Other Briefings
Personal Income Tax in ASEAN: a Guide to 2017 Rates
Personal income tax, or PIT as it is commonly referred, is a tax levied on all wage earners within a given jurisdiction. In the following article, we outline PIT tax brackets in individual member states of ASEAN.
Malaysia’s FDI Outlook for 2017: Trends and Opportunities
Malaysia is one of the most stable countries in Asia in terms of economic and operational risk. Read why the prospects for FDI in 2017 remain bright and where opportunities for investment may be growing.
ASEAN Market Watch: Malaysia Manufacturing, Philippines Economic Freedoms, and Singapore SME Digitization
In this week’s ASEAN Market Watch, we look at Malaysia’s manufacturing environment, examine the state of Philippines’ economic freedoms and highlight SME digitization initiatives in Singapore.
Philippines’ Finance Secretary Recommends 7 Percent Corporate Income Tax Cut
The Philippines’ Finance Secretary, Carlo Dominguez, has recommended a corporate income tax rate of 25 percent, reduced from the current 32 percent as part of the Government’s Comprehensive Tax Reform Program (CTRP).
Getting a Grip on Malaysia’s Rubber Glove Industry
About 133.6 billion pieces of rubber gloves – 63 percent of the world total – came from Malaysia in 2016, as the Southeast Asian nation has carved a niche in the industry. Exports were worth an estimated RM 14.3 billion, continuing the country’s streak as the world leader in rubber glove production for over two decades running.
Investing in the Philippines: What to Expect in 2017
FDI into the Philippines reached US$6.2 billion through the first 10 months of 2016 – a 22.2 percent increase over the US$5.1 billion accumulated over the same period in 2015. The Philippines’ strong economic performance is projected to continue in 2017 on the back of tax reforms, domestic spending, infrastructure development, and remittances.
Sourcing Talent in ASEAN: A Guide to Regional Opportunities
With over 625 million inhabitants spanning 10 member states, ASEAN is endowed with a diverse workforce capable of supporting a multitude of manufacturing and service based investments. In this extract from the latest issue of ASEAN Briefing Magazine, we look at sourcing talent in Southeast Asia.
ASEAN Market Watch: Renaming of MSCI Indexes, Growth in the Philippines, and Construction Boom in Cambodia
In this week’s ASEAN Market Watch, we consider the renaming of MSCI South East Asia Indexes, look at projected growth figures for the Philippines, and examine Cambodia’s recent construction boom.
Making Sense of Thailand’s Foreign Business Act
The Foreign Business Act is the predominant legislation governing foreign investment in Thailand, and has recently been amended to open more industries to overseas investors. This article outlines the key features of the Foreign Business Act, including the recent update and its implications.
Evaluating Cambodia’s Tax Reform
Cambodia’s recent tax reforms, which aim to introduce small and medium sized taxpayers into the formal economy, have been called the country’s most significant in decades. Here, we look at updated tax tiers, Tax on Profit and Tax on Salary rates, and other recent developments in Cambodia’s tax regime.
