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China-ASEAN Trade Sees Strong Growth in First Half of 2014

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Trade between China and the ASEAN nations reached US$220.69 billion in the first half of 2014, an increase of 4.8 percent compared with the same period last year, China’s Ministry of Commerce announced this week.

Singapore Boosts Information Technology Cooperation with South Korea

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Small and medium sized information technology companies in South Korea and Singapore can look forward to more opportunities for cooperation and growth as the two countries inked a Memorandum of Understanding on Information and Communications Technology collaboration last Friday.

Myanmar Establishes New Special Economic Zone

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Plans are currently underway to develop a new special economic zone in Myeik. Located in Myanmar’s southeastern Tanintharyi region, Myeik is home to one of Myanmar’s growing number of industrial zones.

Transfer Pricing in Malaysia: Past, Present and Future

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Transfer pricing continues to be an important issue for the Inland Revenue Board (IRB) in Malaysia.This article discusses recent developments in transfer pricing in Malaysia and advises taxpayers operating in Malaysia on how to prepare for scrutiny by the IRB.

Tax Exemptions on Foreign Income for Singapore-Based Companies

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According to the Inland Revenue Authority of Singapore, a Singapore tax resident can enjoy tax exemption on specified foreign income that is remitted into Singapore.

ASEAN and the Intellectual Property Ladder

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The less developed nature of business-related legislation in the ASEAN region means the dangers of intellectual property (IP) infringement are often great. In this article, we take a look at IP legislation across the ASEAN region and highlight important frameworks governing the protection of IP.

Thailand’s GDP Growth Forecast Raised to 2.3 Percent for 2014

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Thailand is expected to experience 2.3 percent economic growth in 2014, according to a revised forecast by Kasikorn Research Center.

Hong Kong Wants Quick ASEAN Agreement

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Hong Kong’s Secretary for Commerce and Economic Development, Gregory So, recently stressed the importance of a quick completion to the proposed Hong Kong-ASEAN free trade agreement.

Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector

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Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.

U.S. Companies Eye Investment Opportunities in the Philippines

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Due to its potential for growth and development, U.S. businesses are looking to increase commercial and economic ties with the Philippines. Last week, U.S. Secretary of Commerce Penny Pritzker visited the Philippines to meet with President Aquino and other officials.

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