ASEAN Finance Ministers Discuss Economic Integration Amidst Regional Tensions
ASEAN finance ministers gathered in Manila on Tuesday at the 10th ASEAN Finance Ministers’ Investors Seminar to discuss various political and economic issues, and to finalize the framework for 2015 economic integration.
Summary of Joint Statements Announced During the 24th ASEAN Summit
The 24th ASEAN Summit, which took place last week, brought together the ASEAN nations to promote greater economic and political cooperation. In this article, we review the important agenda points from the event.
Singapore’s Trade Minister Talks Up Free Trade Agreements
Singapore’s Trade Minister praised the city-state’s participation in regional and global trade deals that will help position the country as a nexus for international business.
Tax Hike Makes Luxury Cars in Indonesia Even More of a Luxury
Regulations issued by the Indonesian Ministry of Finance hike the luxury-goods sales tax (LCT) on luxury cars by two-thirds to 125 percent.
May 2014 ASEAN Regional Meetings
There are a number of important ASEAN regional meetings taking place in May, including the ASEAN-Australia-New Zealand Free Trade Agreement Joint Committee Meeting and the ASEAN Labour Ministers Meeting.
RMB Builds Presence in ASEAN as Singapore Becomes Second Largest Clearing Center
Singapore has reclaimed the ranking of second largest clearing center for Renminbi in the world. Only Hong Kong has a greater share of the market.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
Internet Speeds Across ASEAN
According to the results of an analysis by ASEAN DNA, only two ASEAN member states – Singapore and Thailand – currently have internet speeds above the global average of 17.7 Mbps.
East Java Attracts Second Largest Amount of FDI in Indonesia
The Indonesian province of East Java attracted US$3.39 billion in foreign direct investment in 2013, the second largest amount in the country after Jakarta, the capital of Indonesia. This amount represented a growth of 91.5 percent over 2010.
Foreign Direct Investment in ASEAN – Key Findings
Developing countries in Southeast Asia gain much more economic benefits when they increase allowable foreign ownership, which leads to higher FDI inflows, according to the East Asia Pacific Economic Update release by the World Bank at the beginning of this month.