Other Briefings
Singapore’s RMB Business Up 80% in Three Months
Singaporean banks, arguably the financial apex of ASEAN, have reported an 80 percent increase in the number of local companies using China’s national currency, the renminbi (RMB), to settle transactions.
New Issue of Asia Briefing: An Introduction to Tax Treaties Throughout Asia
In this issue of Asia Briefing Magazine, we look at the various types of trade and tax treaties that exist between Asian nations. These include bilateral investment treaties and also the meatier double tax treaties and free trade agreements that directly affect businesses operating in Asia.
ASEAN SMEs Bolstered After Singapore-Japan MoU
May 29 – Japanese and Singaporean SMEs are set to receive a boost after a Memorandum of Understanding (MoU) was inked this week between SPRING Singapore, Japan Bank of International Cooperation (JBIC), and the Mizuho Corporate Bank (MHCB). The agreement will support business collaboration between the two countries through the facilitation of investment and sharing […]
How to Avoid Double Taxation in Vietnam
May 23 – Both foreign and domestic residents of Vietnam are able to obtain reductions and exemptions on their taxes through a variety of different methods. Thanks to the DTAAs that Vietnam has, the tax reductions and exemptions you may be subject to are easy to understand and to take advantage of – all you […]
Introduction to Double Taxation Avoidance in Vietnam
May 16 – With regard to international trade, the various countries’ tax systems oftentimes put global investors in the unfavorable position of having to face redundant taxes on their income —i.e., double taxes . For example, a company may be subject to taxes in its country of residence and also in the countries where it […]
First Round of RCEP Negotiations Conclude
The first round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) wrapped up on Sunday after being launched by the Association of Southeast Asian Nations (ASEAN) and six free trade agreement (FTA) partners last week.
FTSE & ASEAN Join Together Over Joint Indices
May 10 – The FTSE Group and five ASEAN stock exchanges (the Bursa Malaysia Exchange, the Indonesian Stock Exchange, the Philippines Stock Exchange, the Singapore Stock Exchange and the Stock Exchange of Thailand) have joined forces to launch a unique and innovative set of indices known as the FTSE/ASEAN Index series. The FTSE/ASEAN venture provides […]
Indonesia Ponders TPP Membership
The Indonesian government has shown interest in joining the United States-led Trans-Pacific Partnership (TPP), saying that its entry into the TPP negotiations would depend on trade agreements with key partners in the region.
Timor Leste Looks to Join ASEAN
Indonesian Foreign Minister Marty Natalegawa said last Friday that the Association of Southeast Asian Nations (ASEAN) will allow Timor Leste to partake in future ASEAN meetings and summits. ASEAN member states have increasingly taken an interest in approving Timor Leste to be ASEAN’s 11th member.
Hong Kong to Sign Free Trade Agreement with ASEAN
Leaders of the Association of Southeast Asian Nations (ASEAN), who recently met in Brunei, are set to approve a decision by their economic ministers to expand trade ties with Hong Kong through the signing of a free trade agreement.
