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Economy & Trade

Opportunities for Foreign Investors in Thailand – Latest Issue of ASEAN Briefing Magazine

09/30/2022

The latest issue of ASEAN Briefing Magazine, titled “Opportunities for Foreign Investors in Thailand”, is out now and available as a complimentary download.

Choosing the Ideal Investment Location in Indonesia's Special Economic Zones

09/26/2022

For foreign investors, entering Indonesia’s special economic zones and taking full advantage of what they offer requires a long-term outlook.

Untapped Economic Potential of the Muslim-Autonomous Region in the Philippines

09/20/2022

The BARMM has untapped economic potential, especially through increasing maritime trade with neighbors Indonesia and Malaysia.

Thailand's Islamic Economy: Sourcing and Consumer Market Opportunities

09/16/2022

Thailand's Halal economy presents ample opportunities for investors in Halal food manufacturing as well as tourism.

Opportunities for Saudi Businesses in Indonesia

09/13/2022

Indonesia and Saudi Arabia have had historical trade and diplomatic relations for centuries and are now focused on increasing bilateral trade in the modern era.

ASEAN Ministers Attend U.S.-led Indo-Pacific Economic Framework Negotiations

09/12/2022

Economic ministers from several ASEAN countries attended the first official meeting of the U.S.-led Indo-Pacific Economic Framework in Los Angeles.

Tax & Accounting

Higher Levies for Outbound Travelers from Singapore's Changi International Airport

09/28/2022

Outbound travelers from Singapore’s Changi International Airport will face higher airport charges starting from November 1, 2022.

Investment Incentives for Foreign Businesses in Thailand

08/24/2022

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

08/18/2022

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

Tax Incentives for Special Economic Zones in Indonesia

08/12/2022

Indonesia has pledged to make the SEZs a policy priority to attract foreign investment – further facilitated through its tax incentive programs.

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

08/02/2022

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

Taking Advantage of Singapore's Double Tax Agreement and Free Trade Networks

07/15/2022

Singapore has one of the world’s most extensive DTA and FTA networks and why the country attracts businesses from many nuanced industries.

Legal & Regulatory

How to Change a Company Name in Vietnam

09/06/2022

Changing a company name in Vietnam be challenging and time-consuming. However, understanding the regulations on business name changes can help alleviate some of these challenges.

Exploring Singapore’s New Sugar Regulations and What it Means for Foreign Investors

08/29/2022

Singapore has elected to widen its regulations aimed at curbing the nation’s sugar intake.

Indonesia Allows Stock Market Multiple Voting Rights to Lure Tech Listings

08/26/2022

Indonesia’s OJK Regulation No. 22/2021 allows tech companies to have multiple voting rights when they conduct an IPO in the country's stock exchange.

How to Obtain Halal Certification in Indonesia

08/22/2022

Indonesia's GR 39/2021 mandates businesses in most industries to be Halal compliant and Halal certified.

Vietnam’s Intellectual Property Law: New Amendments

08/19/2022

Vietnam has made amendments to its Intellectual Property Law, considered the most significant since its creation.

Establishing a Representative Office in Thailand

08/11/2022

A representative office is the ideal business entity for foreign investors seeking to explore the Thai market.

Industries

How American Fast-Food Chains Have Succeeded in Indonesia

09/21/2022

American fast-food giants have grown into the Indonesian market by using culturally appropriate programs and tailoring their foods to engage and suit the tastes of the local population.

Singapore’s Property Market Booming from Increase in Chinese Buyers

09/09/2022

The growing high-wealth Chinese population living in Singapore will likely create more business and investment links between the two countries.

Indonesia Ratifies RCEP Trade Agreement

08/31/2022

Indonesia's parliament has approved the country's membership in the Regional Comprehensive Economic Partnership (RCEP) trade pact.

An Overview of Indonesia’s Geothermal Energy Sector

07/28/2022

Indonesia is home to some 40 percent of the world’s geothermal resources, and the sector will be key to the country’s energy sustainability goals.

Opportunities for Australian F&B Brands in Singapore

07/25/2022

Singapore is highly dependent on food and beverage imports and the country presents a highly lucrative market for Australian food brands.

Singapore's Healthcare Industry: Gateway to ASEAN’s Healthcare Market

07/18/2022

ASEAN Briefing discusses investment opportunities in Singapore’s healthcare sector, which is considered one of the best in the world.

HR & Payroll

Cambodia Increases Minimum Wage for Textile and Garment Sectors for 2023

10/03/2022

Cambodia has increased the monthly minimum wage to US$200 from the current US$194.

Updates to Employment Permits for Professional Foreign Workers in Singapore

09/29/2022

Singapore's Ministry of Manpower provides a range of employment permits for professional expatriates planning to work in the country.

Singapore Issues Latest Vaccination Requirements for Work Passes

09/28/2022

Singapore’s Ministry of Manpower has mandated that all work pass holders must be fully vaccinated when applying for a new work pass.

Malaysia Issues Digital Nomad Visa: What are the Requirements?

09/23/2022

Malaysia has issued a special work permit specifically for digital nomads called De Rantau. The program aims to attract foreign and local digital professionals.

Amendments to Malaysia's Employment Act to Come into Force January 1, 2023

09/14/2022

The proposed amendments to Malaysia's Employment Act hopes to bring the act to international standards as required by the ILO and others.

Singapore Introduces New Work Visa Rules Aimed at Attracting Foreign Talent

09/08/2022

Among the new changes is the introduction of the Overseas Network & Expertise Pass, which allows high-earners and achievers to live in Singapore without the need to secure employment first.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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