ASEAN Briefing News

The Philippines Issues VAT Exemption for Exporters of Local Purchases

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The Philippines has issued a value-added tax (VAT) exemption for registered exporters on their local purchases of goods and services

One Year in, What to Make of Joe Biden’s Asia Trade Policy?

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The longer the US stands on the sidelines concerning trade with Asia, the more American businesses face competitive disadvantages on their exports.

Malaysia Imposes Licensing Requirements for Cloud Service Providers

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Effective from January 1, 2022, Malaysia has imposed a licensing requirement on the provision of cloud services, although it will only be enforced from April 1, 2022.

Indonesia’s Omnibus Law: New Protection and Empowerment Measures for Small Businesses

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Indonesia’s GR 7/2021 looks to provide greater protection and empowerment to Indonesia’s cooperatives, micro, small, and medium-sized enterprises.

What Support is Available for Singapore Companies to Expand Overseas?

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The Market Readiness Assistance grant and Double Tax Deduction Scheme for Internationalization assist Singaporean businesses expand abroad.

Malaysia Issues Tax Exemption for Foreign Sourced Income

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The Malaysian government has decided to provide a tax exemption on foreign-sourced income for individual taxpayers, backtracking from their earlier proposal made in the 2022 budget.

Philippines Introduces New Economic Zone Authority Visa for Foreigners

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In November 2021, the Philippines Economic Zone Authority introduced a new work visa for foreigners who are sponsored to work in the Philippines by companies registered with PEZA.

Qualifying as a Reputable Exporter and Importer in Indonesia

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Indonesia’s Ministry of Trade issued MoT Reg 17/2021, which sets out the criteria and advantages for qualifying as a reputable exporter and importer.

Indonesia’s Omnibus Law: New Provisions for the Shipping Sector

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Indonesia issued Government Regulation 31 of 2021 which amends several aspects of the country’s shipping law.

Scotland Eager to Support Offshore Wind Power Projects in Vietnam

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Vietnam’s offshore wind power industry has significant room for growth as a scalable alternative to coal imports.

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