Philippines Approves USD 97.9 Billion National Budget for 2022
President Rodrigo R. Duterte has signed into law the PHP 5.024 trillion (USD 97.9 billion) national budget for 2022, which will be used for the country’s COVID-19 pandemic response and recovery efforts in the aftermath of Typhoon Odette. The budget is significantly...
Thailand to Launch New Incentives for Foreign Investment, Including for Foreign Movies
Toward the end of 2021, Thailand announced new incentives for foreign investors, skilled professionals, and wealthy retirees. Incentives will span areas including immigration permit, tax, and land ownership. It has been reported that the government expects incentives...
Singapore Takes Title as World’s Smartest City for 3rd Consecutive Year
The Annual IMD-SUTD Smart City Index (SCI), a survey published by Swiss business school Institute of Management Development (IMD) and the Singapore University of Technology and Design (SUTD), which ranks 118 cities by how “smart” they are, has named Singapore as the...