Investing in the Philippines: What to Expect in 2017
FDI into the Philippines reached US$6.2 billion through the first 10 months of 2016 – a 22.2 percent increase over the US$5.1 billion accumulated over the same period in 2015. The Philippines’ strong economic performance is projected to continue in 2017 on the back of tax reforms, domestic spending, infrastructure development, and remittances.
ASEAN Regulatory Brief: Money Lending in the Philippines, Palm Oil Tax in Malaysia, and Visa Policy Review in Indonesia
In this week’s Regulatory Brief, we look at the Philippines’ tightened money lending rules, examine Malaysia’s new palm oil tax, and consider the Indonesian government’s review of its visa free policy.
Sourcing Talent in ASEAN: A Guide to Regional Opportunities
With over 625 million inhabitants spanning 10 member states, ASEAN is endowed with a diverse workforce capable of supporting a multitude of manufacturing and service based investments. In this extract from the latest issue of ASEAN Briefing Magazine, we look at sourcing talent in Southeast Asia.
ASEAN Market Watch: Renaming of MSCI Indexes, Growth in the Philippines, and Construction Boom in Cambodia
In this week’s ASEAN Market Watch, we consider the renaming of MSCI South East Asia Indexes, look at projected growth figures for the Philippines, and examine Cambodia’s recent construction boom.
Making Sense of Thailand’s Foreign Business Act
The Foreign Business Act is the predominant legislation governing foreign investment in Thailand, and has recently been amended to open more industries to overseas investors. This article outlines the key features of the Foreign Business Act, including the recent update and its implications.
ASEAN Regulatory Brief: Indonesia Transfer Pricing Rules, Singapore-Laos Cooperation, and Thailand 4.0 Strategies for SOEs
In this week’s ASEAN Regulatory Brief, we look at new transfer pricing documentation requirements in Indonesia, growing cooperation between Singapore and Laos, and Thailand 4.0 strategies for state-owned enterprises.
Singapore and India to Include Limitation of Benefits in DTAA Amendment: Implications for Foreign Investors
On April 1, 2017, Singapore and India’s amended Double Taxation Avoidance Agreement will come into effect, including a Limitation of Benefits clause. Find out more about what this clause includes and what its implications are on bilateral trade between Singapore and India.
Evaluating Cambodia’s Tax Reform
Cambodia’s recent tax reforms, which aim to introduce small and medium sized taxpayers into the formal economy, have been called the country’s most significant in decades. Here, we look at updated tax tiers, Tax on Profit and Tax on Salary rates, and other recent developments in Cambodia’s tax regime.
ASEAN Market Watch: Indonesia Seeks Engineers, ASEAN ICT Masterplan, and Singapore-Malaysia High Speed Rail
In this week’s Market Watch, we look at Indonesia’s shortage of engineers, Philippines’ manufacturing services, ASEAN’s ICT Masterplan, and the Singapore-Malaysia High Speed Rail.
Investing in Myanmar: Recent Developments and Future Outlook
Myanmar has sprung onto the radar of foreign investors in recent years as one of Asia’s last frontier markets. Favorable demographics, an advantageous location, and rich natural resources – along with the introduction of substantial economic reforms – make Myanmar an intriguing investment destination.