Other Briefings
Indonesia to Provide Tax Relief to Exporters on Interest Earned from Deposits in Local Banks
Indonesia has announced that it will provide tax relief to exporters on the interest earned from deposits in local banks. The move is part of a larger policy package, launched last month, which aims to jumpstart the economy through greater investment. The performance of the country’s economy has been disappointing for some time now, and the rupiah continues to be weak, falling to its lowest level since the 1997-98 Asian Financial Crisis at the beginning of 2015.
State by State – ASEAN and Pennsylvania Trade
Pennsylvania is an important economic player within the US and the world. The state’s service industry and hi-tech manufacturers stand to benefit from the TPP and look to ASEAN as an increasingly important trade partner.
Recent Study Reveals Investor Confidence over Philippines’ Business Horizon
Despite concerns over competition and lagging demand, a recent study from the Philippine Department of Economics and Statistics reveals growing confidence from business leaders and investors alike in the nation’s economic prospects.
ASEAN Regulatory Brief: Tax Incentives for Car Manufacturers, Tax Statistics, and New Financial and Tax Incentives
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Vietnam, Singapore, and Thailand during the 1st half of October.
State by State – ASEAN and Ohio Trade
Ohio is a major state economy in the US thanks to the trade relationships Ohio-based companies have with other countries. ASEAN in particular has been a key trade partner with future potential for growing trade links under the TPP.
Indonesia to Implement Policy Package to Strengthen Lackluster Economy
As Indonesia continues to struggle with an economy that refuses to strengthen adequately, President Joko Widodo has launched a policy package intended to jumpstart economic growth in the country.
Singapore Qualifies as ASEAN Hub for Fast Track Patent Applications
Singapore is the first nation in ASEAN qualified to accept and process fast track patent applications under the Patent Cooperation Treaty (PCT). The new services provide businesses a cost effective alternative to preexisting PCT offices.
Logging On: New Internet Cable Boosts Myanmar’s Connectivity with Neighbors
Earlier this week Jiang Zhengxin – vice general manager of China United Telecommunications Corp. –revealed that the company has been contracted to construct China’s first international undersea internet cable linking China and Myanmar.
22nd Meeting of the APEC Finance Ministers: Further Financial Integration Ahead
The 22nd meeting of the Finance Ministers of the Asia-Pacific Economic Cooperation (APEC) forum was wrapped up earlier this month. The meeting focused on a range of financial and regulatory issues, as well as continuing the work of further integration of the region.
Singapore Issues Further Updates to its FATCA Regulations
The Inland Revenue Authority of Singapore (IRAS) has released new information on its website relating to compliance with the Foreign Account Tax Compliance Act (FATCA).
