ASEAN Regulatory Brief: Philippines Contractualization Law, Cambodia Customs Seal, and Malaysia Foreign Worker Levy
In this week’s ASEAN Regulatory Brief, we examine updated labor contractualization regulations in the Philippines, look at Cambodia’s new customs seal, and discuss employer obligations for foreign worker levies in Malaysia.
An Introduction to e-Commerce in Malaysia
Growth in Malaysia’s e-commerce market is projected to increase from 10.8 percent in 2016 to 20.8 percent in 2020 on the back of strong government support. As Malaysia approaches high income status, opportunities are rife for foreign investors looking to enter the rapidly digitizing country.
ASEAN Market Watch: Malaysia Hiring, Indonesia Retail, and Philippines VAT Waiver
In this week’s ASEAN Market Watch, we analyze the expansion and recovery of Malaysia’s manufacturing sector, discuss growth prospects for Indonesia’s retail sector, and look at a VAT waiver for the differently abled in the Philippines.
Donald Trump in the White House: Implications for the Future of the TPP and Free Trade in ASEAN
In this article, we examine the implications of Donald Trump’s victory in the US presidential elections for the future of the Trans-Pacific Partnership (TPP) and Free Trade in the ASEAN region.
ASEAN Regulatory Brief: Singapore GST Audits, Philippines Dormant Bank Accounts, and Malaysia-China Bilateral Ties
In this week’s ASEAN Regulatory Brief, we highlight Singapore’s GST audits, rules on dormant deposits in the Philippines and Malaysia’s bilateral relations with China.
ASEAN Market Watch: Malaysia CIT Reduction, Indonesia Ease of Doing Business, and Cambodia Rice Exports
In this week’s ASEAN Market Watch, we discuss corporate income tax reductions for profit-making companies in Malaysia, highlight Indonesia’s improved Ease of Doing Business ranking, and analyze Cambodia’s rice exports to Indonesia.
ASEAN Regulatory Brief: Singapore-India Tax Treaty, Foreign Ownership of Property in Indonesia, and Malaysia Halal Food Certification
In this week’s ASEAN Regulatory Brief, we highlight the Singapore-India tax treaty, property prices for expatriates in Indonesia and Halal food certification in Malaysia.
ASEAN Market Watch: Malaysia Tourism, Thailand’s Railway Network, and Laos’ Economic Growth Forecast
In this week’s ASEAN Market Watch we discuss increasing Chinese tourism in Malaysia, highlight plans for expansion of Thailand’s railway net work, and analyze economic growth forecasts for Laos.
Indirect Taxation Across ASEAN
VAT and GST rates within ASEAN vary widely between member states – from 12 percent in the Philippines to countries which do not currently levy these taxes at all, such as Laos and Myanmar. For those considering investment, GST, VAT, and other taxation tied to the purchase of specific goods should be watched closely.
Malaysia Announces 70% Tax Exemption for Shipping Industry
Malaysia is one of the most prolific traders within the ASEAN bloc. Helping to ensure the longevity of this position, the country has introduced a 70 percent tax incentive for those in the shipping industry. Understand the particulars of these incentives and learn how you may benefit.