ASEAN Biweekly News Updates Aug 6 – Aug 20

Thailand's Business Sector on Edge as New Government Faces Economic Challenges; Thai Baht Faces Uncertainty Amid Political Turmoil and Central Bank Decision; Thai Government Agency Maintains GDP Forecast Amid Calls for Economic Stimulus; Push for Expanded Tax Reduction Scheme to Boost Rooftop Solar Panel Adoption; Majority of Thais Lack Cybersecurity Knowledge, New Study Reveals; New Solar Panel Partnership Aims to Boost Sales Amid Growing Competition; Commerce Ministry to Propose Measures Against Cheap, Poor-Quality Imports; Taiwanese Startup Promotes Thai Relocation Amid Geopolitical Shifts; Vietnam's ESG Framework: A Roadmap for Business Compliance and Growth; Taiwan and Vietnam Forge Stronger Startup Ties at Tech Solution Day; Indonesia Warns of Economic Disruption Without Clean Energy Transition; Nusantara Capital City Project Faces Scrutiny Amid Ambitious Goals

ASEAN Biweekly News Updates-July 20 – Aug 5

UOB Thailand Drives Efforts to Tackle Scope 3 Emissions and Foster Low Carbon Economy; Thailand's Pinktech Potential: Investors Remain Cautious Despite Promising Market; Government Set to Approve New Energy Saving Scheme for State Agencies; E-Commerce Platforms to Increase Sales Fees, Impacting Local Merchants; Thailand Aims to Transition from AI User to AI Innovator; Thailand's Board of Investment Launches Matching Fund to Boost High-Tech Startups; Bank of Thailand Eases Foreign Exchange Controls for Outbound Investments; Thai Media Usage Trends Reveal Shift Toward Digital Dominance Post-Pandemic; Masan Group Wins Top Honors in ESG Categories at Top 50 Corporate Sustainability Awards; HSBC Upgrades Vietnam’s 2024 GDP Growth Forecast to 6.5% Amid Strong Economic Performance; Indonesia Eases Local Content Requirements to Attract Foreign Investment in Renewable Energy; Indonesia Enhances Smart City Collaborations at ASEAN Annual Meeting

ASEAN Biweekly News Updates- July 5 – July 19

NSTDA Unveils Top 10 Future Technologies at Thailand Tech Show 2024; Thailand Urges Chinese EV Makers to Boost Local Parts Sourcing; IEAT Promotes Clean Energy for Industrial Estates in Rayong; Cabinet to Approve Thai ESG Fund, Expected to Boost SET Trading by 50 Billion Baht; AI Fund and KXVC Join Forces to Boost Thai AI Startups; Hermes and US Firm to Conduct Feasibility Study for Green Hydrogen Power Plant in Thailand; Thailand Aims for Top Five Global PCB Manufacturing Status by 2029; Study Reveals Widespread AI Usage Among Thai Population for Convenience and Efficiency; Vietnamese Startup VinCSS Unveils Advanced Automobile Security Solution at Global Seminar; Vietnam Proposes Tax Exemptions for Green Bonds and Carbon Credits; Indonesian Government to Offer Incentives for Hybrid Cars Amid Electric Vehicle Push; Indonesia Launches Golden Visa Program to Attract Foreign Investment

ASEAN Biweekly News Updates- Jun 22 – July 4

Thailand Sees Foreign Investment Surge to 71.7 Billion Baht in Early 2024; Thai Exports Surge by 7.2% in May 2024; AI Expected to Have Limited Impact on Thai Employment but Skills in High Demand; World Bank Urges Thailand to Invest in Infrastructure and Green Economy for Sustained Growth; Microsoft Announces Major Investments in Cloud and AI Infrastructure for Thailand; Taiwan and Thailand Sign Investment Pact, First Under President Lai Ching-te; Vietnam's Q2 GDP Growth Accelerates to 6.93%, But Inflation Risks Loom; Vietnam Liberalizes Direct Purchase of Green Electricity, Aiming to Boost Renewable Energy Investment; Vietnam's First AI-Generated Sci-Fi Film Released for Free; Electric Vehicles Boost Green Transportation Efforts in Indonesia: An ESG Perspective; Indonesia National Data Centre Cyber Attack Disrupts Services, $8 Million Ransom Demanded

ASEAN Biweekly News Updates- Jun 6 – Jun 21

B8bn in funding for researchers; Semiconductor industry crucial for future foreign investment; July will see a VAT on cheap imports; Thailand names leading smart cities; Thailand climbs five spots in the index of competitiveness; Shopping centers support the net-zero objective; Third floating solar project to be launched by Egat; Delta to discuss Sustainability for Business Competitiveness; Auto sales in May increased by 6%; Smaller enterprises might cut corporate income tax to as little as 15%; Indonesia's "dirty" nickel growth driven by the EV transition; Finland and Indonesia increase their collaboration in smart cities and green energy

ASEAN Biweekly News Updates- May 25 – Jun 5

SET creates a plan for family enterprises and overseas companies; Carbon levy is planned for 2025; Cabinet approves a change in VAT to limit cheap imports; OneWeb prepares for broadband internet service; Need for SMEs to get ready for the green economy; Leaders applaud the ESG business plan; Providing Capital for Green Growth in Vietnam: The Role of Credit Institutions and the ESG Initiative; Đà Nẵng City and the World Bank will foster collaboration in digital database management

ASEAN Biweekly News Updates- May 13 – May 24

Duo prepares for the hydrogen economy; Widodo meets with Elon Musk to talk on digital acceleration and investments; Senior Official says Musk will "consider" opening a Battery Plant in Indonesia; Draft law seeks to limit profit shifting; Solar rooftop purchasers will receive a tax break; Firms get ready for the next CBAM phase; Bangkok Land plans to build a smart city in Mueang Thong Thani; Vietnam asks Foxconn and Others to reduce power usage in order to prevent blackouts; Using a circular economy to create "green living" with Far Eastern Polytex Vietnam; Trade Ministry relaxes import laws

ASEAN Biweekly News Updates- April 28 – May 12

Thailand extends visa waiver for Indians and Taiwanese; True Digital Group introduces a green platform to cut costs for companies; Krungsri hosts "Krungsri ESG Awards" & "Krungsri ESG Academy" for Thai SMEs; Microsoft to establish an AI and data facility in Thailand; EGAT, EDL, Mitsubishi, And Chiyoda Form An Alliance For Green Hydrogen And Ammonia in Thailand; HCM City aims to use digital data to propel intelligent urban development; FPT, Nvidia collaborates on a $200 million AI facility in Vietnam; Indonesia and the UAE aim to lead the world's Green Aluminium Market; Indonesia and the US Trade and Development Agency Collaborate on Smart City Innovations for the Future Capital City

ASEAN Biweekly News Updates- April 13 – 28

Policymakers plan to draft more AI regulations; Solar giants want high US tariffs on panels from Asean; Four companies to invest in 15 power plants; Demand to increase renewable proportion; Somnics of Taiwan co-invests in manufacturing facility; Apple CEO Tim Cook is seeking to increase investment in Vietnam; FPT of Vietnam to invest $200 million in an AI using Nvidia chips; Apple will ‘look at’ manufacturing in Indonesia: CEO Cook

ASEAN Biweekly News Updates- March 29 – April 12

Digital wallet scheme coming in Q4; Energy Absolute and Bangkok develop new green aviation fuel venture; Absolute Clean Energy starts offering net-zero solutions; VAT now applied to all imported goods; Thailand eager to partake in chip frenzy; Vietnamese business raises $1.5 million for sand battery solution that reduces carbon emissions; Nordic firms interested in investing in Vietnam due to its net-zero commitment; Indonesia all set to host 7th Global Conference