ASEAN Briefing News

Cambodia Introduces New Pension Scheme

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In March 2021, Cambodia introduced Sub-Decree 32 which implements a new pension scheme in the country.

Indonesia’s Omnibus Law: New Provisions on Indonesia’s Trade Sector

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Indonesia’s Regulation 29 of 2021 makes changes on issues of trade, particularly in areas such as the distribution of goods, exports, and imports.

Indonesia Passes Major Tax Overhaul Bill

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Indonesia’s parliament has approved the Harmonized Tax Law, which will overhaul the existing tax structure.

Minimum Global Corporate Tax Rate: Implications for Singapore

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With the global minimum corporate tax rate set to take effect, there will the implications for foreign investments in Singapore.

The ASEAN-Russia Trade and Investment Cooperation Work Program

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ASEAN and Russia have revised the ASEAN-Russia Trade and Investment Cooperation Work Program for the 2021-25 period.

The ASEAN-Russia Trade and Investment Cooperation Roadmap

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ASEAN and Russia have adopted an updated ASEAN-Russia Trade and Investment Cooperation Roadmap to stimulate a post-pandemic economic recovery.

Hiring Costs in ASEAN

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When assessing labor costs in ASEAN, foreign investors should be aware that governments are increasing social protection expenditure in areas such as pensions, health coverage, and welfare assistance.

Three Key Factors Impacting Human Resource Development in ASEAN

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Digital transformation, climate change and green investments, and ageing societies present new challenges and opportunities for foreign investors in ASEAN.

The US-ASEAN Expanded Economic Engagement Initiative

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The US-ASEAN Expanded Economic Engagement Initiative is a framework to promote increased trade and investment cooperation between the US and ASEAN.

The US-ASEAN Trade and Investment Facilitation Agreement Explained

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The US and ASEAN have agreed on an updated TIFA arrangement for 2021-22, along with an Expanded Economic Engagement (E3) Work Plan.

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