Indonesia and Australia Ratify IA-CEPA Agreement
On February 10, 2020, Indonesia and Australia ratified the Indonesia-Australia Comprehensive Economic Partnership Agreement.
Indonesia and Singapore Sign Updated Double Taxation Avoidance Agreement
Indonesia and Singapore signed the updated agreement on the elimination of double tax avoidance and prevention of tax evasion. Read on to learn more.
Laos to Implement New Income Tax Rates
Laos’ new Income Tax Law will come into effect on February 17, 2020, and sets out the latest tax rates for businesses and employees.
How SMEs Can Secure Their IT System: Simple Steps
SMEs frequently underestimate the importance of cybersecurity to their business. It’s often not a question of “if” your company will be attacked but “when” . Cybersecurity is an often-overlooked item in small and medium sized companies (SMEs), putting these companies at risk every day. Lack of IT experts, fear of high costs, or even lack […]
Indonesia is Moving its Capital – What Does it Mean for Businesses?
The Indonesian government announced plans to relocate its capital from Jakarta to East Kalimantan. Read our analysis of what this could mean for businesses.
ASEAN Countries Want Free Trade Agreements to Develop Russian Trade
ASEAN member states called for improvements in the region’s Free Trade status with Russia. Nearly all members with the exception of Vietnam, which has a Free Trade Agreement with the Russia-inclusive Eurasian Economic Union, suffer from low bilateral trade volumes with Russia.
ASEAN & the Eurasian Economic Union. Room For Growth in Bilateral Trade & Supply Chain Developments
Op/Ed by Chris Devonshire-Ellis ASEAN’s trade is largely taken up with other countries in Southeast Asia, China, and India; however, that environment is beginning to change with the addition of bilateral trade and services with the Eurasian Economic Union, and with Russia especially. The Eurasian Economic Union (EAEU) is a trade bloc that includes Armenia, […]
Indonesia’s Growing Special Economic Zones – Opportunities and Challenges
Over the last decade, Indonesia’s special economic zones (SEZs) and industrial estates have grown multi-fold. In this article, we discuss the incentives offered by Indonesia to facilitate investment in these zones.
Residency Schemes in ASEAN – Eligibility Requirements
Obtaining a long-term residency status is a cumbersome process for foreigners in ASEAN. The regulations and procedures vary significantly between the countries, and can sometimes be an expensive affair. In this article, we give an overview of the permanent residency and other schemes available for foreigners wishing to reside in any of the following ASEAN states.
ASEAN Meets with Russia & China; Discusses SCO & EAEU
Russian Foreign Minister Sergey Lavrov has been meeting with ministers from the ASEAN bloc of countries in Singapore this past week in preparations for the ASEAN 2018 summit due to be held in November. Several plenary sessions were held, with China’s Foreign Minister Wang Yi also in attendance. Neither Russia nor China is members of ASEAN, […]