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.
Russian Foreign Minister Sergey Lavrov has been meeting with ministers from the ASEAN bloc of countries in Singapore this past week in preparations for the ASEAN 2018 summit due to be held in November. Several plenary sessions were held, with China’s Foreign Minister Wang Yi also in attendance. Neither Russia nor China is members of ASEAN,[…..]
The second largest economy of Southeast Asia, Thailand has one of the region’s highest number of internet users. Read our latest article to learn about the growing opportunities in Thailand’s booming e-commerce sector.
With the Eastern Economic Corridor (EEC), Thailand hopes to develop its eastern provinces of Chonburi, Rayong, and Chachoengsao into a leading ASEAN economic zone for technological manufacturing and services with strong connectivity to its ASEAN neighbors by land, sea and air. Read more about this mega project in our latest article.
In this article, we look at recent updates to the Singapore-Australia Free Trade Agreement (SAFTA) and their implications for the trade and investment relations between the two countries.
Thailand’s Board of Investment (BOI) offers a range of tax and non-tax incentives to foreign companies making investments in the country. In this article, we discuss the various tax and non-tax incentives on offer for foreign investors in Thailand.
The Philippines’ FTA with the European Free Trade Association, which will come into force on June 1, 2018 for the Philippines and Switzerland, will significantly benefit businesses exporting goods from the Philippines to the EFTA member states. Read more in our latest article.