ASEAN Briefing News

Singapore Qualifies as ASEAN Hub for Fast Track Patent Applications

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Singapore is the first nation in ASEAN qualified to accept and process fast track patent applications under the Patent Cooperation Treaty (PCT). The new services provide businesses a cost effective alternative to preexisting PCT offices.

Logging On: New Internet Cable Boosts Myanmar’s Connectivity with Neighbors

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Earlier this week Jiang Zhengxin – vice general manager of China United Telecommunications Corp. –revealed that the company has been contracted to construct China’s first international undersea internet cable linking China and Myanmar.

22nd Meeting of the APEC Finance Ministers: Further Financial Integration Ahead

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The 22nd meeting of the Finance Ministers of the Asia-Pacific Economic Cooperation (APEC) forum was wrapped up earlier this month. The meeting focused on a range of financial and regulatory issues, as well as continuing the work of further integration of the region.

Singapore Issues Further Updates to its FATCA Regulations

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The Inland Revenue Authority of Singapore (IRAS) has released new information on its website relating to compliance with the Foreign Account Tax Compliance Act (FATCA).

Eurasian Economic Union (EAEU) plans FTA expansion within ASEAN

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The Eurasian Economic Union is actively working to improve its trade relationships with ASEAN members ahead of the ASEAN Economic Community’s completion this December. In this article, we analyze how far the EAEU has advanced relations with individual ASEAN nations.

Indonesian FDI Highest Among ASEAN Members in First Half of 2015

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With growing uncertainty over China’s economic stability, recent FDI statistics released by the Financial Times come as a reassurance that investors are taking a more pragmatic, nuanced approach towards risk mitigation in Asia.

ASEAN Regulatory Brief: Asian Infrastructure Investment Bank, Malaysia-Slovakia DTA, EU-Vietnam FTA Cuts Tariffs on Meats

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In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in ASEAN, Malaysia, and Vietnam.

The Philippines to Reduce Corporate and Personal Income Tax Rates

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The Philippines’ government is set to approve a bill that will reduce the country’s corporate and personal income tax rates. Once implemented, the lowered rates are expected to be a boon for low and middle-income earners.

Myanmar to Commercially Tax All Transactions on Yangon Stock Exchange

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According to the Securities and Exchange Commission of Myanmar (SECM), all transactions on the soon to be opened Yangon Stock Exchange (YSX) will be commercially taxed.

Asian Highway to Link India, Myanmar, and Thailand

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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.

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