Singapore Introduces New Incentives to Encourage Greener Ships
Singapore’s Maritime Port Authority has issued new incentives for Singapore-flagged ships that undertake decarbonization efforts.
Opportunities in Indonesia’s Internet of Things Sector
Indonesia’s Internet of Things market is expected to reach US$30 billion by 2022. Its impact can enhance industrial productivity and reduce operational costs.
Vietnam Electricity Reforms Spark Opportunities for Foreign Investment
Vietnam’s amended Law on Electricity allows foreign investment in the country’s electrical grid to improve energy quality and capacity.
Cambodia’s Border Reopening: Opportunities for Tourism Sector
Cambodia’s border reopening is a boost to its tourism industry, which is an important contributor to the economy, behind the textile and garment manufacturing sector.
The Philippines’ Border Reopening: Implications for Businesses
The Philippines tourism industry is set to benefit from ease in border restrictions as the country is now open to fully vaccinated international travelers.
Indonesia Bans the Export of Palm Oil, Impacting Global Food Prices
As of April 28, 2022, Indonesia has begun a complete ban on palm oil exports, a move that could threaten global food prices.
The Australia-Asian PowerLink: Encouraging Investments in ASEAN Renewable Energy
The Australia-Asia PowerLink should be a wake-up call for ASEAN members to spur renewable energy investments.
Indonesia’s GoTo Goes Public, Market Capitalization of US$32bn
Indonesia’s GoTo was officially listed on the Indonesian Stock Exchange and saw its market capitalization valued at US$32 billion.
Philippines Central Bank to Launch Digital Currency Pilot Program
The central bank of the Philippines will launch a pilot program for a Central Bank Digital Currency (CBDC).
Australia’s Beef Exports to Indonesia Highlights Wider Potential for Halal Products
Australia’s agricultural products, particularly its cattle and beef, are important merchandise exports to Indonesia.