Other Briefings
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.
ASEAN Regulatory Brief: Indonesia Transfer Pricing Rules, Singapore-Laos Cooperation, and Thailand 4.0 Strategies for SOEs
In this week’s ASEAN Regulatory Brief, we look at new transfer pricing documentation requirements in Indonesia, growing cooperation between Singapore and Laos, and Thailand 4.0 strategies for state-owned enterprises.
ASEAN Market Watch: Indonesia Foreign Ownership Rules, Philippines Internet Speeds, and Thailand Manufacturing
In this week’s ASEAN Market Watch, we analyze reduced foreign ownership of digital payments companies in Indonesia, discuss internet speeds in the Philippines, and look at the manufacturing sector in Thailand.
The Guide to Thailand’s Import and Export Procedures
The time and costs involved in importing and exporting in Thailand are significantly lower than in most Asia Pacific countries, as the government continues the streamlining of customs procedures. This article offers a step-by-step guide to ensure the successful movement of goods into and out of Thailand.
Daily Minimum Wage Rates in Thailand to Increase from January 1, 2017
In this article, we highlight recent adjustments to Thailand’s daily minimum wage rates passed in November and set to become effective in 2017.
ASEAN Market Watch: Malaysia Tourism, Thailand’s Railway Network, and Laos’ Economic Growth Forecast
In this week’s ASEAN Market Watch we discuss increasing Chinese tourism in Malaysia, highlight plans for expansion of Thailand’s railway net work, and analyze economic growth forecasts for Laos.
ASEAN Regulatory Brief: Money Laundering Regulations in Thailand, Philippine Monetary Allowances, and Private Jets in Indonesia
In this week’s ASEAN Regulatory Brief we discuss Thai money laundering legislation, analyze increased Philippine monetary allowances, and highlight and private jet flights in Indonesia
Indirect Taxation Across ASEAN
VAT and GST rates within ASEAN vary widely between member states – from 12 percent in the Philippines to countries which do not currently levy these taxes at all, such as Laos and Myanmar. For those considering investment, GST, VAT, and other taxation tied to the purchase of specific goods should be watched closely.
The Benefits of Regional Management in Thailand
Thailand is seeking to position itself as a regional management center within ASEAN. Read more to learn about incentives offered by the Kingdom as well requirements needed to tap into these opportunities.
ASEAN Market Watch: Tourism in Myanmar, Thailand 4.0, and Service Sector Growth in Singapore
In this week’s ASEAN Market Watch we discuss tourism in Myanmar, highlight the impending implementation of Thailand 4.0, and analyze the drivers behind Singapore’s thriving service industry.
