China SOEs Bid On Philippines Clark International Airport Development
Chinese State Owned Enterprises (SOEs) have been prominent in bidding on development contracts aligned with China’s Belt & Road Initiative. Read how Chinese SOEs are bidding on the design and development contract for the Clark Airforce base in the Philippines in our latest article.
Malaysia Foreign Knowledge Worker Projections for 2018
The Malaysia Digital Economy Corporation (MDEC) on December 8, 2017 began accepting requests for foreign knowledge worker (FKW) projections. Companies planning to apply for employment passes in 2018 must ensure that they immediately apply for approval of their 2018 FKW projection to avoid any visa disruptions.
Myanmar’s New Companies Law
On December 6, 2017, Myanmar’s President U Htin Kyaw approved the new Myanmar Companies Act, 2017, replacing the country’s century-old Companies Act of 1914. The new law seeks to modernize corporate governance in Myanmar in line with international best practices. Read more in our latest article.
ASEAN’s FTAs and Opportunities for Foreign Businesses – New Issue of ASEAN Briefing Magazine
The latest issue of ASEAN Briefing Magazine titled, “ASEAN’s FTAs and Opportunities for Foreign Businesses”, is out now and available for download in the Asia Briefing Publication Store.
Investing in Manila
Manila, the capital and main city of the Philippines, offers a variety of business possibilities in industries ranging from manufacturing to information technology (IT), and financial services. Read more in our latest article.
Malaysia’s 2018 Budget: Salient Features
On October 27, 2017, Malaysia’s Prime Minister Najib Abdul Razak tabled the country’s much anticipated 2018 budget. The budget proposes several tax incentives for investors and venture capital firms. In this article, we look at the salient features of the budget and their implications for businesses.
Investing in Cambodia’s Phnom Penh
Phnom Penh is endowed with several advantages for export-oriented manufacturing industries, such as access to cheap labor, and its connectivity with several well-established foreign markets. Read more in our latest article.
Thailand’s New Customs Act: A Relief for Importers and Exporters
Thailand’s new Customs Act will come into force from November 13, 2017. With an aim to modernize Thailand’s customs law, the revised Act will significantly ease customs procedures and bring transparency in the country’s customs law. Read more about these changes in our latest article.
Singapore’s Free Trade Agreement with Turkey Comes into Force
The much-awaited Turkey-Singapore Free Trade Agreement (TRSFTA) went into effect on October 1, this year. The agreement paves the way for freer movement of goods and services, and further investment opportunities between the two countries. Read more.
Singapore as a Payroll Processing Center for Companies in ASEAN
Companies centralizing their payroll in Singapore benefit from the country’s double advantage of housing many regional headquarters as well as the country’s strong connectivity to other ASEAN states. Read more.