Other Briefings
The Philippines Tops List of Southeast Asia Remittances
May 23 – A recently released report from the International Fund for Agricultural Development and the World Bank has found that remittance inflows from every Southeast Asian country have significantly increased from 2000 to 2012. The Philippines, in particular, has benefitted the most, and the report adds that remittances sent by Filipino migrants in 2012 […]
Philippines’ Midterm Elections Take Place, Stocks Rally
May 21 – The Philippines’ 2013 midterm general elections were held last week, with 12 senate seats to be filled and 229 district seats up for grabs in the House of Representatives. Full results can be found here. Nine of the twelve senate seats and 114 district seats were won by members of incumbent President […]
Philippines Calls For Integrated ASEAN Customs Union
May 9 – The 18th Meeting of the ASEAN Coordinating Committee on Customs (CCC) opened this week at the Clark Freeport Zone in the northern Philippine province of Pampanga. During the key note presentation, Philippine Customs Commissioner Ruffy Biazon highlighted the important role played by the various customs agencies in Southeast Asia in establishing a […]
ASEAN-India Free Trade Area Part III: Cambodia, Brunei, Laos and the Philippines
By Alex Tangkilisan Feb. 27 – In the third part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Cambodia, Brunei, Laos and the Philippines. While the Philippines is part of the ASEAN six majors, Cambodia, Brunei and Laos are the three smallest economies in the region. […]
Indonesia Proposes Limited FTA with the United States
Indonesia has proposed a limited FTA that will allow critical commodities used in EV production to be shipped to the US.
ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar
ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.
ASEAN, Russia Commit to Strengthening Partnership
ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.
Singapore and India Link Real Time Retail Payment Systems
Singapore and India have launched a real time payment mechanism (UPI-PayNow) to ease cross-border payments between the two countries.
An Overview of Indonesia’s Double Tax Avoidance Agreements
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.
ASEAN Finance Ministers and Central Banks Consider Dropping US Dollar, Euro and Yen, Indonesia Calls for Phasing Out Visa and Mastercard
Growing calls to settle financial transactions in local currencies.
