Economy & Trade

New Economic Zones in the Philippines to Attract Foreign Investment

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The Philippine government has approved 12 new economic zones, which will comprise of IT centers, IT parks, and manufacturing zones.

Business Recovery in ASEAN After COVID-19 – Latest Issue of ASEAN Briefing Magazine

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In this issue of the ASEAN Briefing magazine, we examine new investment opportunities in ASEAN after COVID-19.

Singapore’s 2020 General Elections: Has the Status Quo Changed?

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On July 10, 2020, Singapore held its general election amid the COVID-19 pandemic, and opposition parties gained historic grounds for the first time.

MERCOSUR and Singapore – Free Trade Agreement Delayed due to COVID-19

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The proposed FTA between MERCOSUR and Singapore will favor bilateral trade and investments and expand MERCOSUR presence in ASEAN.

Indonesia Issues Regulation on Working Capital Incentives for MSMEs

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Indonesia issued Reg 71/2020, which appointed state-owned insurance providers to provide guarantees for banks providing working capital loans for MSMEs.

Singapore Begins Phase 2 of Reopening: Safe Transition

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Singapore began Phase 2 of reopening its economy from June 19, allowing more businesses to resume activities.

Special Economic Zones in ASEAN: Opportunities for US Investors

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The ASEAN region presents new opportunities for US investors, in particular those who are looking to diversify their supply chains.

Myanmar SMEs Receive Financial Support from Japan

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The Japan International Cooperation Agency (JICA) recently approved US$46.5 million in low-interest loans to businesses in Myanmar.

Singapore’s Fintech Solidarity Grant: Eligibility and Incentives

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On May 13, 2020, Singapore introduced the MAS-SFA-AMTD FinTech Solidarity Grant to support Singapore-based fintech firms.

Singapore Launches Fortitude Budget: Salient Features

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Singapore launched its latest stimulus package valued at US$23 billion to dampen the economic impact of the virus.

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