Thailand Approves Incentives for Electric Trucks and Buses Adoption

Thailand Approves Incentives for Electric Trucks and Buses Adoption

Thailand’s National Electric Vehicle Policy Committee (EV Board) just approved incentives to encourage companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEV) and cash grants for EV battery cell manufacturers. The...
Singapore’s Tourism Sector Recovers in 2023

Singapore’s Tourism Sector Recovers in 2023

In 2023, Singapore’s tourism sector showcased remarkable resilience and recovery, with international visitor arrivals reaching approximately 13.6 million, equivalent to about 71 percent of the 2019 levels. This performance exceeded the Singapore Tourism...
ECCP and ARTA Forge Partnership for Business Ease in the Philippines

ECCP and ARTA Forge Partnership for Business Ease in the Philippines

The European Chamber of Commerce of the Philippines (ECCP) and the Anti-Red Tape Authority (ARTA) have formed a partnership aimed at improving the business environment in the Philippines and attracting more European investment. ECCP President Paulo Duarte highlighted...
Vietnam Introduces New Incentives for Investment into Hi-tech Parks

Vietnam Introduces New Incentives for Investment into Hi-tech Parks

The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive investment incentives equivalent to those granted to regions facing extremely challenging...