ASEAN Briefing News

ASEAN’s Leading Manufacturing Destinations

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ASEAN manufacturers can be divided into those that have invested in mid- and high-tech manufacturing and those which are concentrated in low- or no-tech assembly. In this article, we look at ASEAN’s leading manufacturing destinations, including Singapore, Malaysia and Thailand.

Foreign Ministers Rekindle Interest in EU-ASEAN FTA

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Foreign ministers attending the 20th EU-ASEAN Ministerial Meeting in Brussels last week have raised the possibility of resuming negotiations for an EU-ASEAN free trade agreement once the ASEAN Economic Community comes into effect at the end of 2015.

August 2014 ASEAN Regional Meetings

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There are a number of important ASEAN regional meetings taking place in August, including the 46th ASEAN Economic Ministers Meeting, the RCEP Ministers Meeting and the ASEAN-Hong Kong Free Trade Agreement Trade Negotiation Committee Meeting.

Singapore Promotes Green Energy Research and Development

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The Singaporean government announced this morning that it has pledged US$80 million to fund two new research and development R&D initiatives within the energy sector.

Indonesia’s Election Results Boost Economic Optimism

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Joko Widodo, the former governor of Jakarta, was declared the next president of Indonesia last week, leaving foreign investors optimistic about the country’s economic prospects and triggering a favorable reaction from the rupiah.

Singapore Strengthens Investor Protections

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The Monetary Authority of Singapore (MAS) has proposed new measures to improve investor protection, including extending current regulatory safeguards to cover non-conventional investment products and making it mandatory for all investment products to be rated according to their complexity and risk.

China-ASEAN Trade Sees Strong Growth in First Half of 2014

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Trade between China and the ASEAN nations reached US$220.69 billion in the first half of 2014, an increase of 4.8 percent compared with the same period last year, China’s Ministry of Commerce announced this week.

Manufacturing Hubs Across Southeast Asia

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ASEAN manufacturers can be divided into those that have invested in mid- and high-tech manufacturing and those which, for the time being, are concentrated in low- or no-tech assembly. In this article, we explore the market characteristics of ASEAN’s most important manufacturing destinations.

ASEAN +3 Bolsters Financial Assistance in the Region

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An expanded financial assistance pool among the ASEAN +3 nations was implemented last week, strengthening financial cooperation within the region.

Malaysia Announces Transfer Pricing Awareness Survey

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In a recent effort to collect more data on related party transactions and transfer pricing compliance, the Inland Revenue Board (IRB) has announced that it will start issuing transfer pricing awareness surveys before the commencement of a transfer pricing audit.

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