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 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...
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...
Philippine President Ferdinand “Bongbong” Marcos Jr. received USD 3.9 billion in investment pledges during his working visit to the United States (US). The visit is part of the President’s trip to the US to address the 77th Session of the United Nations General...
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...
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...
The UK Department for International Trade in the Philippines recently announced that more than 80% of exported Filipino products, and 99% of total goods by value exported from the Philippines, will be eligible for duty free access to the UK via the Developing...
Malaysia and Qatar hope to elevate their bilateral relationship through cooperation in economic fields like Islamic financing and the digital economy. The announcement was made by Malaysia’s Foreign Minister Datuk Seri Saifuddin Abdullah in August 2022 during the...
American automaker, Tesla, has signed contracts worth billions of dollars with nickel processing businesses in Indonesia to purchase ingredients for its batteries. Indonesia, which has significant nickel deposits, has been attempting to persuade Tesla to establish a...
The government of Vietnam recently announced that it aims to develop seven maritime economic clusters in the country over the next 10 years as part of its strategy to advance the marine economy while promoting sustainable development. The target was set by the Prime...
On 22 August 2022, Singapore and Malaysia announced the substantive conclusion of two Frameworks of Cooperation, one in the green economy and another in the digital economy. The Frameworks of Cooperation serve as the basis for future bilateral initiatives related to...
The government of Thailand has recently announced that it aims for a USD 62 billion investment in the Eastern Economic Corridor (EEC) over the next five years. The 2023-2027 plan for the EEC, a special economic zone, will include incentives for industries such as...
