Other Briefings
Indonesia’s Digital Economy Attracts Investments from US Tech Giants
US tech giants Tesla, Google, and Amazon have shown interest in investing in Indonesia, in particular, in its digital economy and electric vehicle industry.
Singapore to Begin Phase 3 of Reopening: Key Features
Singapore will begin Phase 3 of reopening its economy starting December 28, enabling businesses to accommodate more customers.
Singapore Approves the Sale of Lab-Based Meat: Market Potential
In a world’s first, the Singapore Food Agency (SFA) has approved the sale of lab-grown meat in the country.
The End of Britain’s EU Transition Period is Set to Boost Economic Ties with Asia
In 2019, Asia accounted for 20 percent of both the UK’s exports and imports. These levels were on par with the Americas, albeit growing much quicker.
Singapore Issues Measures to Enhance Job Retention in Financial Sector
The Monetary Authority of Singapore (MAS) and the Institute of Banking Finance (IBF) have issued measures to enhance job retention in the country’s financial sector.
Singapore Launches Program to Support Green and Sustainability Linked Loans
The Monetary Authority of Singapore recently launched the world’s first grant scheme to support green and sustainability-linked loans (GSLS).
Japan’s JICA Provides Loans to Support SMEs and Infrastructure in Myanmar
The Japan International Cooperation Agency signed a loan agreement with the government of Myanmar to provide 42.7 billion yen to support SMEs and infrastructure.
US Extends GSP Status for Indonesia
The US extended Indonesia’s Generalized System of Preference (GSP) status in early November 2020, meaning thousands of Indonesian exports to the US are duty free.
Myanmar Opens Stock Market to Foreign Investors
The Securities and Exchange Commission of Myanmar (SECM) has allowed resident and non-resident foreigners to participate in securities trading on the Yangon Stock Exchange (YSX).
More Countries Join ASEAN’s Treaty of Amity and Cooperation
In early November, South Africa, Thailand, and Cuba became signatories to ASEAN’s Treaty of Amity and Cooperation (TAC).
