Insights

Indonesia issues regulation to implement global minimum tax. JAKARTA (Jan 16): Indonesia's finance ministry said on Thursday it had issued a regulation to implement the global minimum corporate tax at 15% effective from Jan 1, as part of an international push to limit tax competition between countries. The largest economy in Southeast Asia is among 140 countries which agreed on [...]

Is Malaysia’s chip sector prepared for the storm?. KUALA LUMPUR (Jan 18): In a last-minute move by the Biden-Harris administration, a new Interim Final Rule on Artificial Intelligence Diffusion was announced on Monday (Jan 13), imposing stricter export controls on US-developed AI chips. This rule introduces a three-tier licensing framework for semiconductor exports, exempting allies like South Korea and Taiwan [...]

Chin Tong urges Malaysian logistics companies to go regional. Deputy Investment, Trade and Industry Minister Liew Chin Tong: We should build a Malaysian brand image of trustworthiness and friendliness for Malaysian global service providers to thrive in the export of services. KUALA LUMPUR (Jan 20): Malaysian companies, especially those in the logistics sector, should go regional with a whole-of-government approach [...]