Indonesia's plan to increase its value-added tax (VAT) from 11% to 12% on January 1, 2024, has triggered widespread backlash from consumers, businesses, and analysts.

The proposed amendments aim to modernize financial regulations and enhance compliance, with the law set to take effect on January 1, 2025, and certain provisions of the Securities Law effective from January 1, 2026.

Vietcombank has issued VNĐ2 trillion (approximately $78.7 million) in green bonds, marking its debut in the green bond market and reinforcing its commitment to Environmental, Social, and Governance (ESG) principles.

Median- and lower-wage earners in Singapore experienced real income growth in 2024, reversing declines seen in 2023 due to high inflation, according to preliminary findings from the Ministry of Manpower (MOM).

Amazon invested $2 billion in Singapore during 2023, funding infrastructure upgrades, operating expenses, and expansion programs across its retail and cloud businesses.