Sparking Excitement: Investment Opportunities in ASEAN’s Electronics Industry
Conditions are ripe for investment in ASEAN’s electronics industry. Global demand has risen by an average of nine percent over the past five years, and the AEC and TPP will offer investors new opportunities in the sector.
ASEAN Regulatory Brief: Thai Interest Rates, Myanmar’s Anti-Money Laundering Measures, and New Links for the Philippines’ Stock Exchange
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place recently in Thailand, Myanmar, and the Philippines.
Understanding Laos’ Special Economic Zones: Untapped Potential
For the past decade, Laos, one of the smaller economies in Southeast Asia has seen economic growth at a rapid rate of 7-8%. The country has been able to do this by taking advantage of its cheap labor, and implementing an SEZ policy.
ASEAN Regulatory Brief: Tax Incentives for Car Manufacturers, Tax Statistics, and New Financial and Tax Incentives
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Vietnam, Singapore, and Thailand during the 1st half of October.
State by State – ASEAN and Ohio Trade
Ohio is a major state economy in the US thanks to the trade relationships Ohio-based companies have with other countries. ASEAN in particular has been a key trade partner with future potential for growing trade links under the TPP.
Logging On: New Internet Cable Boosts Myanmar’s Connectivity with Neighbors
Earlier this week Jiang Zhengxin – vice general manager of China United Telecommunications Corp. –revealed that the company has been contracted to construct China’s first international undersea internet cable linking China and Myanmar.
Singapore Issues Further Updates to its FATCA Regulations
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
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.
The Philippines to Reduce Corporate and Personal Income Tax Rates
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.
Norway Enters into Formal Partnership with ASEAN
Norway has become the first European country to enter into a formal partnership with the ASEAN trading bloc. The northern European country has been accepted as a Sectoral Dialogue Partner, a move that was announced at the recent ASEAN meeting in Kuala Lumpur.The ASEAN free trade area includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.