The Malaysian Investment Development Authority (MIDA), the government’s principal agency for the promotion of the manufacturing and services sectors highlights Malaysia’s latest top ranking in the 2024 Global Opportunity Index (GOI). Released by the...
Thailand is aiming to attract more than THB 1 billion (USD 28 million) in investment from foreign filmmakers in 2024, according to the director-general of the Department of Tourism. He mentioned that the Thailand Film Office will be participating in the Hong Kong...
The Monetary Authority of Singapore’s (MAS) recent survey forecasts a 2024 economic growth rate of 2.4% for Singapore, slightly up from the previous estimate of 2.3%, and anticipates an increase to 2.5% in 2025. The revised forecast also lowers headline inflation...
During a meeting held in Auckland in March 2024, the Vice President of Indonesia urged stakeholders in New Zealand’s halal industry to strengthen collaboration with their Indonesian counterparts. Emphasizing Indonesia’s status as the country with the...
In March 2024, a large American business delegation, which includes Meta, Boeing, and wind energy company GE Vernova, visited Vietnam to seek investment opportunities with local partners. The business trip indicates sustained corporate interests in the Southeast Asian...
The United States Presidential Trade and Investment Mission (PTIM) to the Philippines, spearheaded by US Secretary of Commerce Gina Raimondo, has heralded a significant milestone with US companies pledging over USD 1 billion in investments. This groundbreaking...
Malaysian Prime Minister Datuk Seri Anwar Ibrahim officially inaugurated the Tun Razak Exchange (TRX) as Malaysia’s International Financial Centre (IFC) by introducing relocation incentives for companies. With over 30,000 employees, including 20,000 knowledge...
Thailand’s National Electric Vehicle Policy Committee (EV Board) just approved incentives to encourage companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEV) and cash grants for EV battery cell manufacturers. The...
In 2023, Singapore’s tourism sector showcased remarkable resilience and recovery, with international visitor arrivals reaching approximately 13.6 million, equivalent to about 71 percent of the 2019 levels. This performance exceeded the Singapore Tourism...
The European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) have formed a partnership aimed at improving the business environment in the Philippines and attracting more European investment. ECCP President Paulo Duarte highlighted...
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive investment incentives equivalent to those granted to regions facing extremely challenging...
Indonesia has introduced fresh incentives to stimulate the sales of domestically manufactured and imported electric vehicles (EVs), aiming at promoting eco-friendly automobiles and attracting investments to bolster its domestic EV sector. These incentives, outlined in...
