ASEAN Briefing News

Thailand Opens First Digital Free Trade Hub

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The Smart Digital Hub will host bonded warehouses storing Chinese products to be sold in Thailand and Thai products to be shipped to Chinese consumers to be sold on Alibaba platforms.

A Guide to Taxation in Singapore

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Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.

Singapore Implements New Scheme to Help Businesses Hire Foreign Workers

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Singapore’s M-SEP scheme enables companies to hire foreign S Pass and Work Permit holders above the permitted prevailing quotas.

Industries to Watch Out for Growth in Southeast Asia in 2023

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Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.

UK-Malaysia 2023 Trade and Investment Trends Showcase a Lack of Interest into ASEAN

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While the UK was reducing its overall capital exposure to Malaysia, Malaysia has grown its investments in the UK substantially.

A Guide to Taxation in Thailand

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Taxes in Thailand are governed by the Revenue Code, which follows the concept of a self-assessment system.

An Introduction to Special Economic Zones in Indonesia

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Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.

Philippines Opens Renewable Energy to Full Foreign Ownership

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The Philippines has fully opened its renewable energy sector to foreign ownership.

A Guide to Taxation in Malaysia

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Malaysia implements a territorial tax system with residents and non-residents taxed on their Malaysian source income.

Singapore and South Korea Sign Digital Trade Agreement

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Singapore signed a digital trade agreement with South Korea in November 2022 under the Korea-Singapore Digital Partnership Agreement (KSDPA).

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