In this week’s ASEAN Market Watch, we highlight Indonesia’s growing automotive sector, analyze Malaysia’s trade relations with India and discuss ASEAN’s manufacturing sector.
On April 1, 2017, Singapore and India’s amended Double Taxation Avoidance Agreement will come into effect, including a Limitation of Benefits clause. Find out more about what this clause includes and what its implications are on bilateral trade between Singapore and India.
In this week’s ASEAN Regulatory Brief, we highlight the Singapore-India tax treaty, property prices for expatriates in Indonesia and Halal food certification in Malaysia.
In this week’s ASEAN Market Watch we look at Indian sponsored SEZs in Myanmar, highlight Increasing US engagement in Cambodia, and discuss recent moves up the Global Innovation Index by the Philippines
A new section of the planned Asian highway linking India, Myanmar, and Thailand has become operational. The 25.6 kilometer roadway will reduce travel time between Thinggan Nyenaung and Kawkareik from three hours to 45 minutes.
Trade between ASEAN and India has seen strong growth over recent years. In 2014, total trade amounted to US$77 billion, a significant increase over the US$44 billion seen during 2009-10. Over the past decade, bilateral trade has increased at an average annual rate of a blistering 23 percent.
The 2015-2016 Indian budget includes a proposal to set up manufacturing hubs in Cambodia, Myanmar, Laos, and Vietnam.
In this issue of Asia Briefing, we forecast the effects of ASEAN Economic Community on foreign investment into the region in the lead up to 2015. Following this, we highlight what is happening in some of ASEAN’s hottest industries for investment, including electronics, information and communications technology, textiles and medical devices.
In this issue, we examine the different tax rates in 13 Asian jurisdictions – the 10 countries of ASEAN, plus China, India and Hong Kong. We examine the on-the-ground tax rates that each of these countries levy as well as residency triggers, available tax incentives for the foreign investor, and important compliance issues.
Oct. 16 – Indian Prime Minister Manmohan Singh announced at the 11th Annual India-ASEAN Summit his country’s readiness to sign an ASEAN-India FTA in Services and Investment by December. If all goes as planned, the FTA will take effect in July 2014. India’s dedication to the region was further emphasized by PM Singh’s plan to[…..]