Gobind Singh Deo’s Post

As Malaysia prepares to assume the chairmanship of ASEAN next year, discussions about the ASEAN Economic Community (AEC) are intensifying. In a recent interview with Bernama, I emphasized the importance of viewing the AEC as a continuous journey. Each member state faces unique challenges, yet strides towards integration have been significant. The region's digitalization efforts, exemplified by the adoption of a common QR code for payments, have facilitated easier cross-border travel. Moreover, as the fifth-largest trading bloc globally and with growth rates surpassing global averages, ASEAN represents a critical opportunity that investors should not overlook. #ASEAN #AEC #Digitalization #TradeIntegration

Last year, Indonesia's ASEAN Chairmanship marked a historic moment with the launch of the ASEAN Digital Economy Framework Agreement (DEFA). This groundbreaking legal instrument is the first of its kind in the region, setting the stage for a unified digital future for all ASEAN Member States to follow with digital economy opportunity worth a staggering $2 trillion by 2030 Ready to learn more about the power of ASEAN DEFA? Swipe ➡ the slides to discover more! #ASEAN #DEFA #DigitalEconomy #Equatorise

𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐅𝐮𝐭𝐮𝐫𝐞: 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚’𝐬 𝐓𝐚𝐱 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 𝐟𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 Consistent with its long history of promoting the digital agenda, Malaysia is offering incentives to support digital-related activities.   In this alert, Partner Chris Toh Pei Roo 杜沛儒 and Associate Chang Jin Yee, summarise the incentives currently being offered through the Malaysia Digital Economy Corporation (“MDEC”) and the Malaysian Investment Development Authority (“MIDA”).   Read here: https://lnkd.in/g9kGCKdH For assistance or advice in incentives applications, please contact the authors, Partner Chris Toh Pei Roo ([email protected]) or Associate Chang Jin Yee ([email protected]).   #lhagmy #lhaginsights #Tax #Customs #Trade #TaxIncentives #DigitalIncentives #MDEC #MIDA

Today's Digital Economy Malaysia Accelerates Digital Growth The Malaysian Government is advancing its digital... Read More: https://lnkd.in/d8tMUDTe #malaysiangovernment #digitaltech #digitalpolicies

Our team in Vietnam has just released a comprehensive industry report titled Breaking the Digital Frontier: Innovations Shaping Vietnam’s Transformation (2024 - 2025). Developed in collaboration with UOB Vietnam and investor community partner AVV (Ascend Vietnam Ventures), the report offers a detailed analysis of Vietnam's digital economy and its transformative path toward sustainable development, providing investors with a clear and in-depth understanding of the country’s digital ecosystem. Key highlights of the report: 💡 Overview of the digital transformation landscape in Asia and Southeast Asia 💡 Vietnam's digital economy at a glance 💡 The role of digital transformation in sustainable development 💡 Exclusive insights and analysis of Vietnam’s digital sectors 💡 Regulatory compliance and paths towards sustainability Explore the full report here: https://lnkd.in/gQGwtm54 #industryreport #acclimevietnam #acclime #digitaltransformation #vietnam

Silent Successes: Shouting Out Malaysia's Economic Triumphs 📈 ASLI's CEO, explored Malaysia's growing economic strides in a recent column, highlighting GDP growth, strategic foreign tech investments, and advancements in the equity market. The piece uncovers how these achievements reflect the effective implementation of government policies aimed at enhancing Malaysia's business environment. Read the full column here: https://lnkd.in/gfRbpAmW 🌐 Empowering Leaders, Advancing Societies. Stay updated with us: https://lnkd.in/g6fyRgPC #ASLI #EmpoweringLeaders #AdvancingSocieties Danial Rahman

Recently, I had the privilege of meeting the Minister of Investment, Trade, and Industry, YB Tengku Zafrul Aziz and his team from MITI and MIDA to discuss on how Malaysia can leverage on its world leading position in digital infrastructure (cloud and connectivity) to attract foreign investments. In today’s world digitalization has not only become a matter of differentiation and operational effectiveness but fundamental to any business success and survival. Companies in any industry that is not embracing digitalization will not be around tomorrow. This is also true for nations. Having the right digital infrastructure is a critical foundation and differentiator for nations to attract foreign investments and global companies. The great news is that Malaysia has leapedfrogged as a digital nation the last 2 years and become a leading nation for connectivity due to its 5G network, which is now ranked top 3 in the world. Grateful to Minister YB Tengku Zafrul Aziz for his vision and partnership. Let us work together to spread these great facts globally to secure more foreign investment and propel Malaysia as a leading digital nation! #Malaysia #WorldLeader #DigitalInfrastructure #Investments Ministry of Investment, Trade and Industry (MITI) | Malaysian Investment Development Authority

Vietnam, Indonesia, and the Philippines are emerging as dynamic new economic powerhouses in ASEAN. Their young, tech-savvy populations are fueling rapid development. Discover more about how HSBC can support your business across ASEAN: https://grp.hsbc/6043SB7eU #HSBCASEAN #ASEANInternationalBank #Innovation #BusinessGrowth

Vietnam, Indonesia, and the Philippines are emerging as dynamic new economic powerhouses in ASEAN. Their young, tech-savvy populations are fueling rapid development. Discover more about how HSBC can support your business across ASEAN: https://grp.hsbc/6043SB7eU #HSBCASEAN #ASEANInternationalBank #Innovation #BusinessGrowth

Indonesia is urging ASEAN members to accelerate negotiations on the Digital Economy Framework Agreement (DEFA), aiming for 50% completion in 2024. #ASEAN #DigitalEconomy #DigitalID #Indonesia #DEFA #DigitalTransformation #EconomicGrowth https://lnkd.in/gidF-3tn