Newsflash ASEAN

Welcome to the Q3/2025 edition of our ASEAN Newsflash. As the global economy continues to evolve amidst fragmentation and uncertainty, the ASEAN region remains remarkably resilient. With a combined population exceeding 680 million, the ten-member bloc not only represents a cornerstone of global growth but to an increasing extent a destination for investors seeking innovation, stability, and long-term business relations. 

Yet, while opportunities are abundant, the legal terrain remains nuanced. Investors must navigate diverse regulatory frameworks, local tax obligations, and numerous ESG standards. In this edition, we spotlight Malaysia’s proposed Cross-Border Insolvency Bill, which draws on the UNCITRAL Model Law on Cross-Border Insolvency, and explore the principles governing the recognition of electronic and digital signatures under Malaysian law. We also examine the implications of Philippine President Ferdinand Marcos Jr.’s fourth State of the Nation Address, alongside the country’s new regulations imposing Value Added Tax on digital services. In Vietnam, we highlight the recently enacted Law on Personal Data Protection, passed by the National Assembly on 25 June 2025, and its relevance for entrepreneurs. And, finally, some good news regarding international trade, Indonesia and the EU have reached a political agreement on the Comprehensive Economic Partnership Agreement, concluding nearly a decade of negotiations; execution of the trade pact is now scheduled for late September 2025.

Looking ahead, we are pleased to announce the return of two key events: the Vietnam FDI Forum in Ho Chi Minh City on 20 November, and the Malaysia Connect Forum in Kuala Lumpur on 27 November. Both events will offer timely regulatory updates and engaging panel discussions on the evolving business landscape. We look forward to welcoming you for a meaningful eye-level exchange. Further details will be shared shortly.

We hope you enjoy this edition and find the insights useful for your business.

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Sincerely yours,​