Vietnam and Singapore to Cooperate on Green Economy, Sustainable Infrastructure, Digitalization and Cybersecurity

Malaysia to Introduces Tax Incentives in Carbon Capture and Storage

In an effort to establish itself as a regional hub for the developing industry, Malaysia has announced the implementation of tax incentives for carbon capture and storage (CCS). The tax incentives are a part of Malaysia’s annual budget plan, Budget 2023, with...
Thailand and the EU Finalize Partnership and Cooperation Agreement

Thailand and the EU Finalize Partnership and Cooperation Agreement

In September 2022, the European Union (EU) and Thailand finalized the text of the EU-Thailand Partnership and Cooperation Agreement (PCA). The PCA will enhance the political dialogue on issues of global concern and will give more scope for mutually-beneficial...
Indonesia Designing Incentives for New Capital Investment

Indonesia Designing Incentives for New Capital Investment

Indonesia is creating an incentive package to entice investment in Nusantara, its prospective USD 32 billion new capital city. The mega project involves relocating Southeast Asia’s largest economy’s capital from crowded Jakarta to an undeveloped location...
Singapore Signs Green Economy Agreement with Australia

Singapore Signs Green Economy Agreement with Australia

Singapore and Australia have already agreed upon 17 projects as part of the bilateral Green Economy Agreement (GEA), signed by the two countries on 18 October. The GEA has specified seven areas for its green economy principles and scope for cooperation: trade and...
New Regulation to Improve Renewable Energy Development in Indonesia

New Regulation to Improve Renewable Energy Development in Indonesia

Presidential Regulation Number 112/2022 was officially issued by the President of Indonesia in late September. The new regulation, referred to as the ‘Acceleration of Renewable Energy Development for the Provision of Electricity’, aims to attract more investors to...
Thailand Launches New Visa to Attract Skilled Workers and Investors

Thailand Launches New Visa to Attract Skilled Workers and Investors

Thailand has just launched its long-term resident (LTR) visa program. While aimed at highly skilled workers, the program is also expected to attract foreign investors. In a recent interview with Nikkei Asia, the deputy secretary general of the Thailand Board of...
Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Japan Invests USD 1.96 Billion in Malaysia’s Strategic Sectors

Malaysia received investments worth MYR 9.30 billion (USD 1.96 billion) in strategic and high-potential sectors such as electrical and electronic (E&E), Research & Development (R&D), biomass, information technology and communication, chemical industry, and...
Singapore Highest in Global Digital Competitiveness in Asia

Singapore Highest in Global Digital Competitiveness in Asia

Singapore has moved up one spot to place fourth in the latest edition of the IMD World Digital Competitiveness Ranking, after Denmark, the United States, and Sweden. The ranking considers 63 global companies, assessing each country on 54 criteria and polling mid and...
Singapore Highest in Global Digital Competitiveness in Asia

Vietnam is An Attractive Destination for Danish Companies

Danish companies are expanding their footprint in Vietnam as the nation quickly moves up the value-added ladder and establishes itself as a major center for the production of technology. Denmark has emerged as a key investor in Vietnam this year thanks to the Danish...