ASEAN Briefing News

How SMEs Can Secure Their IT System: Simple Steps

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SMEs frequently underestimate the importance of cybersecurity to their business. It’s often not a question of “if” your company will be attacked but “when” . Cybersecurity is an often-overlooked item in small and medium sized companies (SMEs), putting these companies at risk every day. Lack of IT experts, fear of high costs, or even lack […]

Indonesia is Moving its Capital – What Does it Mean for Businesses?

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The Indonesian government announced plans to relocate its capital from Jakarta to East Kalimantan. Read our analysis of what this could mean for businesses.

Singapore to Sign Free Trade Agreement with Eurasian Economic Union in October

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Singapore is scheduled to sign a free trade agreement with the Eurasian Economic Union (EAEU) in October 2019. Learn more about what this means for investors in this op/ed from Chris Devonshire-Ellis.

ASEAN Countries Want Free Trade Agreements to Develop Russian Trade

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ASEAN member states called for improvements in the region’s Free Trade status with Russia. Nearly all members with the exception of Vietnam, which has a Free Trade Agreement with the Russia-inclusive Eurasian Economic Union, suffer from low bilateral trade volumes with Russia.

Export Services in Indonesia: Eligible for Zero-Rated VAT

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Indonesia’s Ministry of Finance issued regulation PMK-32, which expanded the list of export services eligible for zero-rated value added tax. Learn more about how to take advantage of this reform.

The ASEAN-Hong Kong China Free Trade Agreement

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The ASEAN-Hong Kong, China Free Trade Agreement (AHKFTA) came into effect on June 11 for Vietnam, Laos, Myanmar, Singapore, and Thailand. Learn more about what it means for businesses in ASEAN and Hong Kong.

China Makes Up US Trade War Deficit by Buying from ASEAN, Belt and Road Countries

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China is balancing the US trade slowdown with more trade with ASEAN and Belt and Road Initiative countries. Read this op/ed by Chris Devonshire-Ellis.

Singapore’s Employment Act: The Top 6 Amendments

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The Singapore government enacted major amendments to the Employment Act earlier this year. The changes affect human resource administration for employers.

Indonesia’s New Tax Incentives: What it Means for Investors

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Indonesia’s new tax incentives are aimed for businesses that invest in labor intensive industries, training programs, as well as research and development.

ASEAN & the Eurasian Economic Union. Room For Growth in Bilateral Trade & Supply Chain Developments

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Op/Ed by Chris Devonshire-Ellis ASEAN’s trade is largely taken up with other countries in Southeast Asia, China, and India; however, that environment is beginning to change with the addition of bilateral trade and services with the Eurasian Economic Union, and with Russia especially. The Eurasian Economic Union (EAEU) is a trade bloc that includes Armenia, […]

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