Malaysia’s 2018 Budget: Salient Features
On October 27, 2017, Malaysia’s Prime Minister Najib Abdul Razak tabled the country’s much anticipated 2018 budget. The budget proposes several tax incentives for investors and venture capital firms. In this article, we look at the salient features of the budget and their implications for businesses.
Payroll Outsourcing in Singapore: Allowing Companies to Focus on Regional Expansion in ASEAN
Payroll outsourcing effectively reduces a firm’s overall liabilities and costs, and ensures that more time and resources get spent on critical business functions. In this article, we discuss the various benefits of outsourcing ASEAN payroll to a reliable third-party payroll processing provider in Singapore.
Investing in Cambodia’s Phnom Penh
Phnom Penh is endowed with several advantages for export-oriented manufacturing industries, such as access to cheap labor, and its connectivity with several well-established foreign markets. Read more in our latest article.
Thailand’s New Customs Act: A Relief for Importers and Exporters
Thailand’s new Customs Act will come into force from November 13, 2017. With an aim to modernize Thailand’s customs law, the revised Act will significantly ease customs procedures and bring transparency in the country’s customs law. Read more about these changes in our latest article.
Singapore’s Inward Re-Domiciliation Regime: What You Need to Know
One of the key amendments to the Singapore Companies Act, the inward re-domiciliation regime allows foreign companies to relocate their business headquarters to Singapore instead of setting up subsidiaries, without losing their corporate history or brand identity. Read more in our latest article.
Singapore’s Free Trade Agreement with Turkey Comes into Force
The much-awaited Turkey-Singapore Free Trade Agreement (TRSFTA) went into effect on October 1, this year. The agreement paves the way for freer movement of goods and services, and further investment opportunities between the two countries. Read more.
IP Protection in the Philippines Pharmaceutical Industry
In this article, South-East Asia IPR SME Helpdesk discusses the strategies foreign companies should adopt to enforce their intellectual property rights in the Philippines pharmaceutical industry.
Singapore as a Payroll Processing Center for Companies in ASEAN
Companies centralizing their payroll in Singapore benefit from the country’s double advantage of housing many regional headquarters as well as the country’s strong connectivity to other ASEAN states. Read more.
Malaysia-Thailand Trade and Economic Relations
Malaysia and Thailand, both active members of the Association of Southeast Asian Nations (ASEAN), enjoy cordial diplomatic relations and share strong bilateral ties in several areas, including in trade and investment. Read more.
Thailand Launches New Online Service for Work Permits and Visas
Thailand’s Board of Investment (BOI) has launched a new online visa service for BOI-registered companies in order to ease the visa application process. Under the new system, authorities will issue an electronic work permit to the applicants instead of the work permit booklet currently in use.