Termination of Employees in ASEAN
In this article, we provide a brief overview of statutory regimes with respect to employment termination in the five major ASEAN countries – Indonesia, Malaysia, the Philippines, Singapore and Thailand.
Threading the Needle: the Rise of Myanmar as a Garment Manufacturing Alternative
Myanmar’s clothing exports have grown from US$337 million in 2010 to US$1.46 billion in 2015, and could reach US$12 billion by 2020. Learn about opportunities for foreign investment in Myanmar’s burgeoning garment industry, and the driver’s of the country’s growing competitiveness.
Myanmar Plans Economic Zones on Chinese Border
Myanmar’s commerce ministry recently issued a call for investments in economic zones that are planned to be set up on the country’s border with China. Read our latest article to find out where these zones will be located and how they would impact trade and investment between the two countries.
Cambodia’s Garment Manufacturing Industry
Cambodia’s garment manufacturing industry is largely export-oriented and highly integrated into global supply chains. In this article, we briefly discuss the main characteristics of the garment manufacturing industry in Cambodia and the advantages it offers to foreign investors.
Bank Indonesia to Standardize QR Code Payment
Quick Response Code (QR Code) is increasingly being used as one of the digital payment methods in Indonesia. In view of this, Bank Indonesia (BI) plans to issue a regulation related to standardization of QR Code payment in the country.
Singapore: Key Legislative Changes on AGMs and Annual Returns
With effect from August 31, 2018, three key legislative changes have been made to the Singapore compliance landscape in a bid to uphold the country’s business-friendly reputation. Read our latest article to know what these key amendments are.
Transfer Pricing in Thailand
The current law in Thailand requires taxpayers to be able to justify on any Thai Revenue Department review that both domestic and international related party transactions have been carried out at ‘market price’. Read more in this article from JNP Legal.
Indonesia Eases Tax Holiday Policy for New FDI Projects in All Sectors
In a bid to attract more investment to support the country’s economic growth, Indonesia recently issued a new regulation granting a 100 percent Corporate Income Tax (CIT) cut to new FDI-backed businesses across all sectors. Read our latest article to know more.
ASEAN Trade in Goods Agreement: Local Content Requirements
In recent years, tariff reductions have significantly increased the profitability of establishing regional supply chains within the ASEAN region. To implement operations successfully, careful attention must be paid to rules pertaining to local content and sourcing of inputs. Read more for detailed analysis on the ASEAN Trade in Goods Agreement.
Indonesia Market Entry Models: Representative Office
There are two main market entry options available for foreign investors looking to expand into Indonesia: a Limited Liability Company and a Representative Office. In this article, we discuss the Representative Office.