Other Briefings
Indonesia-Singapore Bilateral Investment Guarantee Agreement to Expire
The bilateral agreement signed by Indonesia and Singapore in 2005 will not be renewed by Indonesia, and is set to expire on June 20, 2016. This bilateral agreement, commonly known as an investment guarantee agreement (IGA), grants protection to Singaporean investors.
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.
ASEAN Regulatory Brief: Airport Services, GST, Fuel Subsidies, and Tax Incentives
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Thailand, Malaysia, the Philippines, and Indonesia during the months of May and June.
State by State – ASEAN and Illinois Trade
Read an in-depth look at the burgeoning trade relationship between Illinois and ASEAN, and the opportunities this brings for your business.
June 2015 ASEAN Regional Meetings
There are a number of important ASEAN regional meetings taking place in June, including the ASEAN Senior Officials’ Meeting held in Malaysia, and the 5th and 6th Meetings of the High Level Task Force (HLTF) on ASEAN Community’s Post-2015 Vision held in Myanmar and Indonesia respectively.
Malaysian PM Strongly Supports Goods and Services Tax
A range of Malaysian politicians have strongly criticized the country’s recently implemented goods and services tax (GST), causing Prime Minister Najib to step into the fray and reiterate his reasons for the new tax.
Brunei Seeks to Improve Business Environment, Diversify Economy Ahead of AEC Compliance
Brunei has acknowledged the need to diversify its economy away from its current focus on oil and gas industries, particularly with the ASEAN Economic Community soon to be implemented. As such, the government is attempting to foster the creation of new core industries and attract greater foreign investment. The governmental plan “Vision 2035” is part of the official attempt to create a more attractive business environment by developing a stable and economic climate in the country.
Malaysia Delays FATCA Compliance
Malaysia’s Inland Revenue Board (IRB) has deferred the filing deadline for the country’s financial institutions to comply with the 2014 reporting year under the United States Foreign Account Tax Compliance Act (FATCA). The new deadline has been set for June 30, 2015.
State By State – ASEAN and Rhode Island
Read an in-depth look at the burgeoning trade relationship between Rhode Island and ASEAN, and the opportunities this brings for your business.
