ASEAN Briefing News

Singapore Issues Further Updates to its FATCA Regulations

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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).

Eurasian Economic Union (EAEU) plans FTA expansion within ASEAN

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The Eurasian Economic Union is actively working to improve its trade relationships with ASEAN members ahead of the ASEAN Economic Community’s completion this December. In this article, we analyze how far the EAEU has advanced relations with individual ASEAN nations.

Indonesian FDI Highest Among ASEAN Members in First Half of 2015

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With growing uncertainty over China’s economic stability, recent FDI statistics released by the Financial Times come as a reassurance that investors are taking a more pragmatic, nuanced approach towards risk mitigation in Asia.

ASEAN Regulatory Brief: Asian Infrastructure Investment Bank, Malaysia-Slovakia DTA, EU-Vietnam FTA Cuts Tariffs on Meats

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In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in ASEAN, Malaysia, and Vietnam.

The Philippines to Reduce Corporate and Personal Income Tax Rates

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The Philippines’ government is set to approve a bill that will reduce the country’s corporate and personal income tax rates. Once implemented, the lowered rates are expected to be a boon for low and middle-income earners.

Myanmar to Commercially Tax All Transactions on Yangon Stock Exchange

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According to the Securities and Exchange Commission of Myanmar (SECM), all transactions on the soon to be opened Yangon Stock Exchange (YSX) will be commercially taxed.

Asian Highway to Link India, Myanmar, and Thailand

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A new section of the planned Asian highway linking India, Myanmar, and Thailand has become operational. The 25.6 kilometer roadway will reduce travel time between Thinggan Nyenaung and Kawkareik from three hours to 45 minutes.

ASEAN Region Poised for Increased Foreign Investment as China’s Economy Slows

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As China’s once unparalleled economic growth begins to cool, investors are increasingly looking to diversify their assets in Southeast Asia. In this article we provide an overview of the promising trends major ASEAN markets as based on this Business Optimism Index.

ASEAN Regulatory Brief: ASEAN Economic Ministers Meeting, Upcoming DTA, and Expanded Tax Incentives

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In this ASEAN Regulatory Brief, we look at some of the important outcomes from the recent Meeting of the ASEAN Economic Ministers, as well as highlighting regulatory changes taking place in Singapore and Indonesia.

ASEAN and China Continue Negotiations on Expanded FTA

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ASEAN and China have announced that they expect to complete their negotiations on an expanded free trade agreement (FTA) by November of this year. The announcement was made on August 23 during the 47th Association of Southeast Asian Nations Economic Ministers’ Meeting. During the recent gathering, the economic ministers of the ASEAN nations met with China’s Minister of Commerce, Gao Hucheng.

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