Watson Farley & Williams’ Post

Indonesia, one of the world’s fastest-growing digital markets, pursues a unique digital policy approach. Our last Digital Policy Alert Digest walks you through in 5 minutes, covering #data governance, #content moderation, competition, registration requirements, #customs duties on electronic transmissions and #taxation. Happy to have written the Digest with Nils Deeg and Jens Neese. Having covered all #G20 countries, we’re moving on to comparative analysis to measure #fragmentation in digital policy. Stay tuned! #digitalpolicy #digitaltrade #techpolicy #digitalfragmentation 

An interesting project by Omdena. "CanPolicy Insight - Clear Insights into Canadian Policies Leveraging LLM". I think we also need to create the same or similar project for the government of Indonesia. Leveraging LLM for our policies and regulations. https://lnkd.in/eEjXC9Fr

Businesses can choose their financial year end in Singapore; 31 December is common. https://bit.ly/471h7rq #singaporeaccountingyearend #singaporefiscalyearend #singaporetaxyearend #singapore #factsforforeigners

The Year of Assessment in Singapore is the year following the calendar year in which the income is earned. https://bit.ly/3PP9rC9 #SingaporeYearofAssessment #Singapore #FactsForForeigners

Much appreciated Pak Bob S. Effendi mention of Singapore's impressive FDI numbers as it coincided with a short discussion on the importance of the money multiplier and how Singapore's MAS has over the decades moulded Singapore into a very robust, secure and most importantly trusted financial hub for ASEAN. No other ASEAN economy has managed to be able to keep our reserve ratio low to simulate economic development in the way that Singapore has done so over the years, while may have succeeded, we have never taken it for granted, it has been one of the many reasons why our financial sector has grown from strength to strength. It is also true that in Singapore, you are hanging in the right networks if every other person is dealing with PE, VC or some other financial organisations. While it did not come to us easy, we are nevertheless grateful that we serve ASEAN as a financial hub by keeping our economy strong, robust and relevant. #FDI #Finance #Singapore #Economy #Investment #SustainableFinance

Keep up on the latest news with our Weekly Highlight section! This week: More incentives for EV sale; Indonesia's ongoing OECD membership discussion; and the new presidential regulation on publishers rights. Read here: bit.ly/3OT7m7G #ConnectingBusiness #BusinessPlatform #BusinessNews #BusinessIndonesia

There is a view within political and business circles that if the economy is fixed, in time, everything else will also get fixed. I wonder whether Malaysia is a case in point that disproves this theory. Singapore definitely put governance, rule of law and social cohesion ahead of the economy and produced stellar, sustainable economic growth. #governance #ruleoflaw #socialcohesion #srilanka #malaysia

Indonesia’s New Capital or also known as IKN apparently becomes the main focus for the vice presidential candidate of the 2024 presidential election. Most recently, vice presidential candidate number 3, Mahfud MD mentioned there has been no investor registered yet for the National Capital during the vice presidential debate of the 2024 presidential election that was held on Tuesday (22/12/2023) at the JCC, Jakarta. “Up to this point, there still hasn’t been one investor registered for the National Capital (IKN), if there are any, please state which investors that have been registered,” said Mahfud MD who also serves as Coordinating Minister for Political, Legal and Security Affairs. Read more at https://buff.ly/41I3FqG #news #LatestNews #IKN #Indonesia #heaptalk #CapitalCity #Investor

Together with the Lietuvos laisvosios rinkos institutas II Lithuanian Free Market Institute and the business law firm TGS Baltic we invite you to participate in an expert discussion on the impact of the new European Union regulation #DigitalMarketsAct for Lithuanian SMEs, start-ups, innovators and consumers. ✅ The event will seek to clarify who access controllers are and how they are important. We will discuss how major online platforms have already reacted to the Digital Markets Act and how it will be implemented in Lithuania. We will analyse how the new rules may affect online services, their pricing and innovation, and what is important for developers to know. 📅 19 September, 13:00-15:00. 📍 Konstitucijos pr. 21a, Vilnius or by remote broadcast Hurry to register 👉 https://lnkd.in/eq8JWVUK More information 👉 https://lnkd.in/e663Yehz #DigitalMarketsAct #EU

Hong Kong is actively embracing family offices, and efforts to attract foreign capital are bearing fruit. It was wonderful to hear from Jason Fong, Global Head of Family Office at Invest Hong Kong, on the city's distinctive advantage in art investment, along with emerging opportunities in Middle East and ASEAN countries, particularly Indonesia. Paul Ho, Financial Services Tax Partner at EY, suggested that the authorities review the current tax exemption framework to expand investment options for family offices. Many thanks to Wayne Lau, Chairman of the Taxation Committee, for moderating the event! #HKGCC #HongKong #HongKongBusiness #TaxSystem #Investment #FamilyOffices #WealthManagement #ASEAN #MiddleEast