ASEAN Briefing News

Philippines’ Midterm Elections Take Place, Stocks Rally

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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 […]

Malaysia’s Post-Election Rally

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May 17 – Last week during the national elections in Malaysia, the National Front Coalition (NFC), the party that has governed Malaysia for 56 consecutive years, won a majority of the country’s parliamentary seats to officially extend its reign. The NFC first obtained majority after Malaysia declared independence from Britain in 1957, and has won 13 […]

Introduction to Double Taxation Avoidance in Vietnam

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May 16 – With regard to international trade, the various countries’ tax systems oftentimes put global investors in the unfavorable position of having to face redundant taxes on their income —i.e., double taxes . For example, a company may be subject to taxes in its country of residence and also in the countries where it […]

First Round of RCEP Negotiations Conclude

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The first round of negotiations on the Regional Comprehensive Economic Partnership (RCEP) wrapped up on Sunday after being launched by the Association of Southeast Asian Nations (ASEAN) and six free trade agreement (FTA) partners last week.

FTSE & ASEAN Join Together Over Joint Indices

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May 10 – The FTSE Group and five ASEAN stock exchanges (the Bursa Malaysia Exchange, the Indonesian Stock Exchange, the Philippines Stock Exchange, the Singapore Stock Exchange and the Stock Exchange of Thailand) have joined forces to launch a unique and innovative set of indices known as the FTSE/ASEAN Index series. The FTSE/ASEAN venture provides […]

New Issue of Asia Briefing: An Introduction to Development Zones Across Asia

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In this issue of Asia Briefing Magazine, we break down the various types of development zones available in China, India and Vietnam specifically, as well as their key characteristics and leading advantages. We then go on to provide a snapshot of the latest development zones across the rest of Asia. We hope that this issue will provide the basic fundamentals to understanding one of the most important business tools available to international businesses operating in Asia.

Philippines Calls For Integrated ASEAN Customs Union

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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 […]

Indonesia Ponders TPP Membership

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The Indonesian government has shown interest in joining the United States-led Trans-Pacific Partnership (TPP), saying that its entry into the TPP negotiations would depend on trade agreements with key partners in the region.

Timor Leste Looks to Join ASEAN

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Indonesian Foreign Minister Marty Natalegawa said last Friday that the Association of Southeast Asian Nations (ASEAN) will allow Timor Leste to partake in future ASEAN meetings and summits. ASEAN member states have increasingly taken an interest in approving Timor Leste to be ASEAN’s 11th member.

ASEAN+3 Further Promotes Regional Financial Cooperation

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The Association of Southeast Asian Nations plus Japan, China and South Korea (ASEAN Plus Three) have decided to further promote regional financial cooperation at the recent ASEAN Plus Three meeting held last Friday in India.

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