ASEAN Briefing News

The Laos-Vietnam Railway, Boosting Laos’ Ambitions to Become a Logistics Hub

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The Laos-Vietnam railway is a proposed railway project aimed to further boost Laos’ ambitions to become a regional logistics hub.

Cambodia’s Law on Investment: What Foreign Investors Need to Know

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Cambodia’s new investment law aims to increase the country’s competitiveness for foreign investors by modernizing local industries and protecting the rights of investors.

Vietnam to Build First Hydrogen Plant, Coal to Still be Dominant Power Source

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Vietnam will build its first hydrogen plant, slated to be finished in 2023. However, the country will continue to rely on fossil fuels, especially coal.

New Requirements for MSME Franchise Holders in the Philippines

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The Philippines issued executive order 169 to promote a more equitable and business-friendly environment for MSME franchisees.

Singapore Signs Digital Trade Deal With the UK

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The UK-Singapore Digital Economy Agreement aims to advance end-to-end digital trade and encourage digital economy participation by businesses.

Cambodian Companies Now Required to Use National Domain Name

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Registered companies in Cambodia are now required to use a local domain name such as .com.kh for their websites and email addresses.

Electric Vehicles in Malaysia: Tax Incentives for Owners and Manufacturers

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As of January 2022, electric vehicle producers in Malaysia can enjoy a variety of tax incentives, such as tax exemptions for imports, excise, and sales.

Malaysia Enhances Incentives for Businesses Looking to Establish a Principal Hub

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Malaysia has enhanced incentives for businesses looking to establish a principal/regional hub in the country.

Malaysia Increases Minimum Wage from May 1, 2022: What are the Implications for Businesses?

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Malaysia will increase the national monthly minimum wage from May 1, 2022, by 25 percent from 1,200 ringgit (US$276) to 1,500 ringgit (US$345).

Singapore Introduces New Incentives to Encourage Greener Ships

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Singapore’s Maritime Port Authority has issued new incentives for Singapore-flagged ships that undertake decarbonization efforts.

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