Other Briefings
Indonesia Increases Interest Rate for Second Time in Two Weeks to Boost Flagging Rupiah
Bank Indonesia (BI), the country’s central bank recently raised its key interest rate for the second time within a span of just two weeks. The move is seen as an attempt to arrest the volatility of the Rupiah, the country’s currency as well as to prevent the outflow of capital from the archipelagic nation.
Thailand’s Eastern Economic Corridor – What You Need to Know
With the Eastern Economic Corridor (EEC), Thailand hopes to develop its eastern provinces of Chonburi, Rayong, and Chachoengsao into a leading ASEAN economic zone for technological manufacturing and services with strong connectivity to its ASEAN neighbors by land, sea and air. Read more about this mega project in our latest article.
Singapore-Australia FTA: Impact of Recent Updates
In this article, we look at recent updates to the Singapore-Australia Free Trade Agreement (SAFTA) and their implications for the trade and investment relations between the two countries.
Tax Compliance in ASEAN in 2018
In this article, we analyze the ease or burden of tax compliance in ASEAN in 2018 and beyond. We discuss aspects ranging from time and documentation to the effectiveness of government policies for the benefit of would-be investors.
Taxation in ASEAN: An Introduction
In this article, we highlight the salient features of the taxation regimes of the individual member states of ASEAN. We examine the various forms of taxation within ASEAN while highlighting their regional variations.
Design Rights Protection in South East Asia
In this article, South-East Asia IPR SME Helpdesk highlights the measures companies should adopt to protect their design rights in ASEAN.
Key Highlights of Cambodia-China Double Taxation Treaty
The China-Cambodian Double Taxation Treaty (DTT) entered into force on January 26, 2018, and will be applicable to income received on or after January 1, 2019. Read our article to know about the key highlights of the treaty.
Laos Increases Minimum Monthly Wage for the Third Time in Eight Years
The Lao government has increased the country’s monthly minimum wage from Kip 900,000 (US$108) to Kip 1,100,000 (US$132) with effect from May 1, 2018. While this is the third such raise in the last eight years, the revised wages are still significantly lower than those in neighboring countries in ASEAN.
The Philippines’ FTA with the European Free Trade Association Enters into Force in June
The Philippines’ FTA with the European Free Trade Association, which will come into force on June 1, 2018 for the Philippines and Switzerland, will significantly benefit businesses exporting goods from the Philippines to the EFTA member states. Read more in our latest article.
Myanmar’s Daily Minimum Wage Increased from Kyat 3,600 to Kyat 4,800
Myanmar’s union government has increased the country’s daily minimum wage for an eight-hour work day from Kyat 3,600 (US$2.65) to Kyat 4,800 (US$3.54). The wage increase is the first since Myanmar introduced a minimum wage as part of the government’s labor market reforms in 2015.
