Jul. 12 – Mongolia was in attendance at last week’s 20th ASEAN Regional Forum (ARF) – entitled the “Asia Regional Forum” – which was held in Bandar Seri Begawan, the capital city of Brunei. Brunei is the current chair of the 10-state Southeast Asian trade bloc. The forum detailed not just ASEAN-related issues, but also held[…..]
Jul. 11 – Growing demand in ASEAN for dairy products presents an immense opportunity for dairy product exporters, a void which many Australian dairy producers have been trying to fill. Notably, demand has grown fastest among the ASEAN-6 – which is comprised of Indonesia, Thailand, Malaysia, Singapore, the Philippines and Vietnam – thanks to their[…..]
In this issue of Asia Briefing Magazine, we look at the various types of trade and tax treaties that exist between Asian nations. These include bilateral investment treaties and also the meatier double tax treaties and free trade agreements that directly affect businesses operating in Asia.
Jul. 5 – New Delhi is now home to the newly inaugurated ASEAN-India Center (AIC), a resource center designed to increase political and economic relations between India and the 10-nation ASEAN bloc. The center is sponsored by the Research and Information System for Developing Countries, a think tank managed by the Ministry of External Affairs[…..]
Jul. 2 – In preparation for the integration of the ASEAN Economic Community (AEC) in 2015, the Philippines has begun to take additional measures to improve the corporate governance of its local companies by fully implementing the use of the ASEAN Corporate Governance Scorecard (ACGS). The ACGS is an ASEAN-wide scorecard used to evaluate companies[…..]
There are a number of important meetings being held in July, including a series of committee meetings that will address the trade of goods throughout ASEAN and the coordination of investment and services. The key meetings of note for our readers are as follows.
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.