ASEAN Legal and Tax Alert: Developments in Mekong Tax & Financing
Recent events have seen significant movement in tax and financing regulation within the Mekong region. Read more for analysis on Thailand’s Business Collateral Act, Myanmar’s Union Tax Law of 2016, and Cambodia’s most recent guidance on VAT invoicing.
ASEAN Regulatory Brief: Cambodian Corruption, Due Diligence in Singapore, and a Thai Uber Ban
In this week’s ASEAN Regulatory Brief we highlight efforts to improve transparency in Cambodia, discuss a recent Thai ban on Uber, and analyze stricter due diligence guidelines in Singapore.
Rodrigo Duterte’s Economic Vision: The Punisher’s Plans for the Philippines
As Philippine president-elect Rodrigo Duterte prepares to take office on June 30, investors and business people both at home and abroad are wary of how he will impact the country’s booming economy. To allay these anxieties, Duterte recently announced an eight-point economic plan.
ASEAN Market Watch: Indonesian Manufacturing, Thai E-Commerce, and the Future of ASEAN’s Digital Economy
In this week’s ASEAN Market Watch we highlight Indonesian manufacturing, take a look at the future of ASEAN’s digital economy, and discuss recent collaboration between Thai Post and E-commerce Firm Shoppe.
Understanding Tax Treatment of Representative Offices in Indonesia
In this joint analysis conducted by Dezan Shira & Associates and Winnindo Business Consult Indonesia, the issue of Representative Office Tax Treatment is explored. Read more to find out why companies such as twitter and Facebook have faced tax troubles and others may be exposed.
Labor Mobility in ASEAN: Current Commitments and Future Limitations
With the establishment of the ASEAN Economic Community (AEC) at the end of 2015, ASEAN achieved a significant milestone in the region’s growing political, economic, and cultural integration. Although ASEAN has clearly stated its goal to promote skilled labor mobility, current policies trail behind the EU and other regional initiatives.
ASEAN Regulatory Brief: Thai Insurance, Malaysian Finance Law, and Impending Tech Regulation in Indonesia
In this week’s ASEAN Regulatory Brief we highlight the regulation of e-insurance in Thailand, discuss emerging P2P finance standards in Malaysia, and analyze the likely impact of impending financial tech legislation in Indonesia.
IMF Estimates Philippine Growth to Top 6% in 2016
Spurred on by domestic demand, the Philippine economy is performing best out of the ASEAN-5, according to the IMF’s latest Regional Economic Outlook (REO). Find out how the BPO industry is a part of this trend and will continue to fuel growth into the years to come.
The State of ASEAN Aviation in 2016
As ASEAN pursues greater regional integration and the development of a single economic bloc, advancements in the region’s aviation industry are essential to boost economic connectivity and tourism.
Case Study: Routing Chilean Investments Through Singapore
Withholdings tax can be among the most inhibitive forms of compliance associated with the remittance process. Find out how your operation can benefit from double taxation treaties through a close look at routing Chilean Investments through Singapore.