Other Briefings
Singapore Issues Further Updates to its FATCA Regulations
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
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.
The Philippines to Reduce Corporate and Personal Income Tax Rates
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.
Norway Enters into Formal Partnership with ASEAN
Norway has become the first European country to enter into a formal partnership with the ASEAN trading bloc. The northern European country has been accepted as a Sectoral Dialogue Partner, a move that was announced at the recent ASEAN meeting in Kuala Lumpur.The ASEAN free trade area includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.
ASEAN Regulatory Brief: CIT e-Filing, GST, Relaxed Investment Regulations, and Adjusted Reference Prices for Imports
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, Indonesia, and Thailand during the month of August.
Philippines Expands E-filing of Tax Returns, Mulls Personal Income Tax Reduction
Over the past year, the Philippines has been making great strides in improving its business environment. Chief among these improvements has been the government’s efforts to simplify the country’s tax system. The Southeast Asian nation is now continuing its efforts to improve the system of e-filing tax returns and the promotion of its use by businesses throughout the country.
Grounds for Investment: Opportunities in Southeast Asia’s Coffee Industry
Southeast Asia has an ideal climate for coffee cultivation. While Vietnam has traditionally led the way for coffee production in ASEAN, other countries in the ten-nation bloc are steadily growing as coffee exporting nations. In this article, we provide an overview of the coffee industry in these countries.
ASEAN Regulatory Brief: M&A, GST, and Bilateral Trade
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, and Thailand during the second half of the month of July.
State by State: ASEAN and Arizona Trade
Arizona has a near US$2billion export trade business with the ASEAN nations, representing about 6 percent of the state’s total exports. These support some 11,896 American jobs in Arizona. Learn about Arizona’s present and future trade prospects with the Association of Southeast Asian Nations.
Assessing Foreign Investment Prospects in ASEAN Through the Business Optimism Index
In recent years, ASEAN has become a hotbed for foreign investment. In 2014, ASEAN member states combined for over US$2.3 trillion in total GDP. Each ASEAN nation, however, present their own unique advantages and challenges for foreign investment. The ASEAN Business Optimism Index, released each quarter by Dun & Bradstreet, provides in-depth insight into business sentiment for the quarter ahead as measured by sales volume, net profit, selling price, new orders, inventory, and employment across sectors and industries.
