The Indonesian government has launched two new special economic zones (SEZs), namely the Banten International Education, Technology, and Health SEZ and the Batam International Health Tourism SEZ. According to the SEZ National Council Secretary General, each zone is...
Over 150 Taiwanese companies participated in the Philippine Investment Forum (PIF) held in Taipei on October 22, 2024, showcasing investment opportunities in key sectors such as smart transportation, electric vehicles (EVs), smart city development, semiconductor...
Vietnam and the UAE have signed a Comprehensive Economic Partnership Agreement (CEPA) during Prime Minister Pham Minh Chinh’s state visit to the UAE, marking a milestone in bilateral trade. The agreement covers areas such as trade, investment, and economic...
The World Bank has raised its projection for Malaysia’s economic growth in 2024 to 4.9%, an increase of 0.6 percentage points from its earlier forecast of 4.3% in April 2024. This revision reflects Malaysia’s stronger-than-expected performance in the first half...
Singapore’s position as a regional hub for mergers and acquisitions (M&As) continues to strengthen, with deal values surging in 2024. According to data from the London Stock Exchange Group (LSEG), M&A turnover involving Singapore companies reached USD 51...
The Thailand Board of Investment (BOI) reported a 42% year-on-year increase in investment promotion applications in the first nine months of 2024, reaching a value of THB 722.5 billion (approx. USD 21.7 billion), marking the highest level since 2015. This surge is...
Singapore has continued to attract substantial foreign direct investment (FDI) amidst global corporate changes, with the Economic Development Board (EDB) securing SGD 5.4 billion (USD 4 billion) in fixed asset investment commitments in the first half of 2024. This...
The Philippine Economic Zone Authority (PEZA) is ramping up efforts to attract more Singaporean investments, especially in high-impact, energy-intensive sectors such as semiconductors and electric vehicle manufacturing. At the 4th Philippines-Singapore Business and...
The UK and Thailand are set to establish an Enhanced Trade Partnership designed to strengthen trade and investment ties between the two countries. The agreement, involving UK Trade Minister Douglas Alexander and Thai Commerce Minister Pichai Naripthaphan, aims to...
Malaysia has unveiled a series of tax breaks and incentives for the Forest City development, officially designated as the Forest City Financial Zone (FCSFZ) in August 2023. Located in southern Johor, adjacent to Singapore, this initiative aims to stimulate foreign...
Britain has signed a memorandum of understanding with Indonesia to collaborate on critical minerals, according to a statement from the UK’s embassy in Jakarta. The agreement aims to foster policy dialogue, enhance technical knowledge sharing, and address areas such as...
In September 2024, Vietnamese and U.S. companies signed several memorandums of understanding (MoUs) to collaborate on energy, artificial intelligence (AI), and data center projects. These MoUs were finalized during a business forum in the U.S. Among the agreements,...