The COVID-19 pandemic has increased consumers’ health consciousness globally, which has also greatly benefited the alternative protein market. Southeast Asia is no exception as the region recorded a great number…
On January 18th, 2022, the Indonesian House of Representatives officially approved a law to move the capital of this island nation to East Kalimantan province on the island of Borneo.…
The impact of the COVID pandemic has started to subside in Southeast Asia. Regional governments continue to ease restrictions and further open their borders in 2022, giving rise to the…
Global supply chain disruptions have made companies aware of the importance of diversifying supply chains. As China focuses more on advanced manufacturing, companies target new markets for low-cost sourcing in…
Amazon Web Services to Invest 5 billion USD In Indonesia Cloud Business In December 2021, Amazon Web Services (AWS), U.S. e-commerce giant Amazon’s cloud service, declared its plans to…
The Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal, officially took effect on January 1, 2022, targeting a market of 2.2 billion consumers. RCEP Overview Regional Comprehensive Economic…
In 2021, the government rolled out two important regulations showing strong support for investments in renewable energy. Its neighbouring country, Singapore, signed two agreements on the same day to import…
With intensive vaccine rollout and heavy restrictions, Southeast Asia has significantly improved its COVID situation towards the end of 2021. Regional governments are gradually lifting restrictions and pushing to reopen,…
In an attempt to restore the nation’s economy amid the pandemic, the Indonesian government extended its luxury tax break for sales of small cars, first enacted in March 2021, until…
In January 2021, Indonesia’s government drafted a new investment target list, aiming to boost investments in certain industries. The existing list, released in 2016, categorizes industries into three levels. Those…
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