China’s Investments in Indonesia: 2024 Outlook - ASEAN Briefing
Jun 5, 2024 · During their meeting in September 2023, Premier Li Qiang and President Widodo discussed several investments, with China pledging US$21.7 billion across various sectors, including transportation.
Indonesia’s Minimum Wage Rates for 2024 - ASEAN Briefing
Apr 4, 2024 · How is the minimum wage increase calculated? MOM 18/2022 stipulated a new formula for calculating the minimum wage increase. The calculation for the minimum wage took into account Indonesia’s economic growth, inflation, and the contribution of employees to economic growth.
Southeast Asia Manufacturing Tracker - ASEAN Briefing
Sep 16, 2024 · The second edition of The Asia Manufacturing Index by Dezan Shira & Associates is now out. The 2025 index provides essential insights into Asia’s dynamic industrial landscape, ranking eleven countries across eight categories, including tax …
Malaysia Issues Incentives for Forest City Financial Zone - ASEAN …
Oct 2, 2024 · Malaysia has issued fiscal and non-fiscal incentives for the newly founded Forest City Financial Zone (FCSFZ). Forest City refers to a section of the larger Forest City development project, which is a massive smart city initiative located in …
Malaysia’s Budget 2025: Impact for Businesses - ASEAN Briefing
Oct 31, 2024 · On October 18, Malaysia’s government introduced its 2025 national budget – the largest in its history – to bolster the economy’s competitiveness by introducing new tax incentives, slashing subsidies, and developing new economic clusters.
China Trade with Thailand: Key Dynamics - ASEAN Briefing
Nov 12, 2024 · China became Thailand’s largest foreign investor in 2023, signaling the deepening economic ties between the two nations. This shift reflects not only China’s economic significance to Thailand but also Thailand’s strategic position in Asia as a …
Indonesia's Labor Market: Key Trends and Challenges - ASEAN …
Oct 31, 2024 · Indonesia’s labor market reflects the broader economic and social changes within the country. The nation has experienced consistent job growth, primarily driven by sectors such as manufacturing, agriculture, and services.
Singapore’s Economic Outlook for the Next 5 Years - ASEAN Briefing
Oct 21, 2024 · Thanks to decades of targeted policies and actions, Singapore has become one of Asia’s largest and most dynamic economies. The Southeast Asian country has a GDP of US$525.228 billion, a young workforce, and over a million foreign talents working in the rapidly expanding working class.
2025 Singapore Employment Pass Salary Requirements - ASEAN …
Nov 12, 2024 · Singapore’s Ministry of Manpower has announced the new salary threshold for Employment Pass (EP) applicants for 2025. The EP is a work visa for foreign professionals, managers, and executives seeking employment in Singapore.
India-Indonesia Bilateral Trade Trends - ASEAN Briefing
Oct 10, 2024 · Indonesia has become India’s largest trading partner in the ASEAN region. Bilateral trade between the two countries increased from US$26.04 billion in 2022 to US$38.84 billion in 2023, a significant 48 percent growth. The two …