ASEAN

Singapore Revises M&A Tax Allowances

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The Inland Revenue Authority of Singapore have released their revised e-Tax Guide today, which outlines changes to the country’s M&A tax relief scheme, including stamp duty relief and double taxation deductions.

Political Unrest Weighs on Thailand’s Economy

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Thailand’s political gridlock has struck a blow to the country’s economic progress following the ousting of Prime Minister Yingluck Shinawatra, with Moody’s rating agency calling it a “credit negative” event.

Conflict in the East Sea Dominates Recent ASEAN Summit

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Vietnam’s Deputy Prime Minister and Chief Foreign Minister, Pham Binh Minh, has revealed that one of the key topics at the recent 24th Association of Southeast Asian Nations Summit was the issue of the recent events between Vietnam and China over the East Sea.

Singapore’s Trade Minister Talks Up Free Trade Agreements

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Singapore’s Trade Minister praised the city-state’s participation in regional and global trade deals that will help position the country as a nexus for international business.

Praise for the U.S. – Philippines Partnership for Growth

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During his visit to the Philippines last week, U.S. President Obama reaffirmed the United States’ commitment to economic cooperation with the Philippines and highlighted the ongoing role of the U.S.-Philippines Partnership for Growth for continued economic and policy support.

Vietnam Online – Understanding Vietnam’s E-commerce Market

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Vietnam, like much of Asia, has a growing middle class which, in-turn, is spawning a strong consumer culture. Within the country, e-commerce is fast becoming the preferred method of shopping, particularly among the young.

Tax Hike Makes Luxury Cars in Indonesia Even More of a Luxury

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Regulations issued by the Indonesian Ministry of Finance hike the luxury-goods sales tax (LCT) on luxury cars by two-thirds to 125 percent.

May 2014 ASEAN Regional Meetings

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There are a number of important ASEAN regional meetings taking place in May, including the ASEAN-Australia-New Zealand Free Trade Agreement Joint Committee Meeting and the ASEAN Labour Ministers Meeting.

An Introduction to Doing Business in Vietnam 2014 (Second Edition)

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An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.

Internet Speeds Across ASEAN

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According to the results of an analysis by ASEAN DNA, only two ASEAN member states – Singapore and Thailand – currently have internet speeds above the global average of 17.7 Mbps.

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