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Competition Set to Take Off in ASEAN as Open Skies Policy Looms

As the biggest airshow in the Asia-Pacific region kicks off this week in Singapore, progress towards implementing an ASEAN-wide open skies regime by 2015 appears to be slow but steady.

ASEAN Public Holiday Schedule for 2014

ASEAN Holiday Schedule for: Vietnam, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand.

Myanmar Steps onto the World Stage

Myanmar, also known as Burma, has been closed to the world for much of its recent history. However, the country is now going through a process of opening up and liberalization.

Since President Thein Sein was elected in 2011, Myanmar has implemented a plethora of political and economic reforms. This new political outlook has resulted in the lifting of the long-existing international sanctions regime that had been imposed upon the country.

Report: ASEAN Should Facilitate Visa Procedures

A joint report from the UN World Tourism Organization and World Travel & Tourism Council suggests that facilitating ASEAN visa procedures could attract between 6 and 10 million additional international tourist arrivals by 2016.

ASEAN 5 Prepares for Integrated Payment System

The five largest members of ASEAN – Indonesia, Malaysia, Singapore, the Philippines and Thailand have agreed to implement an integrated payment system to enable real time gross settlement (RTGS) systems to be in effect by next year.

ASEAN Tax Comparator

In this article, we outline the key corporate and individual income tax rates for the 10 member states of the Association of Southeast Asian Nations (ASEAN) – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

Malaysia to Open Up To Foreign Auto Manufacturers

As the country seeks to regain its position as an Asian auto hub, Malaysia has eased restrictions in its auto market with foreign investors now being able to manufacture all types of hybrid and electric passenger cars, including small passenger cars. The changes were announced on Monday as part of the country’s new National Automotive Policy (NAP).  […]

Southeast Asian M&A Deals in 2013 Highest on Record

SINGAPORE – According to a recent report from Mergermarket, during the first three quarters of 2013 Southeast Asia saw 273 merger & acquisition deals. Totaling US$49.8 billion, this was the highest result on record in terms of both deal value and deal count on Mergermarket’s records. This is up 4 percent compared to 2012’s Q1-3 result […]

Made in ASEAN: Vietnam Cuts Import Taxes for ASEAN-made Vehicles

Ho Chi Minh City – As of January 1, 2014, vehicles imported from other ASEAN countries to Vietnam are eligible to receive a 10-50 percent tax cut following the 2008 ASEAN Trade in Goods Agreement (ATIGA). The new tax rate for vehicles imported into Vietnam from ASEAN nations is displayed in the following chart: ASEAN […]

January 2014 ASEAN Regional Meetings

There are a number of important forums being held in January, including the ASEAN Foreign Ministers Retreat and the Preparatory Meeting of Senior Officials. The key meetings of note for our readers are as follows.