Other Briefings
Thailand’s New Personal Income Tax Structure Comes Into Effect
Thailand’s updated personal income tax structure officially came into effect on January 1, 2017, with the aim to ease tax burdens and boost disposable income. The new structure revises the income tax bands subject to 30 percent and 35 percent tax, and increases deductibles, and doubles allowances.
ASEAN Regulatory Brief: Philippines Banking Regulation, Cambodia SME Tax Incentive, and Indonesia Fintech Sector
In this week’s Regulatory Brief, we discuss Philippines’ directive to banks on late payments, Cambodia’s move to make SMEs tax compliant and Indonesia’s decision to allow fintech companies to deal directly with customers.
Personal Income Tax in ASEAN: a Guide to 2017 Rates
Personal income tax, or PIT as it is commonly referred, is a tax levied on all wage earners within a given jurisdiction. In the following article, we outline PIT tax brackets in individual member states of ASEAN.
Malaysia’s FDI Outlook for 2017: Trends and Opportunities
Malaysia is one of the most stable countries in Asia in terms of economic and operational risk. Read why the prospects for FDI in 2017 remain bright and where opportunities for investment may be growing.
ASEAN Market Watch: Malaysia Manufacturing, Philippines Economic Freedoms, and Singapore SME Digitization
In this week’s ASEAN Market Watch, we look at Malaysia’s manufacturing environment, examine the state of Philippines’ economic freedoms and highlight SME digitization initiatives in Singapore.
Philippines’ Finance Secretary Recommends 7 Percent Corporate Income Tax Cut
The Philippines’ Finance Secretary, Carlo Dominguez, has recommended a corporate income tax rate of 25 percent, reduced from the current 32 percent as part of the Government’s Comprehensive Tax Reform Program (CTRP).
Thailand in 2017: a Changing Investment Landscape
After a challenging year, both economically and socially, 2017 has been touted by some as a pivotal year for the Thai economy and ‘the year of concrete national reform’. Here, we discuss what is on the horizon for Thailand’s investment landscape in 2017.
ASEAN Regulatory Brief: Building Fines in Myanmar, Air Cargo Subsidies in Indonesia, and Quality Inspection in Laos
In this week’s Regulatory Brief, we discuss the hefty fines for building violations in Myanmar, new air cargo subsidies in Indonesia, and tightened quality inspection measures for the food, beverage, and drug sectors in Laos.
Getting a Grip on Malaysia’s Rubber Glove Industry
About 133.6 billion pieces of rubber gloves – 63 percent of the world total – came from Malaysia in 2016, as the Southeast Asian nation has carved a niche in the industry. Exports were worth an estimated RM 14.3 billion, continuing the country’s streak as the world leader in rubber glove production for over two decades running.
Electrifying Laos: Opportunities for FDI in 2017
While Laos is still one of the poorest members in ASEAN, the country has posted strong growth rates for the past ten years, typically oscillating between seven and eight percent. Here, we outline opportunities for FDI in this emerging economy.
