With an average growth rate of 6.3 percent over the past five years, the Philippines is now among the fastest growing economies in Asia. Read more about the Philippines’ latest FDI trends and outlook for 2019 in our latest article.
Labuan offers the benefit of low tax regimes while retaining the protection of Malaysia’s laws and regulations. Read more about how the island is diversifying its financial portfolio of offerings to other niche areas.
The latest issue of ASEAN Briefing Magazine titled, “Growing Opportunities for Foreign Investors in Indonesia”, is out now and available to subscribers as a complimentary download in the Asia Briefing Publication Store.
Singapore and China has signed an upgrade of their bilateral Free Trade Agreement (FTA). The expanded trade pact is expected to deepen trade and investment between the two countries, while affording Singaporean firms expanded market access in China.
The European Union (EU) and the Republic of Singapore has signed a free trade pact – the EU-Singapore Free Trade Agreement (EUSFTA) – to deepen their economic relations and trade ties. The trade pact signals both sides’ strong commitment to free trade at a time of increasing protectionism and is also seen as a prelude to a future FTA between the EU and the Association of Southeast Asian Nations (ASEAN).
Myanmar’s commerce ministry recently issued a call for investments in economic zones that are planned to be set up on the country’s border with China. Read our latest article to find out where these zones will be located and how they would impact trade and investment between the two countries.
In recent years, tariff reductions have significantly increased the profitability of establishing regional supply chains within the ASEAN region. To implement operations successfully, careful attention must be paid to rules pertaining to local content and sourcing of inputs. Read more for detailed analysis on the ASEAN Trade in Goods Agreement.
The two-day Singapore Ministerial meeting of the proposed Regional Comprehensive Economic Partnership (RCEP) free trade agreement concluded recently. Read our latest article to know more about its key outcomes.
Despite rising salaries, minimum wages in the majority of ASEAN countries remain significantly lower than those in the developed economies of the world. In this article, we highlight the latest statutory minimum wage levels in each of the ASEAN states with the exception of Brunei and Singapore, which do not have a mandatory minimum wage.
Over the last decade, Indonesia’s special economic zones (SEZs) and industrial estates have grown multi-fold. In this article, we discuss the incentives offered by Indonesia to facilitate investment in these zones.