Following its rapid economic growth in the aftermath of democratic and economic reforms, Myanmar began to further facilitate the establishment of special economic zones (SEZs) to foster greater foreign investment.
Jun. 26 – With a GDP of $2.2 trillion, ASEAN is made up of over 620 million people spanning the 10 nations of Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. The region is host to the largest inflows of United States (U.S.) foreign direct investment (FDI) in Asia, and[…..]
Jun. 21 – The upcoming China-ASEAN Expo will boost trade and investment relations between China and the 10-nation ASEAN bloc. Cambodian Minister of Commerce Cham Prasidh specifically highlighted the importance of the expo for regional economic growth. “The expo is an international significant event to boost the development of ASEAN-China Free Trade Area,” Prasidh said[…..]
Investors have complained that the somewhat drastic minimum wage hikes amongst ASEAN nations have hurt the market in terms of global competitiveness. In this article we will discuss the impact of recent minimum wage changes in Indonesia on conducting business in the country.
Jun. 11 – The ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank recently established a joint initiative called the ASEAN Corporate Governance Scorecard. Corporate governance refers to the system of governance which controls and directs corporations, and monitors their actions and policies. The stated objective of the ASEAN Corporate Governance Scorecard is to:[…..]
Jun. 7 – With Chinese President Xi Jinping visiting the United States over this upcoming weekend, speculation is growing that as an olive branch to be offered to develop trust between the two countries, China might be invited to join talks over joining the Trans-Pacific Partnership. China has been highly critical of the TPP bloc,[…..]
Jun. 7 – From June 4 to 6, Singapore hosted ASEAN’s Customs Directors to greater facilitate regional coordination of their customs operations. The directors will be working to further integrate their customs processes. The customs meeting provides an annual forum to discuss strategy and policy for all ASEAN customs operations. “The meeting is an annual[…..]
A number of important meetings are being held in June that will address transportation and nuclear non-proliferation agreements among ASEAN nations, as well as meetings with other regional Asian partners. The key meetings of note for our readers are as follows.
May 29 – Japanese and Singaporean SMEs are set to receive a boost after a Memorandum of Understanding (MoU) was inked this week between SPRING Singapore, Japan Bank of International Cooperation (JBIC), and the Mizuho Corporate Bank (MHCB). The agreement will support business collaboration between the two countries through the facilitation of investment and sharing[…..]
This issue of Vietnam Briefing examines ROs – the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so.