in Southeast Asia

11/16/2023

Australia launched its latest Digital Economy Strategy with a focus on leveraging digital technologies and enhancing digital trade, particularly with Southeast Asia.

Indonesia's Social Media E-Commerce Ban: Navigating Regulatory Changes

11/14/2023

Indonesia's ban on social media e-commerce transactions will significantly affect key players such as TikTok and their business development.

HR & Payroll

Thailand to Set 2024 Minimum Wage Rate by Year-End

11/03/2023

Thailand is set to announce a minimum wage increase for 2024, expected to surpass the inflation rate. It is likely to fall short of the initially proposed 400 baht (US$11.12) per day to mitigate potential negative impacts on small and medium-sized enterprises.

Service Contracts in Vietnam: What You Need to Know

10/26/2023

Service contracts in Vietnam are a flexible alternative for firms to find human resources support and staff time-bound or specialized projects.

Cambodia Increases Minimum Wage for Garment, Footwear, Travel Product Sectors for 2024

10/04/2023

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.

Cambodia Opens Foreign Employee Quota Application for 2024

09/08/2023

Cambodia has opened the application window for businesses to apply for the foreign employee quota. Under the quota system, only 10 percent of a local company’s workforce can be a foreign employee.

Indonesia Introduces Golden Visa to Attract Foreign Investors

09/04/2023

Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.

Singapore's New COMPASS System Set to Roll Out in September

08/15/2023

Singapore will introduce a new points system for Employment Pass applicants in September, in addition to higher qualifying salary thresholds.

Jump to ASEAN:
Country Guide Portal
Publications
Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
CONTACT OUR PROFESSIONALS HERE

Publications Downloads

Download Now

Online Country Guides

Explore Country

The BRICS is Expanding, Should The United States Be Concerned?

November 16th, 2022 Read Article
Never miss an update
Back to top