Other Briefings
ASEAN Regulatory Brief: GST and Income Tax Exemptions, FTA, Tightening Inheritance and Gift Tax Regulations
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Malaysia, Indonesia, the Philippines, and Thailand during the month of July.
July 2015 ASEAN Regional Meetings
There are a number of important ASEAN regional meetings taking place in July, including the ASEAN-European Union Senior Officials’ Meeting taking place in Brussels, and the 7th Meeting of the High Level Task Force (HLTF) on ASEAN Community’s Post-2015 Vision taking place in Singapore.
Indonesian Yarn Manufacturers Seek Safeguards to Prevent Foreign Yarn Dumping
Led by the Indonesian Synthetic Fiber Association (ISFA), yarn manufacturers in Indonesia are petitioning their government to impose a temporary safeguard duty on imported yarn products.
Thailand Economic Growth to be Curtailed in 2015, 2016 to be Brighter
Thailand’s central bank and HSBC have both lowered their growth forecasts for Thailand in 2015. However, both banks have raised their economic outlooks for 2016. In 2014, Thailand’s economy grew at its slowest pace in three years and has failed to recover so far this year.
ASEAN Regulatory Brief: RCEP, Import Tax, Inheritance tax, SEZs, Soft Drinks Tax, and Fuel Tax
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in the ASEAN-RCEP trade negotiations, Thailand, Malaysia, and the Philippines during the month of June.
Singapore to Impose New Individual Income Tax Rates in 2017
Singapore’s Inland Revenue Authority has announced that, beginning in 2017, there will be new income tax rates for both resident and non-resident individuals in the country. Many of those affected will see their tax rates increase.
Indonesia to Change Luxury Goods Tax, Mulls Raising PIT-Exempt Threshold
Several items will soon be exempt from Indonesia’s luxury tax. The country is also considering raising the individual income tax-free allowance by 50%.
EU Gets a Handle on Cambodian Re-Exported Bicycles with New Tariff
The European Union has imposed a 48.5 percent duty on Cambodian bicycle exports to put the brakes on Cambodia flooding the market with Chinese-sourced models dumped in the single market at below cost price.
Learning from Experience: How to Hire Interns in Singapore
With its strong economy and low unemployment rate (just 1.8 percent in Q1 2015), Singapore is an attractive destination for internships, but hiring companies will have to be fully versed in the jurisdiction’s idiosyncratic regulatory framework. In this article, we detail the main ways corporations in Singapore can lawfully take on trainees and students.
State by State – ASEAN and Wisconsin Trade
For a north-eastern State a long way from South-East Asia, the trade relationship between Wisconsin and ASEAN is remarkably robust, with a growing element of the dairy industry now finding its way to new export markets in Asia. In 2012, Wisconsin exported US$1.14 billion in goods and services to ASEAN nations, of which some US$900 million were consumer goods.
