Singapore’s MNE groups must register with IRAS from 2025, with specific entity and timeline requirements.
Oct 7, 2026
Asian equities weakened on Wednesday despite another record-setting session on Wall Street, as rising oil prices and renewed concerns over global bond yields offset optimism about corporate earnings and AI-related growth. The MSCI Asia-Pacific index excluding Japan fell about 0.5%, while Hong Kong and Singapore declined and technology shares in South Korea also came under […]
Recent Middle East conflict and oil price volatility have highlighted Thailand’s dependence on imported fossil fuels, prompting calls to accelerate its clean energy transition. A seminar involving energy experts, policymakers, and industry representatives concluded that reducing fossil fuel dependence is now an economic and security necessity, not just an environmental goal, with ASEAN neighbors facing […]
Phuket has won Air Canada Vacations’ 2026 Travellers’ Top Picks Award for Wellness, voted for by Canadian travellers.
Oct 6, 2026
The World Bank has upgraded Thailand’s 2026 growth forecast by 0.7 percentage points to 2.0%, citing stronger exports linked to the global AI boom, but warned that flooding, a potential severe El Niño and weak domestic adoption of AI could limit the benefits. The upgrade comes even as Thailand continues to face unusually heavy flooding, […]
summarize this content to 20 words The proposed ASEAN-Canada Free Trade Agreement (ACAFTA) could reduce trade barriers between Canada and Southeast Asia while creating new opportunities for companies using ASEAN as a manufacturing, sourcing, services, or regional investment base. Canada-ASEAN bilateral merchandise trade reached C$52.5 billion (US$38 billion) in 2025, up 23.6 percent from C$42.4 billion (US$31 billion) in 2024. ASEAN’s member states collectively represented Canada’s fifth-largest merchandise trading partner. From ASEAN’s perspective, Canada ranked as its 16th-largest trading partner and 10th-largest source of foreign direct investment in 2025. ASEAN now comprises 11 member states following Timor-Leste’s admission in October 2025. Where ASEAN-Canada trade and investment stand today Manufacturing in ASEAN frequently involves regional production networks. A product assembled in Vietnam, for instance, may contain inputs from Malaysia, Thailand, or Indonesia. Whether those inputs count toward the product’s originating status could determine whether it qualifies for preferential tariffs when exported to Canada. Canada’s negotiating objectives specifically seek rules allowing the cumulation of materials and production and recognizing existing regional production patterns. If reflected in the final agreement, these provisions could give manufacturers greater flexibility to divide qualifying production and sourcing among ASEAN countries rather than concentrating activities in one jurisdiction solely to obtain tariff preferences.
Thailand's floods have disrupted Toyota and Honda production, highlighting supply-chain vulnerabilities that could threaten the nation's automotive dominance as climate risks grow.
Phuket is preparing to host the 2026 Vegetarian Festival from October 9–18, with more than 140,000 visitors expected and at least 1.4 billion baht in local economic activity. Deputy Government Spokesperson Ploytalay Laksmeesangchan stated that the annual festival, locally known as Jia Chai, is a significant cultural tradition that reflects the religious faith and heritage […]
Oct 5, 2026
Thailand's Long-Term Resident (LTR) visa program has approved 12,010 high-potential foreigners since its September 2022 launch, generating an estimated USD 1.28 billion in economic value through fees, spending, investment, and tax revenue.
Oct 4, 2026
The RCEP region, led by ASEAN+3, is becoming a significant global economic center. Key focuses include deepening regional integration, enhancing supply chains, managing risks, and driving global growth.
Thailand & Asia | 5 October 2026 Thailand’s floods are hitting 1,315 businesses as renewed rain threatens to prolong the economic damage Thailand’s flood crisis is increasingly becoming a business-continuity problem rather than a short-lived disruption. The Ministry of Industry says 1,315 businesses across 40 provinces have been affected, including 77 factories, 1,179 SMEs, two […]
Siam Amazing Park suffered nearly 500 million baht in flooding damage. Owner Dr. Chaiwat may sell the entire business for 10 billion baht if he cannot secure financing for repairs, estimated to take 3-6 months.
IDX launched the Green Equity Designation to promote sustainable finance in the Indonesian capital market. Companies meeting green criteria receive visibility and investors gain structured, transparent information for sustainable investment decisions. Through this initiative, IDX grants a special designation to shares of Listed Companies that meet the criteria for green economic activities and/or transition toward […]